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 earnings per share (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

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

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 given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.48%. Waterstone Financial’s dividend payout ratio (DPR) is currently 82.19%.

Insiders Place Their Bets

In other Waterstone Financial news, Director Stephen J. Schmidt sold 2,687 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $15.80, for a total transaction of $42,454.60. Following the transaction, the director now directly owns 70,078 shares in the company, valued at approximately $1,107,232.40. This represents a 3.69 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last ninety days, insiders sold 17,544 shares of company stock worth $274,113. Company insiders own 8.30% of the company’s stock.

Waterstone Financial Company Profile

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.