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. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Waterstone Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WSBF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: WSBF's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: WSBF underperformed the US Mortgage industry which returned 51.9% over the past year.
Return vs Market: WSBF underperformed the US Market which returned 44.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Waterstone Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StShould You Be Adding Waterstone Financial (NASDAQ:WSBF) To Your Watchlist Today?
1 month ago | Simply Wall StWe Think Waterstone Financial, Inc.'s (NASDAQ:WSBF) CEO Compensation Looks Fair
1 month ago | Simply Wall StWhat Percentage Of Waterstone Financial, Inc. (NASDAQ:WSBF) Shares Do Insiders Own?
Is Waterstone Financial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WSBF ($20.07) is trading above our estimate of fair value ($17.45)
Significantly Below Fair Value: WSBF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WSBF is good value based on its PE Ratio (5x) compared to the US Mortgage industry average (12.5x).
PE vs Market: WSBF is good value based on its PE Ratio (5x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: WSBF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: WSBF's PB Ratio (1.1x) is in line with the US Mortgage industry average.
How is Waterstone Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WSBF's earnings are forecast to decline over the next 3 years (-51.2% per year).
Earnings vs Market: WSBF's earnings are forecast to decline over the next 3 years (-51.2% per year).
High Growth Earnings: WSBF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WSBF's revenue is expected to decline over the next 3 years (-21.9% per year).
High Growth Revenue: WSBF's revenue is forecast to decline over the next 3 years (-21.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WSBF's Return on Equity is forecast to be high in 3 years time
How has Waterstone Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WSBF has high quality earnings.
Growing Profit Margin: WSBF's current net profit margins (30.2%) are higher than last year (18.7%).
Past Earnings Growth Analysis
Earnings Trend: WSBF's earnings have grown significantly by 27.6% per year over the past 5 years.
Accelerating Growth: WSBF's earnings growth over the past year (172.1%) exceeds its 5-year average (27.6% per year).
Earnings vs Industry: WSBF earnings growth over the past year (172.1%) exceeded the Mortgage industry 25.6%.
Return on Equity
High ROE: Whilst WSBF's Return on Equity (22.39%) is high, this metric is skewed due to their high level of debt.
How is Waterstone Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: WSBF's Assets to Equity ratio (5.1x) is low.
Allowance for Bad Loans: WSBF has a sufficient allowance for bad loans (425%).
Low Risk Liabilities: 69% of WSBF's liabilities are made up of primarily low risk sources of funding.
Loan Level: WSBF has an appropriate level of Loans to Assets ratio (60%).
Low Risk Deposits: WSBF's Loans to Deposits ratio (108%) is appropriate.
Level of Bad Loans: WSBF has an appropriate level of bad loans (0.3%).
What is Waterstone Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WSBF's dividend (7.97%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: WSBF's dividend (7.97%) is in the top 25% of dividend payers in the US market (3.35%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, WSBF has been paying a dividend for less than 10 years.
Growing Dividend: WSBF's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16%), WSBF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Doug Gordon (62 yo)
Mr. Douglas S. Gordon, also known as Doug, has been the Chief Executive Officer and President of Waterstone Financial Inc. (also known as Wauwatosa Holdings Inc.), since January 1, 2007. He has been the Ch...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD1.48M) is about average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Doug's compensation has increased by more than 20% in the past year.
Experienced Management: WSBF's management team is seasoned and experienced (6.7 years average tenure).
Experienced Board: WSBF's board of directors are seasoned and experienced ( 15 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Waterstone Financial, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Waterstone Financial, Inc.
- Ticker: WSBF
- Exchange: NasdaqGS
- Founded: 1921
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$479.459m
- Shares outstanding: 23.89m
- Website: https://www.wsbonline.com
Number of Employees
- Waterstone Financial, Inc.
- 11200 West Plank Court
- United States
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...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/14 01:15|
|End of Day Share Price||2021/06/11 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.