Washington Federal, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2023
July 14, 2023 at 05:00 pm EDT
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Washington Federal, Inc. reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported net interest income was USD 168.7 million compared to USD 151.75 million a year ago. Net income was USD 61.78 million compared to USD 63.3 million a year ago. Basic earnings per share from continuing operations was USD 0.89 compared to USD 0.91 a year ago. Diluted earnings per share from continuing operations was USD 0.89 compared to USD 0.91 a year ago.
For the nine months, net interest income was USD 526.54 million compared to USD 420.97 million a year ago. Net income was USD 207.22 million compared to USD 162.94 million a year ago. Basic earnings per share from continuing operations was USD 3 compared to USD 2.33 a year ago. Diluted earnings per share from continuing operations was USD 3 compared to USD 2.32 a year ago.
WaFd, Inc. is a bank holding company that conducts its primary business through its subsidiary, Washington Federal Bank. Washington Federal Bank, a federally insured Washington state chartered commercial bank doing business as WaFd Bank (the Bank), is engaged in providing lending, depository, insurance and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. The Bank's business consists primarily of accepting deposits from the general public and investing these funds in loans of various types, including first lien mortgages on single-family dwellings, construction loans, loans on multi-family, commercial real estate and other income producing properties, home equity loans and business loans. The Bank invests in certain United States government and agency obligations and other investments. The Bank has approximately 198 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico and Texas.
WAFD, INC 
