Wafd Inc Income Statement

Income Statement Sep2009 Sep2010 Sep2011 Sep2012 Sep2013 Sep2014 Sep2015 Sep2016 Sep2017 Sep2018 Sep2019 Sep2020 Sep2021 Sep2022 Sep2023 Sep2024 Sep2025
Revenue & Cost
Provisions 193.00M179.91M93.10M44.95M1.35M-15.40M-11.16M-6.25M-2.10M-5.45M-1.65M21.75M0.50M3.00M41.50M17.50M7.75M
Revenue -280.76M-148.66M-101.16M413.54M402.06M436.28M453.90M467.29M484.14M25.90M24.88M23.69M24.69M25.94M26.05M27.51M29.65M
Interest income
Interest income - Loans 579.24M561.07M522.23M484.83M454.92M430.85M437.00M454.08M470.52M515.81M568.10M545.71M537.66M601.59M900.07M1,165.85M1,119.94M
Interest income - Investments 10.19M13.97M20.86M33.77M35.87M30.73M18.73M
Interest Income - Debt Securities 109.49M91.78M108.21M96.14M48.52M80.26M71.39M62.95M60.61M70.41M74.48M49.31M41.13M45.89M47.48M65.93M103.07M
Interest Income - Deposits 21.74M22.64M25.90M24.88M
Interest Income - Total 18.86M0.01M100.60M590.27M516.29M533.70M530.55M536.79M548.92M607.08M671.47M621.26M591.61M666.36M1,042.95M1,371.71M1,339.45M
Interest expenses
Interest Expense - Deposits 192.13M147.09M116.62M87.55M68.45M59.08M51.60M52.94M52.55M73.25M123.11M100.85M42.51M43.31M238.85M533.52M605.94M
Interest Expense - Debt 127.19M122.74M111.86M106.31M68.26M69.55M66.02M64.06M64.97M62.45M68.19M51.45M44.19M28.73M115.49M178.44M80.51M
Interest Expense - Fed Funds 31.06M29.87M29.87M25.69M
Interest Expense - Others 1.33M0.02M
Interest Expenses 318.63M269.10M227.70M193.25M136.16M128.08M117.07M116.54M116.99M134.94M190.41M151.76M86.50M71.77M352.72M710.88M685.21M
Interest Income - Net 691.77M663.56M644.63M397.02M380.13M405.62M413.48M420.25M431.93M472.14M481.06M469.51M505.11M594.59M690.23M660.83M654.24M
Non-interest income
Interest Income - Total 180.15M214.55M323.83M352.07M378.78M421.02M424.64M426.50M434.03M477.59M482.71M447.76M504.61M591.59M648.73M643.33M646.49M
Service Charges 3.04M5.01M14.31M22.46M21.74M22.64M
Investment Gain (Loss) 1.06M22.41M8.15M95.23M9.64M3.50M-0.01M15.03M0.01M0.10M0.03M0.34M0.02M
Mortgage Banking 7.22M8.59M7.71M8.79M5.55M4.29M3.80M3.94M7.29M6.90M7.17M3.88M2.75M6.89M
Other Non-Interest Income 19.01M20.56M20.58M16.09M12.21M11.01M10.09M19.75M21.78M22.92M33.50M54.76M28.64M33.16M23.10M29.86M34.53M
Non-Interest Income 19.01M120.43M25.93M16.52M21.93M30.66M40.42M47.04M52.22M44.08M62.32M86.96M60.56M66.37M52.20M60.69M71.25M
Operating Items
Amortization - Intangibles 3.33M2.14M1.45M1.51M1.79M
Research & Development 9.38M11.00M14.30M15.98M30.98M28.86M34.64M38.95M52.90M42.74M47.20M49.45M53.31M60.10M
Wages, Salaries and Other 57.10M69.88M72.03M77.63M90.81M109.73M119.94M112.88M112.26M123.55M133.59M147.60M176.11M193.92M196.53M234.15M222.15M
Rent Expense 13.05M13.93M14.48M20.26M23.60M30.45M33.96M33.57M35.26M36.45M38.58M39.57M39.61M42.50M41.58M42.04M44.94M
Other Operating Expenses 94.01M117.55M121.58M113.22M129.64M159.25M174.92M170.90M167.40M193.23M205.53M223.09M250.11M268.87M285.01M352.93M322.43M
Operating Expenses 107.06M131.48M136.06M142.85M164.24M204.01M224.85M235.45M231.52M264.32M283.06M315.56M332.46M358.57M376.04M448.27M427.46M
EBIT 394.37M392.13M401.36M409.16M370.77M373.00M366.59M364.68M373.21M392.19M453.18M370.94M319.64M371.81M677.80M966.93M974.86M
Non-operating items
Interest & Investment Income 373.15M394.46M416.94M9.30M12.86M22.59M22.16M19.76M17.78M20.87M28.89M26.25M29.24M38.44M99.70M146.08M116.44M
Other Non Operating Income -13.81M-13.79M
Net income details
EBT 75.74M123.03M173.66M215.91M234.62M244.93M249.52M248.13M256.22M257.24M262.77M219.19M233.14M300.04M325.08M256.06M289.64M
Tax Provisions 56.08M-19.89M88.37M77.73M83.11M87.56M89.20M84.08M92.80M53.39M52.52M45.75M49.52M63.71M67.65M56.02M63.57M
Profit After Tax 48.17M118.65M111.14M138.18M151.50M157.36M160.32M164.05M173.53M203.85M210.26M173.44M183.62M236.33M257.43M200.04M226.07M
Income from Continuing Operations 19.67M142.91M85.29M138.18M151.50M157.36M160.32M164.05M163.42M203.85M210.26M173.44M183.62M236.33M257.43M200.04M226.07M
Consolidated Net Income 19.67M142.91M85.29M138.18M151.50M157.36M160.32M164.05M163.42M203.85M210.26M173.44M183.62M236.33M257.43M200.04M226.07M
Income towards Parent Company 19.67M142.91M85.29M138.18M151.50M157.36M160.32M164.05M163.42M203.85M210.26M173.44M183.62M236.33M257.43M200.04M226.07M
Preferred Dividend Payments 7.49M10.03M14.62M14.62M14.62M14.62M
Net Income towards Common Stockholders 40.68M118.65M111.14M138.18M151.50M157.36M160.32M164.05M163.42M203.85M210.26M173.44M173.58M221.71M242.80M185.42M211.44M
Additional items
EPS (Basic) 0.461.061.001.291.451.561.681.791.952.402.612.262.393.403.722.502.64
EPS (Weighted Average and Diluted) 0.461.051.001.291.451.551.671.781.942.402.612.262.393.393.722.502.63
Shares Outstanding (Weighted Average) 83.54M79.40M75.71M67.95M65.32M64.73M81.22M78.79M
Shares Outstanding (Diluted Average) 85.11M80.50M76.73M72.57M65.40M65.26M74.29M80.26M
Tax Rate 74.03%50.89%36.00%35.42%35.75%35.75%33.89%36.22%20.76%19.99%20.87%21.24%21.23%20.81%21.88%21.95%