Washington Federal

Washington Federal believes that banking is more than a series of financial transactions. It is a commitment to building relationships with clients, shareholders and the community at large.
Each and every transaction holds a deeper meaning -- an opportunity to own a home, a deposit toward a future goal, an investment in a thriving business. We believe a good bank understands this and provides a secure financial foundation that helps our clients accomplish their goals so that all can benefit.
That kind of business model takes a long-term perspective and a commitment to the communities we serve. It means we are truly "invested here."

Company Growth (employees)
Type
Public
HQ
Seattle, US
Founded
1917
Size (employees)
1,779 (est)
Washington Federal was founded in 1917 and is headquartered in Seattle, US

Washington Federal Office Locations

Washington Federal has an office in Seattle
Seattle, US (HQ)
100 425 Pike St

Washington Federal Data and Metrics

Washington Federal Financial Metrics

Washington Federal's revenue was reported to be $536.8 m in FY, 2016
USD

Net income (Q2, 2017)

83.3 m

EBIT (Q2, 2017)

107.7 m

Market capitalization (15-Aug-2017)

2.9 b

Cash (31-Mar-2017)

266.4 m
Washington Federal's current market capitalization is $2.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

536.8 m

Sales and marketing expense

90.8 m109.7 m119.9 m112.9 m

R&D expense

14.3 m16 m31 m

Operating expense total

90.8 m124 m135.9 m143.9 m

EBIT

378.8 m421 m424.6 m420.2 m

EBIT margin, %

78%

Interest expense

136.2 m128.1 m117.1 m116.5 m

Interest income

516.3 m533.7 m530.6 m

Pre tax profit

234.6 m244.9 m249.5 m248.1 m

Income tax expense

83.1 m87.6 m89.2 m84.1 m

Net Income

151.5 m157.4 m160.3 m164 m
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Sales and marketing expense

28.9 m29.2 m30.5 m29.8 m29.7 m29.2 m27.3 m27 m28.8 m

R&D expense

3.5 m4 m3.9 m3.8 m8.7 m7.5 m7.7 m6.5 m6.7 m

Operating expense total

32.5 m33.2 m34.4 m33.6 m38.4 m36.6 m35 m33.4 m35.5 m

EBIT

103.3 m102.2 m103.9 m100.6 m106.9 m106.3 m104.2 m103.2 m107.7 m

Interest expense

31.7 m31.1 m28.8 m28.7 m28.3 m28.7 m29.5 m29.6 m28.5 m

Interest income

133.3 m132.6 m129.3 m135.1 m135.1 m133.7 m132.8 m136.2 m

Pre tax profit

59 m59.8 m62.8 m60.8 m54.4 m63.2 m65.2 m61.1 m62.8 m

Income tax expense

21.1 m21.4 m22.5 m21.7 m19.3 m21.5 m22.2 m19.9 m20.7 m

Net Income

37.9 m38.4 m40.4 m117.8 m35.1 m76.8 m119.8 m41.2 m83.3 m
USDY, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

888.6 m816 m751.4 m203.6 m781.8 m284 m450.4 m

Accounts Receivable

40.4 m37.7 m

PP&E

276.2 m282 m

Total Assets

14.6 b14.9 b

Accounts Payable

104 m881 k

Total Debt

2.1 b

Total Liabilities

12.9 b

Additional Paid-in Capital

1.6 b1.6 b

Retained Earnings

829.8 m943.9 m

Total Equity

2 b2 b

Debt to Equity Ratio

1.1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

7.4 x7.5 x
USDQ3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Cash

349.6 m306 m276.1 m530.1 m398.8 m266.4 m

Accounts Receivable

39.6 m38.3 m37.6 m36.9 m38.1 m40.6 m

PP&E

267.8 m288.8 m299.1 m295.3 m275.7 m271.7 m

Additional Paid-in Capital

1.6 b1.6 b1.7 b1.7 b1.7 b1.7 b

Retained Earnings

799.4 m852.8 m881.8 m912.2 m972.7 m979.2 m

Total Equity

2 b2 b2 b2 b2 b2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

151.5 m157.4 m160.3 m164 m

Depreciation and Amortization

1.8 m21.2 m

Accounts Receivable

49.2 m52 m11.6 m2.8 m

Inventories

(9.6 m)(8.4 m)(11 m)294.4 m

Accounts Payable

18.3 m7 m8 m71.1 m

Cash From Operating Activities

142.9 m221.7 m

Long-term Borrowings

(210.6 m)

Cash From Financing Activities

75.7 m

Interest Paid

116.2 m114.5 m

Income Taxes Paid

65.7 m68.5 m
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Net Income

37.9 m38.4 m40.4 m117.8 m35.1 m76.8 m119.8 m41.2 m83.3 m

Depreciation and Amortization

1.1 m19.1 m2.9 m

Accounts Receivable

51.4 m40.8 m40.4 m12.5 m2.9 m3.5 m(449 k)(2.9 m)

Accounts Payable

15.9 m49.7 m45.6 m(41.3 m)(41.8 m)

Cash From Operating Activities

72.8 m68.1 m135.5 m169.5 m41.9 m84 m

Cash From Investing Activities

(17.4 m)(118.2 m)(115.1 m)(2.6 m)(92.4 m)(305.5 m)

Cash From Financing Activities

(487.7 m)72.1 m(28.4 m)79.1 m(948 k)37.5 m

Interest Paid

88.5 m29.2 m57.3 m86 m28.7 m55.6 m

Income Taxes Paid

48.1 m8 k27.2 m47.3 m16.9 m

Washington Federal Market Value History

Traffic Overview of Washington Federal

Washington Federal Online and Social Media Presence

Washington Federal News and Updates

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