WaFd reported net income of $241.2 million for the fiscal year ended September 30, 2026, its second-highest annual result. In the fourth quarter it sold $543 million of single-family loans and reclassified $429 million of multifamily loans as held for sale, with non-interest income of $38.1 million including a $16.4 million gain on the single-family sale. Net interest margin was 2.81% and the CET1 ratio stood at 11.4%, while deposits rose $389 million. Non-performing assets fell to $86 million, or 0.32% of total assets. Management expects the EverBank merger to close in the first calendar quarter of 2027, pending regulatory and shareholder approvals.
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- WaFd ( WAFD ) Q4 2026 Earnings Call Transcript
WaFd (WAFD) reported net income of $241.2 million for the fiscal year ended September 30, 2026, its second-highest annual result, and Q4 EPS of $0.76 versus $0.72 a year earlier. In the quarter, the company sold $543 million of single-family residential loans and reclassified $429 million of multifamily loans as held for sale, replacing lower-yielding assets with higher-yielding originations, and expects a net gain of about $7 million on the multifamily sale in the first quarter of fiscal 2027. Q4 merger expenses of $6.2 million related to the pending acquisition of EverBank, which is targeted to close in the first calendar quarter of 2027. Net interest margin held at 2.81%, and non-performing assets fell to $86 million (0.32% of total assets) from $136 million. Management flagged risks from inflation, energy supply shocks tied to the Middle East war, tariffs, and a highly competitive deposit market.
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- Independent Bank ( INDB ) Q3 2026 Earnings Call Transcript
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- Cohen & Steers ( CNS ) Q3 2026 Earnings Call Transcript
Cohen & Steers (CNS) reported adjusted EPS of $0.89, up from $0.85 in the prior quarter, with revenue of $156 million and an adjusted operating margin of 37.2%. Assets under management fell to $95.9 billion from $100 billion due to negative market movement, yet net inflows reached $1.6 billion, the fifth straight quarter of organic growth and the strongest since Q4 2021. The institutional pipeline rose to $1.9 billion from $1.6 billion, and active ETF assets grew 22% to $1.3 billion. Institutional outflows of about $400 million were notified, reflecting one client exiting an asset class and another undergoing an acquisition. Management highlighted growing demand for real assets as inflation protection and diversification amid rising interest rates.
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