Showing posts with label Washington Mutual. Show all posts
Showing posts with label Washington Mutual. Show all posts

Thursday, July 12, 2007

Washington Mutual

Washington Mutual is among the world’s largest Thrifts and Mortgage Finance sector businesses in the world. Washington Mutual’s employees generate $3.357B in profits on $13.687B of revenue. Global output in the Thrifts and Mortgage Finance business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Washington Mutual is determined to remain a market leader. Sectoral leadership in the Thrifts and Mortgage Finance segment takes dedication and consistency, but management seeks out-sized growth.

Washington Mutual’s ticker symbol WM has recently been trading near $42.94 a share. The Washington Mutual corporate headquarters in Seattle WA predicts Thrifts and Mortgage Finance profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $37.891B ensures sufficient liquidity. With a beta of 0.48, the company is less volatile than the market as a whole. When the average equity moves lower, Washington Mutual moves less aggressively.