Financial Growth and Stability
Non-Interest Expense
Non-Interest Expense Over Time ($MM)
$350,000
$300,000
52 1%
50.8%
50.4%
49.5%
47.8%
$250,000
46.9%
41.0%
$200,000
$150,000
$100,000
$50,000
58.8%
70.0%
59.0%
60.0%
50.0%
40.0%
30.0%
20.0%
10.0%
Other Expense includes:
FDIC Premiums
Product Delivery
Information Technology
Miscellaneous 'Other' line-item expenses include professional
services, marketing and administrative costs.
Breakout of Other Expense
$47.5
$41.1
$0
0.0%
$41.7
$34.6
FY13 FY14 FY15 FY16 FY17 FY18 FY19
FY20 FY21
$29.1
$29.8
$52.9
$42.7
Other expense
Occupancy
Compensation
Efficiency Ratio
$34.6
$38.9
$31.0
$28.9
WaFd Bank
$18.5
$17.0
$16.4
$14.0
$15.9
$17.0
$14.4
$11.8
$11.4
$11.6
$9.8
$10.9
FY 2016
FY 2017
FY 2018
FY 2019
FY 2020
FY 2021
FDIC Premiums
Product Delivery
Information Technology
Other Expense
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