Savings Institution, Federally Chartered · SIC 6035

Waterstone Financial, Inc.

WSBF

Watch

Latest revenue

$26.5M

as of 2026-03-31

Latest net income

$6.0M

as of 2026-03-31

Net margin

22.6%

as of 2026-03-31

Price · 5Y

+4.0% / yr 9.7 pts / yr vs S&P 500 21.8% total
Compare:

Live market

delayed ≤15 min
$18.33
1.24%
Market cap
$330.9M
Enterprise value
$330.9M
P/E (trailing)
12.5×
Forward P/E
P/B
Dividend yield
3.4%
52-wk high
$18.88
52-wk low
$12.69
Beta
Shares out
18.1M

5-year trend

What this company does

AI

Item 1. Business Forward-Looking Statements This Annual Report on Form 10-K may contain or incorporate by reference various forward-looking statements, which can be identified by the use of words such as “estimate,” “project,” “believe,” “intend,” “anticipate,” “plan,” “seek,” “expect” and similar expressions and verbs in the future tense. These forward-looking statements include, but are not limited to: • Statements of our goals, intentions and expectations; • Statements regarding our business plans, prospects, growth and operating strategies; • Statements regarding the quality of our loan and investment portfolio; • Estimates of our risks and future costs and benefits. These…

AI summary unavailable — showing raw filing excerpt

Generated from WSBF's filing dated 2026-02-26

Key risks

AI

Item 1A. Risk Factors An investment in our securities is subject to risks inherent in our business and the industry in which we operate. Before making an investment decision, you should carefully consider the risks and uncertainties described below and all other information included in this report, as well as other reports we file with the SEC. The risks described below may adversely affect our business, financial condition and operating results. In addition to these risks and the other risks and uncertainties described in Item 1, “Business-Forward Looking Statements” and Item 7, “Management's Discussion and Analysis of Financial Condition and Results of Operations,” there may be additional…

AI summary unavailable — showing raw filing excerpt

Generated from WSBF's filing dated 2026-02-26

Profitability

Net margin

13.1%

42.1%

Return on equity

7.6%

37.1%

Return on assets

37.1%

59.7%

Leverage

Debt / equity

-0.80×

15.3%

Long-term debt / equity

1.18×

10.4%

Debt / assets

-391.4%

75.1%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$26.5M+3.7%$6.0M+97.5%22.6%

Q4 2025

2025-12-31

$119.7M-5.4%$7.7M+48.0%6.4%

Q3 2025

2025-09-30

$28.6M+1.8%$7.9M+67.6%27.7%

Q2 2025

2025-06-30

$27.4M+19.2%$7.7M+35.3%28.2%

Q1 2025

2025-03-31

$25.6M+2.9%$3.0M-0.1%11.9%

Q4 2024

2024-12-31

$126.5M$5.2M4.1%

Q3 2024

2024-09-30

$28.2M+11.7%$4.7M+45.3%16.8%

Q2 2024

2024-06-30

$23.0M-1.0%$5.7M+42.6%24.9%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Savings Institution, Federally Chartered · SIC 6035

No data yet for industry average

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Insider activity

Insider buying

$0

Insider selling

$6.1M

Net activity

−$6.1M

Distinct insiders

5

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-21

Mark Raymond Gerke

EVP/Chief Financial Officer

Sale10,000$18.34$183.4K
2026-02-18

Douglas S Gordon

Director

Sale2,880$18.11$52.2K
2026-02-06

Douglas S Gordon

Director

Sale6,765$18.27$123.6K
2026-02-05

Douglas S Gordon

Director

Sale18,716$18.25$341.6K
2026-02-04

Douglas S Gordon

Director

Sale15,000$18.55$278.3K
2026-02-04

Patrick S Lawton

Director

Sale19,255$18.64$358.9K
2026-02-03

Patrick S Lawton

Director

Sale30,000$18.53$555.9K
2026-02-02

Julie Ann Glynn

EVP/Chief Retail Officer

Sale20,000$18.17$363.4K
2026-02-02

Julie Ann Glynn

EVP/Chief Retail Officer

Sale929$18.69$17.4K
2025-10-27

Michael L Hansen

Director

Sale1,541$15.16$23.4K
2025-10-27

Michael L Hansen

Director

Sale79,872$15.16$1.2M
2025-08-13

Michael L Hansen

Director

Sale109,527$14.05$1.5M
2025-08-12

Michael L Hansen

Director

Sale35,290$13.92$491.2K
2025-08-11

Michael L Hansen

Director

Sale2,757$13.80$38.0K
2025-07-25

Michael L Hansen

Director

Sale100$13.80$1.4K
2025-07-25

Michael L Hansen

Director

Sale761$13.81$10.5K
2025-07-25

Michael L Hansen

Director

Sale100$13.82$1.4K
2025-07-24

Michael L Hansen

Director

Sale36,465$13.83$504.5K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns WSBF

Institutional value

$79.8M

Total shares held

4.4M

Distinct holders

64

-45 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.1.5M$27.2M-26.7K (-1.7%)Trimmed
2DIMENSIONAL FUND ADVISORS LP1.4M$25.5M-1.6K (-0.1%)Trimmed
3VANGUARD CAPITAL MANAGEMENT LLC700.2K$12.6MNew
4VANGUARD FIDUCIARY TRUST CO93.1K$1.7MNew
5VANGUARD PORTFOLIO MANAGEMENT LLC87.7K$1.6MNew
6Bank of New York Mellon Corp83.9K$1.5M-1.6K (-1.8%)Trimmed
7HSBC HOLDINGS PLC48.0K$873.8K-43.9K (-47.8%)Trimmed
8Connor, Clark & Lunn Investment Management Ltd.44.7K$806.8K-5.1K (-10.2%)Trimmed
9RITHOLTZ WEALTH MANAGEMENT43.6K$787.0K+22.0K (+101.7%)Added
10Nuveen, LLC43.6K$786.6K+335 (+0.8%)Added
11MARTINGALE ASSET MANAGEMENT L P38.2K$689.4K+18.8K (+96.9%)Added
12O'SHAUGHNESSY ASSET MANAGEMENT, LLC36.8K$664.2K+7.8K (+27.0%)Added
13STRS OHIO31.6K$569.7K-1.7K (-5.1%)Trimmed
14COMMONWEALTH EQUITY SERVICES, LLC23.4K$422.6K+0 (+0.0%)No change
15Mariner, LLC21.4K$385.3K+1.9K (+9.7%)Added
16JPMORGAN CHASE & CO21.1K$383.3K-20.5K (-49.4%)Trimmed
17Russell Investments Group, Ltd.19.9K$359.5K-4.8K (-19.3%)Trimmed
18RHUMBLINE ADVISERS19.1K$344.7K-1.5K (-7.3%)Trimmed
19Invesco Ltd.17.3K$311.4K-1.8K (-9.6%)Trimmed
20JANE STREET GROUP, LLC15.7K$282.7K-5.8K (-27.0%)Trimmed

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once WSBF's latest filing finishes processing.