wafd: the income statement

MyFinsight

WAFD INC (WAFD)

For the quarter ending 2025-06-30, WAFD made $7,588K in revenue. $58,296K in net income. Net profit margin of 768.27%.

Overview

Revenue
$7,588K
Net Income
$58,296K
Net Profit Margin
768.27%
EPS
$0.73
Unit: Thousand (K) dollars

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-12-31	2024-06-30
Deposit fee income	7,588	7,057	7,046	6,960
Other income	8,979	9,947	7,286	9,567
Loan fee income	1,650	1,812	1,345	594
Gain on sale of investment securities	-	-	20	80
Gain on termination of hedging derivatives	56	65	5	54
Total non-interest income	18,273	18,881	15,702	17,255
Product delivery	6,621	6,907	5,785	6,090
Other expense	12,298	13,435	15,769	14,888
Occupancy	11,755	11,499	10,788	10,904
Compensation and benefits	53,481	52,710	59,927	57,169
Information technology	15,022	14,481	14,192	13,428
Fdic insurance premiums	5,150	5,800	4,850	7,600
Total non-interest expense	104,327	104,832	111,311	110,079
Customer accounts	146,735	151,948	162,150	154,359
Borrowings, senior debt and junior subordinated debentures	16,991	23,226	27,536	60,396
Total interest expense	163,726	175,174	189,686	214,755
Investment securities and cash equivalents	24,383	30,081	40,183	37,300
Mortgage-backed securities	27,855	23,926	18,337	17,523
Loans receivable	279,476	282,077	286,597	337,118
Total income	331,714	336,084	345,117	391,941
Net interest income	167,988	160,910	155,431	177,186
Provision for credit losses	2,000	2,750	-	1,500
Net interest income after provision	165,988	158,160	155,431	175,686
Gain (loss) on real estate owned, net	-176	-199	429	-124
Income before income taxes	79,758	72,010	60,251	82,738
Income tax expense	17,806	15,758	12,984	18,178
Net income	61,952	56,252	47,267	64,560
Dividends on preferred stock	3,656	3,656	3,656	3,656
Net income available to common shareholders	58,296	52,596	43,611	60,904

Basic earnings per common share (in dollars per share)	0.73	0.65	0.54	0.75
Basic weighted average shares outstanding (in shares)	79,888,520	81,061,206	81,294,227	81,374,811
Diluted earnings per common share (in dollars per share)	0.73	0.65	0.54	0.75
Diluted weighted average shares outstanding (in shares)	79,907,672	81,105,536	81,401,599	81,393,708

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

MyFinsight

Overview

Revenue
$7,588K
Net Income
$58,296K
Net Profit Margin
768.27%
EPS
$0.73
Unit: Thousand (K) dollars

Income Statement

DownloadDownload image

Overview

Revenue
$7,588K
Net Income
$58,296K
Net Profit Margin
768.27%
EPS
$0.73
Unit: Thousand (K) dollars

Income Statement

DownloadDownload image

Overview

Revenue$7,588KNet Income$58,296KNet Profit Margin768.27%EPS$0.73Unit: Thousand (K) dollars

Income Statement

Overview

Revenue$7,588KNet Income$58,296KNet Profit Margin768.27%EPS$0.73Unit: Thousand (K) dollars

Income Statement

Revenue
$7,588K
Net Income
$58,296K
Net Profit Margin
768.27%
EPS
$0.73
Unit: Thousand (K) dollars

Revenue
$7,588K
Net Income
$58,296K
Net Profit Margin
768.27%
EPS
$0.73
Unit: Thousand (K) dollars