Waterstone Financial (NASDAQ:WSBF) Posts Earnings Results

Waterstone Financial (NASDAQ:WSBF) released its earnings results on Tuesday. The savings and loans company reported $0.28 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 Trading Down 0.7 %

Shares of NASDAQ WSBF traded down $0.10 during trading on Tuesday, hitting $13.41. 31,365 shares of the company traded hands, compared to its average volume of 54,771. The firm has a market capitalization of $259.70 million, a P/E ratio of 18.36 and a beta of 0.65. Waterstone Financial has a 1 year low of $10.60 and a 1 year high of $16.86. 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 company has a 50-day moving average price of $13.96 and a 200-day moving average price of $14.47.

Waterstone Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 8th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend is Wednesday, January 8th. Waterstone Financial’s dividend payout ratio (DPR) is 82.19%.

Insider Transactions at Waterstone Financial

In other news, Director Stephen J. Schmidt sold 4,209 shares of Waterstone Financial stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $16.04, for a total transaction of $67,512.36. Following the sale, the director now directly owns 70,078 shares of the company’s stock, valued at approximately $1,124,051.12. The trade was a 5.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders sold 17,544 shares of company stock worth $274,113. 8.30% of the stock is currently owned by company 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.