Waterstone Finl Inc Md Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Waterstone Finl Inc Md's revenue grew 14.1% year-over-year to $113.2M, a solid pace of expansion. This earns a growth score of 69/100.
Waterstone Finl Inc Md has a moderate D/E ratio of 1.32. This balance of debt and equity financing earns a leverage score of 62/100.
Waterstone Finl Inc Md converts 41.5% of revenue into free cash flow ($47.0M). This strong cash generation earns a score of 100/100.
Waterstone Finl Inc Md generates a 5.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 22/100. This is up from 2.7% the prior year.
Waterstone Finl Inc Md passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Waterstone Finl Inc Md generates $2.57 in operating cash flow ($48.1M OCF vs $18.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
This page shows Waterstone Finl Inc Md (WSBF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Waterstone Finl Inc Md generated $113.2M in revenue in fiscal year 2024. This represents an increase of 14.1% from the prior year.
Waterstone Finl Inc Md generated $47.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 266.1% from the prior year.
Waterstone Finl Inc Md reported $18.7M in net income in fiscal year 2024. This represents an increase of 99.3% from the prior year.
Waterstone Finl Inc Md earned $1.01 per diluted share (EPS) in fiscal year 2024. This represents an increase of 119.6% from the prior year.
Waterstone Finl Inc Md held $35.2M in cash against $446.5M in long-term debt as of fiscal year 2024.
Waterstone Finl Inc Md paid $0.60 per share in dividends in fiscal year 2024. This represents a decrease of 14.3% from the prior year.
Waterstone Finl Inc Md had 19M shares outstanding in fiscal year 2024. This represents a decrease of 4.8% from the prior year.
Waterstone Finl Inc Md's net profit margin was 16.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 7.1 percentage points from the prior year.
Waterstone Finl Inc Md's ROE was 5.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.8 percentage points from the prior year.
Waterstone Finl Inc Md spent $14.9M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 42.7% from the prior year.
Waterstone Finl Inc Md invested $1.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 57.0% from the prior year.
WSBF Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $29.6M+3.0% | $28.7M+3.4% | $27.8M-4.5% | $29.1M+3.7% | $28.0M+4.1% | $26.9M+0.8% | $26.7M+1.2% | $26.4M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $14.8M-1.1% | $15.0M-1.3% | $15.2M-6.4% | $16.2M-6.5% | $17.3M+10.0% | $15.8M+5.6% | $14.9M+3.8% | $14.4M |
| Income Tax | $1.9M-1.2% | $1.9M+129.8% | $845K-15.2% | $996K-30.3% | $1.4M-17.3% | $1.7M+411.7% | -$555K-211.0% | $500K |
| Net Income | $7.9M+2.6% | $7.7M+154.5% | $3.0M-41.7% | $5.2M-8.8% | $5.7M+88.0% | $3.0M+7695.0% | -$40K-101.2% | $3.3M |
| EPS (Diluted) | $0.45+4.7% | $0.43+152.9% | $0.17-39.3% | $0.28-9.7% | $0.31+93.8% | $0.16 | $0.00-100.0% | $0.16 |
WSBF Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.3B+0.6% | $2.3B+3.7% | $2.2B-1.5% | $2.2B-3.5% | $2.3B+2.5% | $2.2B+1.0% | $2.2B-0.4% | $2.2B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $50.1M-20.7% | $63.2M+68.7% | $37.5M+6.5% | $35.2M-2.8% | $36.2M-12.5% | $41.3M+34.8% | $30.7M-45.0% | $55.8M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.9B+0.4% | $1.9B+4.4% | $1.8B-1.9% | $1.9B-4.3% | $2.0B+3.1% | $1.9B+1.5% | $1.9B-0.3% | $1.9B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $469.1M+0.7% | $465.7M+17.7% | $395.9M-11.3% | $446.5M-32.4% | $660.8M+4.2% | $634.2M+3.8% | $611.1M+3.9% | $587.9M |
| Total Equity | $345.5M+1.2% | $341.5M0.0% | $341.4M+0.7% | $339.1M+1.3% | $334.9M-0.9% | $338.0M-1.8% | $344.1M-0.7% | $346.3M |
| Retained Earnings | $287.9M+1.9% | $282.6M+1.8% | $277.5M+0.1% | $277.2M+1.6% | $272.8M+1.1% | $269.8M+0.1% | $269.6M-1.1% | $272.5M |
WSBF Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $32.7M+185.1% | -$38.4M-243.8% | $26.7M+14.1% | $23.4M+159.3% | -$39.5M-297.6% | -$9.9M-894.8% | -$999K-102.1% | $48.4M |
| Capital Expenditures | $295K+400.0% | $59K-77.7% | $265K-25.1% | $354K+119.9% | $161K-58.7% | $390K-6.5% | $417K+228.3% | $127K |
| Free Cash Flow | $32.4M+184.2% | -$38.5M-245.4% | $26.5M+14.7% | $23.1M+158.2% | -$39.7M-284.2% | -$10.3M-629.4% | -$1.4M-102.9% | $48.3M |
| Investing Cash Flow | -$56.0M-773.3% | -$6.4M-138.1% | $16.9M+130.8% | $7.3M+151.9% | -$14.1M-9543.2% | -$146K+99.0% | -$14.4M+59.4% | -$35.6M |
| Financing Cash Flow | $6.2M-91.5% | $72.5M+280.9% | -$40.1M-23.8% | -$32.4M-165.8% | $49.2M+153.9% | $19.4M+285.7% | -$10.4M+11.2% | -$11.7M |
| Dividends Paid | $2.6M-1.3% | $2.7M-2.7% | $2.7M-0.7% | $2.8M0.0% | $2.8M-6.4% | $2.9M-0.2% | $3.0M+0.3% | $2.9M |
| Share Buybacks | $3.8M-41.2% | $6.5M+104.7% | $3.2M+13.3% | $2.8M-51.5% | $5.8M+7.9% | $5.3M-13.6% | $6.2M-7.4% | $6.7M |
WSBF Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 26.8%-0.1pp | 26.9%+16.0pp | 10.9%-7.0pp | 17.9%-2.5pp | 20.4%+9.1pp | 11.3%+11.4pp | -0.1%-12.5pp | 12.3% |
| Return on Equity | 2.3%+0.0pp | 2.3%+1.4pp | 0.9%-0.7pp | 1.5%-0.2pp | 1.7%+0.8pp | 0.9% | N/A | 0.9% |
| Return on Assets | 0.4%+0.0pp | 0.3%+0.2pp | 0.1%-0.1pp | 0.2%-0.0pp | 0.3%+0.1pp | 0.1%+0.1pp | 0.0%-0.1pp | 0.1% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 1.360.0 | 1.36+0.2 | 1.16-0.2 | 1.32-0.7 | 1.97+0.1 | 1.88+0.1 | 1.78+0.1 | 1.70 |
| FCF Margin | 109.7%+243.9pp | -134.2%-229.6pp | 95.4%+16.0pp | 79.4%+221.0pp | -141.6%-103.2pp | -38.4%-33.1pp | -5.3%-188.4pp | 183.1% |
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Frequently Asked Questions
What is Waterstone Finl Inc Md's annual revenue?
Waterstone Finl Inc Md (WSBF) reported $113.2M in total revenue for fiscal year 2024. This represents a 14.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Waterstone Finl Inc Md's revenue growing?
Waterstone Finl Inc Md (WSBF) revenue grew by 14.1% year-over-year, from $99.2M to $113.2M in fiscal year 2024.
Is Waterstone Finl Inc Md profitable?
Yes, Waterstone Finl Inc Md (WSBF) reported a net income of $18.7M in fiscal year 2024, with a net profit margin of 16.5%.
What is Waterstone Finl Inc Md's earnings per share (EPS)?
Waterstone Finl Inc Md (WSBF) reported diluted earnings per share of $1.01 for fiscal year 2024. This represents a 119.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Waterstone Finl Inc Md have?
As of fiscal year 2024, Waterstone Finl Inc Md (WSBF) had $35.2M in cash and equivalents against $446.5M in long-term debt.
What is Waterstone Finl Inc Md's net profit margin?
Waterstone Finl Inc Md (WSBF) had a net profit margin of 16.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Waterstone Finl Inc Md pay dividends?
Yes, Waterstone Finl Inc Md (WSBF) paid $0.60 per share in dividends during fiscal year 2024.
What is Waterstone Finl Inc Md's return on equity (ROE)?
Waterstone Finl Inc Md (WSBF) has a return on equity of 5.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Waterstone Finl Inc Md's free cash flow?
Waterstone Finl Inc Md (WSBF) generated $47.0M in free cash flow during fiscal year 2024. This represents a 266.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Waterstone Finl Inc Md's operating cash flow?
Waterstone Finl Inc Md (WSBF) generated $48.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Waterstone Finl Inc Md's total assets?
Waterstone Finl Inc Md (WSBF) had $2.2B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Waterstone Finl Inc Md's capital expenditures?
Waterstone Finl Inc Md (WSBF) invested $1.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Waterstone Finl Inc Md buy back shares?
Yes, Waterstone Finl Inc Md (WSBF) spent $14.9M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Waterstone Finl Inc Md have outstanding?
Waterstone Finl Inc Md (WSBF) had 19M shares outstanding as of fiscal year 2024.
What is Waterstone Finl Inc Md's debt-to-equity ratio?
Waterstone Finl Inc Md (WSBF) had a debt-to-equity ratio of 1.32 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Waterstone Finl Inc Md's return on assets (ROA)?
Waterstone Finl Inc Md (WSBF) had a return on assets of 0.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Waterstone Finl Inc Md's Piotroski F-Score?
Waterstone Finl Inc Md (WSBF) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Waterstone Finl Inc Md's earnings high quality?
Waterstone Finl Inc Md (WSBF) has an earnings quality ratio of 2.57x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Waterstone Finl Inc Md?
Waterstone Finl Inc Md (WSBF) scores 63 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.