WaFd FY26 Q3 diluted EPS rises 15% year over year to $0.84
WAFD•Quarterly results
- WaFd posted fiscal Q3 net income of $66.13 million, up 1% from the prior quarter and up 7% from a year earlier.
- Diluted EPS rose to $0.84, up 2% from the March quarter and up 15% from a year earlier.
- Net interest income climbed to $181.34 million, up 2% sequentially; net interest margin held at 2.81%.
- Provision for credit losses increased to $11 million from $4 million in the prior quarter; net charge-offs were $1.6 million.
Management commentary and efficiency
CEO Brent Beardall cited growth in earnings, loans and equity; efficiency ratio improved to 53.69% from 55.66%.
