Waterstone Financial (NASDAQ:WSBF) Posts Quarterly Earnings Results

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

Waterstone Financial Trading Down 0.7 %

Shares of NASDAQ WSBF traded down $0.10 during midday trading on Tuesday, reaching $13.41. 31,365 shares of the stock were exchanged, compared to its average volume of 54,771. Waterstone Financial has a twelve month low of $10.60 and a twelve month high of $16.86. The stock has a market capitalization of $259.70 million, a P/E ratio of 18.36 and a beta of 0.65. The company has a 50 day simple moving average of $13.96 and a 200 day simple moving average of $14.47. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.36 and a current ratio of 1.48.

Waterstone Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 8th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend is Wednesday, January 8th. Waterstone Financial’s dividend payout ratio (DPR) is presently 82.19%.

Insider Buying and Selling

In other news, Director Stephen J. Schmidt sold 2,687 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $15.80, for a total value of $42,454.60. Following the transaction, the director now directly owns 70,078 shares in the company, valued at approximately $1,107,232.40. This represents a 3.69 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders sold 17,544 shares of company stock worth $274,113. Company 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.