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WAFD
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WaFd Announces Quarterly Earnings Per Share of $0.73

1. WAFD reports Q3 with strong earnings driven by improved margins. 2. Cost of funds decreased by 6.5%, enhancing net interest income.

Earnings
-0.03%Current Return
VS
-0.07%S&P 500
$29.7407/17 05:14 PM EDTEvent Start
$29.7307/18 11:19 PM EDTLatest Updated
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FAQ

Why Bullish?

The reported increase in earnings and decrease in cost of funds suggests operational efficiency. Historically, similar earnings reports often lead to positive market reactions, as in Q2 2022 when excellent quarterly results boosted stock prices.

How important is it?

Strong quarterly earnings significantly influence investor sentiment, likely driving interest and stock valuation. With earnings being a critical performance indicator, the article directly impacts WAFD's stock perception.

Why Short Term?

Immediate investor confidence may boost WAFD’s stock in response to positive earnings. Previous quarters with strong financial results typically see quick market reactions within weeks.

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SEATTLE--(BUSINESS WIRE)---- $wafd #banking--WaFd, Inc. (Nasdaq: WAFD): Q3 Highlights   $62 Million   $0.73   0.92%   10.2% Net Income   Diluted Earnings per Common Share   Return on Average Assets   Return on Tangible Common Equity   "The third quarter delivered strong core earnings driven by improved margin and resultant net interest income. Our cost of funds in dollars decreased 6.5% on a linked quarter basis, benefiting from lower rates on deposits and reduced borrowings as we chose to shrink the balance shee.

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