Get started

Financials · WSBF

Waterstone Financial Inc. (WSBF) financials

For the twelve months ended Jun 30, 2026, Waterstone Financial Inc. reported $150.15M of revenue and $30.10M of net income.

Revenue, TTM
$150.15M
Revenue growth, YoY
+12.4%
Net income, TTM
$30.10M
Net income growth, YoY
+45.4%
Net margin
20.0%
Free cash flow, TTM
$42.78M
EPS, diluted, TTM
$1.71
EPS growth, YoY
+50.0%
Cash
$32.75M
Total debt
$412.00M
P/E
12.25
P/S
2.46
Market cap
$368.7M
Annual revenue$141.92M
FY2016FY2025
Annual net income$26.40M
FY2016FY2025
Annual free cash flow$23.02M
FY2016FY2025

WSBF revenue and earnings growth

WSBF revenueQ2 2026$40.25M

Quarter YoY
+5.8%
QoQ
+12.8%
FY YoY
+4.8%
5Y CAGR
-13.8%
10Y CAGR
-0.1%

WSBF revenue was $40.25M in fiscal Q2 2026 (ended Jun 30, 2026), up 5.8% from a year earlier and up 12.8% from the prior quarter. For the full fiscal 2025 it was $141.92M, up 4.8% from fiscal 2024. Compound annual growth was -13.8% over 5 years and -0.1% over 10 years. It rose in 6 of the last 10 fiscal years.

WSBF net incomeQ2 2026$8.46M

Quarter YoY
+9.5%
QoQ
+41.1%
FY YoY
+41.3%
5Y CAGR
-20.1%
10Y CAGR
+4.8%

WSBF net income was $8.46M in fiscal Q2 2026 (ended Jun 30, 2026), up 9.5% from a year earlier and up 41.1% from the prior quarter. For the full fiscal 2025 it was $26.40M, up 41.3% from fiscal 2024. Compound annual growth was -20.1% over 5 years and +4.8% over 10 years. It rose in 7 of the last 10 fiscal years.

WSBF EPSQ2 2026$0.49

Quarter YoY
+14.0%
QoQ
+44.1%
FY YoY
+46.5%
5Y CAGR
-14.8%
10Y CAGR
+10.2%

WSBF diluted EPS was $0.49 in fiscal Q2 2026 (ended Jun 30, 2026), up 14.0% from a year earlier and up 44.1% from the prior quarter. For the full fiscal 2025 it was $1.48, up 46.5% from fiscal 2024. Compound annual growth was -14.8% over 5 years and +10.2% over 10 years.

WSBF free cash flowQ2 2026$9.37M

FY YoY
-51.0%

WSBF free cash flow was $9.37M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$38.51M a year earlier. For the full fiscal 2025 it was $23.02M, down 51.0% from fiscal 2024.

Export CSV

Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$141.92M$135.47M$131.40M$162.51M$258.71M$297.52M$182.95M$172.38M$175.15M$169.81M
Interest expense--$48.99M$13.29M$14.37M$24.98M$27.54M$19.52M$16.36M$20.29M
Pre-tax income$33.45M$24.00M$11.03M$24.48M$92.11M$108.12M$47.57M$40.28M$44.43M$41.99M
Income tax$7.04M$5.31M$1.66M$4.99M$21.32M$26.97M$11.67M$9.53M$18.47M$16.46M
Net income$26.40M$18.69M$9.38M$19.49M$70.79M$81.14M$35.90M$30.75M$25.96M$25.53M
EPS, basic$1.48$1.01$0.47$0.89$2.98$3.32$1.38$1.12$0.95$0.94
EPS, diluted$1.48$1.01$0.46$0.89$2.96$3.30$1.37$1.11$0.93$0.93
Diluted shares17.9M18.6M20.2M22.0M23.9M24.6M26.2M27.6M27.9M27.4M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$63.56M$35.18M$30.67M$33.70M$343.02M$94.77M$74.30M$86.10M$48.61M$47.22M
Total assets$2.26B$2.21B$2.21B$2.03B$2.22B$2.18B$2.00B$1.92B$1.81B$1.79B
Short-term debt--$147.05M$1.08M-$29.00M---$8.15M
Total debt$412.26M$446.52M$611.05M$386.78M$477.13M$508.07M$483.56M$435.05M$386.29M$387.15M
Total liabilities$1.91B$1.87B$1.87B$1.66B$1.78B$1.77B$1.60B$1.52B$1.39B$1.38B
Shareholders' equity$349.39M$339.13M$344.06M$370.49M$432.77M$413.12M$393.69M$399.68M$412.10M$410.69M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$24.18M$48.06M-$27.58M$206.66M$142.01M-$93.58M-$40.22M$41.50M$107.10M-$24.06M
Capital expenditures$1.17M$1.10M$700.0K$701.0K$778.0K$1.23M$3.11M$3.96M$1.58M$1.08M
Free cash flow$23.02M$46.96M-$28.28M$205.96M$141.23M-$94.81M-$43.33M$37.54M$105.52M-$25.15M
Investing cash flow-$8.74M-$23.96M-$159.22M-$335.74M$160.06M$37.19M-$1.15M-$78.44M-$94.88M-$25.03M
Financing cash flow$15.91M-$20.76M$176.58M-$201.00M-$20.12M$76.86M$29.57M$74.43M-$10.83M-$4.16M
Dividends paid$10.77M$11.27M$15.36M$30.26M$30.39M$31.52M$25.96M$27.05M$26.95M$6.92M
Share repurchases$16.21M$14.91M$26.03M$47.83M$10.18M$36.24M$22.77M$19.20M$2.19M$3.86M
Stock-based compensation$297.0K$316.0K$277.0K$583.0K$745.0K$716.0K$1.07M$1.76M$1.90M$1.91M
Depreciation and amortization$2.55M$2.47M$3.30M$4.03M$6.05M$5.61M$4.70M$4.73M--

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY4.8%3.1%-19.1%-37.2%-13.0%62.6%6.1%-1.6%3.1%18.5%
Net income growth, YoY41.3%99.3%-51.9%-72.5%-12.8%126.0%16.7%18.4%1.7%54.1%
EPS growth, YoY46.5%119.6%-48.3%-69.9%-10.3%140.9%23.4%19.4%0.0%66.1%
Net margin18.6%13.8%7.1%12.0%27.4%27.3%19.6%17.8%14.8%15.0%
Free cash flow margin16.2%34.7%-21.5%126.7%54.6%-31.9%-23.7%21.8%60.2%-14.8%
Return on equity7.6%5.5%2.7%5.3%16.4%19.6%9.1%7.7%6.3%6.2%
Return on assets1.2%0.8%0.4%1.0%3.2%3.7%1.8%1.6%1.4%1.4%
Debt to equity1.181.321.781.041.101.231.231.090.940.94

Source: XBRL data Waterstone Financial Inc. files with the SEC, latest filing dated Aug 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

WSBF peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
WSBF$150.15M+12.4%$30.10M20.0%$368.7M
HSBC$68.27B+3.7%$23.13B33.9%$309.74B
EBC$1.19B+61.8%$381.02M32.1%$5.34B
AX$1.55B+23.0%$507.67M32.7%$5.33B
TFSL$343.73M+10.5%$102.06M29.7%$4.65B
PFS$924.11M+8.6%$310.15M33.6%$3.20B
BKU$1.13B+5.4%$273.97M24.3%$3.07B
CFFN$229.25M+19.4%$82.83M36.1%$1.08B

WSBF FAQ

8 questions
  • What is WSBF revenue?
    Waterstone Financial Inc. (WSBF) reported $150.15M of revenue for the twelve months ended Jun 30, 2026. That is up 12.4% from the year before. Revenue for fiscal 2025 was $141.92M.
  • Is WSBF profitable?
    Yes. Waterstone Financial Inc. earned $30.10M in net income for the twelve months ended Jun 30, 2026, a net margin of 20.0%.
  • How much cash and debt does WSBF have?
    Waterstone Financial Inc. reported $32.75M in cash and cash equivalents and $412.00M of debt on its most recent balance sheet in SEC filings.
  • How fast is WSBF revenue growing?
    Waterstone Financial Inc.'s revenue changed +4.8% in fiscal 2025, to $141.92M. Its compound annual growth rate was -13.8% over 5 years and -0.1% over 10 years.
  • What is WSBF free cash flow?
    Waterstone Financial Inc. generated $42.78M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $44.74M less capital expenditures.
  • What is WSBF earnings per share?
    Diluted earnings per share were $1.71 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did WSBF last report financial results?
    The latest statements here come from Waterstone Financial Inc.'s 10-Q filed on Aug 6, 2026, covering the period ended Jun 30, 2026.
  • Where does this WSBF financial data come from?
    Quantisnow builds these statements from the structured XBRL data Waterstone Financial Inc. files with the SEC. It is provided for information only and is not investment advice.