Waterstone Finl Inc Md Stock Price, News & Analysis

Waterstone Financial (NASDAQ: WSBF) has announced a regular quarterly cash dividend of $0.15 per common share. The dividend will be paid on November 3, 2025, to shareholders who are on record as of October 8, 2025.

Waterstone Financial (NASDAQ: WSBF) reported strong Q2 2025 financial results with net income of $7.7 million, or $0.43 per diluted share, up from $5.7 million ($0.31 per share) in Q2 2024. The company's Community Banking segment saw a 21.4% increase in net interest income to $13.6 million, while maintaining strong asset quality.

Key highlights include a net interest margin increase of 59 basis points to 2.60%, core retail deposits growth of 7.5% to $1.31 billion, and continued share repurchases of approximately 508,000 shares at $12.80 per share. The Mortgage Banking segment generated $2.0 million in pre-tax income with loan originations of $588.8 million, though slightly down from Q2 2024.

The company maintained strong asset quality with nonperforming assets at 0.37% of total assets and increased book value per share to $18.19 from $17.53 at year-end 2024.

Waterstone Financial (NASDAQ: WSBF) has announced the election of two new members to its Board of Directors, effective July 22, 2025. The appointees are Molly Mulroy, currently Executive Vice President and Chief Administrative Officer of WEC Energy Group, and Laura Piotrowski, CEO and President of Cavendish Vernal.

Mulroy brings extensive experience in utility operations, having overseen various departments at WEC Energy Group since 1999, including IT, Human Resources, and Supply Chain. Piotrowski contributes significant financial expertise as a CPA and strategic advisor, with previous roles as CFO of Stein's Garden & Home and Managing Director of Finance at Robert W. Baird & Co.

Waterstone Financial (NASDAQ: WSBF) has announced a regular quarterly cash dividend of $0.15 per common share, as declared by its Board of Directors on June 17, 2025. The dividend will be distributed to shareholders on August 1, 2025, with the record date set for July 8, 2025. This dividend announcement demonstrates the company's commitment to providing regular returns to its shareholders through quarterly dividend payments.

Waterstone Financial (NASDAQ: WSBF) reported Q1 2025 net income of $3.0 million ($0.17 per diluted share), matching the same period in 2024 ($0.16 per diluted share). The Community Banking segment showed strong performance with a 6.9% increase in net interest income and a 32 bps improvement in net interest margin.

Key highlights include:

• Community Banking pre-tax income increased 41.7% to $6.1 million
• Net interest margin rose to 2.47%
• Average core retail deposits grew 7.4% to $1.28 billion
• Company repurchased 237,000 shares at $13.37 per share
• Quarterly dividend maintained at $0.15 per share

The Mortgage Banking segment faced challenges, reporting a pre-tax loss of $2.2 million due to decreased loan origination volumes (-20.1%) and elevated legal expenses from a settlement. Book value per share increased to $17.70 from $17.53 in December 2024.

Waterstone Financial (WSBF) has announced the retirement of Director Michael Hansen, who has served on the company's board since 2003. Hansen currently chairs the Audit Committee and serves on both the Board Executive Committee and Nominating and Corporate Governance Committee.

Hansen will continue in his current roles during a transition period until a successor is elected to the Board of Directors. During this transition, he plans to sell company shares as part of his retirement and estate planning strategy.

Board Chairman Patrick Lawton acknowledged Hansen's 22 years of service, highlighting his leadership and vital contributions to the company, particularly in his role leading the Audit Committee.

Waterstone Financial (NASDAQ: WSBF) has announced its Board of Directors approved a regular quarterly cash dividend of $0.15 per common share on March 20, 2025. The dividend will be distributed to shareholders on May 1, 2025, with eligibility extended to stockholders of record as of the close of business on April 8, 2025.

Waterstone Financial (WSBF) reported net income of $5.2 million ($0.28 per diluted share) for Q4 2024, compared to a net loss of $40,000 in Q4 2023. Full-year 2024 earnings were $1.01 per diluted share, up from $0.46 in 2023.

The Community Banking segment saw pre-tax income increase 26% to $6.7 million, with net interest income rising 6.9% to $12.9 million. Average loans held for investment reached $1.68 billion, up 1.3% year-over-year.

The Mortgage Banking segment reported a reduced pre-tax loss of $625,000 compared to a $6.0 million loss in Q4 2023. Loan originations increased 2.7% to $470.7 million, with purchase activity accounting for 82.1% of originations.

The company maintained shareholder returns through dividends of $0.15 per share and repurchased approximately 194,000 shares at $14.43 per share during Q4 2024.

Waterstone Financial (NASDAQ: WSBF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per common share. The dividend will be paid on February 3, 2025, to shareholders who are recorded as holders at the close of business on January 8, 2025.