This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

6 Banks Actually Growing Their Banking Business

5. Washington Federal

Shares of Washington Federal (WAFD - Get Report) of Seattle closed at $17.17 Tuesday, returning 23% year-to-date, following a 16% decline last year.

Based on an 8-cent quarter payout, the shares have dividend yield of 1.86%.

For its fiscal second quarter ended March 31, Washington Federal reported net interest income of $104.6 million, increasing 1% from the previous quarter and 3% year-over-year. The net interest margin for the fiscal second quarter was 3.29%, according to HighlineFI, increasing from 3.23% the previous quarter and 3.21% a year earlier.

Fiscal second-quarter net income was $34.1 million, or 32 cents a share, increasing from $33.4 million the previous quarter, and $25.8 million, or 23 cents a share, a year earlier. The year-over-year earnings improvement reflected a decline in the provision for loan losses to $18 million in the fiscal second quarter, from $30.8 million, in year-earlier period.

The fiscal second-quarter ROA was 1.00%, while the ROE was 7.12%.

The shares trade for 1.1 times tangible book value, according to HighlineFI, and for 11 times the consensus 2013 EPS estimate of $1.54. The consensus 2012 EPS estimate is $1.32.

Interested in more on Washington Federal? See TheStreet Ratings' report card for this stock.
3 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
COF $68.82 -0.43%
DFS $55.06 0.42%
CVBF $16.32 -0.43%
TCB $13.03 -0.08%
WAFD $24.11 0.67%


Chart of I:DJI
DOW 17,649.96 -10.75 -0.06%
S&P 500 2,042.68 -7.95 -0.39%
NASDAQ 4,692.03 -25.0640 -0.53%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs