Earnings Summary

Wafd Inc’s revenue jumped 123.3% since last year same period to $409.07Mn in the Q2 2024. On a quarterly growth basis, Wafd Inc has generated 23.62% jump in its revenue since last 3-months.

Wafd Inc’s net profit jumped 4.51% since last year same period to $64.56Mn in the Q2 2024. On a quarterly growth basis, Wafd Inc has generated 306.34% jump in its net profits since last 3-months.

Wafd Inc’s net profit margin fell -53.2% since last year same period to 15.78% in the Q2 2024. On a quarterly growth basis, Wafd Inc has generated 228.7% jump in its net profit margins since last 3-months.

Wafd Inc’s price-to-earnings ratio after this Q2 2024 earnings stands at 6.45.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Wafd Inc’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Wafd Inc’s return on equity (ROE) stands at 0.07.

Wafd Inc declared 0.3 dividend per share during the earnings announcement for Q2 2024.