Jan. 16 at 1:48 PM
$WAFD beats earnings estimates — but is asset quality a concern? 🤔
WaFd's Q1 earnings of 79 cents per share surpassed the Zacks Consensus Estimate of 76 cents, with a 46% year-over-year jump. However, credit quality is a worry, as non-performing assets rose to 0.75% of total assets from 0.29%.
Discover the full earnings breakdown here 👉 https://www.zacks.com/stock/news/2818639/wafd-q1-earnings-beat-estimates-on-higher-nii-expenses-decline?cid=sm-stocktwits-2-2818639-body-29207&ADID=SYND_STOCKTWITS_TWEET_2_2818639_BODY_29207