Washington Federal Inc. (WFSL, Financial) filed Quarterly Report for the period ended 2011-12-31.
Washington Federal Inc. has a market cap of $1.74 billion; its shares were traded at around $16.13 with a P/E ratio of 14.8 and P/S ratio of 2.6. The dividend yield of Washington Federal Inc. stocks is 2%.
The following table sets forth certain information explaining changes in interest income and interest expense for the periods indicated compared to the same periods one year ago. For each category of interest-earning asset and interest-bearing liability, information is provided on changes attributable to (1) changes in volume (changes in volume multiplied by old rate) and (2) changes in rate (changes in rate multiplied by old volume). The change in interest income and interest expense attributable to changes in both volume and rate has been allocated proportionately to the change due to volume and the change due to rate.
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Washington Federal Inc. has a market cap of $1.74 billion; its shares were traded at around $16.13 with a P/E ratio of 14.8 and P/S ratio of 2.6. The dividend yield of Washington Federal Inc. stocks is 2%.
Highlight of Business Operations:
Available-for-sale and held-to-maturity securities: Available-for-sale securities increased $292,932,000, or 9.0%, during the three months ended December 31, 2011, which included the purchase of $581,337,000 of available-for-sale securities. There were $3,500,000 of available-for-sale securities sold during the quarter ended December 31, 2011, resulting in no gain or loss. During the same period, there were no purchases or sales of held-to-maturity securities. As of December 31, 2011, the Company had net unrealized gains on available-for-sale securities of $84,196,000, net of tax, which were recorded as part of stockholders equity. The Company increased its available-for-sale investment portfolio to partially replace some of the lost interest income on maturing and prepaying loans and mortgage-backed securities.The following table sets forth certain information explaining changes in interest income and interest expense for the periods indicated compared to the same periods one year ago. For each category of interest-earning asset and interest-bearing liability, information is provided on changes attributable to (1) changes in volume (changes in volume multiplied by old rate) and (2) changes in rate (changes in rate multiplied by old volume). The change in interest income and interest expense attributable to changes in both volume and rate has been allocated proportionately to the change due to volume and the change due to rate.
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