Waterstone Financial (NASDAQ:WSBF) Releases Quarterly Earnings Results

Waterstone Financial (NASDAQ:WSBF) announced its quarterly earnings data on Tuesday. The savings and loans company reported $0.28 EPS for the quarter, Zacks reports. Waterstone Financial had a return on equity of 4.18% and a net margin of 6.79%.

Waterstone Financial Price Performance

WSBF stock opened at $14.21 on Thursday. Waterstone Financial has a one year low of $10.60 and a one year high of $16.86. The firm has a 50-day moving average of $13.91 and a two-hundred day moving average of $14.47. The firm has a market capitalization of $275.23 million, a PE ratio of 19.17 and a beta of 0.65. The company has a current ratio of 1.48, a quick ratio of 1.36 and a debt-to-equity ratio of 1.64.

Waterstone Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 8th will be issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, January 8th. This represents a $0.60 annualized dividend and a yield of 4.22%. Waterstone Financial’s payout ratio is presently 82.19%.

Insider Transactions at Waterstone Financial

In other news, Director Stephen J. Schmidt sold 4,209 shares of Waterstone Financial stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $16.04, for a total transaction of $67,512.36. Following the transaction, the director now owns 70,078 shares in the company, valued at approximately $1,124,051.12. The trade was a 5.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 17,544 shares of company stock valued at $274,113 over the last ninety days. Corporate insiders own 8.30% of the company’s stock.

About Waterstone Financial

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, including checking accounts, online banking and bill pay services, money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising 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.