WSBFWaterstone Financial, Inc.
Savings Institution, Federally Chartered
- Revenue
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- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $307M net debt
- AI in 10-K
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Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear92% of net incomeCash flow under 80% of net income
- Dilutive SBCClear—Over 10% of revenue
- Payouts exceed cash flowFired112% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $71M | $19M | $9M | $19M | $26M | 41% |
| Operating cash flow | $142M | $207M | −$28M | $48M | $24M | 50% |
| Capex | $778K | $701K | $700K | $1M | $1M | 6.0% |
| Stock-based comp | $745K | $583K | $277K | $316K | $297K | 6.0% |
| Buybacks | $10M | $48M | $26M | $15M | $16M | 8.7% |
| Dividends | $30M | $30M | $15M | $11M | $11M | 4.4% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $785K | $791K | 129 | 133 |
| FY2024 | $715K | $673K | 99 | 133 |
| FY2023 | $2M | $1M | 87 | 97 |
| FY2022 | $1M | $1M | 84 | 98 |
| FY2021 | $2M | $2M | 124 | 124 |