WAFD INC
For the period ended Sep 30, 2024. Filed Nov 20, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Nov 20, 2024
WAFD$29.44-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition
| September 30, 2024 | September 30, 2023 | |
|---|---|---|
| (In thousands, except share data) | ||
| ASSETS | ||
| Cash and cash equivalents | $2,381,102 | $980,649 |
| Available-for-sale securities, at fair value | 2,572,709 | 1,995,097 |
| Held-to-maturity securities, at amortized cost | 436,972 | 423,586 |
| Loans receivable, net of allowance for loan losses of $203,753 and $177,207 | 20,916,354 | 17,476,550 |
| Interest receivable | 102,827 | 87,003 |
| Premises and equipment, net | 247,901 | 237,011 |
| Real estate owned | 4,567 | 4,149 |
| FHLB stock | 95,617 | 126,820 |
| Bank owned life insurance | 267,633 | 242,919 |
| Intangible assets, including goodwill of $411,360 and $304,750 | 448,425 | 310,619 |
| Federal and state income tax assets, net | 119,248 | 8,479 |
| Other assets | 466,975 | 581,793 |
| $28,060,330 | $22,474,675 | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Liabilities | ||
| Customer accounts | ||
| Transaction deposit accounts | $11,817,185 | $10,765,313 |
| Time deposit accounts | 9,556,785 | 5,305,016 |
| 21,373,970 | 16,070,329 | |
| Borrowings | 3,267,589 | 3,650,000 |
| Junior subordinated debentures | 50,718 | — |
| Advance payments by borrowers for taxes and insurance | 61,330 | 52,550 |
| Accrued expenses and other liabilities | 306,423 | 275,370 |
| 25,060,030 | 20,048,249 | |
| Commitments and contingencies (see Note N) | ||
| Shareholders’ equity | ||
| Preferred stock, $1.00 par value, 5,000,000 shares authorized; 300,000 and 300,000 shares issued; 300,000 and 300,000 shares outstanding | 300,000 | 300,000 |
| Common stock, $1.00 par value, 300,000,000 shares authorized; 154,007,429 and 136,466,579 shares issued; 81,220,269 and 64,736,916 shares outstanding | 154,007 | 136,467 |
| Additional paid-in capital | 2,150,675 | 1,687,634 |
| Accumulated other comprehensive income, net of taxes | 55,851 | 46,921 |
| Treasury stock, at cost; 72,787,160 and 71,729,663 shares | (1,639,131) | (1,612,345) |
| Retained earnings | 1,978,898 | 1,867,749 |
| 3,000,300 | 2,426,426 | |
| $28,060,330 | $22,474,675 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.