<TABLE> <S> <C>

<PAGE>


<ARTICLE> 9
<LEGEND>
This schedule contains summary information extraxted from the consolidated
financial statements of financial condition and operations found on pages
3 and 4 of the Company's Form 10-Q for the six months ended June 30, 1997.
</LEGEND>
<RESTATED> 
<CIK> 0000928358
<NAME> FIRST NATIONWIDE HOLDINGS INC.
<MULTIPLIER> 1,000
<CURRENCY> US $
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<EXCHANGE-RATE>                                      1
<CASH>                                         317,707
<INT-BEARING-DEPOSITS>                          50,734
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  5,898,491
<INVESTMENTS-CARRYING>                       1,543,242
<INVESTMENTS-MARKET>                         1,543,242<F1>
<LOANS>                                     20,334,681
<ALLOWANCE>                                    400,501
<TOTAL-ASSETS>                              30,925,372
<DEPOSITS>                                  16,657,905
<SHORT-TERM>                                 8,950,787
<LIABILITIES-OTHER>                            809,431
<LONG-TERM>                                  2,652,356
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     88,884<F2>
<COMMON>                                             1
<OTHER-SE>                                     779,550
<TOTAL-LIABILITIES-AND-EQUITY>              30,925,372
<INTEREST-LOAN>                                817,290
<INTEREST-INVEST>                              223,298
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             1,040,588
<INTEREST-DEPOSIT>                             374,787
<INTEREST-EXPENSE>                             706,056
<INTEREST-INCOME-NET>                          334,532
<LOAN-LOSSES>                                   39,900
<SECURITIES-GAINS>                                   4
<EXPENSE-OTHER>                                324,475
<INCOME-PRETAX>                                131,444
<INCOME-PRE-EXTRAORDINARY>                     109,553
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    66,560<F3>
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                    7.55
<LOANS-NON>                                    240,167
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                37,076
<LOANS-PROBLEM>                                 68,243
<ALLOWANCE-OPEN>                               246,556
<CHARGE-OFFS>                                   32,243
<RECOVERIES>                                     2,468
<ALLOWANCE-CLOSE>                              400,501<F4>
<ALLOWANCE-DOMESTIC>                             6,909
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        393,592
        

<FN>
<F1> Loans includes Loans held for sale of $858,587 and Allowance for
     loan losses of $400,501
<F2> Preferred excludes $486,458 in Minority interest for the preferred
     stock of California Federal Bank and $500,000 in Minority interest for the
     preferred stock of California Federal Preferred Capital Corporation
<F3> Net income available to common stockholders: $58,317
<F4> Allowance-close includes $143,820 related to loans acquired in the
     Cal Fed Acquisition
</FN>


</TABLE>