• Hoovers Logo
    Insightful information about industries, companies, and the people who lead them.

    Learn More.
  • WASHINGTON MUT INC Profile

    Seattle -- home to gourmet coffee, grunge, and thrift banking. Washington Mutual (WaMu), the largest thrift in the US, offers traditional consumer and commercial banking services through its retail banking group. It also offers credit cards, commercial real estate financing, and home loans through about 2,260 bank branches in the West, New York, and Connecticut, and another 500 or so loan and administrative offices nationwide. WaMu was once one of the largest originators and servicers of residential mortgages in the US, in part through subprime subsidiary Long Beach Mortgage. However, the bank exited the subprime business in 2007 in light of the 2006-2007 housing bust and subsequent epidemic of loan defaults.
    Kerry K. Killinger
    CEO
    1301 Second Ave.

    Seattle, WA 98101

    http://www.wamu.com

    Phone: 206-461-2000

    Fax: —
    Sector: Financial Industry: Banking
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $26,523,000,000 0.3% $-67,000,000 49,403
  • Key Executives: WM

    Name Title Officer Since
    Kerry K. Killinger CEO 1/1/88
    Stephen J. Rotella COO -
    Thomas W. Casey CFO -
    Debora D. Horvath Chief Information Officer -
    Fay L. Chapman General Counsel -
    Ronald J. Cathcart Executive VP -
    Daryl D. David Executive VP -
    David C. Schneider Executive VP -
  • Top Competitors: WM

  • Insider Trends: WM

    Sentiment for WM is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: WM

    Date Name Shares Transaction Type Market Value
    02/12/08 KILLINGER KERRY K 4,050 Stock Gift $0.00
    02/04/08 MATTHEWS PHILLIP D 1,835 Exercise of Stock Options $24,007.30
    01/22/08 CATHCART RONALD J 21,000 Award of Stock Options $0.00
  • Ownership Breakdown : WM

    Large Block Holder Type Number  
    Institutions 716.00
     
    Mutual Fund 1,320.00
    Other Major 20.00
  • Short Interest Volume: WM

    Data as of 4/10/08
    Current Short Interest Shares 195.35 M
    Current Short Interest Ratio 2.80
    Float 878.85 M
    Short Interest as % of Float 22.20
    Average Daily Volume 52.89 M
    Outstanding Shares 1.05 B