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Ticker
1 Washington Mutual Inc., Seattle WAMU
2 Ahmanson (H.F.) & Co., Irwindale, Cali AHM
3 Golden West Financial, Oakland GDW
4 California Federal Bank, San Francisco
5 Dime Bancorp Inc., New York DME
6 Golden State Bancorp, Glendale, Calif. GSB
7 Charter One Financial Inc., Cleveland COFI
8 Sovereign Bancorp Inc., Wyomissing, Pa SVRN
9 GreenPoint Financial Corp., New York GPT
10 Bank United Corp., Houston BNKU
11 Astoria Financial Corp., Lake Success, ASFC
Top US Savings & Loan Averages for publicly traded institutions
with greater than $10 billion in assets
part 2 of 4
Market-to
Stock Price Percent book (x)
6/30/98 3/31/98 Change (Trailing
1 Washington Mut$43.44 $47.81 -9.15% 3.12 x
2 Ahmanson (H.F. 71 77.5 -8.39 2.39
3 Golden West Fi 106.31 95.81 10.96 2.16
4 California Fed N/A N/A N/A N/A
5 Dime Bancorp I 29.94 30.06 -0.42 2.63
6 Golden State B 29.75 38.19 -22.09 1.38
7 Charter One Fi 33.69 33.47 0.65 3.01
8 Sovereign Banc 16.34 18.19 -10.14 2.45
9 GreenPoint Fin 37.63 35.94 4.7 2.42
10 Bank United Co 47.88 50 -4.25 2.08
11 Astoria Financ 53.5 61.81 -13.45 1.54
Top US Savings & Loan Averages -5.16% 2.32 x
with greater than $10 billion in assets
part 3 of 3
Price to 'Weighted
EPS (x) pe Average
P/E (x) First Call cost of
(Trailingas of 7/23 Capital
1 Washington Mut 30.1 x 14.9 x 15.25%
2 Ahmanson (H.F. 19.3 17 15.74
3 Golden West Fi 16.3 13.3 15.31
4 California Fed N/A N/A N/A
5 Dime Bancorp I 22.8 16.9 15.18
6 Golden State B 18.6 16.1 11.05
7 Charter One Fi 26.2 15.7 14.89
8 Sovereign Banc 29.6 16.2 13.45
9 GreenPoint Fin 20.3 19.4 13.87
10 Bank United Co 14.5 16.3 13.38
11 Astoria Financ 17.1 15.7 15.73
Top US Savings 20.52 x 16.15 x 14.39%
with greater than $10 billion in assets
part 4 of 4
nonint. Rev/
Price-LesNon-Interest revenue Year-Date
book Total revue Year-to-date
value 6/30/98 6/30/97
1 Washington Mut 7.77% 23.56% 22.28%
2 Ahmanson (H.F. 5.76 19.4 24.28
3 Golden West Fi 4.23 12.52 8.22
4 California Fed N/A 33.11 29.65
5 Dime Bancorp I 19.75 46.81 19.45
6 Golden State B 50.41 19.26 18.97
7 Charter One Fi 6.1 23.63 20.14
8 Sovereign Banc 7.22 17.36 12.24
9 GreenPoint Fin 2.11 9.73 11.31
10 Bank United Co 15.36 20.13 25
11 Astoria Financ 30.39 34.98 34.72
Top US Savings 14.91% 23.68% 20.57%
with greater than $10 billion in assets
Source: 2nd Quarter 1998 bank earnings releases, First Call Corp.,