Washington Federal traded at $39.33 this Thursday July 16th, increasing $0.94 or 2.45 percent since the previous trading session. Looking back, over the last four weeks, Washington Federal gained 8.62 percent. Over the last 12 months, its price rose by 32.25 percent. Looking ahead, we forecast Washington Federal to be priced at 37.30 by the end of this quarter and at 35.01 in one year, according to Trading Economics global macro models projections and analysts expectations.
Washington Federal, Inc. is a bank holding company. The Company conducts its operations through a federally insured national bank subsidiary, Washington Federal, National Association (the Bank). The business of the Bank consists primarily of accepting deposits from the general public and investing these funds in loans of various types, including first lien mortgages on single-family dwellings, construction loans, land acquisition and development loans, loans on multi-family, commercial real estate and other income producing properties, home equity loans and business loans. Washington Federal Bank has approximately 224 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico and Texas. Through the Bank's subsidiaries, the Company is also engaged in insurance brokerage activities. The Bank offers various consumer checking account products, both interest bearing and non-interest bearing, and business checking accounts.