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Waterstone Financial Inc - WSBF STOCK NEWS

Welcome to our dedicated news page for Waterstone Financial (Ticker: WSBF), a resource for investors and traders seeking the latest updates and insights on Waterstone Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Waterstone Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Waterstone Financial's position in the market.

News
Waterstone Financial, Inc. Announces Expansion of Share Repurchase Program
Rhea-AI Summary
Waterstone Financial, Inc. (NASDAQ: WSBF) announced an expansion of its share repurchase program, authorizing the repurchase of up to an additional 2,000,000 shares of common stock. The total shares available for repurchase now stand at 2,224,852, representing approximately 11.2% of the company's issued and outstanding shares as of April 23, 2024. The timing and method of repurchases will depend on various factors, with the program subject to suspension, termination, or modification at any time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.41%
Tags
buyback
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News
Waterstone Financial Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
Waterstone Financial, Inc. (WSBF) announces a regular quarterly cash dividend of $0.15 per common share scheduled for payment on May 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
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News
Waterstone Financial, Inc. Announces Results of Operations for the Quarter and Year Ended December 31, 2023
Rhea-AI Summary
Waterstone Financial, Inc. reported a net loss of $40,000 for the quarter ended December 31, 2023, compared to net income of $935,000 for the same period in 2022. The company's Community Banking segment experienced a decrease in pre-tax income and net interest income, driven by a rise in short-term interest rates and an inverted yield curve. The Mortgage Banking segment also faced challenges with declining mortgage origination volumes and compressed margins. Despite these difficulties, the company's strong asset quality and robust level of capital allowed them to provide strong shareholder returns throughout 2023. Waterstone Financial, Inc. declared dividends of $0.70 per share and repurchased 1.9 million shares of their stock at an average price well below their current book value per share. However, the company experienced a negative return on average assets and equity, as well as a decrease in net interest margin for both segments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.47%
Tags
none
News
Waterstone Financial Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
Waterstone Financial, Inc. (NASDAQ: WSBF) declares a regular quarterly cash dividend of $0.15 per common share, payable on February 1, 2024, to shareholders of record at the close of business on January 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
dividends
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News
Waterstone Financial, Inc. Announces Results of Operations for the Quarter and Nine Months Ended September 30, 2023
Rhea-AI Summary
Waterstone Financial, Inc. reported a decrease in net income for the quarter ended September 30, 2023 compared to the same period last year. The Mortgage Banking segment was negatively impacted by industry challenges, while the Community Banking segment maintained strong asset quality metrics and achieved growth in loans and deposits. The company returned $9.6 million to shareholders through share repurchases and dividends declared.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
none
-
News
Waterstone Financial Declares Quarterly Cash Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
dividends
News
Waterstone Financial, Inc. Announces Results of Operations for the Quarter and Six Months Ended June 30, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.73%
Tags
none
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News
Waterstone Financial Announces Planned Retirement of Douglas S. Gordon and Election of William F. Bruss As Next CEO
Rhea-AI Summary
Waterstone Financial, Inc. announced that CEO Douglas S. Gordon will retire on December 31, 2023. William F. Bruss will be the next CEO starting January 1, 2024. Gordon will remain on the board of directors. Bruss, currently the President of the company and the bank, expressed gratitude and excitement for the opportunity to lead Waterstone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.73%
Tags
none
-
News
Waterstone Financial Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
dividends
News
Waterstone Financial, Inc. Announces Share Repurchase Program
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
buyback
Stock WSBF logo
Waterstone Financial Inc

Nasdaq:WSBF

WSBF Rankings

#3623 Ranked by Market Cap
#4292 Ranked by Stock Gains
#619 Ranked by Dividends

WSBF Stock Data

227.00M
16.45M
18.13%
52.94%
0.76%
Savings Institutions
Finance and Insurance
Link
US
Wauwatosa

About WSBF

waterstone bank, established in 1921, offers a full suite of personal and business banking products. the community bank has branches in wauwatosa, brookfield, fox point/north shore, franklin/hales corners, germantown/menomonee falls, greenfield, oak creek, oconomowoc/lake country, pewaukee, waukesha/brookfield and west allis, wisconsin along with a commercial lending branch in minneapolis, minnesota. waterstone bank is the parent company to waterstone mortgage, which offers mortgage banking offices in 21 states. for more information about waterstone bank, go to wsbonline.com. waterstone bank is proud to have been named a top 100 workplace in southeastern wisconsin by the milwaukee journal sentinel every year since 2010.