Washington Federal Completes Fiscal Year with Record Earnings
October 14, 2013
SEATTLE, WASHINGTON – Washington Federal, Inc. (Nasdaq: WAFD), parent company of Washington Federal, today announced earnings of $42,907,000 or $.41 per diluted share for the quarter ended September 30, 2013, compared to $35,531,000 or $.33 per diluted share for the same period one year ago, a 24.2% increase in earnings per share. For the fiscal year ended September 30, 2013, earnings were a record high of $151,505,000 or $1.45 per diluted share, compared to $138,183,000 or $1.29 per diluted share for the fiscal year ended September 30, 2012, a 12.4% increase in earnings per share. The Company’s ratio of tangible common equity to tangible assets ended the quarter at 13.05% and remains among the strongest of publicly traded banks in the United States.