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Waterstone Financial, Inc. (WSBF) Stock Fundamental Analysis & AI Rating 2026

WSBF Nasdaq Savings Institution, Federally Chartered MD CIK: 0001569994
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2025-12-31
BUY
72% Conf
Pending
Analysis scheduled

📊 WSBF Key Takeaways

Revenue: $116.1M
Net Margin: 22.7%
Free Cash Flow: $23.0M
Current Ratio: N/A
Debt/Equity: 1.18x
EPS: $1.48
AI Rating: BUY with 72% confidence
Waterstone Financial, Inc. (WSBF) receives a BUY rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $116.1M, net profit margin of 22.7%, and return on equity (ROE) of 7.6%, Waterstone Financial, Inc. demonstrates strong fundamentals in the Finance sector. Below is our complete WSBF stock analysis for 2026.

Is Waterstone Financial, Inc. (WSBF) a Good Investment?

Claude

Waterstone Financial demonstrates exceptional fundamentals with 104.7% revenue growth, strong operating margins of 28.8%, and robust free cash flow generation of $23M. However, the low interest coverage ratio of 2.1x and moderate ROE of 7.6% warrant caution given the company's high leverage (1.18x Debt/Equity) and sensitivity to interest rate fluctuations as a federally chartered savings institution.

Why Buy Waterstone Financial, Inc. Stock? WSBF Key Strengths

Claude
  • + Exceptional revenue growth of 104.7% YoY demonstrates strong business momentum and market position
  • + Strong operating margin of 28.8% and net margin of 22.7% indicate exceptional operational efficiency for a financial institution
  • + Solid free cash flow generation of $23M (19.8% FCF margin) with minimal capex requirements, enabling capital allocation flexibility
  • + Diluted EPS growth of 46.5% YoY shows shareholder value creation despite lower net income growth rate

WSBF Stock Risks: Waterstone Financial, Inc. Investment Risks

Claude
  • ! Interest coverage ratio of 2.1x is concerningly low, leaving minimal cushion for adverse rate changes or credit deterioration typical in banking cycles
  • ! Moderate ROE of 7.6% suggests suboptimal capital efficiency relative to banking peer benchmarks of 10-12%+
  • ! High leverage (1.18x Debt/Equity) combined with $412.3M long-term debt and inherent interest rate sensitivity of savings institutions creates refinancing and duration risk
  • ! Strong revenue growth (+104.7%) may not be sustainable; sustainability of margins under normalized lending environment uncertain

Key Metrics to Watch

Claude
  • * Interest coverage ratio trend and absolute level - critical leading indicator of financial stress in rate environment
  • * Net interest margin (NIM) stability - primary earnings driver for savings institutions
  • * Non-performing loan ratio and charge-offs - indicators of credit quality deterioration
  • * Deposit growth rate and funding costs - key to profitability sustainability for savings bank model
  • * Capital adequacy and leverage ratio compliance - regulatory health of institution

Waterstone Financial, Inc. (WSBF) Financial Metrics & Key Ratios

Revenue
$116.1M
Net Income
$26.4M
EPS (Diluted)
$1.48
Free Cash Flow
$23.0M
Total Assets
$2.3B
Cash Position
$63.6M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

WSBF Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 28.8%
Net Margin 22.7%
ROE 7.6%
ROA 1.2%
FCF Margin 19.8%

WSBF vs Finance Sector: How Waterstone Financial, Inc. Compares

How Waterstone Financial, Inc. compares to Finance sector averages

Net Margin
WSBF 22.7%
vs
Sector Avg 25.0%
WSBF Sector
ROE
WSBF 7.6%
vs
Sector Avg 12.0%
WSBF Sector
Current Ratio
WSBF 0.0x
vs
Sector Avg 1.2x
WSBF Sector
Debt/Equity
WSBF 1.2x
vs
Sector Avg 2.0x
WSBF Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Waterstone Financial, Inc. Stock Overvalued? WSBF Valuation Analysis 2026

Based on fundamental analysis, Waterstone Financial, Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
7.6%
Sector avg: 12%
Net Profit Margin
22.7%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.18x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Waterstone Financial, Inc. Balance Sheet: WSBF Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
1.18x
Debt/Assets
84.5%
Interest Coverage
2.12x
Long-term Debt
$412.3M

WSBF Revenue & Earnings Growth: 5-Year Financial Trend

WSBF 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Waterstone Financial, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $0.46 reflects profitable operations.

WSBF Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
19.8%
Free cash flow / Revenue

Waterstone Financial, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$24.2M
Cash generated from operations
Stock Buybacks
$16.2M
Shares repurchased (TTM)
Capital Expenditures
$1.2M
Investment in assets
Dividends Paid
$10.8M
Returned to shareholders

WSBF SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Waterstone Financial, Inc. (CIK: 0001569994)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 DEF 14A wsbf20260211_def14a.htm View →
Mar 17, 2026 8-K wsbf20260313_8k.htm View →
Feb 26, 2026 10-K wsbf20251231_10k.htm View →
Feb 20, 2026 4 xslF345X05/rdgdoc.xml View →
Feb 10, 2026 4 xslF345X05/rdgdoc.xml View →

Frequently Asked Questions about WSBF

What is the AI rating for WSBF?

Waterstone Financial, Inc. (WSBF) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WSBF's key strengths?

Claude: Exceptional revenue growth of 104.7% YoY demonstrates strong business momentum and market position. Strong operating margin of 28.8% and net margin of 22.7% indicate exceptional operational efficiency for a financial institution.

What are the risks of investing in WSBF?

Claude: Interest coverage ratio of 2.1x is concerningly low, leaving minimal cushion for adverse rate changes or credit deterioration typical in banking cycles. Moderate ROE of 7.6% suggests suboptimal capital efficiency relative to banking peer benchmarks of 10-12%+.

What is WSBF's revenue and growth?

Waterstone Financial, Inc. reported revenue of $116.1M.

Does WSBF pay dividends?

Waterstone Financial, Inc. pays dividends, with $10.8M distributed to shareholders in the trailing twelve months.

Where can I find WSBF SEC filings?

Official SEC filings for Waterstone Financial, Inc. (CIK: 0001569994) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WSBF's EPS?

Waterstone Financial, Inc. has a diluted EPS of $1.48.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is WSBF a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Waterstone Financial, Inc. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is WSBF stock overvalued or undervalued?

Valuation metrics for WSBF: ROE of 7.6% (sector avg: 12%), net margin of 22.7% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy WSBF stock in 2026?

Our dual AI analysis gives Waterstone Financial, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is WSBF's free cash flow?

Waterstone Financial, Inc.'s operating cash flow is $24.2M, with capital expenditures of $1.2M. FCF margin is 19.8%.

How does WSBF compare to other Finance stocks?

Vs Finance sector averages: Net margin 22.7% (avg: 25%), ROE 7.6% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI