NASDAQ · Banks - Regional · USD

Waterstone Financial, Inc. (WSBF) Stock Analysis

Waterstone Financial, Inc. (WSBF) is a Banks - Regional stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

WSBF

$19.62

−$0.22 (−1.11%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare WSBF with… →

WSBF Key Statistics

As of Oct 21, 2026

Trading

Open: $20.00
Previous Close: $19.84
Day's Range: 19.57–20.00
52-Week Range: 14.75–21.66
Volume: 45.41K
Beta: 0.74

Valuation

Market Cap: $352.71M
P/E Ratio: 11.34
Forward P/E: 19.43
P/S ratio: 2.34
EPS (ttm): 1.73

Financials (FY)

Revenue (FY): $138.93M+4.94%
Net Income (FY): $26.40M+41.28%
Profit margin: 20.00%
Shares Outstanding: 17.98M
1-Year Return: +35.90%

Dividend and dates

Dividend: $0.68+3.42%
Ex-Dividend Date: October 8, 2026
Earnings Date: October 22, 2026estimated
Avg Volume: 75.55K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, WSBF closed at $19.62, +35.90% over 1 year.

Waterstone Financial, Inc. (WSBF) has a market capitalization of $352.71M.

In fiscal 2025, WSBF reported revenue of $138.93M.

WSBF Stock Return by Calendar Year

Waterstone Financial, Inc. (WSBF) 10-year return: what $10,000 became

1 year: $10,000 $13,590; +35.90%
5 years: $10,000 $12,283; +22.83%
10 years: $10,000 $20,050; +100.50%

If you had invested $10,000 in Waterstone Financial, Inc. (WSBF) 10 years ago, at the close on October 21, 2016, it would have been worth $20,050 at the close on October 21, 2026: +100.50% in total, +7.20% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−15.76%+28.76%+21.78%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+21.78%
2025	+28.76%
2024	−0.88%
2023	−13.10%
2022	−15.76%
2021	+23.92%
2020	+7.24%
2019	+20.39%
2018	+4.01%
2017	−2.46%
2016 (partial year)	+16.64%

As of October 21, 2026.

WSBF Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$138.93M	$26.40M	19.0%
2024	$132.38M	$18.69M	14.1%
2023	$127.97M	$9.38M	7.3%
2022	$157.77M	$19.49M	12.4%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$138.93M	—	—	$26.40M	19.0%
2024	$132.38M	—	—	$18.69M	14.1%
2023	$127.97M	—	—	$9.38M	7.3%
2022	$157.77M	—	—	$19.49M	12.4%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

WSBF Dividend History

’17’18’19’20’21’22’23’24’25’26*

$0.60+0.0% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	$0.49	3	—
2025	$0.60	4	+0.0%
2024	$0.60	4	−20.0%
2023	$0.75	4	−42.3%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.49	3	—
2025	$0.60	4	+0.0%
2024	$0.60	4	−20.0%
2023	$0.75	4	−42.3%
2022	$1.30	4	+0.0%
2021	$1.30	5	+1.6%
2020	$1.28	6	+30.6%
2019	$0.98	5	+0.0%
2018	$0.98	5	+0.0%
2017	$0.98	5	—

Most recent payment: $0.16 per share, ex-dividend July 8, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

WSBF Valuation vs Banks - Regional Median

Median of 326 stocks

Metric	WSBF	Banks - Regional median	vs median
P/E	11.34	12.03	6% below
P/S ratio	2.34	3.58	35% below
Profit margin	20.00%	29.44%	9.4 pts below

Medians across 326 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Waterstone Financial, Inc. (WSBF) at $352.71M. The company sits in the Financial Services sector, in the Banks - Regional industry. Headcount on file is 593.

The most recent close on file for WSBF is $19.62, dated October 21, 2026. That is −$0.22 (−1.11%) against the previous close. The 52-week range on file runs from $14.75 to $21.66. The latest close sits 33.02% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $138.93M. Against the prior fiscal year total of $132.38M, that is a change of +4.94%. Net income for the same year was $26.40M. That is +41.28% against the prior fiscal year. The reported profit margin is 20%. That is 9.4 percentage points below the Banks - Regional median of 29.44%. Earnings per share on a trailing basis come to 1.73.

Across the 4 fiscal years on file, revenue moves from $157.77M in 2022 to $138.93M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

WSBF trades at a trailing price-to-earnings ratio of 11.34. That is 5.74% below the Banks - Regional median of 12.03. On forward earnings the ratio is 19.43. The price-to-sales ratio is 2.34. On price-to-sales that is 34.5% below the Banks - Regional median of 3.58. 326 Banks - Regional companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.74. Annualized volatility over the trailing 10 years is 25.08%. The trailing one-year total return is +35.90%. Across 10 years the annualized return works out at +7.20%.

Growth & Income

WSBF pays a dividend yielding 3.42%. That is 0.7 percentage points above the Banks - Regional median yield of 2.68%. At the indicated rate that is $0.68 a share a year. The ex-dividend date on file is October 8, 2026. Dividends are recorded for 10 calendar years; 2026 shows 3 payments totalling $0.49 a share. The year before, 2025, totalled $0.60 a share.

Across the complete calendar years on file, 2025 returned +28.76% and 2022 returned −15.76%. Of the 9 complete calendar years on file, 5 finished higher. 2026 is still running; the total return is +21.78% year to date.

Peer Comparison

Waterstone Financial, Inc. (WSBF) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Waterstone Financial, Inc.	WSBF	$352.71M	11.3
Mizuho Financial Group, Inc.	MFG	$120.84B	13.7
HDFC Bank Limited	HDB	$116.51B	14.6
Itaú Unibanco Holding S.A.	ITUB	$106.91B	12.4

The Banks - Regional industry average P/E ratio is 12.0x. Waterstone Financial, Inc. trades at a P/E of 11.3.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Banks - Regional Stocks

MFG

Mizuho Financial Group, Inc.

$120.84B

HDB

HDFC Bank Limited

$116.51B

ITUB

Itaú Unibanco Holding S.A.

$106.91B

IBN

ICICI Bank Limited

$106.04B

USB

U.S. Bancorp

$92.00B

PNC

The PNC Financial Services Group, Inc.

$88.92B

View all Banks - Regional stocks →

Popular Financial Services Stocks

BRK-B

Berkshire Hathaway Inc.

$1.11T

JPM

JPMorgan Chase & Co.

$890.13B

Visa Inc.

$765.68B

Mastercard Incorporated

$545.42B

BAC

Bank of America Corporation

$358.24B

View all Financial Services stocks →

About Waterstone Financial, Inc.

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, such as checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; investable funds solutions, such as 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. It also provides transaction deposits, interest bearing transaction accounts, demand deposits, non-interest-bearing demand accounts, and time deposits; secured and unsecured lines; commercial real estate construction loans; term loans for working capital, inventory, and general corporate use; and personal term loans and investment services. The Mortgage Banking segment offers residential mortgage loans for the purpose of sale in the secondary market. It also invests in a portfolio of securities comprising mortgage-backed securities, government-sponsored and private-label enterprise bonds, collateralized mortgage obligations, municipal obligations, and other debt securities. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. Waterstone Financial, Inc. was founded in 1921 and is based in Wauwatosa, Wisconsin.

Visit website →