Waterstone Financial (WSBF) Issues Quarterly Earnings Results

Waterstone Financial (NASDAQ:WSBF) issued its quarterly earnings results on Tuesday. The savings and loans company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21, Zacks reports. Waterstone Financial had a return on equity of 7.11% and a net margin of 15.14%.

Shares of Waterstone Financial (NASDAQ:WSBF) traded down $0.08 during mid-day trading on Wednesday, hitting $17.07. The stock had a trading volume of 28,700 shares, compared to its average volume of 59,572. Waterstone Financial has a one year low of $16.90 and a one year high of $20.40. The firm has a market cap of $507.22, a PE ratio of 16.38 and a beta of 0.08. The company has a current ratio of 1.58, a quick ratio of 1.40 and a debt-to-equity ratio of 1.06.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 2nd. Stockholders of record on Friday, January 12th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Thursday, January 11th. Waterstone Financial’s dividend payout ratio (DPR) is presently 45.71%.

Several brokerages have recently issued reports on WSBF. Sandler O’Neill set a $19.00 price target on Waterstone Financial and gave the company a “hold” rating in a research report on Wednesday, January 3rd. BidaskClub cut Waterstone Financial from a “sell” rating to a “strong sell” rating in a research report on Friday, December 29th.

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Waterstone Financial Company Profile

Waterstone Financial, Inc is the holding company of WaterStone Bank SSB (WaterStone Bank). WaterStone Bank is a community bank. The Company operates in two segments: community banking and mortgage banking. The community banking segment provides consumer and business banking products and services. Its consumer products include loan products, deposit products, and personal investment services.

Earnings History for Waterstone Financial (NASDAQ:WSBF)

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