Waterstone Financial (NASDAQ:WSBF) Posts Quarterly Earnings Results

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

Waterstone Financial Trading Down 0.7 %

Shares of WSBF stock opened at $13.41 on Wednesday. Waterstone Financial has a twelve month low of $10.60 and a twelve month high of $16.86. The stock’s fifty day simple moving average is $13.93 and its 200 day simple moving average is $14.47. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 1.64. The firm has a market capitalization of $259.65 million, a P/E ratio of 18.36 and a beta of 0.65.

Waterstone Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 8th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date is Wednesday, January 8th. Waterstone Financial’s payout ratio is 82.19%.

Insider Buying and Selling at Waterstone Financial

In other Waterstone Financial news, Director Stephen J. Schmidt sold 4,209 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $16.04, for a total value of $67,512.36. Following the completion of the transaction, the director now directly owns 70,078 shares in the company, valued at approximately $1,124,051.12. This represents a 5.67 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last three months, insiders sold 17,544 shares of company stock worth $274,113. 8.30% of the stock is currently owned by insiders.

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.