WAFD Q1 Earnings Beat Estimates on Higher NII, Expenses Decline

Key Takeaways WAFD's Q1 EPS of $0.79 beat estimates and rose 46% year over year on higher net interest income.Net interest income rose 10.1% to $171.1M, while non-interest expenses fell 5% to $105.7M.Despite gains, credit quality weakened with higher provisions and more non-performing assets.WaFd, Inc.’s (WAFD) first-quarter fiscal 2026 (ended Dec. 31) earnings of 79 cents per share beat the Zacks Consensus Estimate of 76 cents. The bottom line also jumped 46% year over year. Results reflected higher net in ...