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Stock impact report

WaFd Looks Cheap For A Reason, And That's Why I'm Interested [Seeking Alpha]

Washington Federal, Inc. (WAFD) 
Last washington federal, inc. earnings: 4/21 07:00 pm Check Earnings Report
Company Research Source: Seeking Alpha
Margins remain under pressure from nonaccrual loans and higher funding costs, partially offset by hedging; agency MBS purchases support liquidity but limit yield. Credit quality is deteriorating, with rising criticized and nonperforming assets, especially in manufacturing, energy, and office CRE, driven by higher rates and tariffs. Deposit mix is improving, with growth in noninterest-bearing and core deposits, while expense control lowered the efficiency ratio to 55.3%; focus shifts to C&I loan and transaction deposit growth. Luis Alvarez/DigitalVision via Getty Images Thesis This is my first time covering WaFd, Inc. ( WAFD ), a Seattle-based holding company for WaFd Bank, with more than 200 offices across nine Western states. On momentum , WAFD's about even with the S&P This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a pur Show less Read more
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