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 through 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, including checking accounts, online banking and bill pay services, and money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposit, and individual retirement accounts, as well as certificates of deposit; lending solutions consisting of 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, and insurance products, as well as trust and investment management accounts. The Mortgage Banking segment provides residential mortgage loans for the purpose of sale in the secondary market. It also provides transaction deposit, interest bearing transaction, demand deposit, and non-interest bearing demand accounts, as well as time deposits; secured and unsecured lines; commercial real estate construction loans; and term loans for working capital, inventory, and general corporate use. In addition, the company invests in a portfolio of securities, which include mortgage-backed securities, government-sponsored and private-label enterprise bonds, municipal obligations, and other debt securities. It operates 14 full-service banking offices, 1 drive-through office, and 14 automated teller machines located in Milwaukee, Washington, and Waukesha Counties, Wisconsin. 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.
IPO Year: 2005
Exchange: NASDAQ
Website: wsbonline.com
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
4 - Waterstone Financial, Inc. (0001569994) (Issuer)
144 - Waterstone Financial, Inc. (0001569994) (Subject)
144 - Waterstone Financial, Inc. (0001569994) (Subject)
10-Q - Waterstone Financial, Inc. (0001569994) (Filer)
8-K - Waterstone Financial, Inc. (0001569994) (Filer)
8-K - Waterstone Financial, Inc. (0001569994) (Filer)
144 - Waterstone Financial, Inc. (0001569994) (Subject)
10-Q - Waterstone Financial, Inc. (0001569994) (Filer)
8-K - Waterstone Financial, Inc. (0001569994) (Filer)
11-K - Waterstone Financial, Inc. (0001569994) (Filer)
8-K - Waterstone Financial, Inc. (0001569994) (Filer)
Piper Sandler resumed coverage of Waterstone Financial with a rating of Neutral and set a new price target of $20.50
Piper Sandler downgraded Waterstone Financial from Overweight to Neutral and set a new price target of $20.50
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WAUWATOSA, Wis., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), holding company for WaterStone Bank, reported net income of $4.7 million, or $0.26 per diluted share, for the quarter ended September 30, 2024, compared to net income of $3.3 million, or $0.16 per diluted share for the quarter ended September 30, 2023. Net income per diluted share was $0.72 for the nine months ended September 30, 2024, compared to net income per diluted share of $0.46 for the nine months ended September 30, 2023. "The Community Banking segment achieved growth in its loan and core deposit (excluding brokered deposits) balances," said William Bruss, Chief Execu
WAUWATOSA, Wis., Sept. 24, 2024 (GLOBE NEWSWIRE) -- On September 24, 2024, the Board of Directors of Waterstone Financial, Inc. (NASDAQ:WSBF) declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on November 1, 2024, to shareholders of record at the close of business on October 8, 2024. About Waterstone Financial, Inc: Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Gree
WAUWATOSA, Wis., July 25, 2024 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), holding company for WaterStone Bank, reported net income of $5.7 million, or $0.31 per diluted share, for the quarter ended June 30, 2024 compared to net income of $4.0 million, or $0.20 per diluted share for the quarter ended June 30, 2023. Net income per diluted share was $0.47 for the six months ended June 30, 2024, compared to net income per diluted share of $0.30 for the six months ended June 30, 2023. "The results this quarter reflect our continued efforts over the past year to improve efficiencies at the Mortgage Banking segment," said William Bruss, Chief Executive Officer of Waterstone F
WAUWATOSA, Wis., June 18, 2024 (GLOBE NEWSWIRE) -- On June 18, 2024, the Board of Directors of Waterstone Financial, Inc. (NASDAQ:WSBF) declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on August 1, 2024, to shareholders of record at the close of business on July 8, 2024. About Waterstone Financial, Inc:Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield/Loomis Rd
WAUWATOSA, Wis., April 30, 2024 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), holding company for WaterStone Bank, reported net income of $3.0 million, or $0.16 per diluted share, for the quarter ended March 31, 2024 compared to net income of $2.2 million, or $0.10 per diluted share for the quarter ended March 31, 2023. The current year reflects a $0.04 per share one-time charge related to a change in Wisconsin state tax law, as described below. "We are pleased that the Mortgage Banking segment demonstrated improved performance, as volumes and margin have bounced off of the lows from the past two years," said William Bruss, Chief Executive Officer of Waterst
WAUWATOSA, Wis., March 22, 2024 (GLOBE NEWSWIRE) -- On March 21, 2024, the Board of Directors of Waterstone Financial, Inc. (NASDAQ:WSBF) declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on May 1, 2024, to shareholders of record at the close of business on April 8, 2024. About Waterstone Financial, Inc: Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield/Loo
WAUWATOSA, Wis., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), holding company for WaterStone Bank, reported a net loss of $40,000, or less than $0.01 per diluted share, for the quarter ended December 31, 2023, compared to net income of $935,000, or $0.04 per diluted share for the quarter ended December 31, 2022. Net income per diluted share was $0.46 for the twelve months ended December 31, 2023, compared to net income per diluted share of $0.89 for the twelve months ended December 31, 2022. "The current market dynamics continue to present challenges for both our Community Banking and Mortgage Banking segments," said William Bruss, Chief Executive Officer of
WAUWATOSA, Wis., Dec. 21, 2023 (GLOBE NEWSWIRE) -- On December 21, 2023, the Board of Directors of Waterstone Financial, Inc. (NASDAQ:WSBF) declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on February 1, 2024, to shareholders of record at the close of business on January 8, 2024. About Waterstone Financial, Inc: Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield
WAUWATOSA, Wis., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), holding company for WaterStone Bank, reported net income of $3.3 million, or $0.16 per diluted share for the quarter ended September 30, 2023, compared to $5.3 million, or $0.25 per diluted share for the quarter ended September 30, 2022. Net income per diluted share was $0.46 for the nine months ended September 30, 2023, compared to net income per diluted share of $0.83 for the nine months ended September 30, 2022. "We continue to navigate the challenges that have resulted from a rapid rise in interest rates and an inverted yield curve," said Douglas Gordon, Chief Executive Officer of Waterstone
WAUWATOSA, Wis., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (Waterstone) today announced a strategic decision to reduce its dividend payout as part of a broader initiative to optimize capital allocation. This move is aimed at enhancing shareholder value through stock buybacks, which we believe will generate long-term benefits for both Waterstone and its shareholders. Today the Board of Directors declared a quarterly dividend of $0.15 per common share. The dividend will be payable November 1, 2023, to shareholders of record at the close of business on October 9, 2023. The decision reflects Waterstone's commitment to allocating capital more efficiently. The reduction in t
WAUWATOSA, Wis., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), holding company for WaterStone Bank, reported net income of $4.7 million, or $0.26 per diluted share, for the quarter ended September 30, 2024, compared to net income of $3.3 million, or $0.16 per diluted share for the quarter ended September 30, 2023. Net income per diluted share was $0.72 for the nine months ended September 30, 2024, compared to net income per diluted share of $0.46 for the nine months ended September 30, 2023. "The Community Banking segment achieved growth in its loan and core deposit (excluding brokered deposits) balances," said William Bruss, Chief Execu
WAUWATOSA, Wis., Sept. 24, 2024 (GLOBE NEWSWIRE) -- On September 24, 2024, the Board of Directors of Waterstone Financial, Inc. (NASDAQ:WSBF) declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on November 1, 2024, to shareholders of record at the close of business on October 8, 2024. About Waterstone Financial, Inc: Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Gree
WAUWATOSA, Wis., July 25, 2024 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), holding company for WaterStone Bank, reported net income of $5.7 million, or $0.31 per diluted share, for the quarter ended June 30, 2024 compared to net income of $4.0 million, or $0.20 per diluted share for the quarter ended June 30, 2023. Net income per diluted share was $0.47 for the six months ended June 30, 2024, compared to net income per diluted share of $0.30 for the six months ended June 30, 2023. "The results this quarter reflect our continued efforts over the past year to improve efficiencies at the Mortgage Banking segment," said William Bruss, Chief Executive Officer of Waterstone F
WAUWATOSA, Wis., June 18, 2024 (GLOBE NEWSWIRE) -- On June 18, 2024, the Board of Directors of Waterstone Financial, Inc. (NASDAQ:WSBF) declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on August 1, 2024, to shareholders of record at the close of business on July 8, 2024. About Waterstone Financial, Inc:Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield/Loomis Rd
WAUWATOSA, Wis., April 30, 2024 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), holding company for WaterStone Bank, reported net income of $3.0 million, or $0.16 per diluted share, for the quarter ended March 31, 2024 compared to net income of $2.2 million, or $0.10 per diluted share for the quarter ended March 31, 2023. The current year reflects a $0.04 per share one-time charge related to a change in Wisconsin state tax law, as described below. "We are pleased that the Mortgage Banking segment demonstrated improved performance, as volumes and margin have bounced off of the lows from the past two years," said William Bruss, Chief Executive Officer of Waterst
WAUWATOSA, Wis., April 23, 2024 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF) (the "Company") announced that on April 23, 2024, its Board of Directors authorized the repurchase of up to an additional 2,000,000 shares of the Company's outstanding shares of common stock under its existing repurchase program. Prior to this authorization, 224,852 shares remained available to repurchase under the existing program. Combined with the shares authorized today, the total 2,224,852 shares available for repurchase represent approximately 11.2% of the Company's issued and outstanding shares of common stock as of April 23, 2024. The timing of the repurchases will depend on certain facto
WAUWATOSA, Wis., March 22, 2024 (GLOBE NEWSWIRE) -- On March 21, 2024, the Board of Directors of Waterstone Financial, Inc. (NASDAQ:WSBF) declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on May 1, 2024, to shareholders of record at the close of business on April 8, 2024. About Waterstone Financial, Inc: Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield/Loo
WAUWATOSA, Wis., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), holding company for WaterStone Bank, reported a net loss of $40,000, or less than $0.01 per diluted share, for the quarter ended December 31, 2023, compared to net income of $935,000, or $0.04 per diluted share for the quarter ended December 31, 2022. Net income per diluted share was $0.46 for the twelve months ended December 31, 2023, compared to net income per diluted share of $0.89 for the twelve months ended December 31, 2022. "The current market dynamics continue to present challenges for both our Community Banking and Mortgage Banking segments," said William Bruss, Chief Executive Officer of
WAUWATOSA, Wis., Dec. 21, 2023 (GLOBE NEWSWIRE) -- On December 21, 2023, the Board of Directors of Waterstone Financial, Inc. (NASDAQ:WSBF) declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on February 1, 2024, to shareholders of record at the close of business on January 8, 2024. About Waterstone Financial, Inc: Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield
WAUWATOSA, Wis., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), holding company for WaterStone Bank, reported net income of $3.3 million, or $0.16 per diluted share for the quarter ended September 30, 2023, compared to $5.3 million, or $0.25 per diluted share for the quarter ended September 30, 2022. Net income per diluted share was $0.46 for the nine months ended September 30, 2023, compared to net income per diluted share of $0.83 for the nine months ended September 30, 2022. "We continue to navigate the challenges that have resulted from a rapid rise in interest rates and an inverted yield curve," said Douglas Gordon, Chief Executive Officer of Waterstone
WAUWATOSA, Wis., July 25, 2023 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ:WSBF), announced today that Douglas S. Gordon has notified Waterstone of his intention to retire as Chief Executive Officer ("CEO") of Waterstone Financial, Inc. (the "Company") and its wholly owned subsidiary, WaterStone Bank (the "Bank"), effective December 31, 2023. Gordon will continue to serve on the Board of Directors of the Company and the Bank. He will also continue his service on the Board of Directors of Waterstone Mortgage, a wholly owned subsidiary of the Bank. The Board of Directors of the Company and the Bank also announced the election of William F. Bruss, to serve as the next CEO of the C
Waterstone Financial (NASDAQ:WSBF) reported quarterly earnings of $0.16 per share. This is a 60 percent increase over earnings of $0.10 per share from the same period last year.
Prior to this authorization, 224,852 shares remained available to repurchase under the existing program. Combined with the shares authorized today, the total 2.22 million 2 shares available for repurchase represent approximately 11.2% of the Company's issued and outstanding shares of common stock as of April 23, 2024.
Thursday marks the last chance for investors to receive the next dividend payout from Waterstone Financial (NASDAQ:WSBF). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 15 cents per share. On Friday, Waterstone Financial will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 15 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own WSBF as of the end of Thursday's session are eligible to receive the 15 ce
Waterstone Financial (NASDAQ:WSBF) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.23 by 30.43 percent. This is a 36 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $11.99 million which missed the analyst consensus estimate of $12.20 million by 1.73 percent. This is a 22.14 percent decrease over sales of $15.40 million the same period last year.
On Monday, 369 companies set new 52-week lows. Intriguing Points From Today's 52-Week Lows: Danaher (NYSE:DHR) was the biggest company by market cap to set a new 52-week low. The smallest company in terms of market cap to set a new 52-week low was Ascent Solar Technologies (NASDAQ:ASTI). EBET (NASDAQ:EBET) saw the largest move of the companies, as shares plummetted 2955.38% to hit a new 52-week low. Fiserv (NYSE:FI) was the most promising stock of the group, with shares actually trading up 0.0% to bounce back after reaching its new 52-week low. Here are all the stocks that set new 52-week lows as of 10am on Monday: Danaher (NYSE:DHR) stock set a new 52-week low of $210.14 on M
Wednesday marks the last chance for investors to receive the next dividend payout from Waterstone Financial (NASDAQ:WSBF). What's Happening The company announced on Tuesday that it would pay shareholders a quarterly dividend of 15 cents per share. On Thursday, Waterstone Financial will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 15 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own WSBF as of the end of Wednesday's session are eligible to receive the
On Tuesday, 386 stocks made new 52-week lows. Interesting Points From Today's 52-Week Lows: Diageo (NYSE:DEO) was the largest firm by market cap to set a new 52-week low. Neptune Wellness Solns (NASDAQ:NEPT) was the smallest company by market cap to set a new 52-week low. Vaccinex (NASDAQ:VCNX)'s stock came under the most pressure, trading down 1227.51% to reach a new 52-week low. Nouveau Monde Graphite (NYSE:NMG) shares were the most resilient of the group, as shares actually moved up 0.0% in response to hitting its 52-week low. Stocks dropping to new 52-week lows on Tuesday: Diageo (NYSE:DEO) stock broke to a new 52-week low of $151.08 on Tuesday. Shares of the company trade
During the session on Thursday, 461 stocks hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was Pfizer (NYSE:PFE). The smallest company by market cap to set a new 52-week low was Akerna (NASDAQ:KERN). PolyPid (NASDAQ:PYPD) saw the most significant move of the companies, as shares traded down 2315.34% to reach its new 52-week low. Frontier Group Holdings (NASDAQ:ULCC) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. The stocks that set new 52-week lows on Thursday: Diageo (NYSE:DEO) shares fell to $156.42 on Thursday, setting a new 52
During Tuesday's session, 275 companies made new 52-week lows. Areas of Significance In Today's 52-Week Lows: ARM Holdings (NASDAQ:ARM) was the largest firm by market cap to set a new 52-week low. TransCode Therapeutics (NASDAQ:RNAZ) was the smallest company when considering market cap to set a new 52-week low. Histogen (NASDAQ:HSTO)'s stock came under the most pressure, trading down 36.92% to reach a new 52-week low. Medical Properties Trust (NYSE:MPW) shares bounced back the most, actually rising 0.0% after hiting a new 52-week low. The following stocks set new 52-week lows on Tuesday: ARM Holdings (NASDAQ:ARM) shares reached a new 52-week low of $53.88 on Tuesday morning, m