Waterstone Financial (NASDAQ:WSBF) Issues Quarterly Earnings Results

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%.

Several equities research analysts have recently issued reports on the company. BidaskClub raised Waterstone Financial from a “strong sell” rating to a “sell” rating in a report on Monday, February 5th. Sandler O’Neill set a $19.00 target price on Waterstone Financial and gave the company a “hold” rating in a research note on Wednesday, January 3rd.

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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.

Earnings History for Waterstone Financial (NASDAQ:WSBF)

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