Waterstone Financial Inc

Waterstone Financial Inc

WSBF · NASDAQ · Financial Services / Banks - Regional

20.04USD-0.10 (-0.50%)

Price History

Full chart

Market Stats

Previous Close20.14
Open20.23
Day Range19.82 – 20.23
52-Week Range14.14 – 21.66
Volume40.70K
Market Cap359.18M
P/E (TTM)11.55
Forward P/E20.70
EPS1.73
Dividend Yield3.36%
Beta0.71
50-Day Avg20.78
200-Day Avg18.86

About

Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, such as checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; investable funds solutions, such as savings, money market deposits, individual retirement accounts, and certificates of deposit; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, insurance products, and trust and investment management accounts. It also provides transaction deposits, interest bearing transaction accounts, demand deposits, non-interest-bearing demand accounts, and time deposits; secured and unsecured lines; commercial real estate construction loans; term loans for working capital, inventory, and general corporate use; and personal term loans and investment services. The Mortgage Banking segment offers residential mortgage loans for the purpose of sale in the secondary market. It also invests in a portfolio of securities comprising mortgage-backed securities, government-sponsored and private-label enterprise bonds, collateralized mortgage obligations, municipal obligations, and other debt securities. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. Waterstone Financial, Inc. was founded in 1921 and is based in Wauwatosa, Wisconsin.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. William F. Bruss J.D.
  • Employees593
  • Headquarters11200 West Plank Court, Wauwatosa, WI, United States, 53226, USA
  • Websitehttps://www.wsbonline.com

Leadership

  • Mr. William F. Bruss J.D.CEO, President, General Counsel & Secretary · b. 1970
  • Mr. Mark Raymond Gerke CPAExecutive VP, CFO & Chief Accounting Officer · b. 1975
  • Mr. Douglas S. GordonDirector · b. 1958
  • Mr. Jeffrey R. McGuinessPresident & CEO of Waterstone Mortgage Corporation · b. 1966
  • Mr. Kyle J. MertzController

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.57M3.48M3.51M36.33M40.56M88.62M97.43M103.82M112.37M111.81M128.93M122.58M161.05M150.66M148.20M166.44M187.23M188.45M188.53M207.20M317.86M268.47M171.06M176.97M199.38M201.61M
Growth (%)-+35.50%+1.04%+934.07%+11.66%+118.47%+9.95%+6.56%+8.23%-0.50%+15.31%-4.92%+31.38%-6.45%-1.63%+12.30%+12.49%+0.65%+0.04%+9.91%+53.40%-15.54%-36.28%+3.45%+12.67%+1.12%
Cost of Revenue50.01M42.75M34.98M33.29M37.31M88.62M55.98M73.83M100.66M81.26M66.10M54.91M36.20M28.19M23.48M25.08M20.67M15.20M18.46M26.64M31.32M10.38M14.26M49.65M66.83M57.98M
Gross Profit2.57M3.48M3.51M3.04M3.26M-41.45M29.99M11.71M30.54M62.83M67.67M124.85M122.47M124.72M141.35M166.55M173.25M170.06M180.56M286.53M258.09M156.80M127.32M132.55M143.63M
Gross Margin100.00%100.00%100.00%8.35%8.03%-42.54%28.88%10.42%27.32%48.73%55.20%77.52%81.29%84.16%84.93%88.96%91.94%90.21%87.14%90.15%96.13%91.66%71.94%66.48%71.24%
Operating Expense-20.00K-12.18M-13.33M-12.41M-13.38M-28.70M28.68M35.86M41.99M64.63M74.58M102.14M99.14M104.82M115.53M124.56M128.82M129.78M132.99M178.41M165.98M132.32M116.28M108.55M110.18M
Operating Income2.59M15.65M16.85M15.45M16.64M8.37M12.75M1.30M-24.15M-11.44M-1.80M-6.91M22.71M23.33M19.91M25.82M41.99M44.43M40.28M47.57M108.12M92.11M24.48M11.03M24.00M33.45M
Operating Margin100.78%450.24%479.56%42.52%41.01%9.44%13.09%1.26%-21.49%-10.24%-1.40%-5.64%14.10%15.48%13.43%15.51%22.43%23.58%21.37%22.96%34.01%34.31%14.31%6.23%12.04%16.59%
EBITDA2.59M15.65M16.85M16.99M18.29M10.17M16.32M4.97M-21.72M-9.47M57.00K-5.06M25.18M27.17M23.64M29.42M45.21M46.59M45.01M52.27M113.72M98.16M28.51M14.33M26.48M35.99M
EBITDA Margin100.78%450.24%479.56%46.77%45.10%11.47%16.75%4.79%-19.33%-8.47%0.04%-4.12%15.63%18.03%15.95%17.67%24.15%24.72%23.87%25.23%35.78%36.56%16.67%8.10%13.28%17.85%
Net Income5.33M10.84M11.11M10.58M9.12M5.43M8.05M1.56M-26.45M-10.14M-1.85M-7.47M34.91M14.71M12.73M16.57M25.53M25.96M30.75M35.90M81.14M70.79M19.49M9.38M18.69M26.40M
Net Income Margin207.56%311.73%316.11%29.14%22.47%6.12%8.27%1.50%-23.54%-9.07%-1.44%-6.10%21.68%9.76%8.59%9.96%13.64%13.78%16.31%17.33%25.53%26.37%11.39%5.30%9.37%13.10%
R&D-----------00-------------
R&D as % of Total Revenue-----------0.00%0.00%-------------
Interest Expense49.13M41.41M34.52M32.43M36.07M4.92M53.78M62.13M63.03M54.58M40.27M32.84M27.90M23.66M22.33M23.12M20.29M16.36M19.52M27.54M24.98M14.37M13.29M48.99M67.00M59.37M
Interest Expense % of Total Revenue1914.54%1191.03%982.58%89.28%88.92%5.56%55.20%59.85%56.09%48.81%31.23%26.79%17.32%15.70%15.07%13.89%10.84%8.68%10.36%13.29%7.86%5.35%7.77%27.69%33.60%29.45%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets978.62M1.00B1.10B1.24B1.39B1.51B1.65B1.71B1.89B1.87B1.81B1.71B1.66B1.95B1.78B1.76B1.79B1.81B1.92B2.00B2.18B2.22B2.03B2.21B2.21B2.26B
Total Liabilities885.91M898.93M990.30M1.12B1.25B1.28B1.41B1.51B1.71B1.70B1.64B1.55B350.00M1.73B1.33B1.37B1.38B1.39B1.52B1.60B1.77B1.78B1.66B1.87B1.87B1.91B
Total Equity92.70M103.51M114.60M122.80M133.42M231.70M241.27M201.82M171.27M168.59M172.22M166.37M1.31B214.47M450.24M391.93M410.69M412.10M399.68M393.69M413.12M432.77M370.49M344.06M339.13M349.39M
Cash36.06M38.95M28.77M19.39M20.47M8.76M54.35M6.05M14.85M61.49M65.91M72.34M42.89M429.08M151.55M80.17M20.39M31.57M61.00M61.60M75.92M362.74M35.96M30.67M35.46M63.85M
Total Debt---60.00M96.58M201.21M334.00M475.48M487.86M508.53M459.34M461.14M479.89M455.20M434.00M441.20M387.15M386.29M435.05M483.56M508.07M477.13M386.78M466.05M446.52M412.26M
Net Debt-36.06M-38.95M-28.77M40.61M76.11M192.45M279.65M469.43M473.01M447.04M393.43M277.66M307.11M26.12M282.45M361.03M366.77M354.71M374.05M421.97M432.15M114.39M350.82M435.39M411.06M348.41M

Cash Flow

Currency: USD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-11.22M13.06M9.78M10.12M-224.00K24.07M-11.88M-13.13M35.09M-8.14M52.28M-2.22M-12.99M-24.06M107.10M41.50M-40.22M-100.57M154.45M206.66M-27.58M48.06M19.02M
Investing Cash Flow--147.49M-139.73M-129.34M-76.24M-110.65M-231.24M69.49M85.89M61.45M91.53M24.07M-75.25M-16.13M-25.03M-94.88M-78.44M-1.15M44.18M147.62M-335.74M-159.22M-23.96M-3.58M
Financing Cash Flow-126.89M127.74M115.59M123.42M54.95M213.13M-10.34M-68.55M-91.50M-92.30M281.35M-178.88M-43.23M-4.16M-10.83M74.43M29.57M76.86M-20.12M-201.00M176.58M-20.76M15.91M
Capital Expenditure05.09M5.83M2.35M8.61M2.12M1.28M3.82M925.00K1.02M1.67M5.36M1.95M2.97M1.08M1.58M3.96M3.11M1.23M778.00K701.00K700.00K1.10M1.17M
Free Cash Flow-6.14M13.06M7.43M1.51M-2.35M22.78M-15.70M-14.05M34.07M-9.81M46.92M-4.17M-15.96M-25.15M105.52M37.54M-43.33M-101.79M153.68M205.96M-28.28M46.96M17.86M
Dividends Paid---------00-5.00M5.87M6.92M26.95M27.05M25.96M31.52M30.39M30.26M15.36M11.27M10.77M
FCF to OCF-54.68%100.00%76.01%14.89%1047.32%94.67%132.14%107.05%97.09%120.57%89.75%187.95%122.83%104.51%98.53%90.45%107.74%101.22%99.50%99.66%102.54%97.71%93.88%
Dividend Paid to FCF---------0.00%0.00%--120.12%-36.78%-27.51%25.54%72.05%-59.91%-30.97%19.77%14.69%-54.33%23.99%60.30%

Earnings

Report DateDec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Feb 7, 2007May 30, 2007Aug 29, 2007Nov 9, 2007Mar 17, 2008May 12, 2008Aug 8, 2008Nov 7, 2008Mar 11, 2009May 8, 2009Aug 6, 2009Nov 9, 2009Feb 12, 2010May 7, 2010Aug 6, 2010Nov 5, 2010Mar 16, 2011May 6, 2011Aug 5, 2011Nov 4, 2011Mar 9, 2012May 4, 2012Aug 3, 2012Nov 2, 2012Mar 1, 2013May 10, 2013Jul 30, 2013Oct 30, 2013Mar 17, 2014May 5, 2014Aug 4, 2014Oct 24, 2014Mar 6, 2015Apr 24, 2015Jul 24, 2015Oct 23, 2015Feb 26, 2016Apr 22, 2016Jul 22, 2016Oct 28, 2016Feb 24, 2017Apr 28, 2017Jul 26, 2017Oct 24, 2017Jan 30, 2018Apr 24, 2018Jul 31, 2018Oct 23, 2018Jan 30, 2019Apr 23, 2019Jul 24, 2019Oct 23, 2019Jan 30, 2020Apr 28, 2020Jul 27, 2020Oct 26, 2020Jan 28, 2021Apr 26, 2021Jul 20, 2021Oct 19, 2021Jan 27, 2022Apr 21, 2022Jul 21, 2022Oct 26, 2022Jan 26, 2023Apr 25, 2023Jul 25, 2023Oct 24, 2023Jan 30, 2024Apr 30, 2024Jul 25, 2024Oct 22, 2024Jan 28, 2025Apr 28, 2025Aug 7, 2025Oct 21, 2025Feb 13, 2026Apr 24, 2026Jul 23, 2026Oct 22, 2026
EPS Estimate-------0.040.010.010.02-0.08-0.02-0.020.060.050.01-0.010.010.01--0.03-0.050.010.02----------------0.100.210.270.190.180.300.290.210.210.320.280.240.190.300.310.250.310.360.550.750.660.620.610.480.300.370.290.150.080.270.230.180.130.260.300.33-0.000.000.00---
EPS Actual-0.020.070.060.030.060.06-0.040.010.010.02-0.07-0.800.10-0.110.06-0.11-0.090.01-0.04-0.02-0.01-0.05-0.02-0.01-0.150.070.180.250.520.130.140.090.060.050.110.140.070.090.170.190.100.140.290.270.230.240.320.280.210.250.340.310.210.240.370.420.340.270.851.081.170.890.740.790.530.230.360.250.040.100.200.160.000.160.310.260.280.170.430.450.440.340.49-
Surprise--------75.00%0.00%100.00%-450.00%-900.00%600.00%-450.00%0.00%-320.00%-1000.00%200.00%-500.00%-300.00%--66.67%60.00%-200.00%-850.00%----------------40.00%38.10%0.00%21.05%33.33%6.67%-3.45%0.00%19.05%6.25%10.71%-12.50%26.32%23.33%35.48%36.00%-12.90%136.11%96.36%56.00%34.85%19.35%29.51%10.42%-23.33%-2.70%-13.79%-73.33%25.00%-25.93%-30.43%-100.00%22.77%18.31%-14.57%-14.18%-------
Timing-------After-hoursAfter-hours-After-hoursPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours----------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-marketPre-market-After-hoursAfter-hours--After-hours

Key Statistics & Ratios

Market Cap359.18M
Enterprise Value732.14M
Trailing P/E11.55
Forward P/E20.70
PEG Ratio0.00
Price / Sales2.39
Price / Book1.04
EPS1.73
Book Value19.95
Revenue (TTM)150.48M
Gross Profit (TTM)150.48M
Profit Margin20.00%
Operating Margin26.65%
Return on Equity8.69%
Return on Assets1.34%
Shares Outstanding17.98M
Shares Float15.68M
Beta0.71
Dividend Yield3.36%
Dividend Rate0.68
Payout Ratio38.30%

Analyst Ratings

Hold
Based on 1 analystsTarget 12.50
  • Hold
    1

Ownership Breakdown

Institutions
55.69%
Insiders
18.72%
Retail / Other
25.59%

Top Institutional Holders

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    700.24K3.90%
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    366.68K2.04%
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    341.97K1.90%
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    254.46K1.42%
  • AQR Capital Management LLC
    224.79K1.25%
  • Bridgeway Capital Management, LLC
    205.12K1.14%
  • CSM Advisors, LLC
    190.13K1.06%
  • Arrowstreet Capital Limited Partnership
    167.09K0.93%
  • Donald Smith & Co Inc
    164.59K0.92%

Top Fund Holders

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    458.45K2.55%
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    416.27K2.32%
  • Avantis US Small Cap Value ETF
    350.75K1.95%
  • DFA US Small Cap Value I
    270.14K1.50%
  • DFA US Targeted Value I
    193.86K1.08%
  • DFA US Small Cap I
    177.61K0.99%
  • Fidelity Small Cap Index
    166.67K0.93%

Dividends

20263×
0.17Jul 8, 20260.17Apr 8, 20260.15Jan 8, 2026
20254×
0.15Oct 8, 20250.15Jul 8, 20250.15Apr 8, 20250.15Jan 8, 2025
20244×
0.15Oct 8, 20240.15Jul 8, 20240.15Apr 5, 20240.15Jan 5, 2024
20234×
0.15Oct 5, 20230.20Jul 7, 20230.20Apr 6, 20230.20Jan 6, 2023
20224×
0.20Oct 6, 20220.20Jul 8, 20220.20Apr 8, 20220.20Jan 7, 2022
20215×
0.20Oct 7, 20210.20Jul 9, 20210.50Jun 10, 20210.20Apr 9, 20210.20Jan 8, 2021

Stock Splits

  • Jan 23, 20142357:2148