Washington Federal Inc
NASDAQ:WAFD
Net Margin
Washington Federal Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Washington Federal Inc
NASDAQ:WAFD
|
2.2B USD |
24%
|
|
| US |
|
Rocket Companies Inc
NYSE:RKT
|
24.6B USD |
1%
|
|
| US |
|
UWM Holdings Corp
NYSE:UWMC
|
7.3B USD |
1%
|
|
| US |
|
Mr Cooper Group Inc
NASDAQ:COOP
|
7.2B USD |
30%
|
|
| US |
|
Federal National Mortgage Association
OTC:FNMA
|
7.1B USD |
0%
|
|
| US |
|
MGIC Investment Corp
NYSE:MTG
|
5.9B USD |
63%
|
|
| BM |
|
Essent Group Ltd
NYSE:ESNT
|
5.7B USD |
59%
|
|
| US |
|
Enact Holdings Inc
NASDAQ:ACT
|
5.3B USD |
57%
|
|
| US |
|
PennyMac Financial Services Inc
NYSE:PFSI
|
5B USD |
13%
|
|
| US |
|
Radian Group Inc
NYSE:RDN
|
4.7B USD |
47%
|
|
| US |
|
New York Community Bancorp Inc
NYSE:NYCB
|
4.5B USD |
-98%
|
Washington Federal Inc
Glance View
In the bustling world of financial services, Washington Federal Inc., more commonly recognized by its banking arm WaFd Bank, stands out as a steady and reliable institution with roots dating back to 1917. Originally established as a local savings and loan association in Seattle, Washington, the company has burgeoned into a regional powerhouse with operations spanning the western United States. Its approach is grounded in traditional banking philosophies, emphasizing customer service and relationship-building. While many competitors chase high-frequency trading or exotic instruments, WaFd Bank makes its money primarily through the bread-and-butter activities of lending and deposit services. Mortgages, commercial real estate loans, and construction financing are the cornerstones of its lending portfolio, allowing the bank to cater to both individual homeowners and local businesses. The company thrives on a relatively straightforward business model: it collects deposits from its customers, offering them a safe harbor with competitive interest rates, then strategically channels these funds into loans that yield higher returns. By maintaining a careful balance between risk and return, Washington Federal ensures that it not only safeguards its clients' savings but also grows its profits sustainably over the long term. The institution adeptly navigates the fluctuating interest rate environment, leveraging its deep understanding of regional markets and robust risk management frameworks. Through a judicious mix of fiscal conservatism and innovative financial solutions, Washington Federal Inc. continues to solidify its reputation as a stalwart bank for savings in an era marked by rapid technological changes and economic uncertainties.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Washington Federal Inc's most recent financial statements, the company has Net Margin of 24%.
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