WaFd Posts $0.76 Q4 EPS as EverBank Merger Looms
WAFD is trading near its 52-week low of $26.31 (14% above the low).
Summary
WaFd reported fourth-quarter EPS of $0.76, down from the $0.84 it posted in Q3, while announcing fiscal 2026 earnings and a 22% increase in EPS. The quarter included net interest income of $182.4 million, a credit-loss provision of $20 million, and noninterest income of $38.1 million. The sequential decline comes as the bank works through its pending reverse merger with EverBank, a deal that will hand EverBank shareholders 59.2% of a combined $75 billion-asset bank. Management has guided to 29% EPS accretion and $135 million in cost synergies from that transaction, so the standalone quarterly print is a secondary data point against a much larger story.
At the time of this announcement, WAFD was trading at $30.00 on NASDAQ in the Finance sector, with a market capitalization of approximately $2.2B. The 52-week trading range was $26.31 to $39.49. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.