WFSL Washington Federal, Inc. featured news, full reports, and detailed charts
Washington Federal, Inc. (WFSL) Wrap Up:
Washington Federal, Inc. formed in November 1994, is a Washington corporation headquartered in Seattle, Washington. The Company is a non-diversified unitary savings and loan holding company within the meaning of the Home Owners’ Loan Act (“HOLA”) that conducts its operations through a federally insured savings and loan association subsidiary, Washington Federal Savings. As used throughout this report, the terms “Washington Federal” or the “Company” refer to Washington Federal, Inc. and its consolidated subsidiaries. The Company, doing business as Washington Federal Savings, is a federally-chartered savings and loan association that began operations in Washington as a state-chartered mutual company in 1917. In 1935, the Company converted to a federal charter and became a member of the Federal Home Loan Bank (“FHLB”) system. On November 9, 1982, Washington Federal Savings converted from a federal mutual to a federal capital stock company. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f11%2f28%2f0001193125-07-254817.html#FIS_BUSINESS"Washington Federal Inc. (WFSL:NASDAQ)
Snapshot of Washington Federal Inc. (WFSL)
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OPEN
$18.97
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PREVIOUS CLOSE
$19.17
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DAY HIGH
$19.22
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DAY LOW
$18.84
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52 WEEK HIGH
11/18/09 - $19.68
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52 WEEK LOW
03/6/09 - $9.75
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MARKET CAP
2.1B
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AVERAGE VOLUME 3 mo
1.5M
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DILUTED EPS TTM
$0.46
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SHARES OUTSTANDING
112.3M
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EX-DATE
10/7/09
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P/E TTM
41.2x
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DIVIDEND
$0.20
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DIVIDEND YIELD
1.06%
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| K = Thousands M = Millions B = Billions | ||
related news
WFSL Top Compensated Officers
Executives, Board Directors
Key developments for Washington Federal Inc. (WFSL)
Washington Federal Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended September 30, 2009. For the quarter, the company's net interest income was $95,399,000 compared to $84,257,000 a year ago. For the year, the company's net interest income was $373,147,000 compared to $303,787,000 a year ago.
Washington Federal Inc. expected to Report Q1 2010 Results on January 20, 2010. This event was calculated by Capital IQ (Created on October 22, 2009).
Washington Federal Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended September 30, 2009. For the quarter, the company reported net income available to common shareholders of $9,605,000 or $0.11 per diluted share on total interest income of $167,266,000 compared to net loss available to common shareholders of $39,337,000 or $0.45 per diluted share on total interest income of $177,503,000 for the same period a year ago. The company reported income before income taxes of $13,612,000 and net interest income after provision for loan losses of $43,599,000 compared to loss before income taxes of $61,960,000 and net interest income after provision for loan losses of $47,457,000 for the same period a year ago. Return on average assets was 0.31% and return on average common equity was 2.57% compared to return on average assets of negative 1.33% and return on average common equity of negative 11.52% for the same period a year ago. For the year, the company reported net income available to common shareholders of $40,684,000 or $0.46 per diluted share on total interest income of $691,774,000 compared to net income available to common shareholders of $62,332,000 or $0.71 per diluted share on total interest income of $701,428,000 for the same period a year ago. The company reported income before income taxes of $75,742,000 and net interest income after provision for loan losses of $180,147,000 compared to income before income taxes of $95,839,000 and net interest income after provision for loan losses of $243,271,000 for the same period a year ago. Return on average assets was 0.33% and return on average common equity was 2.87% compared to return on average assets of 0.55% and return on average common equity of 4.59% for the same period a year ago.
WFSL Competitors
| Company | Last | Change |
| Bank of Hawaii Corp | $45.72 USD | +0.51 |
| FirstMerit Corp | $20.10 USD | +0.24 |
| Fulton Financial Corp | $8.47 USD | +0.04 |
| Valley National Bancorp | $13.39 USD | +0.03 |
| Zions Bancorporation | $12.55 USD | -0.19 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | WFSL | Industry Range |
| Price/Earnings | 41.2x |
Not meaningful
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| Price/Sales | 8.6x |
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| Price/Book | 1.2x |
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| Price/Cash Flow | 44.0x |
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| TEV/Sales | NM | Not Meaningful |
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WFSL |
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WFSL transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent News About Washington Federal, Inc.
More news for WFSL
Washington Federal Declares 107th Consecutive Cash Dividend
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
WASHINGTON FEDERAL INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statem
Show all filings for WASHINGTON FEDERAL INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for WASHINGTON FEDERAL INC 21-Sep-2009Entry into a Material Definitive Agreement, Other Events, Financial Statem Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informatio...Click here to read the whole Article (external link)
[video] Winning With Small Cap Financials
All CNBC | News | Video...Click here to read the whole Article (external link)
A Smarter Way to Play Financials: Stock Picker
Small cap financial stocks are on their way from "ugly, to OK, to good, to great," said David Ellison, CIO of FBR Equity Funds. He shared his sector and stock investment strategies. (See below for Ellison's 3 stock picks.)“There’s been not quite [as much] bad news there,†Ellison told CNBC. “A lot of the small caps have avoided the bad assets and now they’re benefiting from good lending spreads, decent loan volumes and they have enough capital.†Ellison said it is “very easy†for investors to find the better names in small cap financials. More Market Intelligence: By using small caps, “you can avoid the names that have exposure to commercial real estate and certain markets that are in trouble,†he suggested. “You can avoid the construction banks that have lent a lot of money to construction companies around the company, primarily residential.†Ellison’s Long-Term Financial Picks: Astoria Financial ...Click here to read the whole Article (external link)
Washington Federal Q4 income: $9.6M
ONLINE: home | business news | small business | sales & marketing | real estate | events | community | careers | city guide | advertise | about us | rss PRINT: subscribe | renew | advertise | book of lists | business intelligence | classifieds | view digital edition | ...Click here to read the whole Article (external link)
Washington Federal Reports Quarterly Net Income of $9.6 Million and $40.7 Million for Its Fiscal Year
SEATTLE, WA--(Marketwire - 10/22/09) - Washington Federal, Inc. (NASDAQ:WFSL - News), parent company of Washington Federal Savings, today announced earnings of $9,605,000 or $.11 per diluted share for the quarter ended September 30, 2009. In the same quarter one year ago, the Company reported a loss of $39,337,000 or $.45 per diluted share due to a writedown of $88 million on preferred stock investments in the U.S. Government sponsored entities of Fannie Mae and Freddie Mac. Earnings for the fiscal year ended September 30, 2009 totaled $40,684,000 or $.46 per diluted share, compared to $62,332,000 or $.71 per diluted share for the same period one year ago. Recession related credit costs and rising FDIC insurance premiums were the primary contributors to the decline in net income of $21,648,000, or 35%, for the full year. The provision for loan losses amounted to $193 million for the year ended September 30, 2009, a $132.5 million increase over the $60.5 million provided for during the prior year. Additionally, FDIC insurance premiums increased by $9.9 million.In September, the Company completed a follow-on public offering of 24,150,000 shares of common stock. The offering produced net proceeds of $333,177,000 which will be used for general corporate purposes, which may include capital to support future acquisitions. As of September 30, 2009, the Company's ratio of tangible common equity to tangible assets was 12.08%, and its total risk-based capital ratio was 21.57%. Both of these ratios are significantly above regulatory r...Click here to read the whole Article (external link)
WASHINGTON FEDERAL INC Files SEC form 10-K, Annual Report
Show all filings for WASHINGTON FEDERAL INC | Request a Trial to NEW EDGAR Online Pro Form 10-K for WASHINGTON FEDERAL INC 2-Nov-2009Annual Report Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for t...Click here to read the whole Article (external link)
Wash. Federal upgraded by Barclays Capital
Quotes for WFSL - Yahoo! Finance #screen,#masthead{text-align:center;margin:0;width:752px;} #screen.xpand,#masthead.xpand{width:100%;} #screen.xpand #yfncsubtit{width:100%;} #masthead{padding-bottom:12px;} #leftcol,#rightcol{margin:0;} #leftcol{width:155px;float:left;} #rightcol{width:585px;} #content{width:752px;} #footer {clear:both;} /*/*/ body{text-align:center;} #screen{text-align:left;min-width:700px;width:62.5em;width:expression( document.all.footer ? (document.all.footer.offsetWidth>1000) ? '980'+'px' : document.all.footer.offsetWidth :'62.5'+'em') ;margin:auto;border:1px solid #FFF;} #screen.xpand{width:100%; text-align:center} #portfolio{margin:10px auto;} #hdrads{margin:10px auto 0 auto;} #masthead,#leftcol,#rightcol{margin:0;} #masthead{width:100%;} #leftcol{float:left;width:18%;} #rightcol{float:right;width:80%;} #content{width:100%;} #footer{clear:both;text-align:center;padding:10px 0;width:60em;margin:auto;border:0px solid #FFF;} #leftNavTable,#yfncmh,#yfncmkttme,#yfncduplgnwrn,#yfncpsnlbar,#yfnctitbar,#y fncsubtit,#yfncbrobtn,#yfncsumtab, .yfnc_systitlelinea1,.yfnc_systitlelineb1,.yfnc_modtitlew1{ width:100%;} #yfncmh{width:100%;} .yfncsumdatagrid{background:#DCDCDC;width:100%;} .yfnc_modtitlew2{width:49%;} /**/ .yfncnhl{color:#666;margin-bottom:10px;} .yfncnhl .yfncnhlbl{color:#000;width:1.6em;text-align:center;} .yfncnhl .yfncnhltt{color:#000;width:50px;padding-top:2px;} .yfncnhltt { position: relative; } .yfncnhltt a { position: relative; display: block; /* opera */ width: 42px; height: 31px; } .yfncnhltt img { border: 0; } .yfncnhltt img.video_play { position: absolute; bottom: 2px; left: 2px; width: 13px; height: 14px; } #yfiunv table td, #yfiadvdec table td { width: 1%; } #yfiunv table td.name, #yfiadvdec table th.first, #yfiadvdec table td.first { width: 10%; white-space: normal; } #leftcol{display:none;} #rightcol{display:block;} ...Click here to read the whole Article (external link)
Buy Bad Banks
Here's a cynical investment thesis for those who think there's value to be found in beaten-down shares of the nation's smaller banks. Don't invest in firms with the most capital, fewest foreclosures or healthiest margins. Instead, buy stock in the banks with the most overdue loans and the biggest losses on those poorly underwritten assets. The thinking behind this contrarian view is not charitable. Banks are good at hiding their problem loans from investors. A seemingly hygienic balance sheet could harbor diseases that won't show for some time. Better to go with a troubled lender that's cheap and has probably seen the worst of it already. Astoria Financial ( AF - news - people ) has certainly had a rough go. More than $1 in $50 of its assets is "nonperforming," bankspeak for a loan that will probably not be repaid. This small Long Island savings and loan has had to nearly triple its provisions for loan losses in the past year. Washington Federal ( WFSL - news - people ), an S&L in Seattle, is faring even worse with nonperforming assets of an alarming 5.5%. Webster Financial ( ...Click here to read the whole Article (external link)
WASHINGTON FEDERAL INC Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue172,367 175,147 180,895 182,374 Cost of Revenue40,339 44,062 51,126 55,908 Gross Profit132,028 131,085 129,769 126,466 Operating ExpensesResearch Development - - - - Selling General and Administrative25,360 30,933 25,399 24,247 Non Recurring8,609 4,786 1,720 1,239 Others52,921 52,200 54,000 35,000 Total Operating Expenses - - - - Operating Income or Loss45,138 43,166 48,650 65,980 Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes45,138 43,166 48,650 65,980 Interest Expense31,527 31,486 31,560 32,619 Income Before Tax13,611 11,680 17,090 33,361 Income Tax Expense4,006 5,647 6,074 11,843 Minority Interest - - - - Net Income From Continuing Ops9,605 6,033 11,016 21,518 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - ...Click here to read the whole Article (external link)
