← WAFD INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $164.0m |
$173.5m
+5.78%
|
$203.8m
+17.47%
|
$210.3m
+3.14%
|
$173.4m
-17.51%
|
$183.6m
+5.87%
|
$236.3m
+28.71%
|
$257.4m
+8.93%
|
$200.0m
-22.29%
|
$226.1m
+13.01%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | $173.6m |
$221.7m
+27.72%
|
$242.8m
+9.52%
|
$185.4m
-23.63%
|
$211.4m
+14.04%
|
— | |
| Depreciation, Amortization and Accretion, Net | — | — | $46.7m | $31.1m | $39.9m | $33.9m | $64.0m | $23.0m | $134.1m | $9.7m | $11.8m | |
| Amortization of Intangible Assets | — | — | $2.2m | $2.0m | $2.2m | $1.4m | $1.0m | $980k | $7.7m | $9.9m | — | |
| Deferred Income Tax Expense (Benefit) | $23.3m | ($10.1m) | $8.8m | $1.6m | ($9.3m) | ($9.9m) | $6.3m | $4.6m | ($6.6m) | $11.1m | — | |
| Share-based Payment Arrangement, Noncash Expense | — | $5.9m | $4.8m | $5.3m | $6.5m | $6.4m | $6.8m | $7.9m | $9.2m | $8.5m | $9.9m | |
| Share-based Payment Arrangement, Expense | $89k | $0 | $0 | $521k | $1.3m | $1.7m | $1.3m | $1.9m | $1.6m | $1.1m | $9.9m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | — | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | $2.8m | ($4.0m) | ($5.7m) | ($1.6m) | ($4.9m) | $3.2m | ($13.2m) | $41.5m | $17.5m | $7.8m | — | |
| Increase (Decrease) in Other Operating Assets | $14.2m | ($8.0m) | $6.9m | $17.4m | $146.9m | ($155.6m) | $100.1m | $67.3m | ($148.0m) | $27.9m | — | |
| Net Cash Provided by (Used in) Operating Activities | $221.7m |
$179.7m
-18.95%
|
$190.7m
+6.12%
|
$234.1m
+22.73%
|
$166.6m
-28.82%
|
$314.5m
+88.75%
|
$268.5m
-14.63%
|
$214.0m
-20.30%
|
$439.2m
+105.29%
|
$237.0m
-46.05%
|
$267.5m
+12.90%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $3.6m | $1.7m | $1.4m | $12.5m | $32.0m | $593k | ($655k) | $1.2m | $2.6m | $419k | ($7.5m) | |
| Payments to Acquire Property, Plant, and Equipment | $37.9m | $15.5m | $27.1m | $35.5m | $31.9m | $29.5m | $11.8m | $15.1m | $24.7m | $28.7m | ($40.5m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $537.3m | $367.7m | $199.0m | $224.1m | $493.4m | $646.5m | $510.2m | $420.2m | $386.6m | $561.8m | — | |
| Gain (Loss) on Sale of Investments | $0 | $3.5m | $0 | ($9k) | $15.0m | $14k | $99k | $33k | $342k | $20k | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $3.4m | $2.2m | $0 | $2.8m | $1.5m | $0 | $2.6m | ($623.6m) | $360k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($131.1m) | ($544.5m) | ($674.4m) | ($421.4m) | ($921.0m) | ($579.7m) | ($2.5b) | ($1.4b) | $3.3b | ($318.4m) | ($1.0b) | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | $0 | ($3.5m) | $0 | ($9k) | $15.0m | $14k | $99k | $33k | $342k | $20k | — | |
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | — | — | ($13.8m) | ($13.8m) | $0 | $0 | — | — | — | |
| Proceeds from Issuance of Long-term Debt | $1.1b | $4.6b | $13.2b | $13.3b | $10.9b | $7.4b | $7.3b | $17.2b | — | $11.0b | $15.3b | |
| Payments for Repurchase of Common Stock | $87.8m | $98.4m | $164.2m | $123.9m | $112.1m | $348.7m | $3.3m | $30.5m | $27.1m | $101.9m | — | |
| Payments of Ordinary Dividends, Common Stock | $49.9m | $74.5m | $56.0m | $63.3m | $66.5m | $65.9m | $61.6m | $63.8m | $74.3m | $84.6m | ($95.7m) | |
| Dividends Payable | — | — | — | — | — | $3.7m | $3.7m | $3.7m | $3.7m | $3.7m | — | |
| Net Cash Provided by (Used in) Financing Activities | $75.7m |
$227.5m
+200.73%
|
$439.3m
+93.08%
|
$337.8m
-23.10%
|
$2.0b
+503.33%
|
$653.1m
-67.96%
|
$817.9m
+25.22%
|
$1.5b
+78.59%
|
($2.3b)
-259.24%
|
($1.6b)
+29.39%
|
$603.2m
+136.73%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $166.3m | ($137.3m) | ($44.4m) | $150.5m | $1.3b | $387.8m | ($1.4b) | $296.7m | $1.4b | ($1.7b) | $676.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $419.2m | $1.7b | $2.1b | $684.0m | $980.6m | $2.4b | $657.3m | $676.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | ($6.4m) | ($4.7m) | — | — | — | — | — | — | — | — | $21.5m | |
| Bank Owned Life Insurance Income | $5.6m | $6.5m | $6.0m | $5.8m | $5.7m | $5.5m | $5.5m | $6.0m | $6.9m | $7.5m | — | |
| Proceeds from Stock Options Exercised | $9.3m | $7.2m | $1.3m | $298k | $144k | $339k | $1.8m | $1.1m | $5.2m | $3.9m | — | |
| Parent Company | $49.9m | $74.5m | $56.0m | $63.3m | $66.5m | $65.9m | $61.6m | $63.8m | $74.3m | $84.6m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $133.7m | $194.3m | $146.7m | $71.8m | $65.2m | $364.4m | $739.1m | $746.9m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | $20.3m | $41.6m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | $0 | $0 | $0 | $0 | $0 | — | — | — | — | |
| Goodwill | $291.5m | $293.2m | $301.4m | $301.4m | $302.7m | $303.5m | $303.5m | $304.8m | $411.4m | $414.7m | $954k | |
| Income Tax Expense (Benefit) | $84.1m | $82.7m | $53.4m | $52.5m | $45.7m | $49.5m | $63.7m | $67.7m | $56.0m | $63.6m | — | |
| Operating Lease, Expense | — | — | — | — | — | $7.8m | $8.2m | $7.7m | $11.0m | $12.9m | — | |
| Payments for Repurchase of Warrants | $7.7m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $21.8m | $500k | $3.0m | — | — | — | — | |
| Stock or Unit Option Plan Expense | $90k | — | — | — | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.