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Director’s Major Stock Sale Shakes Up Waterstone Financial!

Director’s Major Stock Sale Shakes Up Waterstone Financial!

New insider activity at Waterstone Financial ( (WSBF) ) has taken place on February 15, 2025.

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Director Kristine Rappe has recently sold 22,185 shares of Waterstone Financial stock, totaling a transaction value of $316,136.

Recent Updates on WSBF stock

Waterstone Financial reported a significant turnaround in its Q4 earnings, with a net income of $5.2 million compared to a slight net loss in the same period last year. The annual earnings reflected this improvement, with net income per diluted share rising to $1.01 from $0.46 in 2023. Key performance metrics, such as return on average assets and equity, showed notable improvement. The company declared dividends and repurchased shares, emphasizing shareholder value. The Community Banking segment experienced a 26% increase in pre-tax income due to higher net interest income and increased average loans. Despite these gains, the Mortgage Banking segment faced challenges, though it showed modest growth in loan originations and non-interest income. Management remains optimistic about building on 2024 successes, despite challenges from the current interest rate environment, and is focused on maintaining asset quality and enhancing shareholder returns through strategic initiatives.

More about Waterstone Financial

YTD Price Performance: 8.28%

Average Trading Volume: 48,309

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $278.6M

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