Financial Growth and Stability
Income Statement Comparison
OTHER INCOME
Fiscal YTD
3/31/2022
3/31/2021
$ Change
$
34,340
$
28,347
$
5,993
% Change
21.1%
OTHER EXPENSE
Compensation and benefits...
Occupancy.......
FDIC insurance.......
Product delivery..
Information technology..
Other expense.....
94,540
86,355
8,185
9.5%
21,878
20,065
1,813
9.0%
5,200
7,018
(1,818)
-25.9%
9,765
9,338
427
4.6%
23,143
22,527
616
2.7%
23,504
17,853
5,651
31.7%
178,030
163,156
14,874
9.1%
Gain (loss) on REO.
Income before income taxes....
691
(415)
1,106
-266.5%
126,225
106,324
19,901
18.7%
Income taxes..
26,585
22,502
4,083
18.1%
NET INCOME..
$ 99,640
$
83,822
$
15,818
18.9%
Dividends on preferred stock...........
7,312
2,722
4,590
Net Income available to common shareholders...
$
92,328
$
81,100
$
11,228
13.8%
Efficiency Ratio of 58.65% for YTD fiscal year 2022 down from 59.79% for the same period of prior year.
Effective tax rate year to date ended March 2022 is 21.06% compared to 21.16% from the same period ended March 2021
WaFd Bank
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