Financial Growth and Stability
Balanced Interest Rate Risk
Interest Rate Risk is well managed and skewed toward the upside in the current environment given asset sensitivity
Change in NPV (%)
Net Interest Margin Sensitivity vs. Base Case
-50%
-40%
-30%
-20%
-10%
0%
0.50%
0.45%
0.40%
0.35%
0.30%
0.25%
0.20%
0.15%
0.10%
10%
Base
Up 100
Up 200
0.05%
Up 300
Up 400
0.00%
Year 1
Year 2
Year 3
FY 2017
FY 2018
FY 2019
■FY 2020
FY 2021
IRR measures as of March 31, 2022:
•
Net Interest Income (NII) would increase by 6% in +200 bps immediate and parallel shock
Net Portfolio Value after +200bps shock is 25% lower ($692mm) and at $2.08 billion would be 11% of total assets
Scenarios assume no management actions taken. Flattening/inverted rates with short term up more than long term would result in a larger negative affect.
WaFd Bank
21
Up500
-Up400
-Up300
-Up200
-Up100View entire presentation