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Waterstone Financial Inc

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Waterstone Financial Inc (NASDAQ: WSBF) is a bank holding company that operates WaterStone Bank SSB, a state-chartered savings bank. The company generates revenue primarily through net interest income on loans and deposits, and through mortgage banking activities. Waterstone Financial was organized in 2013 as a Maryland corporation, and in 2014 became the holding company of WaterStone Bank SSB upon completion of the mutual-to-stock conversion of Lamplighter Financial, MHC. The 10-K filed 2026-02-26 covers the fiscal year ended December 31, 2025. The filing does not disclose segment revenue percentages, branch counts, loan portfolio size, or named competitors in the excerpts provided.

Products & Services

Banking and savings products through WaterStone Bank SSB, including deposit accounts and lending. Mortgage banking services are also referenced. Specific product names, loan types, or service line details are not supported by the provided filing excerpts.

Revenue Model

Net interest income from loans and deposits held at WaterStone Bank SSB, supplemented by mortgage banking activities. Specific revenue figures and segment breakdowns are not supported by the provided filing excerpts.

Customers & Markets

Retail and commercial banking customers served through WaterStone Bank SSB. Specific customer counts, customer concentration data, or end market breakdowns are not supported by the provided filing excerpts.

Geographic Exposure

Headquartered in Wisconsin, per the holding company structure. Specific branch locations, states served, or geographic revenue mix are not supported by the provided filing excerpts.

Financial Snapshot

Revenue
TTM
$87.26M
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
$29.36M
Current Assets
Last 4 Quarters
N/A
Current Liabilities
2026 Q1
$17.27M
Current Ratio
Last 4 Quarters
N/A
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$348.2M
Cash
2026 Q1
P/E
TTM
11.80
Free Cash Flow
TTM
-$5.098M

Stock Price

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Market Cap: $346.62 Million

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