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Washington Federal posts fiscal Q4 net income of $51.5M

Seattle-based Washington Federal Inc. posted fiscal fourth-quarter net income of $51.5 million, or 62 cents per share, compared to net income of $46.1 million, or 52 cents per share, a year earlier.

The S&P Capital IQ consensus estimate for GAAP EPS for the fiscal fourth quarter was 62 cents.

Total assets were $15.9 billion as of Sept. 30, an increase of $612 million or 4.0% from Sept. 30, 2017.

Customer deposits were $11.4 billion as of Sept. 30, up by $552 million or 5.1% since Sept. 30, 2017.

For the fiscal year ended Sept. 30, the company reported net income of $203.9 million, or $2.40 per share, compared to net income of $173.5 million, or $1.94 per share, in the previous year.