Waterstone Financial, Inc. WSBF
Statements regarding our business plans, prospects, growth and operating strategies;
Estimates of our risks and future costs and benefits.
general economic conditions, either nationally or in our market area, including employment prospects, that are different than expected;
competition among depository and other financial institutions, including with respect to overdraft fees;
Last close
21.52
2026-09-04
Market cap
$386.8M
2026-06-30 share count
52-week range
14.52 - 21.59
Valuation FY2025 figures against the last close
P/S3.3x
P/E14.5x
P/FCF16.8x
EV/EBITDA—
Dividend yield2.8%
Diluted EPS1.48
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $116.1M | $113.2M | $99.2M | $70.2M | $69.9M | $78.5M | $79.7M | $73.7M | $67.1M | $63.7M |
| Interest expense | $56.7M | $46.2M | $50.2M | $57.0M | $14.4M | $25.0M | $27.5M | $19.5M | $16.4M | $20.3M |
| Pre-tax income | $33.4M | $24.0M | $11.0M | $24.5M | $92.1M | $108.1M | $47.6M | $40.3M | $44.4M | $42.0M |
| Income tax | $7.0M | $5.3M | $1.7M | $5.0M | $21.3M | $27.0M | $11.7M | $9.5M | $18.5M | $16.5M |
| Net income | $26.4M | $18.7M | $9.4M | $19.5M | $70.8M | $81.1M | $35.9M | $30.8M | $26.0M | $25.5M |
| EPS, basic | 1.48 | 1.01 | 0.47 | 0.89 | 2.98 | 3.32 | 1.38 | 1.12 | 0.95 | 0.94 |
| EPS, diluted | 1.48 | 1.01 | 0.46 | 0.89 | 2.96 | 3.30 | 1.37 | 1.11 | 0.93 | 0.93 |
| Shares, diluted (wtd. avg.) | $17.9M | $18.6M | $20.2M | $22.0M | $23.9M | $24.6M | $26.2M | $27.6M | $27.9M | $27.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | — | — | $376.7M | $94.8M | $74.3M | $86.1M | $48.6M | $47.2M |
| Property, plant and equipment | $18.9M | $19.4M | $20.0M | $21.1M | $22.3M | $23.7M | $25.0M | $24.5M | $22.9M | $23.7M |
| Total assets | $2.26B | $2.21B | $2.21B | $2.03B | $2.22B | $2.18B | $2.00B | $1.92B | $1.81B | $1.79B |
| Short-term debt | — | — | $147.1M | $1.1M | — | $29.0M | — | — | — | $8.2M |
| Long-term debt | $412.3M | $446.5M | $611.1M | $386.8M | $477.1M | $508.1M | $483.6M | $435.0M | $386.3M | $387.2M |
| Total liabilities | $1.91B | $1.87B | $1.87B | $1.66B | $1.78B | $1.77B | $1.60B | $1.52B | $1.39B | $1.38B |
| Retained earnings | $293.0M | $277.2M | $269.6M | $274.2M | $273.4M | $245.3M | $197.4M | $187.2M | $183.4M | $184.6M |
| Total equity | $349.4M | $339.1M | $344.1M | $370.5M | $432.8M | $413.1M | $393.7M | $399.7M | $412.1M | $410.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $24.2M | $48.1M | -$27.6M | $206.7M | $142.0M | -$93.6M | -$40.2M | $41.5M | $107.1M | -$24.1M |
| Depreciation and amortisation | $2.5M | $2.5M | $3.3M | $4.0M | $6.0M | $5.6M | $4.7M | $4.7M | $2.0M | $2.6M |
| Stock-based compensation | $297.0K | $316.0K | $277.0K | $583.0K | $745.0K | $716.0K | $1.1M | $1.8M | $1.9M | $1.9M |
| Capital expenditure | $1.2M | $1.1M | $700.0K | $701.0K | $778.0K | $1.2M | $3.1M | $4.0M | $1.6M | $1.1M |
| Investing cash flow | -$8.7M | -$24.0M | -$159.2M | -$335.7M | $160.1M | $37.2M | -$1.2M | -$78.4M | -$94.9M | -$25.0M |
| Financing cash flow | $15.9M | -$20.8M | $176.6M | -$201.0M | -$20.1M | $76.9M | $29.6M | $74.4M | -$10.8M | -$4.2M |
| Dividends paid | $10.8M | $11.3M | $15.4M | $30.3M | $30.4M | $31.5M | $26.0M | $27.1M | $27.0M | $6.9M |
| Buybacks | $16.2M | $14.9M | $26.0M | $47.8M | $10.2M | $36.2M | $22.8M | $19.2M | $2.2M | $3.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-011833.
Others in SIC 6035
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|---|---|---|---|---|
| AX | Axos Financial, Inc. | $5.56B | 11.6x | 23.5% |
| EBC | Eastern Bankshares, Inc. | $5.08B | 51.7x | 19.1% |
| TFSL | TFS Financial CORP | $4.93B | 54.9x | 4.0% |
| BKU | BankUnited, Inc. | $3.30B | 13.1x | 7.4% |
| PFS | PROVIDENT FINANCIAL SERVICES INC | $3.09B | 10.6x | 7.1% |
| CFFN | Capitol Federal Financial, Inc. | $1.11B | 17.1x | 6.5% |
| HTB | HomeTrust Bancshares, Inc. | $788.8M | 12.7x | -2.1% |
| KRNY | Kearny Financial Corp. | $657.7M | 17.8x | -0.1% |