Jul. 18 at 11:08 AM
$WAFD beats estimates but faces challenges ahead! 📈
Q3 EPS of 73 cents topped the Zacks Consensus Estimate of 67 cents, driven by higher non-interest income and lower expenses. However, declines in net interest income and loan balances, along with rising credit loss provisions, present hurdles.
See the full breakdown here 👉 https://www.zacks.com/stock/news/2591237/wafd-gains-as-q3-earnings-beat-on-fee-income-weak-lending-hurts-nii?cid=sm-stocktwits-2-2591237-body-2475&ADID=SYND_STOCKTWITS_TWEET_2_2591237_BODY_2475