Company research
Waterstone Financial, Inc.
CIK 1569994Updated Sep 26, 2026
SecurityWSBF · NASDAQ · equity
WSBF price & chart
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NASDAQ:WSBF on TradingView ↗In the news
Waterstone Financial Declares Regular Quarterly Cash Dividend ↗
Recent filings
Other Events
Items 8.01
4 filing
144 filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Other Events
Items 8.01
11-K filing
Submission of Matters to a Vote of Security Holders
Items 5.07
10-Q filing
Other Events
Items 8.01
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,259,507,000Source | 2,209,608,000Source | 2,213,389,000Source | 2,031,672,000Source |
| Property, Plant and Equipment, NetUSD | 18,855,000Source | 19,389,000Source | 19,995,000Source | 21,105,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,910,115,000Source | 1,870,473,000Source | 1,869,333,000Source | 1,661,186,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 184,000Source | 193,000Source | 203,000Source | 222,000Source |
| Additional Paid in CapitalUSD | 78,014,000Source | 91,214,000Source | 103,908,000Source | 128,550,000Source |
| Retained Earnings (Accumulated Deficit)USD | 292,957,000Source | 277,196,000Source | 269,606,000Source | 274,246,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -12,267,000Source | -18,786,000Source | -17,792,000Source | -19,476,000Source |
| Stockholders' Equity Attributable to ParentUSD | 349,392,000Source | 339,135,000Source | 344,056,000Source | 370,486,000Source |
| Liabilities and EquityUSD | 2,259,507,000Source | 2,209,608,000Source | 2,213,389,000Source | 2,031,672,000Source |
| Additional Financial Items | ||||
| Long-term DebtUSD | 412,258,000Source | 446,519,000Source | 611,054,000Source | 386,784,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 297,000Source | 316,000Source | 277,000Source | 583,000Source |
| Deferred Income Tax Expense (Benefit)USD | 714,000Source | 980,000Source | -1,073,000Source | -484,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 24,183,000Source | 48,063,000Source | -27,577,000Source | 206,665,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -8,745,000Source | -23,963,000Source | -159,224,000Source | -335,742,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,165,000Source | 1,099,000Source | 700,000Source | 701,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 16,209,000Source | 14,915,000Source | 26,032,000Source | 47,830,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 15,908,000Source | -20,760,000Source | 176,580,000Source | -201,003,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 10,768,000Source | 11,268,000Source | 15,363,000Source | 30,260,000Source |
| Repayments of Long-term DebtUSD | 90,000,000Source | 175,000,000Source | 304,000,000Source | 470,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 31,346,000Source | 3,340,000Source | -10,221,000Source | -330,080,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 59,156,000Source | 66,273,000Source | 47,738,000Source | 12,892,000Source |
| Income Taxes Paid, NetUSD | 5,013,000Source | -881,000Source | 1,169,000Source | 4,090,000Source |
| Additional Financial Items | ||||
| Bank Owned Life Insurance IncomeUSD | 2,561,000Source | 1,969,000Source | 1,710,000Source | 1,738,000Source |
| DepreciationUSD | 1,600,000Source | 1,600,000Source | 1,700,000Source | 1,800,000Source |
| Depreciation, Amortization and Accretion, NetUSD | 2,549,000Source | 2,474,000Source | 3,301,000Source | 4,033,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | 80,719,000Source | 83,808,000Source | 71,378,000Source | 76,156,000Source |
| Gain (Loss) on Sales of Mortgage Backed Securities (MBS)USD | — | 152,000Source | 583,000Source | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 7,043,000Source | 5,314,000Source | 1,657,000Source | 4,992,000Source |
| Net Income (Loss) Attributable to ParentUSD | 26,402,000Source | 18,688,000Source | 9,375,000Source | 19,487,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 130,000,000Source | 170,000,000Source | 259,000,000Source | 200,000,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 11,470,000Source | 7,470,000Source | 3,966,000Source | 17,555,000Source |
| Proceeds from Stock Options ExercisedUSD | 2,405,000Source | 1,662,000Source | 820,000Source | 564,000Source |
| Provision for Loan, Lease, and Other LossesUSD | -1,394,000Source | -168,000Source | 656,000Source | 968,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | -891,000Source | -342,000Source | 927,000Source | 1,030,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 33,445,000Source | 24,002,000Source | 11,032,000Source | 24,479,000Source |
| Income Tax Expense (Benefit)USD | 7,043,000Source | 5,314,000Source | 1,657,000Source | 4,992,000Source |
| Net Income (Loss) Attributable to ParentUSD | 26,402,000Source | 18,688,000Source | 9,375,000Source | 19,487,000Source |
| Earnings Per Share, BasicUSD per share | 1.48Source | 1.01Source | 0.47Source | 0.89Source |
| Earnings Per Share, DilutedUSD per share | 1.48Source | 1.01Source | 0.46Source | 0.89Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 17,837,000Source | 18,556,000Source | 20,158,000Source | 21,884,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 17,867,000Source | 18,589,000Source | 20,196,000Source | 22,010,000Source |
| Additional Financial Items | ||||
| Bank Owned Life Insurance IncomeUSD | 2,561,000Source | 1,969,000Source | 1,710,000Source | 1,738,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.6Source | 0.6Source | 0.7Source | 0.8Source |
| Current Income Tax Expense (Benefit)USD | 6,329,000Source | 3,817,000Source | 2,730,000Source | 5,476,000Source |
| Gain (Loss) on Sales of Mortgage Backed Securities (MBS)USD | — | 152,000Source | 583,000Source | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | 0Source | 0Source |
| Interest ExpenseUSD | — | — | 48,993,000Source | 13,291,000Source |
| InterestExpenseOperatingUSD | 59,374,000Source | 67,000,000Source | — | — |
| Interest Income (Expense), NetUSD | 56,734,000Source | 46,168,000Source | 50,215,000Source | 56,954,000Source |
| Labor and Related ExpenseUSD | 79,619,000Source | 81,078,000Source | 84,096,000Source | 99,565,000Source |