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WaFd, Inc (WAFDP)
| Previous close | 15.63 |
| Open | 15.65 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 15.80 - 15.97 |
| 52-week range | 12.02 - 17.84 |
| Volume | |
| Avg. volume | 38,440 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 5.81 |
| EPS (TTM) | 2.74 |
| Earnings date | N/A |
| Forward dividend & yield | 1.22 (7.80%) |
| Ex-dividend date | 27 Mar 2024 |
| 1y target est | N/A |
Business WireWaFd Reports Second Quarter Fiscal 2024 Results Following Completion of Merger of Luther Burbank Corporation
SEATTLE, April 22, 2024--WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank" or the "Bank"), today announced quarterly earnings after successfully completing the merger of California-based Luther Burbank Corporation ("LBC").
Simply Wall St.Institutional owners may consider drastic measures as WaFd, Inc's (NASDAQ:WAFD) recent US$91m drop adds to long-term losses
Key Insights Institutions' substantial holdings in WaFd implies that they have significant influence over the company's...
- Yahoo Finance Video
Commercial real estate exposure: How investor should assess risk
New York Community Bancorp (NYCB) will receive a $1 billion rescue from a group of investors led by former US Treasury Secretary Steven Mnuchin. The bank absorbed some of the assets of the failed Signature Bank, taking on billions in loans that subjected them to tighter regulatory standards. NYCB is also threatened by its high exposure to commercial real estate, which has fallen significantly in value since the rise of remote work. WaFd Bank CEO Brent Beardall (WaFd) joins Yahoo Finance to discuss the $1 billion rescue plan for NYCB and what investors need to keep in mind regarding regional banks and commercial real estate. Beardall explains that commercial real estate is too broad a sector to be categorized as a risk across the board. To understand the nature of investors' exposure to commercial real estate, Beardall highlights three key takeaways: "Number one is location: it's not secret, everyone knows that with real estate it's all about location, location, location...Number two is to understand how much equity these borrowers put into the deals. Because it tells you how long are they going to go along trying to solve the problem. If they have a lot of equity in the deals, they're going to be with you, they're going to work with you really hard with you to get it right. And then lastly is the sponsor. You need to understand how is the sponsor going to behave. Are they going to be quick to cut ties and say it's your problem or are they going to work with you through the problems?" For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
