Washington Federal, Inc. (WAFD) Tuesday reported first-quarter profit of $35.3 million or $0.33 per share, up from $33.4 million or $0.31 per share in the same period last year.
Net-interest income declined to $95.4 million from $103.7 million last year. Other income totaled $5.0 million, up from $4.6 million last year.
Provision for loan losses were $3.6 million, compared to $11.2 million last year.
Total assets increased 5 percent to $13.1 billion, due to the acquisition of South Valley.
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