Financial Snapshot

Revenue
$84.12M
TTM
Gross Margin
Net Earnings
$13.44M
TTM
Current Assets
Current Liabilities
$27.85M
Q3 2024
Current Ratio
Total Assets
$2.244B
Q3 2024
Total Liabilities
$1.902B
Q3 2024
Book Value
$342.0M
Q3 2024
Cash
Q3 2024
P/E
21.71
Nov 29, 2024 EST
Free Cash Flow
$22.47M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $99.21M $70.25M $69.88M $78.48M $79.74M $73.70M $67.10M
YoY Change 41.23% 0.52% -10.96% -1.58% 8.2% 9.84%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Revenue $99.21M $70.25M $69.88M $78.48M $79.74M $73.70M $67.10M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.700M $1.800M $6.048M $5.608M $4.698M $4.727M $2.050M $3.200M $3.600M $3.700M $3.800M $2.100M $1.800M $1.900M $2.000M $2.400M $2.600M $2.400M $1.600M $900.0K $500.0K $1.300M
YoY Change -5.56% -70.24% 7.85% 19.37% -0.61% 130.59% -35.94% -11.11% -2.7% -2.63% 80.95% 16.67% -5.26% -5.0% -16.67% -7.69% 8.33% 50.0% 77.78% 80.0% -61.54%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Interest Expense $48.99M $13.29M $14.37M $24.98M $27.54M $19.52M $16.36M
YoY Change 268.62% -7.5% -42.49% -9.29% 41.08% 19.32%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Pretax Income $11.03M $24.48M $92.11M $108.1M $47.57M $40.28M $44.43M $42.00M $25.80M $19.90M $23.30M $22.70M -$6.900M -$1.800M -$11.40M -$24.10M $1.300M $12.80M $16.60M $15.40M $16.80M $15.70M
YoY Change -54.93% -73.42% -14.81% 127.26% 18.11% -9.35% 5.79% 62.79% 29.65% -14.59% 2.64% -428.99% 283.33% -84.21% -52.7% -1953.85% -89.84% -22.89% 7.79% -8.33% 7.01%
Income Tax $1.657M $4.992M $21.32M $26.97M $11.67M $9.526M $18.47M $16.50M $9.200M $7.200M $8.600M -$12.20M $600.0K $100.0K -$1.300M $2.300M -$300.0K $4.700M $7.500M $4.900M $5.700M $4.800M
% Of Pretax Income 15.02% 20.39% 23.14% 24.95% 24.53% 23.65% 41.57% 39.29% 35.66% 36.18% 36.91% -53.74% -23.08% 36.72% 45.18% 31.82% 33.93% 30.57%
Net Earnings $9.375M $19.49M $70.79M $81.15M $35.90M $30.75M $25.96M $25.50M $16.60M $12.70M $14.70M $34.90M -$7.500M -$1.900M -$10.10M -$26.40M $1.600M $8.100M $9.100M $10.60M $11.10M $10.80M
YoY Change -51.89% -72.47% -12.76% 126.01% 16.74% 18.45% 1.82% 53.61% 30.71% -13.61% -57.88% -565.33% 294.74% -81.19% -61.74% -1750.0% -80.25% -10.99% -14.15% -4.5% 2.78%
Net Earnings / Revenue 9.45% 27.74% 101.3% 103.39% 45.02% 41.73% 38.7%
Basic Earnings Per Share $0.47 $0.89 $2.98 $3.32 $1.38 $1.12 $0.95
Diluted Earnings Per Share $0.46 $0.89 $2.96 $3.30 $1.37 $1.11 $0.93 $930.7K $564.6K $378.0K $427.3K $1.020M -$221.2K -$56.21K -$299.7K -$788.1K $46.11K $223.1K $282.6K $329.2K $344.7K $335.4K

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $20.00M $21.11M $28.10M $30.30M $33.40M $24.50M $22.90M $23.70M $25.30M $25.60M $27.10M $26.90M $27.40M $28.20M $29.10M $30.60M $32.00M $32.60M $25.00M $15.90M $12.20M $12.20M
YoY Change -5.26% -24.89% -7.26% -9.28% 36.33% 6.99% -3.38% -6.32% -1.17% -5.54% 0.74% -1.82% -2.84% -3.09% -4.9% -4.38% -1.84% 30.4% 57.23% 30.33% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.000M $8.000M $9.000M $8.400M $13.80M
YoY Change -37.5% -11.11% 7.14% -39.13%
Total Long-Term Assets
YoY Change
Total Assets $2.213B $2.032B $2.216B $2.185B $1.996B $1.915B $1.806B $1.791B $1.763B $1.783B $1.947B $1.661B $1.713B $1.809B $1.868B $1.885B $1.710B $1.649B $1.511B $1.240B $1.105B $1.105B
YoY Change
Accounts Payable $1.700M $1.400M $1.400M
YoY Change 21.43% 0.0%
Accrued Expenses $6.607M $5.334M $10.40M $10.60M $13.10M $4.400M $4.900M $4.700M $3.700M $5.000M $2.500M
YoY Change 23.87% -48.71% -1.89% -19.08% 197.73% -10.2% 4.26% 27.03% -26.0% 100.0%
Deferred Revenue
YoY Change
Short-Term Debt $147.1M $1.084M $2.100M $9.100M $13.60M $5.000M $11.30M $92.20M $91.20M $84.00M $105.2M $45.90M $27.10M $23.00M $73.90M $4.100M $53.50M $41.20M $87.20M $35.00M $25.00M $10.00M
YoY Change 13465.87% -48.38% -76.92% -33.09% 172.0% -55.75% -87.74% 1.1% 8.57% -20.15% 129.19% 69.37% 17.83% -68.88% 1702.44% -92.34% 29.85% -52.75% 149.14% 40.0% 150.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.607M $6.418M $10.40M $10.60M $13.10M $4.400M $4.900M $4.700M $3.700M $5.000M $2.500M $45.90M $27.10M $23.00M $73.90M $4.100M $53.50M $41.20M $87.20M $3.000M $1.700M $1.400M
YoY Change 2.94% -38.29% -1.89% -19.08% 197.73% -10.2% 4.26% 27.03% -26.0% 100.0% -94.55% 69.37% 17.83% -68.88% 1702.44% -92.34% 29.85% -52.75% 2806.67% 76.47% 21.43%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $61.05M $70.06M $62.20M $67.90M $38.20M $37.80M $35.80M $38.60M $32.60M $30.20M $30.10M $37.40M $33.10M $31.90M $26.30M $30.40M $37.80M $36.80M $32.50M $5.500M $5.800M $5.800M
YoY Change -12.86% 12.63% -8.39% 77.75% 1.06% 5.59% -7.25% 18.4% 7.95% 0.33% -19.52% 12.99% 3.76% 21.29% -13.49% -19.58% 2.72% 13.23% 490.91% -5.17% 0.0%
Total Long-Term Liabilities $61.05M $70.06M $62.20M $67.90M $38.20M $37.80M $35.80M $38.60M $32.60M $30.20M $30.10M $37.40M $33.10M $31.90M $26.30M $30.40M $37.80M $36.80M $32.50M $5.500M $5.800M $5.800M
YoY Change -12.86% 12.63% -8.39% 77.75% 1.06% 5.59% -7.25% 18.4% 7.95% 0.33% -19.52% 12.99% 3.76% 21.29% -13.49% -19.58% 2.72% 13.23% 490.91% -5.17% 0.0%
Total Liabilities $1.869B $1.661B $1.783B $1.772B $1.603B $1.516B $1.394B $1.380B $1.371B $1.333B $1.733B $1.458B $1.547B $1.637B $1.700B $1.714B $1.508B $1.407B $1.280B $1.117B $990.3M $990.3M
YoY Change 12.53% -6.84% 0.65% 10.53% 5.74% 8.71% 1.04% 0.66% 2.83% -23.06% 18.8% -5.7% -5.51% -3.71% -0.85% 13.64% 7.19% 9.98% 14.52% 12.82% 0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Basic Shares Outstanding 20.16M 21.88M 23.74M 24.46M 26.02M 27.36M 27.47M
Diluted Shares Outstanding 20.20M 22.01M 23.93M 24.61M 26.25M 27.63M 27.90M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $291.76 Million

About Waterstone Financial, Inc.

Waterstone Financial, Inc. operates as a loan holding company, which provides principal lending activities. The company is headquartered in Wauwatosa, Wisconsin and currently employs 698 full-time employees. The company went IPO on 2005-10-05. The Bank offers a suite of personal and business banking products. The firm's segments include community banking and mortgage banking. The community banking segment provides consumer and business banking products and services to customers. Its consumer products include loan products, deposit products, and personal investment services. Its business banking products include loans for working capital, inventory and general corporate use, commercial real estate construction loans, and deposit accounts. The mortgage banking segment, which is conducted through Waterstone Mortgage Corporation, consists of originating residential mortgage loans primarily for sale in the secondary market. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Milwaukee/Oklahoma Ave, Oak Creek/Howell Ave and various others.

Industry: Savings Institution, Federally Chartered Peers: Greystone Housing Impact Investors LP Blue Foundry Bancorp Bridgewater Bancshares Inc FEDERAL HOME LOAN MORTGAGE CORP HOME BANCORP, INC. loanDepot, Inc. Rocket Companies, Inc. SOUTHERN MISSOURI BANCORP, INC. Velocity Financial, Inc.