Vision 2025
Income Statement Comparison
Three Months Ended,
12/31/2022
OTHER INCOME
12/31/2021
$ Change
% Change
$
14,024
$ 18,681
$
(4,657)
-24.9%
OTHER EXPENSE
Compensation and benefits.......
Occupancy ………………
FDIC insurance...
Product delivery......
Information technology....
Other expense.........
49,070
47,425
1,645
3.5%
10,102
10,090
12
0.1%
3,675
3,100
575
18.5%
4,621
4,721
(100)
-2.1%
12,329
11,421
908
8.0%
12,481
12,856
(375)
-2.9%
92,278
89,613
2,665
3.0%
Gain (loss) on REO.....
Income before income taxes....
Income taxes..........
NET INCOME.......
...........
(112)
562
(674)
-119.9%
101,933
63,266
38,667
61.1%
22,424
12,985
9,439
72.7%
$ 79,509
$ 50,281
$ 29,228
58.1%
Dividends on preferred stock
3,656
3,656
0
Net Income available to common shareholders $ 75,853
.........
$
46,625
$ 29,228
62.7%
Efficiency Ratio of 46.78% for YTD fiscal year 2023 down from 58.64% for the same period of the prior year.
Effective tax rate year to date ended December 2022 is 22.0% compared to 21.52% from the same period ended December 2021
WaFd Bank
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