WaFd (NASDAQ:WAFD) versus Omni Financial Services (OTCMKTS:OFSI) Critical Review

WaFd (NASDAQ:WAFD) and Omni Financial Services (OTCMKTS:OFSI) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, earnings, valuation, risk and analyst recommendations.

Earnings & Valuation

This table compares WaFd and Omni Financial Services”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
WaFd	$725.16 million	3.24	$200.04 million	$2.17	13.28
Omni Financial Services	N/A	N/A	N/A	N/A	N/A

WaFd has higher revenue and earnings than Omni Financial Services.

Profitability

This table compares WaFd and Omni Financial Services’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
WaFd	12.66%	8.78%	0.82%
Omni Financial Services	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of current ratings and target prices for WaFd and Omni Financial Services, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
WaFd	0	4	0	0	2.00
Omni Financial Services	0	0	0	0	0.00

WaFd currently has a consensus target price of $33.75, indicating a potential upside of 17.15%. Given WaFd’s stronger consensus rating and higher possible upside, equities research analysts plainly believe WaFd is more favorable than Omni Financial Services.

Institutional & Insider Ownership

83.7% of WaFd shares are held by institutional investors. 1.5% of WaFd shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Risk and Volatility

WaFd has a beta of 0.83, meaning that its stock price is 17% less volatile than the S&P 500. Comparatively, Omni Financial Services has a beta of 3.26, meaning that its stock price is 226% more volatile than the S&P 500.

Summary

WaFd beats Omni Financial Services on 8 of the 9 factors compared between the two stocks.

About WaFd

WaFd, Inc operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company offers deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It also provides single-family dwellings, construction, land acquisition and development, consumer lot, multi-family residential, commercial real estate, home equity, business, and consumer loans, as well as commercial and industrial loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies; holds and markets real estate properties; and debit and credit cards, as well as acts as the trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. The company was formerly known as Washington Federal, Inc. and changed its name to WaFd, Inc in September 2023. WaFd, Inc was founded in 1917 and is headquartered in Seattle, Washington.

About Omni Financial Services

OMNI Financial Services, Inc. provides various financial products and services to individuals, professionals, and business owners. The company offers deferred annuities, fixed annuities, and immediate annuities; and group medical, key employee, survivor life, disability, fixed life, long term care, and term life insurance products. It also provides college funding, retirement, and estate planning services. The company was founded in 1976 and is headquartered in Fort Myers, Florida.