WAFD WaFd, Inc. Common Stock Loading... : Bullish and Bearish Analyst Opinions
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Top Calls
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20:28
Sep 08
Sep 08
WaFd-EverBank merger is compelling and accretive
The WaFd-EverBank reverse merger is compelling because the two banks are complementary, the combined company reaches $75 billion in assets, and management expects EPS to increase 29% in the first full year after synergies. The deal also lets WaFd reprice low-rate mortgages made two to three years ago to market yields, cut combined expenses by about 11%, and move toward a 15% return on tangible common equity.
HIGH
01:03
Sep 08
Sep 08
EverBank-WaFd merger creates $75B bank
Reports EverBank merging with WaFd to create $75B bank; M&A event materially changes combined company scale.
MED
20:03
Mar 11
Mar 11
"You look at our stock for example, we're sitting here trading literally a tangible book value... the biggest opportunity we have is to buy our shares back and increase the slice of the pie for our existing shareholders." When a bank trades at or below tangible book value (TBV) and management actively repurchases shares, the buybacks are highly accretive to the remaining shareholders. By pulling back on risky loan growth and focusing on buybacks, the bank establishes a valuation floor and structurally increases its book value per share. LONG WAFD as a value play with a management team demonstrating disciplined capital allocation and downside protection. A severe macroeconomic recession could cause unexpected loan losses, driving tangible book value down and negating the benefits of the buybacks.
About WAFD Analyst Coverage
Buzzberg tracks WAFD (WaFd, Inc. Common Stock) across 2 sources. 2 bullish vs 0 bearish calls from 2 analysts. Sentiment: predominantly bullish (67%). 3 total trade ideas tracked. Past 7 days: 1 bullish, 1 watch. Latest voices: Brant Beardall, BarbarianCap.