WAFD's Q2 Earnings Beat Estimates on Higher NII & Fee Income

WaFd, Inc.’s (WAFD) second-quarter fiscal 2025 (ended March 31) adjusted earnings of 65 cents per share outpaced the Zacks Consensus Estimate of 60 cents. Also, the bottom line increased significantly year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.Results were primarily aided by a rise in net interest income (NII) and non-interest income. Lower non-interest expenses and provision for credit losses also supported WAFD’s performance. However, the decline in loan balance act ...