Washington Federal, Inc. Reports Earnings Results for the Fourth Quarter Ended September 30, 2021
October 15, 2021 at 03:20 pm EDT
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Washington Federal, Inc. announced earnings results for the fourth quarter ended September 30, 2021. For the fourth quarter, the company announced net interest income was USD 131.956 million compared to USD 114.832 million a year ago. Net income was USD 52.371 million compared to USD 34.343 million a year ago. Basic earnings per share from continuing operations was USD 0.72 compared to USD 0.45 a year ago. For the full year, net interest income was USD 505.109 million compared to USD 469.508 million a year ago. Net income was USD 183.615 million compared to USD 173.438 million a year ago. Basic earnings per share from continuing operations was USD 2.39 compared to USD 2.26 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 
