Vision 2025
Overview of WaFd Bank
Overview
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Established in 1917; IPO in 1982
Washington State Charter Commercial Bank - WA DFI, FDIC, FRB,
CFPB Regulated
WA⚫
•
Headquartered in Seattle, WA; is the second largest bank headquartered in
the Pacific Northwest
• Exited BSA Consent Order Dec 2021
Geographic Overview
MT
ND
MN
SD
OR
WY
IA
NE
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200 branches across 8 western states
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Full-service consumer & commercial bank
•
Strong capital, high asset quality, consistent results
CA
•
Portfolio mortgage lender
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Profitable every year since 1965
•
Interest rate risk management - well controlled
•
159 consecutive quarterly cash dividends
•
14,364% Total shareholder return since IPO
Total Assets
$21.7Bn
Total Loans
$17.0Bn
Company Highlights¹
Total Deposits
$16.0Bn
1 As of or for the quarter-ended 12/31/2022
WaFd Bank
NV
UT
CO
8
AZ
NM
TX
KS
MO
OK
AR
Stockholder Equity
$2.3Bn
Efficiency Ratio
46.78%
3View entire presentation