Skip to main content
Advertising

Originally published April 16, 2013 at 6:48 AM | Page modified April 17, 2013 at 6:44 AM

  • Share:
           
  • Comments (0)
  • Print

WashFed posts higher profit but sounds cautious note

Washington Federal said its first-quarter earnings rose 5.6 percent to $36.0 million or 34 cents per share.

By Seattle Times staff

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

Washington Federal said Tuesday that its first-quarter earnings rose 5.6 percent to $36.0 million or 34 cents per share.

Chairman Roy Whitehead said loan quality has improved thanks to stronger housing and economic conditions, but “consumers and businesses remain cautious.”

The Seattle-based banking company, which operates in eight Western states, expects earnings will be “under pressure until loan demand improves or higher interest rates enable us to be more competitive with government mortgage sources,” Whitehead said in a statement.

News where, when and how you want it

Email Icon

The Seattle Times Historical Archives

Browse our newspaper page archives from 1900-1984


Advertising
The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►