Waterstone Financial, Inc. (WSBF)

From the record

Waterstone Financial, Inc.'s filings since 2017 show 6 warning events of 3 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2020-05-13); an auditor change (8-K item 4.01, 3 times, the latest 2023-03-03); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-11-09) (its current reports).

From the record

Waterstone Financial, Inc.'s 10 filed years say what it did: revenue went from $64 million in fiscal 2016 to $116 million in fiscal 2025, up 6.9% a year; it rose in 7 of 9 years; the deepest fall was 12% from fiscal 2019 to fiscal 2021; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Waterstone Financial, Inc.'s diluted share count shrank about 6.7% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 14 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Waterstone Financial, Inc. earned about 8 cents of profit for every dollar of shareholders' money. Leverage: it owed about 85 cents per dollar of assets, and net share issuance: its share count shrank 3.9% over the year (the filed statements).

From the record

Waterstone Financial, Inc.'s standing among 31 graded names in its industry family: revenue of $116 million in fiscal 2025 ranks in the top 47% by size; a net margin of 22.7% ranks in the top 27%; revenue growth of 18.2% a year over the last 3 filed years ranks in the top 44% (its annual reports).

From the record

Waterstone Financial, Inc.'s leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 8 officers and directors filing in the last fifteen months have been on the record a median of 8.2 years (bottom 44%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 18%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Waterstone Financial, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 18.2% a year over the last three filed years against 6.9% over all 10, speeding up (top 15% of its family); the newest year grew 2.6% (bottom 42%); capital spending grew 18.4% a year (top 29%) (its annual reports). Waterstone Financial, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Waterstone Financial, Inc.'s newest year against its own record: revenue of $116 million in fiscal 2025 came in 19.2% below the $144 million its prior three years' pace pointed to (bottom 26% of its family); net income of $26 million against a prior three-year average of $16 million (top 33%); a net margin of 22.7% against 17.9% before (top 29%) (its annual reports).