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Washington Federal: Fiscal 1Q Earnings Snapshot

·1 min read

SEATTLE (AP) _ Washington Federal Inc. (WAFD) on Thursday reported fiscal first-quarter profit of $39 million.

The Seattle-based bank said it had earnings of 51 cents per share.

The holding company for Washington Federal Savings Bank posted revenue of $161.7 million in the period. Its revenue net of interest expense was $134.4 million, beating Street forecasts.

Washington Federal shares have increased 10% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $28.41, a drop of 21% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WAFD at https://www.zacks.com/ap/WAFD