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WAFD INC
WaFd announced its fiscal 2026 results, reporting an after-tax net income of $241 million, or $3.21 per share, ahead of its merger with EverBank. The merger is a strategic move to balance commercial real estate and financial asset portfolios, with the transaction expected to be finalized by the end of December 2026.…more
WAFD INC
WaFd has entered into a definitive agreement to merge with EverBank Financial Corp and has filed a proxy statement to seek shareholder approval. Upon completion, EverBank shareholders will receive WaFd common stock, and the surviving entity will be renamed EverBank Financial Corp. The WaFd board of directors has unanimously recommended that shareholders vote in favor of the stock issuance proposal to facilitate the merger.…more
WAFD INC
WaFd is proceeding with its proposed merger with EverBank, targeting completion in the first quarter of 2027 pending regulatory and shareholder approvals. The merger is expected to triple WaFd's asset size and enhance technology investment efficiency, with a projected 8% dilution for existing shareholders and 29% EPS accretion.…more
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WaFd Q4 Earnings: Revenue Beats Estimates, EPS Misses
WaFd reported Q4 revenue that exceeded analyst expectations, though earnings per share fell short of estimates. Despite the top-line growth, the earnings miss reflects a mixed performance for the quarter.…more