28 unchanged sentences
Performance Graphs
−Removed: The following graphs compare the cumulative total return to Washington Federal shareholders (stock price appreciation plus reinvested dividends) to the cumulative total return of the Nasdaq Stock Market Index (U.S.
−Removed: Companies) and the KBW Bank Index for the five year period ended September 30, 2022, and since Washington Federal first became a publicly traded company on November 9, 1982, respectively.
−Removed: The graphs assume that $100 was invested on September 30, 2017, and November 9, 1982, respectively, in Washington Federal Common Stock, the Nasdaq Stock Market Index and the Nasdaq Financial Stocks Index, and that all dividends were reinvested.
−Removed: Management of Washington Federal cautions that the stock price performance shown in the graphs below should not be considered indicative of potential future stock price performance.
−Removed: Selected Financial Data
−Removed: Five-Year Summary of Selected Consolidated Financial Data
−Removed: Year ended September 30, 2022 2021 2020 2019 2018
−Removed: (In thousands, except per share data)
−Removed: Interest income $ 666,359 $ 591,610 $ 621,265 $ 671,466 $ 607,083
−Removed: Interest expense 71,770 86,501 151,757 190,406 134,944
−Removed: Net interest income 594,589 505,109 469,508 481,060 472,139
−Removed: Provision (release) for credit losses 3,000 500 21,750 (1,650) (5,450)
−Removed: Other income 67,023 60,988 86,986 63,128 43,976
−Removed: Other expense 358,575 332,459 315,558 283,063 264,322
−Removed: Income before income taxes 300,037 233,138 219,186 262,775 257,243
−Removed: Income taxes 63,707 49,523 45,748 52,519 53,393
−Removed: Net income 236,330 183,615 173,438 210,256 203,850
−Removed: Dividends on preferred stock 14,625 10,034 — — —
−Removed: Net income available to common shareholders $ 221,705 $ 173,581 $ 173,438 $ 210,256 $ 203,850
−Removed: Return on average assets 1.17 % 0.95 % 1.00 % 1.28 % 1.31 %
−Removed: Return on average common equity 11.70 % 8.69 % 8.63 % 10.46 % 10.16 %
−Removed: Average equity to average assets 9.40 % 10.34 % 11.62 % 12.29 % 12.85 %
−Removed: Dividend payout ratio 28.02 % 38.08 % 38.50 % 30.27 % 27.92 %
−Removed: Per common share data
−Removed: Basic earnings $ 3.40 $ 2.39 $ 2.26 $ 2.61 $ 2.40
−Removed: Diluted earnings 3.39 2.39 2.26 2.61 2.40
−Removed: Cash dividends 0.95 0.91 0.87 0.79 0.67
−Removed: September 30, 2022 2021 2020 2019 2018
−Removed: ($ in thousands)
−Removed: Total assets $ 20,772,131 $ 19,650,574 $ 18,794,055 $ 16,474,910 $ 15,865,724
−Removed: Loans receivable, net 16,113,564 13,833,570 12,792,317 11,930,575 11,477,081
−Removed: Mortgage-backed securities 1,359,262 972,852 1,674,090 2,426,039 2,524,923
−Removed: Investment securities 1,155,074 1,531,432 1,281,240 503,183 415,454
−Removed: Cash and cash equivalents 683,965 2,090,809 1,702,977 419,158 268,650
−Removed: Customer deposit accounts 16,029,570 15,542,112 13,779,624 11,990,764 11,387,146
−Removed: FHLB advances 2,125,000 1,720,000 2,700,000 2,250,000 2,330,000
−Removed: Total shareholders’ equity 2,274,260 2,126,064 2,014,133 2,032,995 1,996,908
−Removed: Customer deposit accounts 416,963 426,145 434,686 450,375 449,339
−Removed: Loans 33,103 34,949 41,623 37,551 37,992
−Removed: Offices 207 219 238 238 235
+Added: The following graphs compare the cumulative total return to WaFd shareholders (stock price appreciation plus reinvested dividends) to the cumulative total return of the Nasdaq Stock Market Index (U.S.
+Added: Companies) and the KBW Bank Index for the five year period ended September 30, 2023, and since WaFd first became a publicly traded company on November 9, 1982, respectively.
+Added: The graphs assume that $100 was invested on September 30, 2018, and November 9, 1982, respectively, in WaFd Common Stock, the Nasdaq Stock Market Index and the Nasdaq Financial Stocks Index, and that all dividends were reinvested.
+Added: Management of WaFd cautions that the stock price performance shown in the graphs below should not be considered indicative of potential future stock price performance.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.