Waterstone Financial (NASDAQ:WSBF) Issues Quarterly Earnings Results

Waterstone Financial (NASDAQ:WSBF) released its quarterly earnings results on Tuesday. The savings and loans company reported $0.28 EPS for the quarter, Zacks reports. Waterstone Financial had a net margin of 6.79% and a return on equity of 4.18%.

Waterstone Financial Stock Performance

Shares of NASDAQ:WSBF traded down $0.10 during trading on Tuesday, hitting $13.41. The stock had a trading volume of 31,365 shares, compared to its average volume of 54,771. Waterstone Financial has a 12-month low of $10.60 and a 12-month high of $16.86. The stock has a 50-day simple moving average of $13.96 and a two-hundred day simple moving average of $14.47. 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 stock has a market capitalization of $259.70 million, a price-to-earnings ratio of 18.36 and a beta of 0.65.

Waterstone Financial Dividend Announcement

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

Insider Activity

In other news, Director Stephen J. Schmidt sold 7,280 shares of Waterstone Financial stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $15.34, for a total transaction of $111,675.20. Following the completion of the transaction, the director now directly owns 70,078 shares of the company’s stock, valued at $1,074,996.52. The trade was a 9.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 17,544 shares of company stock valued at $274,113 in the last ninety days. Insiders own 8.30% of the company’s stock.

Waterstone Financial Company Profile

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.