SEATTLE (AP) — SEATTLE (AP) — WaFd, Inc (WAFD) on Tuesday reported fiscal first-quarter profit of $58.5 million.
The Seattle-based bank said it had earnings of 85 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.
The holding company for Washington Federal Savings Bank posted revenue of $301 million in the period. Its revenue net of interest expense was $166.4 million, which did not meet Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WAFD at https://www.zacks.com/ap/WAFD
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