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Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.
WaFd's Net Charge Offs to Average Loans % for the quarter that ended in Mar. 2024 was 0.29% , which is higher than 0.25% for the pervious quarter ended in Dec. 2023.
WaFd's Net Charge Offs to Average Loans % for the annual that ended in Sep. 2023 was 0.26% , which is higher than -0.02% for the pervious year ended in Sep. 2022.
The historical rank and industry rank for WaFd's Net Charge Offs to Average Loans % or its related term are showing as below:
The historical data trend for WaFd's Net Charge Offs to Average Loans % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WaFd Annual Data | |||||||||||
Trend | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | ||||||
Net Charge Offs to Average Loans % | Get a 7-Day Free Trial | ||||||||||
Capital Adequacy Tier - Tier 1 Ratio % | Get a 7-Day Free Trial | ||||||||||
Capital Adequacy Tier - Leverage Ratio % | Get a 7-Day Free Trial | ||||||||||
Capital Adequacy Tier - Total Capital Ratio % | Get a 7-Day Free Trial | ||||||||||
Efficiency Overhead Ratio % | Get a 7-Day Free Trial |
WaFdQuarterly Data | |||||||||||||||||||||||||||||||||||||||||
Trend | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |||||||||||||||||||||
Net Charge Offs to Average Loans % | Get a 7-Day Free Trial | ||||||||||||||||||||||||||||||||||||||||
Capital Adequacy Tier - Tier 1 Ratio % | Get a 7-Day Free Trial | ||||||||||||||||||||||||||||||||||||||||
Capital Adequacy Tier - Leverage Ratio % | Get a 7-Day Free Trial | ||||||||||||||||||||||||||||||||||||||||
Capital Adequacy Tier - Total Capital Ratio % | Get a 7-Day Free Trial | ||||||||||||||||||||||||||||||||||||||||
Efficiency Overhead Ratio % | Get a 7-Day Free Trial |
For the Banks - Regional subindustry, WaFd's Net Charge Offs to Average Loans %, along with its competitors' market caps and Net Charge Offs to Average Loans % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Net Charge Offs to Average Loans % is calculated as
Net Charge Offs to Average Loans % | = | Net Charge-offs | / | Average Total Loans |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WaFd (NAS:WAFD) Net Charge Offs to Average Loans % Explanation
A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.
Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.
Thank you for viewing the detailed overview of WaFd's Net Charge Offs to Average Loans % provided by GuruFocus.com. Please click on the following links to see related term pages.
Randall H Talbot | director | 777 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98124-1690 |
David K Grant | director | |
Blayne Sanden | officer: SVP & PAO | 425 PIKE STREET, SEATTLE WA 98101 |
Brent J Beardall | officer: EVP & CFO | 425 PIKE STREET, SEATTLE WA 98101 |
Kim E Robison | officer: EVP & Chief Operations Officer | 425 PIKE STREET, SEATTLE WA 98101 |
Cathy E Cooper | officer: EVP & Chief Consumer Banker | 425 PIKE STREET, SEATTLE WA 98101 |
Kelli Holz | officer: EVP & CFO | PO BOX 580, BELLINGHAM WA 98227 |
Vincent L Beatty | officer: EVP & Chief Financial Officer | 425 PIKE STREET, SEATTLE WA 98101 |
Shawn Bice | director | C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107 |
Ryan Mauer | officer: EVP & Chief Credit Officer | 425 PIKE STREET, SEATTLE WA 98101 |
James Endrizzi | officer: EVP & Chief Commercial Banker | 425 PIKE STREET, SEATTLE WA 98101 |
Sean Singleton | director | 425 PIKE ST, SEATTLE WA 98101 |
Sylvia Hampel | director | 425 PIKE ST, SEATTLE WA 98101 |
Sudhir Steven Singh | director | 6222 185TH AVE, REDMOND WA 98052 |
Linda S Brower | director |
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