Speed Matters - Website Is the New Storefront
Income Statement Comparison
OTHER INCOME
Fiscal YTD
9/30/2022
9/30/2022
$ Change
% Change
$
66,372
$ 60,561
$
5,811
9.6%
OTHER EXPENSE
Compensation and benefits.
Occupancy......
FDIC insurance...
Product delivery..
Information technology....
Other expense........
193,917
176,106
17,811
10.1%
42,499
39,610
2,889
7.3%
9,531
14,368
(4,837)
-33.7%
19,536
18,505
1,031
5.6%
47,202
42,737
4,465
10.4%
45,890
41,133
4,757
11.6%
358,575
332,459
26,116
7.9%
Gain (loss) on REO..
Income before income taxes.
651
427
224
52.5%
300,037
233,138
66,899
28.7%
Income taxes.
63,707
49,523
14,184
28.6%
NET INCOME......
$
Dividends on preferred stock..........
236,330
14,625
$
183,615
$
52,715
28.7%
10,034
4,591
Net Income available to common shareholders.....
$
221,705
$
173,581
$
48,124
27.7%
Efficiency Ratio of 54.25% for YTD fiscal year 2022 down from 58.77% for the same period of prior year.
Effective tax rate year to date ended September 2022 is 21.23% compared to 21.24% from the same period ended September 2021
WaFd Bank
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