NASDAQ$WAFD
WaFd Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Announced quarterly earnings, reflecting a decrease in fully diluted earnings per share.
Washington Federal announced quarterly earnings of $34,852,000, or $0.46 per diluted share, for the quarter ended June 30, 2020. This represents a decrease compared to the $53,854,000, or $0.67 per diluted share, for the quarter ended June 30, 2019.
- Originated $2.1 billion in new loans, a new quarterly record for WaFd Bank.
- Grew transaction deposit accounts year-to-date by $1.8 billion or 26%.
- Net interest income remained flat at $117 million despite Federal Reserve interest rate cuts.
- Increased allowance for credit losses to $185 million due to economic uncertainty.
Headline financials
Revenue & EPS history
WaFd · Revenue · Quarterly
$131M
Revenue by segment
WaFd · $13.9M total across 3 segments · Q1 2021
- Deposit Fee Income$6.03M—43.4%
- Other Income$5.45M—39.3%
- Loan Fee Income$2.39M—17.2%
Forward guidance
The company sees disruption as a generational opportunity for community and regional banks to earn additional market share and plans to continue to invest resources accordingly.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.2%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+2.2%
Avg return
30 days after
51%
35 / 69 earnings
Positive
+9.9%
Q4 2022
Best reaction
-5.7%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -1.4% | +7.8% | +5.5% | |
| Q1 2026 | -4.0% | -1.8% | -7.9% | |
| Q4 2025 | +0.9% | +4.6% | +9.8% | |
| Q3 2025 | -1.6% | -1.3% | +0.6% | |
| Q2 2025 | +0.1% | +1.3% | +0.9% | |
| Q1 2025 | -5.7% | -6.9% | -7.2% | |
| Q4 2024 | -1.6% | -7.7% | +0.5% | |
| Q3 2024 | +7.8% | +9.1% | +8.6% | |
| Q2 2024 | +2.5% | +0.0% | +2.9% | |
| Q1 2024 | -5.7% | -3.5% | -5.1% | |
| Q4 2023 | -3.3% | -5.5% | +5.4% | |
| Q3 2023 | +2.0% | +9.6% | +8.5% | |
| Q2 2023 | -2.4% | -0.1% | -14.0% | |
| Q1 2023 | +4.5% | +3.5% | +2.8% | |
| Q4 2022 | +9.9% | +17.9% | +19.7% | |
| Q3 2022 | +1.1% | +5.0% | +15.6% | |
| Q2 2022 | +1.8% | +3.1% | -0.7% | |
| Q1 2022 | +3.5% | +3.2% | -1.9% | |
| Q4 2021 | +3.7% | +2.6% | +2.6% | |
| Q3 2021 | +0.5% | +1.9% | +7.2% | |
| Q2 2021 | +1.1% | +5.2% | +6.5% | |
| Q1 2021 | +1.3% | +2.6% | +6.7% | |
| Q4 2020 | -0.8% | -3.7% | +5.6% | |
| Q3 2020 | -0.5% | -6.7% | -3.9% | |
| Q2 2020 | -0.6% | +1.3% | +1.5% | |
| Q1 2020 | +0.2% | -0.1% | -2.1% | |
| Q4 2019 | -2.2% | -1.5% | +0.5% | |
| Q3 2019 | +0.5% | +1.1% | -1.9% | |
| Q2 2019 | +4.3% | +6.2% | +3.6% | |
| Q1 2019 | +2.2% | +6.2% | +6.6% | |
| Q4 2018 | +0.6% | -0.9% | -5.7% | |
| Q3 2018 | +1.4% | +3.6% | +5.5% | |
| Q2 2018 | -4.7% | -4.2% | -5.3% | |
| Q1 2018 | +2.9% | +4.9% | +2.1% | |
| Q4 2017 | +2.6% | +2.6% | -1.3% | |
| Q3 2017 | +0.6% | +1.1% | -4.7% | |
| Q2 2017 | +1.5% | +1.4% | -1.1% | |
| Q1 2017 | -2.5% | -1.8% | +1.0% | |
| Q4 2016 | +2.2% | +2.5% | +18.4% | |
| Q3 2016 | -0.4% | -1.3% | +0.5% | |
| Q2 2016 | +2.6% | — | — | |
| Q1 2016 | -1.9% | — | — | |
| Q4 2015 | +4.2% | — | — | |
| Q3 2015 | -0.5% | — | — | |
| Q2 2015 | +2.6% | — | — | |
| Q4 2014 | -4.5% | — | — | |
| Q1 2015 | -4.5% | — | — | |
| Q3 2014 | -1.7% | — | — | |
| Q2 2014 | -2.4% | — | — | |
| Q1 2014 | -2.5% | — | — | |
| Q4 2013 | +5.2% | — | — | |
| Q3 2013 | +6.9% | — | — | |
| Q2 2013 | -2.5% | — | — | |
| Q1 2013 | +0.5% | — | — | |
| Q4 2012 | +3.1% | — | — | |
| Q3 2012 | -3.4% | — | — | |
| Q2 2012 | -0.2% | — | — | |
| Q1 2012 | +3.4% | — | — | |
| Q4 2011 | -2.9% | — | — | |
| Q3 2011 | +0.6% | — | — | |
| Q4 2010 | +0.6% | — | — | |
| Q2 2011 | -0.2% | — | — | |
| Q1 2010 | -0.5% | — | — | |
| Q1 2011 | -0.6% | — | — | |
| Q2 2010 | -1.2% | — | — | |
| Q4 2008 | -1.2% | — | — | |
| Q3 2009 | -3.6% | — | — | |
| Q4 2009 | -3.6% | — | — | |
| Q3 2010 | -3.6% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro