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WSBF US​

Waterstone Financial, Inc.(WSBF US)

$19.95-0.120.60%Ext:$20.18+0.231.17%(Market Closed · 00:00:02 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Waterstone Financial, Inc. — Company Profile

Waterstone Financial, Inc. functions as a bank holding company, with its principal operations conducted through its subsidiary, WaterStone Bank SSB. It offers a broad spectrum of financial services to customers situated in southeastern Wisconsin, USA. The firm's activities are structured into two key segments: Community Banking and Mortgage Banking. The Community Banking division caters to both individual and commercial clients with a suite of banking solutions. This encompasses diverse deposit and transactional offerings, such as checking accounts, digital banking and bill payment facilities, funds transfer services, and various credit, debit, and prepaid card options. Furthermore, it provides savings and investment vehicles, including savings accounts, money market deposits, individual retirement accounts, and certificates of deposit. Its lending portfolio extends to residential mortgages, home equity loans and lines of credit, personal and installment credit, real estate financing, and commercial loans and lines of credit. Additionally, the segment offers fixed and variable annuities, insurance policies, and trust and investment management accounts. Its deposit types span interest-bearing and non-interest-bearing transaction accounts, demand accounts, and time deposits. Beyond this, loan products encompass secured and unsecured lines of credit, commercial real estate construction financing, term loans for operational capital and inventory, and personal term loans, complemented by various investment services. The Mortgage Banking division focuses on originating residential mortgage loans, predominantly for sale within the secondary market. The company also maintains an investment portfolio containing a mix of securities, such as mortgage-backed securities, bonds from government-sponsored and private enterprises, collateralized mortgage and municipal obligations, and other debt instruments. Its operational footprint includes 14 full-service banking offices, a single drive-through facility, and 14 automated teller machines, strategically placed across Milwaukee, Washington, and Waukesha Counties in Wisconsin. Founded in 1921 and headquartered in Wauwatosa, Wisconsin, the firm was formerly known as Wauwatosa Holdings, Inc., adopting its current name, Waterstone Financial, Inc., in August 2008.

Sector
Financials
Industry
Banks
Exchange
UQ
CEO
William F. Bruss
Headquarters
Wauwatosa, WI, US
IPO Date
Oct 5, 2005
Employees
593
Website
www.wsbonline.com

Key Metrics

Price
$19.94
Market Cap
$359.98M
Revenue (TTM)
$49.24M
Net Income (TTM)
$6.00M
EPS (TTM)
0.35
P/E (TTM)
12.26
P/B (TTM)
1.03
Dividend Yield
3.38%
ROE (TTM)
1.72%
ROA (TTM)
0.27%
Operating Margin
15.34%
Beta
0.21

Dividends

Last Dividend
$0.17
Last Yield
0.03%

Summary

Waterstone Financial, Inc. functions as a bank holding company, with its principal operations conducted through its subsidiary, WaterStone Bank SSB. It offers a broad spectrum of financial services to customers situated in southeastern Wisconsin, USA. The firm's activities are structured into two key segments: Community Banking and Mortgage Banking. The Community Banking division caters to both individual and commercial clients with a suite of banking solutions. This encompasses diverse deposit and transactional offerings, such as checking accounts, digital banking and bill payment facilities, funds transfer services, and various credit, debit, and prepaid card options. Furthermore, it provides savings and investment vehicles, including savings accounts, money market deposits, individual retirement accounts, and certificates of deposit. Its lending portfolio extends to residential mortgages, home equity loans and lines of credit, personal and installment credit, real estate financing, and commercial loans and lines of credit. Additionally, the segment offers fixed and variable annuities, insurance policies, and trust and investment management accounts. Its deposit types span interest-bearing and non-interest-bearing transaction accounts, demand accounts, and time deposits. Beyond this, loan products encompass secured and unsecured lines of credit, commercial real estate construction financing, term loans for operational capital and inventory, and personal term loans, complemented by various investment services. The Mortgage Banking division focuses on originating residential mortgage loans, predominantly for sale within the secondary market. The company also maintains an investment portfolio containing a mix of securities, such as mortgage-backed securities, bonds from government-sponsored and private enterprises, collateralized mortgage and municipal obligations, and other debt instruments. Its operational footprint includes 14 full-service banking offices, a single drive-through facility, and 14 automated teller machines, strategically placed across Milwaukee, Washington, and Waukesha Counties in Wisconsin. Founded in 1921 and headquartered in Wauwatosa, Wisconsin, the firm was formerly known as Wauwatosa Holdings, Inc., adopting its current name, Waterstone Financial, Inc., in August 2008.

Website
www.wsbonline.com
Location
Wauwatosa, WI, US
Phone414 761 1000
Employees593
CEOWilliam F. Bruss
Sector
Financials
Industry
Banks
IPO DateOct 5, 2005

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Latest Documents

SEC Filings(536)

Expand
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers16 Oct
  • 8-KOther Events22 Sep
  • 4Statement of changes in beneficial ownership17 Aug
  • 144Gordon Ryan J14 Aug
  • 10-QQ2ended 30 Jun 20266 Aug
  • 8-KResults of Operations and Financial Condition23 Jul
  • 8-KOther Events23 Jun
  • 11-KAnnual report (employee stock purchase/savings/profit sharing plans)3 Jun
  • 4Statement of changes in beneficial ownership22 May
  • 144Gerke Mark Raymond21 May
  • 8-KSubmission of Matters to a Vote of Security Holders19 May
  • 10-QQ1ended 31 Mar 20267 May
  • 8-KOther Events27 Apr
  • 8-KResults of Operations and Financial Condition23 Apr
  • ARSAnnual report to security holders9 Apr
  • DEF 14ADefinitive proxy statement9 Apr
  • 8-KOther Events17 Mar
  • 10-KFY 2025ended 31 Dec 202526 Feb
  • 4Statement of changes in beneficial ownership20 Feb
  • 4Statement of changes in beneficial ownership10 Feb

News

  • Waterstone Financial (NASDAQ:WSBF) Stock Price Breaks Below Two Hundred Day Moving Average – Here’s What Happened23 Oct
  • 4 Dividend Stocks With October Payout Deadlines Right Around the Corner7 Oct
  • Critical Contrast: Waterstone Financial (NASDAQ:WSBF) & Colony Bankcorp (NYSE:CBAN)7 Oct
  • Waterstone Financial, Inc. (WSBF) To Go Ex-Dividend on October 8th6 Oct
  • WSBF vs. TSBK: Which Community Lender is the Better Buy?25 Sep
  • Waterstone Financial Declares Regular Quarterly Cash Dividend22 Sep
  • Analyzing China Minsheng (OTCMKTS:CMAKY) & Waterstone Financial (NASDAQ:WSBF)10 Sep
  • WSBF Surges 43% in a Year: Reason to Buy the Stock Now?3 Sep
  • BlackRock Inc. Buys New Shares in Waterstone Financial, Inc. $WSBF2 Sep
  • Connor Clark & Lunn Investment Management Ltd. Purchases New Shares in Waterstone Financial, Inc. $WSBF31 Aug
  • Waterstone Financial's Q2 Earnings Up Y/Y on Loan Yield Gains30 Jul

Mentions in Filings

  • #Victory Capital Holdings, Inc., Class A 199,594 14,077,365 Virginia National Bankshares Corp. 2,420 99,026 Virtu Financial, Inc., Class A 246,346 10,225,822 Virtus Investment Partners, Inc. 23,699 3,868,862 Voya Financial, Inc. 239,109 18,330,096 WaFd, Inc. 284,859 9,292,101 Walker & Dunlop, Inc. 126,618 7,963,006 Washington Trust Bancorp, Inc. 61,709 2,120,938 Waterstone Financial, Inc. 62,320 …
    Dimensional ETF TrustWaterstone Financial, Inc.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … 4 | 8.21 | 102.23 | 24.13 | 0.08 | 1.34 | NM | | TRST | TrustCo Bank Corp NY | 10.05 | 10.05 | 1.01 | 9.53 | 1.00 | 9.44 | 0.35 | 248.63 | 15.09 | 140.97 | 14.17 | 141.09 | 15.25 | 1.60 | 2.95 | 42.78 | | WSBF | <strong>Waterstone Financial, Inc.</strong> | 15.59 | 15.56 | 1.35 | 8.60 | 1.35 | 8.60 | 0.30 | 273.62 | 11.58 | 101.92 | 15.89 | 102.12 | 11.58 | 0.68 | 3.42 | 38.37 | | WNEB | Western New England Bancorp, Inc. | 9.09 | 8.64 | 0.61 | 6.81 | 0.61 | 6.77 …
    MFB Bancorp, Inc.Waterstone Financial, Inc.·EX-99.5 - S-1/A - EXHIBIT 99.5·Q4 26·23 Oct
  • … | | | | --- | --- | | Farmers and Merchants Bancorp, Inc. <strong>Waterstone Financial, Inc.</strong> LCNB Corp. Isabella Bank Corporation CF Bankshares, Inc. Ames National Corporation Citizens Community Bancorp, Inc. Hawthorn Bancshares, Inc. | Ohio Valley Banc Corp. SB Financial Group, Inc. Landmark Bancorp, Inc. Richmond Mutual Bancorporation, Inc. First Capital, Inc. United Bancorp, Inc. Central Plains Bancshares, Inc. | To perform this analysis, KBW used pr …
    VALLEY NATIONAL BANCORPWaterstone Financial, Inc.·S-4 - Registration statement (business combination)·Q4 26·21 Oct
  • … NYSE | SW | Dallas | TX | $ | 7,404 | | 62 | Dec | 11/6/14 | $ | 79.83 | $ | 1,908 | | TRST | TrustCo Bank Corp NY | NASDAQGS | MA | Glenville | NY | $ | 6,525 | | 133 | Dec | NA | $ | 57.74 | $ | 983 | | WSBF | <strong>Waterstone Financial, Inc.</strong> | NASDAQGS | MW | Wauwatosa | WI | $ | 2,253 | | 16 | Dec | 10/4/05 | $ | 20.96 | $ | 377 | | WNEB | Western New England Bancorp, Inc. | NASDAQGS | NE | Westfield | MA | $ | 2,732 | | 27 | Dec | 12/27/01 | $ | 1 …
    MFB Bancorp, Inc.Waterstone Financial, Inc.·EX-99.4 - S-1 - EXHIBIT 99.4·Q3 26·14 Sep
  • … | | WASH | Washington Trust Bancorp, Inc. | NE | | 39.92 | | 19,071 | | 761.3 | | 40.25 | | 25.23 | | 39.55 | | 0.94 | | 48.02 | | 35.09 | | 2.88 | | 2.91 | | 29.02 | | 25.46 | | 343.34 | | 6,547,904 | | WSBF | <strong>Waterstone Financial, Inc.</strong> | MW | | 20.96 | | 17,975 | | 376.8 | | 21.14 | | 13.11 | | 20.60 | | 1.75 | | 57.36 | | 26.65 | | 1.72 | | 1.72 | | 19.53 | | NA | | 125.33 | | 2,252,759 | | WFC | Wells Fargo & Company | WE | | 88.39 | | 3,023 …
    Hometown Financial Group, Inc./MDWaterstone Financial, Inc.·EX-99.3 - S-1 - Registration statement (general form)·Q3 26·10 Sep
  • … | | Kearny Financial Corp. | KRNY | Fairfield, NJ | | 7,608 | | Northeast Community Bancorp, Inc. | NECB | White Plains, NJ | | 2,205 | | Riverview Bancorp, Inc. | RVSB | Vancouver, WA | | 1,464 | | Timberland Bancorp, Inc. | TSBK | Hoquiam, WA | | 2,046 | | TrustCo Bank Corp NY | TRST | Glenville, NY | | 6,508 | | <strong>Waterstone Financial, Inc.</strong> | WSBF | Wauwatosa, WI | | 2,251 | | Western New England Bancorp, Inc. | WNEB | Westfield, MA | | 2,765 |
    Narragansett Bancorp, Inc.Waterstone Financial, Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q3 26·20 Aug

Key Stats

Trading

Px/Chg 1D$19.94 / +2.20%
Avg Volume67.49K
Beta0.21
Mkt Cap359.98M
FD Mkt Cap379.39M

Float

Shrs Out/Float18.05M / 14.90M
Short Float0.02%
Days to Cover2.93
Stock Repurchased$4.39M

Current Valuation

EV734.25M
EV/EBITDA18.42
EV/Sales3.55
P/B1.03
P/S1.74
FCF Yield-0.46%
ROE1.72%
ROA0.27%
Current Ratio0.23

Dividend

Cash$0.17
Yield3.38%
Yield (TTM)3.38%

Estimates

P/E12.26
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings31.2415.4426.0412.1742.5360.03
Price / Sales3.531.761.381.146.047.31
Price / Book Value0.830.810.710.670.941.03
Price / Free Cash Flow-19.451.46-8.634.84124.87-219.77
ENTERPRISE VALUE METRICS
Enterprise Value676.1651.7679.5638.6676.4734.3
Enterprise Value / Sales7.643.813.843.2012.4614.91
Enterprise Value / EBITDA48.8222.8647.4124.1262.9986.70
Enterprise Value / EBIT55.8726.6261.5926.6067.3097.23

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-6.9%268.5171.1177.0199.4201.6
Gross Income-13.6%258.1156.8127.3132.5143.6
EBITDA-22.2%98.228.514.326.536.0
EBIT-22.4%92.124.511.024.033.4
Net Income-21.9%70.819.59.418.726.4
EPS (Diluted)-15.9%2.960.890.461.011.48
BALANCE SHEET
Cash & ST Inv-18.9%541.8232.5235.8191.2234.2
Total Assets48.9%2,215.92,031.72,213.42,209.62,259.5
Total Liabilities1.7%1,783.11,661.21,869.31,870.51,910.1
Total Shareholder Equity-5.2%432.8370.5344.1339.1349.4
CASH FLOW
Net Operating Cash Flow-39.5%142.0206.7-27.648.119.0
Cap Ex10.6%-0.8-0.7-0.7-1.1-1.2
Free Cash Flow-40.4%141.2206.0-28.347.017.9

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)19.97
Basic Shares18.05
Market Cap360.5
Diluted Shares17.43
Fully Diluted Shares Outstanding17.43
Fully Diluted Market Cap348.1
+Consolidated Debt413.0
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-38.8
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value734.8

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