WAFD Washington Federal Inc.

Washington Federal Bank Announces Next Phase of Management Succession

Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent Company of Washington Federal Bank, National Association “WaFd Bank” today announced the next phase of its management succession plan with the appointment of Ryan Mauer as Senior Vice President and Chief Credit Officer and James Endrizzi as Senior Vice President of Commercial Banking, effective on October 1, 2019, the start of its next fiscal year. In conjunction with these promotions, Mark Schoonover, Executive Vice President and Chief Credit Officer and Bob Peters, Executive Vice President of Commercial Banking will relinquish their responsibilities as they both assume Senior Advisor roles supporting the commercial bank. This transition period will ensure a smooth succession of leadership over the next eighteen months.

Mr. Brent Beardall, President and Chief Executive Officer commented, “I wish to thank Mark and Bob for their dedicated service to the clients and shareholders of WaFd Bank. Both have been instrumental in our steady transition into a commercial bank and have ensured that we are building on a solid foundation. We are fortunate to have two exceptional executives in Ryan Mauer and James Endrizzi that have worked their entire careers to prepare for this opportunity. We welcome them onto the management team and are confident that with their leadership we will be able to prudently grow our commercial bank.”

Mr. Mauer joined Washington Federal Bank in June 2007. Prior to joining WaFd Bank, Ryan spent 16 years with Seafirst Bank / Bank of America where he served in various roles in consumer and commercial banking. Most recently, Ryan served Washington Federal Bank as Senior Vice President and Division Manager of the Commercial & Industrial team in Seattle. Ryan currently serves on the Board of the University of Washington Consulting and Business Development Center, and previously served on the Board of the Bellevue Chamber of Commerce. Ryan holds a bachelor’s degree in Business Administration from the University of Washington and is a graduate of the Pacific Coast Banking School. Ryan and his wife and two children live on Bainbridge Island, Washington.

Mr. Endrizzi has over 25 years of experience in banking and financial services, including the last four years leading the bank’s commercial team in Utah. Prior to joining Washington Federal Bank, he worked for KeyCorp and JP Morgan Chase and has been a small business owner himself. He earned a Bachelor of Science degree in Business Management and an MBA in Finance from Western International University, both while working full time and is a graduate of Pacific Coast Banking School. He enjoys serving and volunteering in the communities where he lives. Mr. Endrizzi currently resides in Riverton, Utah with his wife and four children and will be relocating to Boise, Idaho in 2020 as a result of this new role.

Washington Federal Bank, a national bank with headquarters in Seattle, Washington, has 234 branches in eight western states. To find out more about WaFd Bank, please visit our website . WaFd Bank uses its website to distribute financial and other material information about the Company.

EN
01/10/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Washington Federal Inc.

 PRESS RELEASE

WaFd, Inc. Announces Increase in its Cash Dividend to 26 Cents Per Sha...

SEATTLE--(BUSINESS WIRE)-- Today, the Board of Directors of WaFd, Inc. (Nasdaq: WAFD) (the “Company”), announced an increase to the regular quarterly cash dividend to 26 cents per share. The dividend will be paid March 8, 2024, to common shareholders of record as of February 23, 2024. This will be the Company’s 164th consecutive quarterly cash dividend. WaFd, Inc. is the parent company of Washington Federal Bank, a federally insured Washington state chartered commercial bank dba WaFd Bank that operates branches in Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas and New Mexico. Establ...

 PRESS RELEASE

WaFd, Inc. Receives Regulatory Approval for Acquisition of Luther Burb...

SEATTLE--(BUSINESS WIRE)-- WaFd, Inc. (NASDAQ: WaFd), the parent company of Washington Federal Bank (“WaFd Bank”), and Luther Burbank Corporation (NASDAQ: LBC, “Luther Burbank”), the parent company of Luther Burbank Savings, jointly announced today that they received the required regulatory approvals from the Federal Deposit Insurance Corporation and the Washington State Department of Financial Institutions for Luther Burbank Savings to be merged with and into Washington Federal Bank, and from the Board of Governors of the Federal Reserve System for Luther Burbank to be merged with and into Wa...

 PRESS RELEASE

WaFd Announces Quarterly Earnings Per Share of $0.85

SEATTLE--(BUSINESS WIRE)-- WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank" or the "Bank"), today announced quarterly earnings of $58,453,000 for the quarter ended December 31, 2023, an increase of 16% from net earnings of $50,208,000 for the quarter ended September 30, 2023 and a decrease of 26% from net earnings of $79,509,000 for the quarter ended December 31, 2022. After the effect of dividends on preferred stock, net income available for common shareholders was $0.85 per diluted share for the quarter ended December 31, 2023, compared to $0....

 PRESS RELEASE

WaFd Announces Cash Dividend of 25 Cents Per Share

SEATTLE--(BUSINESS WIRE)-- Today, the Board of Directors of WaFd, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank (“WaFd Bank”), announced a regular quarterly cash dividend of 25 cents per share. The dividend will be paid December 8, 2023, to common shareholders of record as of November 24, 2023. This will be the Company’s 163rd consecutive quarterly cash dividend. WaFd, Inc. is the parent company of Washington Federal Bank, a federally insured Washington state chartered commercial bank dba WaFd Bank that operates branches in Washington, Oregon, Idaho, Utah, Ne...

 PRESS RELEASE

WaFd's Annual Earnings Per Share Increased 10% For 2023 Even After Net...

SEATTLE--(BUSINESS WIRE)-- WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of WaFd Bank (the "Bank"), today announced record annual earnings of $257,426,000 for the fiscal year ended September 30, 2023, an increase of $21,096,000 from earnings of $236,330,000 for the year ended September 30, 2022. After the effect of dividends on preferred stock, net income available for common shareholders was $3.72 per share for the fiscal year ended September 30, 2023, a $0.33 or 9.7% increase from $3.39 for the prior fiscal year. Return on common shareholders' equity for the fiscal year ended Sep...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch