WSBF · Waterstone Financial, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $1.60M | $1.60M | $1.70M | $1.80M | $6.05M | $5.61M |
| Operating Income | $33.45M | $24.00M | $11.03M | $24.48M | $108.12M | $108.12M |
| Interest Expense | - | - | $48.99M | $13.29M | $14.37M | $24.98M |
| Income Tax | $7.04M | $5.31M | $1.66M | $4.99M | $21.32M | $26.97M |
| Net Income | $26.40M | $18.69M | $9.38M | $19.49M | $70.79M | $81.14M |
| EPS - Basic | $1.48 | $1.01 | $0.47 | $0.89 | $2.98 | $3.32 |
| EPS - Diluted | $1.48 | $1.01 | $0.46 | $0.89 | $2.96 | $3.30 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $63.56M | $35.18M | $30.67M | $33.70M | $376.72M | $94.77M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $2.26B | $2.21B | $2.21B | $2.03B | $2.22B | $2.18B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $412.26M | $446.52M | $611.05M | $386.78M | $477.13M | $508.07M |
| Total Liabilities | $1.91B | $1.87B | $1.87B | $1.66B | $1.78B | $1.77B |
| Stockholders' Equity | $349.39M | $339.13M | $344.06M | $370.49M | $432.77M | $413.12M |
| Retained Earnings | $292.96M | $277.20M | $269.61M | $274.25M | $273.40M | $245.29M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $24.18M | $48.06M | ($27.58M) | $206.66M | $154.45M | ($100.57M) |
| Investing Cash Flow | ($8.74M) | ($23.96M) | ($159.22M) | ($335.74M) | $147.62M | $44.18M |
| Financing Cash Flow | $15.91M | ($20.76M) | $176.58M | ($201.00M) | ($20.12M) | $76.86M |
| CapEx | $1.17M | $1.10M | $700.0K | $701.0K | $778.0K | $1.23M |
| Free Cash Flow | $23.02M | $46.96M | ($28.28M) | $205.96M | $153.68M | ($101.79M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 0.87 | 2.51 | -3.02 | 10.57 | 2.17 | -1.25 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 21.1% | 22.1% | 15.0% | 20.4% | 23.1% | 24.9% |
| Return on assets | 1.2% | 0.8% | 0.4% | 1.0% | 3.2% | 3.7% |
| Return on equity | 7.6% | 5.5% | 2.7% | 5.3% | 16.4% | 19.6% |
| Return on invested capital | 3.5% | 2.4% | 1.0% | 2.6% | 9.1% | 8.8% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 1.18 | 1.32 | 1.78 | 1.04 | 1.10 | 1.23 |
| Debt / Assets | 0.18 | 0.20 | 0.28 | 0.19 | 0.22 | 0.23 |
| Debt / EBITDA | 11.76 | 17.44 | 47.99 | 14.72 | 4.18 | 4.47 |
| Interest coverage | - | - | 0.2x | 1.8x | 7.5x | 4.3x |
| Equity multiplier | 6.47 | 6.52 | 6.43 | 5.48 | 5.12 | 5.29 |
| Liabilities / Assets | 0.85 | 0.85 | 0.84 | 0.82 | 0.80 | 0.81 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 11.2x | 13.3x | 30.9x | 19.4x | 7.4x | 5.7x |
| P / B | 0.8x | 0.7x | 0.8x | 1.0x | 1.2x | 1.1x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | 18.4x | 25.8x | 68.1x | 27.9x | 5.5x | 7.7x |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 39.3% | 117.6% | -54.9% | -77.4% | 0.0% | 127.3% |
| Net income growth (YoY) | 41.3% | 99.3% | -51.9% | -72.5% | -12.8% | 126.0% |
| EPS growth (YoY) | 46.5% | 119.6% | -48.3% | -69.9% | -10.3% | 140.9% |
| EPS CAGR (3y) | 18.5% | -30.1% | -48.2% | -13.4% | 38.7% | 52.5% |
| EPS CAGR (5y) | -14.8% | -5.9% | -16.2% | -0.9% | 26.1% | 42.6% |
| FCF growth (YoY) | -51.0% | - | - | 34.0% | - | -134.9% |
| FCF CAGR (5y) | - | - | - | 14.3% | - | - |
| Book value growth (YoY) | 3.0% | -1.4% | -7.1% | -14.4% | 4.8% | 4.9% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Savings Institution, Federally Chartered
Comparing Waterstone Financial against the 5 most active filers in the same SIC group.
Dividends
$0.62/share trailing 12 months · +3.3% YoY
| Ex-date | Per share |
|---|---|
| Apr 8, 2026 | $0.1700 |
| Jan 8, 2026 | $0.1500 |
| Oct 8, 2025 | $0.1500 |
| Jul 8, 2025 | $0.1500 |
| Apr 8, 2025 | $0.1500 |
| Jan 8, 2025 | $0.1500 |
| Oct 8, 2024 | $0.1500 |
| Jul 8, 2024 | $0.1500 |
| Apr 5, 2024 | $0.1500 |
| Jan 5, 2024 | $0.1500 |
| Oct 5, 2023 | $0.1500 |
| Jul 7, 2023 | $0.2000 |
| Apr 6, 2023 | $0.2000 |
| Jan 6, 2023 | $0.2000 |
| Oct 6, 2022 | $0.2000 |
| Jul 8, 2022 | $0.2000 |
| Apr 8, 2022 | $0.2000 |
| Jan 7, 2022 | $0.7000 |
| Oct 7, 2021 | $0.2000 |
| Jul 9, 2021 | $0.2000 |
| Jun 10, 2021 | $0.5000 |
| Apr 9, 2021 | $0.2000 |
| Jan 8, 2021 | $0.2000 |
| Nov 30, 2020 | $0.3000 |