Waterstone Financial, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | — | — | $49.0M | $13.3M | $14.4M |
| Pretax income | $33.4M | $24.0M | $11.0M | $24.5M | $92.1M |
| Income tax expense | $7.0M | $5.3M | $1.7M | $5.0M | $21.3M |
| Net income | $26.4M | $18.7M | $9.4M | $19.5M | $70.8M |
| Balance Sheet | |||||
| Total assets | $2.3B | $2.2B | $2.2B | $2.0B | $2.2B |
| Total liabilities | $1.9B | $1.9B | $1.9B | $1.7B | $1.8B |
| Stockholders' equity | $349.4M | $339.1M | $344.1M | $370.5M | $432.8M |
| Cash Flow Statement | |||||
| Cash from operations | $24.2M | $48.1M | -$27.6M | $206.7M | $142.0M |
| Depreciation and amortization | $2.5M | $2.5M | $3.3M | $4.0M | $6.0M |
| Stock-based compensation | $297,000 | $316,000 | $277,000 | $583,000 | $745,000 |
| Capital expenditure | $1.2M | $1.1M | $700,000 | $701,000 | $778,000 |
| Free cash flow | $23.0M | $47.0M | -$28.3M | $206.0M | $141.2M |
| Dividends paid | $10.8M | $11.3M | $15.4M | $30.3M | $30.4M |
| Share repurchases | $16.2M | $14.9M | $26.0M | $47.8M | $10.2M |
Shares outstanding 18.1M · Free float 84.7%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.