Why WaFd Bank (WAFD) Shares Are Trading Lower Today
WaFd Bank (NASDAQ: WAFD) shares fell about 3% after the bank reported Q1 results that beat Wall Street. Revenue rose to $197.4 million (+10% YoY) and adjusted EPS was $0.83 versus $0.75 expected. Net interest income and margin were also stronger, but investors focused on weaker longer-term growth and potential demand softness. Stock closed at $38.12.

