Washington Federal Reports Quarterly Net Income Increase of 16.7% to $35.2 Million
July 12, 2012
SEATTLE – Washington Federal, Inc. (Nasdaq: WAFD), parent company of Washington Federal, today announced earnings of $35,163,000 or $.33 per diluted share for the quarter ended June 30, 2012, compared to $30,121,000 or $.27 per diluted share for the same period one year ago, a 16.7% increase. For the nine months ended June 30, 2012, earnings were $102,651,000 or $.96 per diluted share, compared to $80,475,000 or $.72 per diluted share for the nine months ended June 30, 2011, a 27.6% increase. The Company’s ratio of tangible common equity to tangible assets was 12.69% at quarter end and continues to be among the best of large regional financial institutions in the U.S.