<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<LEGEND>
This schedule contains summary information extracted from the
consolidated balance sheets and statements of income found on pages 3 and
4 of the Company's unaudited financial statements for the six months
ended June 30, 1998.
</LEGEND>

<RESTATED>
<CIK> 0000928358
<NAME> FIRST NATIONWIDE HOLDINGS INC.
<MULTIPLIER> 1,000
<CURRENCY> US $
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<EXCHANGE-RATE>                                      1
<CASH>                                         345,921
<INT-BEARING-DEPOSITS>                           2,081
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  8,820,199
<INVESTMENTS-CARRYING>                       1,201,669
<INVESTMENTS-MARKET>                         1,201,669
<LOANS>                                     20,351,922
<ALLOWANCE>                                    420,665
<TOTAL-ASSETS>                              34,035,957
<DEPOSITS>                                  16,044,288
<SHORT-TERM>                                 7,308,014
<LIABILITIES-OTHER>                            729,131
<LONG-TERM>                                  7,829,877
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                   1,138,350
<TOTAL-LIABILITIES-AND-EQUITY>              34,035,957
<INTEREST-LOAN>                                819,570
<INTEREST-INVEST>                              257,391
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             1,076,961
<INTEREST-DEPOSIT>                             355,202
<INTEREST-EXPENSE>                             752,596
<INTEREST-INCOME-NET>                          324,365
<LOAN-LOSSES>                                   20,000
<SECURITIES-GAINS>                                 649
<EXPENSE-OTHER>                                301,696
<INCOME-PRETAX>                                187,403
<INCOME-PRE-EXTRAORDINARY>                     408,537
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   362,923
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                    7.41
<LOANS-NON>                                    160,585
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                43,536
<LOANS-PROBLEM>                                 57,752
<ALLOWANCE-OPEN>                               418,674
<CHARGE-OFFS>                                   19,685
<RECOVERIES>                                     1,676
<ALLOWANCE-CLOSE>                              420,665
<ALLOWANCE-DOMESTIC>                             6,009
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        414,656
        


</TABLE>