Waterstone Finl Inc Md Financials
Waterstone Finl Inc Md (WSBF) reported $116.1M in revenue for fiscal year 2025, up 2.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Profitability recovery is being driven by lower funding costs and a lighter balance sheet, not by rapid revenue growth.
From FY2023 to FY2025, ROA rose from0.4% to1.2% , even though total assets barely moved, which means the same balance sheet is earning more. At the same time, debt-to-equity fell from 1.8x to 1.2x, so the earnings rebound came with less leverage rather than by stretching the balance sheet harder.
Between FY2024 and FY2025, revenue added only
Liquidity improved while deleveraging continued: cash and equivalents climbed to
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Waterstone Finl Inc Md's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Waterstone Finl Inc Md passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Waterstone Finl Inc Md generates $0.92 in operating cash flow ($24.2M OCF vs $26.4M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Waterstone Finl Inc Md generated $116.1M in revenue in fiscal year 2025. This represents an increase of 2.6% from the prior year.
Waterstone Finl Inc Md reported $26.4M in net income in fiscal year 2025. This represents an increase of 41.3% from the prior year.
Waterstone Finl Inc Md earned $1.48 per diluted share (EPS) in fiscal year 2025. This represents an increase of 46.5% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Waterstone Finl Inc Md generated $23.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 51.0% from the prior year.
Waterstone Finl Inc Md held $63.6M in cash against $412.3M in long-term debt as of fiscal year 2025.
Waterstone Finl Inc Md paid $0.60 per share in dividends in fiscal year 2025. That is unchanged from the prior year.
Margins & Returns
Waterstone Finl Inc Md's net profit margin was 22.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 6.2 percentage points from the prior year.
Waterstone Finl Inc Md's ROE was 7.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.0 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Waterstone Finl Inc Md spent $16.2M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 8.7% from the prior year.
Waterstone Finl Inc Md invested $1.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 6.0% from the prior year.
Not reported for fiscal year 2025.
WSBF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $118.3M | $116.1M+2.6% | $113.2M+14.1% | $99.2M+41.2% | $70.2M+0.5% | $69.9M-11.0% | $78.5M-1.6% | $79.7M+8.2% | $73.7M+9.8% | $67.1M+5.3% | $63.7M+2.9% | $62.0M-2.6% | $63.6M+1.2% | $62.9M-10.0% | $69.8M-12.0% | $79.4M |
| SG&A Expenses | $83.3M | $79.6M-1.8% | $81.1M-3.6% | $84.1M-15.5% | $99.6M-26.3% | $135.1M-2.8% | $139.0M+36.7% | $101.7M+4.0% | $97.8M+0.7% | $97.1M+2.1% | $95.1M+16.3% | $81.8M+18.2% | $69.2M+0.5% | $68.8M+8.3% | $63.5M+62.2% | $39.2M |
| Interest Expense | $56.3M | $59.4M-11.4% | $67.0M+36.8% | $49.0M+268.6% | $13.3M-7.5% | $14.4M-42.5% | $25.0M-9.3% | $27.5M+41.1% | $19.5M+19.3% | $16.4M-19.4% | $20.3M-12.2% | $23.1M+3.5% | $22.3M-5.6% | $23.7M-15.2% | $27.9M-15.0% | $32.8M |
| Income Tax | $8.0M | $7.0M+32.5% | $5.3M+220.7% | $1.7M-66.8% | $5.0M-76.6% | $21.3M-21.0% | $27.0M+131.1% | $11.7M+22.5% | $9.5M-48.4% | $18.5M+12.2% | $16.5M+78.0% | $9.2M+28.9% | $7.2M-16.8% | $8.6M+170.6% | -$12.2M-2271.5% | $562K |
| Net Income | $30.1M | $26.4M+41.3% | $18.7M+99.3% | $9.4M-51.9% | $19.5M-72.5% | $70.8M-12.8% | $81.1M+126.0% | $35.9M+16.7% | $30.8M+18.4% | $26.0M+1.7% | $25.5M+54.1% | $16.6M+30.1% | $12.7M-13.4% | $14.7M-57.9% | $34.9M+567.2% | -$7.5M |
| EPS (Diluted) | — | $1.48+46.5% | $1.01+119.6% | $0.46-48.3% | $0.89-69.9% | $2.96-10.3% | $3.30+140.9% | $1.37+23.4% | $1.11+19.4% | $0.930.0% | $0.93+66.1% | $0.56+47.4% | $0.38-11.6% | $0.43-57.8% | $1.02+563.6% | -$0.22 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
WSBF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.3B+2.3% | $2.2B-0.2% | $2.2B+8.9% | $2.0B-8.3% | $2.2B+1.4% | $2.2B+9.4% | $2.0B+4.2% | $1.9B+6.0% | $1.8B+0.9% | $1.8B+1.6% | $1.8B-1.2% | $1.8B-8.4% | $1.9B+17.2% | $1.7B-3.0% | $1.7B |
| Cash & Equivalents | $63.6M+80.7% | $35.2M+14.7% | $30.7M-9.0% | $33.7M-91.1% | $376.7M+297.5% | $94.8M+27.5% | $74.3M-13.7% | $86.1M+77.1% | $48.6M+2.9% | $47.2M-53.0% | $100.5M-41.9% | $172.8M-59.7% | $429.2M+500.5% | $71.5M-11.1% | $80.4M |
| Total Liabilities | $1.9B+2.1% | $1.9B+0.1% | $1.9B+12.5% | $1.7B-6.8% | $1.8B+0.7% | $1.8B+10.5% | $1.6B+5.7% | $1.5B+8.7% | $1.4B+1.0% | $1.4B+0.7% | $1.4B+2.8% | $1.3B-23.1% | $1.7B+18.8% | $1.5B-5.7% | $1.5B |
| Long-Term Debt | $412.3M-7.7% | $446.5M-26.9% | $611.1M+58.0% | $386.8M-18.9% | $477.1M-6.1% | $508.1M+5.1% | $483.6M+11.2% | $435.0M+12.6% | $386.3M-0.2% | $387.2M-12.3% | $441.2M+1.7% | $434.0M0.0% | $434.0M0.0% | $434.0M | N/A |
| Total Equity | $349.4M+3.0% | $339.1M-1.4% | $344.1M-7.1% | $370.5M-14.4% | $432.8M+4.8% | $413.1M+4.9% | $393.7M-1.5% | $399.7M-3.0% | $412.1M+0.3% | $410.7M+4.8% | $391.9M-13.0% | $450.2M+109.9% | $214.5M+5.8% | $202.6M+21.8% | $166.4M |
| Retained Earnings | $293.0M+5.7% | $277.2M+2.8% | $269.6M-1.7% | $274.2M+0.3% | $273.4M+11.5% | $245.3M+24.3% | $197.4M+5.5% | $187.2M+2.1% | $183.4M-0.7% | $184.6M+9.8% | $168.1M+6.9% | $157.3M+4.0% | $151.2M+10.8% | $136.5M | N/A |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities.
WSBF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $44.7M | $24.2M-49.7% | $48.1M+274.3% | -$27.6M-113.3% | $206.7M+45.5% | $142.0M+251.7% | -$93.6M-132.7% | -$40.2M-196.9% | $41.5M-61.2% | $107.1M+545.1% | -$24.1M-85.2% | -$13.0M-486.2% | -$2.2M-104.2% | $52.3M+742.5% | -$8.1M-123.2% | $35.1M |
| Capital Expenditures | $2.0M | $1.2M+6.0% | $1.1M+57.0% | $700K-0.1% | $701K-9.9% | $778K-36.5% | $1.2M-60.7% | $3.1M-21.4% | $4.0M+151.2% | $1.6M+45.3% | $1.1M-63.4% | $3.0M+52.2% | $1.9M-63.6% | $5.4M+220.2% | $1.7M+64.0% | $1.0M |
| Free Cash Flow | $42.8M | $23.0M-51.0% | $47.0M+266.1% | -$28.3M-113.7% | $206.0M+45.8% | $141.2M+249.0% | -$94.8M-118.8% | -$43.3M-215.4% | $37.5M-64.4% | $105.5M+519.6% | -$25.1M-57.6% | -$16.0M-283.1% | -$4.2M-108.9% | $46.9M+578.3% | -$9.8M-128.8% | $34.1M |
| Investing Cash Flow | -$33.7M | -$8.7M+63.5% | -$24.0M+85.0% | -$159.2M+52.6% | -$335.7M-309.8% | $160.1M+330.4% | $37.2M+3328.4% | -$1.2M+98.5% | -$78.4M+17.3% | -$94.9M-279.0% | -$25.0M-55.2% | -$16.1M+78.6% | -$75.2M-412.6% | $24.1M-73.7% | $91.5M+48.9% | $61.5M |
| Financing Cash Flow | -$43.8M | $15.9M+176.6% | -$20.8M-111.8% | $176.6M+187.8% | -$201.0M-899.2% | -$20.1M-126.2% | $76.9M+159.9% | $29.6M-60.3% | $74.4M+787.2% | -$10.8M-160.2% | -$4.2M+90.4% | -$43.2M+75.8% | -$178.9M-163.6% | $281.3M+404.8% | -$92.3M-0.9% | -$91.5M |
| Dividends Paid | $10.8M | $10.8M-4.4% | $11.3M-26.7% | $15.4M-49.2% | $30.3M-0.4% | $30.4M-3.6% | $31.5M+21.4% | $26.0M-4.0% | $27.1M+0.4% | $27.0M+289.6% | $6.9M+17.9% | $5.9M | N/A | N/A | N/A | N/A |
| Share Buybacks | $14.6M | $16.2M+8.7% | $14.9M-42.7% | $26.0M-45.6% | $47.8M+370.0% | $10.2M-71.9% | $36.2M+59.2% | $22.8M+18.6% | $19.2M+776.5% | $2.2M-43.2% | $3.9M-94.7% | $72.7M | $0 | N/A | N/A | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
WSBF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 22.7%+6.2pp | 16.5%+7.1pp | 9.4%-18.3pp | 27.7% | 101.3% | 103.4% | 45.0%+3.3pp | 41.7%+3.0pp | 38.7%-1.4pp | 40.1%+13.3pp | 26.7%+6.7pp | 20.0%-3.4pp | 23.4%-26.6pp | 50.0%+59.4pp | -9.4% |
| Return on Equity | 7.6%+2.0pp | 5.5%+2.8pp | 2.7%-2.5pp | 5.3%-11.1pp | 16.4%-3.3pp | 19.6%+10.5pp | 9.1%+1.4pp | 7.7%+1.4pp | 6.3%+0.1pp | 6.2%+2.0pp | 4.2%+1.4pp | 2.8%-4.0pp | 6.9%-10.4pp | 17.2%+21.7pp | -4.5% |
| Return on Assets | 1.2%+0.3pp | 0.9%+0.4pp | 0.4%-0.5pp | 1.0%-2.2pp | 3.2%-0.5pp | 3.7%+1.9pp | 1.8%+0.2pp | 1.6%+0.2pp | 1.4%0.0pp | 1.4%+0.5pp | 0.9%+0.2pp | 0.7%0.0pp | 0.8%-1.3pp | 2.1%+2.5pp | -0.4% |
| Debt-to-Equity | 1.18-0.1x | 1.32-0.5x | 1.78+0.7x | 1.04-0.1x | 1.10-0.1x | 1.230.0x | 1.23+0.1x | 1.09+0.2x | 0.940.0x | 0.94-0.2x | 1.13+0.2x | 0.96-1.1x | 2.02-0.1x | 2.14-7.2x | 9.30 |
| FCF Margin | 19.8%-21.7pp | 41.5%+70.0pp | -28.5% | 293.2% | 202.1% | -120.8% | -54.3%-105.3pp | 50.9% | 157.3% | -39.5%-13.7pp | -25.8%-19.2pp | -6.6%-81.2pp | 74.6%+88.7pp | -14.1%-57.0pp | 42.9% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.
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Where Waterstone Finl Inc Md Ranks
Frequently Asked Questions
What is Waterstone Finl Inc Md's annual revenue?
Waterstone Finl Inc Md (WSBF) reported $116.1M in total revenue for fiscal year 2025. This represents a 2.6% 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 2.6% year-over-year, from $113.2M to $116.1M in fiscal year 2025.
Is Waterstone Finl Inc Md profitable?
Yes, Waterstone Finl Inc Md (WSBF) reported a net income of $26.4M in fiscal year 2025, with a net profit margin of 22.7%.
How much debt does Waterstone Finl Inc Md have?
As of fiscal year 2025, Waterstone Finl Inc Md (WSBF) had $63.6M in cash and equivalents against $412.3M 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 22.7% in fiscal year 2025, 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 2025.
What is Waterstone Finl Inc Md's return on equity (ROE)?
Waterstone Finl Inc Md (WSBF) has a return on equity of 7.6% for fiscal year 2025, 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 $23.0M in free cash flow during fiscal year 2025. This represents a -51.0% 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 $24.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Waterstone Finl Inc Md's total assets?
Waterstone Finl Inc Md (WSBF) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Waterstone Finl Inc Md's capital expenditures?
Waterstone Finl Inc Md (WSBF) invested $1.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Waterstone Finl Inc Md's debt-to-equity ratio?
Waterstone Finl Inc Md (WSBF) had a debt-to-equity ratio of 1.18 as of fiscal year 2025, 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 1.2% for fiscal year 2025, 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 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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 0.92x, considered mixed 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 46 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.