Waterstone Financial (NASDAQ:WSBF) released its earnings results on Tuesday, January 30th. The savings and loans company reported $0.21 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.21, Zacks reports. Waterstone Financial had a return on equity of 6.97% and a net margin of 13.56%. The company had revenue of $41.51 million for the quarter.
Shares of Waterstone Financial (NASDAQ:WSBF) remained flat at $$17.15 during midday trading on Thursday. 54,100 shares of the company traded hands, compared to its average volume of 63,315. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.58 and a quick ratio of 1.40. The stock has a market cap of $505.94, a PE ratio of 16.65 and a beta of 0.12. Waterstone Financial has a 12-month low of $16.60 and a 12-month high of $20.40.
The company also recently declared a quarterly dividend, which was paid on Friday, February 2nd. Investors of record on Friday, January 12th were issued a $0.12 dividend. The ex-dividend date of this dividend was Thursday, January 11th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.80%. Waterstone Financial’s payout ratio is 51.61%.
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About Waterstone Financial
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.
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