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0.000285306704707504 -0.000855920114122714 -0.00285306704707565 -0.00171184022824543 -0.00313837375178315 -0.00185449358059928 -0.00057061340941521 -0.00513552068473608
Stock impact report

WaFd targets 8%-12% active loan growth while pursuing 20% noninterest deposits by 2030 [Seeking Alpha]

WaFd, Inc. (WAFD) 
Last wafd, inc. earnings: 4/21 07:00 pm Check Earnings Report
Company Research Source: Seeking Alpha
“No question, the headline for this quarter is loan growth,” said (President, CEO & Vice Chairman Brent Beardall), highlighting that “this quarter, we saw growth in the overall net loan portfolio, including inactive segments,” and adding, “we saw a 12% increase on a Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights WaFd, Inc. returned to net loan growth, including inactive segments, with a 12% increase in the active portfolio and improved credit trends marked by a decrease in nonperforming assets from $203 million to $132 million. Management expects the net interest margin to be flat near-term absent rate changes, aims for a short-term margin goal of 3% over two years, and links this to achieving 12.5% ROTCE through C&I loan and low-cost deposit growth. Risks include exposure to macro headwinds such as high interest rates, geopolitical c Show less Read more
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