Waterstone Financial Inc
Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, such as c… Read more
Waterstone Financial Inc (WSBF) - Net Assets
Latest net assets as of December 2025: $349.39 Million USD
Based on the latest financial reports, Waterstone Financial Inc (WSBF) has net assets worth $349.39 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.26 Billion) and total liabilities ($1.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $349.39 Million |
| % of Total Assets | 15.46% |
| Annual Growth Rate | 5.45% |
| 5-Year Change | -19.27% |
| 10-Year Change | -14.93% |
| Growth Volatility | 137.9 |
Waterstone Financial Inc - Net Assets Trend (2000–2025)
This chart illustrates how Waterstone Financial Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Waterstone Financial Inc (2000–2025)
The table below shows the annual net assets of Waterstone Financial Inc from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $349.39 Million | +3.02% |
| 2024-12-31 | $339.13 Million | -1.43% |
| 2023-12-31 | $344.06 Million | -7.13% |
| 2022-12-31 | $370.49 Million | -14.39% |
| 2021-12-31 | $432.77 Million | +4.76% |
| 2020-12-31 | $413.12 Million | +4.94% |
| 2019-12-31 | $393.69 Million | -1.50% |
| 2018-12-31 | $399.68 Million | -3.02% |
| 2017-12-31 | $412.10 Million | +0.34% |
| 2016-12-31 | $410.69 Million | +4.79% |
| 2015-12-31 | $391.93 Million | -12.95% |
| 2014-12-31 | $450.24 Million | +109.93% |
| 2013-12-31 | $214.47 Million | -83.64% |
| 2012-12-31 | $1.31 Billion | +688.04% |
| 2011-12-31 | $166.37 Million | -3.40% |
| 2010-12-31 | $172.22 Million | +2.15% |
| 2009-12-31 | $168.59 Million | -1.56% |
| 2008-12-31 | $171.27 Million | -15.14% |
| 2007-12-31 | $201.82 Million | -16.35% |
| 2006-12-31 | $241.27 Million | +4.13% |
| 2005-12-31 | $231.70 Million | +73.66% |
| 2004-12-31 | $133.42 Million | +8.65% |
| 2003-12-31 | $122.80 Million | +7.16% |
| 2002-12-31 | $114.60 Million | +10.71% |
| 2001-12-31 | $103.51 Million | +11.65% |
| 2000-12-31 | $92.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Waterstone Financial Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 29295700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $292.96 Million | 83.85% |
| Common Stock | $184.00K | 0.05% |
| Other Comprehensive Income | $-21.76 Million | -6.23% |
| Other Components | $78.01 Million | 22.33% |
| Total Equity | $349.39 Million | 100.00% |
Waterstone Financial Inc Competitors by Market Cap
The table below lists competitors of Waterstone Financial Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vetropack Holding SA
SW:VETN
|
$275.76 Million |
|
Central Bank of India
NSE:CENTRALBK
|
$275.77 Million |
|
BEH Property Co Ltd
SHG:600791
|
$275.84 Million |
|
Greentown Management Holdings Company Limited
PINK:GRMHF
|
$276.06 Million |
|
Xinjiang Zhundong Petroleum
SHE:002207
|
$275.58 Million |
|
Meeka Metals Ltd
AU:MEK
|
$275.54 Million |
|
Fenix Outdoor International AG
PINK:FNXTF
|
$275.50 Million |
|
Tres Tentos Agroindustrial SA
SA:TTEN3
|
$275.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Waterstone Financial Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 339,135,000 to 349,392,000, a change of 10,257,000 (3.0%).
- Net income of 26,402,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 2,976,999.
- Other factors decreased equity by 13,168,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $26.40 Million | +7.56% |
| Other Comprehensive Income | $-2.98 Million | -0.85% |
| Other Changes | $-13.17 Million | -3.77% |
| Total Change | $- | 3.02% |
Book Value vs Market Value Analysis
This analysis compares Waterstone Financial Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 7.09x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $2.51 | $17.77 | x |
| 2001-12-31 | $2.80 | $17.77 | x |
| 2002-12-31 | $3.10 | $17.77 | x |
| 2003-12-31 | $3.32 | $17.77 | x |
| 2004-12-31 | $3.61 | $17.77 | x |
| 2005-12-31 | $6.37 | $17.77 | x |
| 2006-12-31 | $6.65 | $17.77 | x |
| 2007-12-31 | $5.82 | $17.77 | x |
| 2008-12-31 | $5.11 | $17.77 | x |
| 2009-12-31 | $5.01 | $17.77 | x |
| 2010-12-31 | $5.10 | $17.77 | x |
| 2011-12-31 | $4.90 | $17.77 | x |
| 2012-12-31 | $5.93 | $17.77 | x |
| 2013-12-31 | $6.23 | $17.77 | x |
| 2014-12-31 | $13.38 | $17.77 | x |
| 2015-12-31 | $13.32 | $17.77 | x |
| 2016-12-31 | $15.00 | $17.77 | x |
| 2017-12-31 | $14.77 | $17.77 | x |
| 2018-12-31 | $14.46 | $17.77 | x |
| 2019-12-31 | $15.00 | $17.77 | x |
| 2020-12-31 | $16.79 | $17.77 | x |
| 2021-12-31 | $18.08 | $17.77 | x |
| 2022-12-31 | $16.83 | $17.77 | x |
| 2023-12-31 | $17.04 | $17.77 | x |
| 2024-12-31 | $18.24 | $17.77 | x |
| 2025-12-31 | $19.56 | $17.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Waterstone Financial Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.74%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 6.47x
- Recent ROE (7.56%) is above the historical average (5.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 5.75% | 207.56% | 0.00x | 10.56x | $-3.94 Million |
| 2001 | 10.47% | 311.73% | 0.00x | 9.68x | $488.30K |
| 2002 | 9.69% | 316.11% | 0.00x | 9.64x | $-354.60K |
| 2003 | 8.62% | 29.14% | 0.03x | 10.10x | $-1.70 Million |
| 2004 | 6.83% | 22.47% | 0.03x | 10.39x | $-4.23 Million |
| 2005 | 2.34% | 6.12% | 0.06x | 6.52x | $-17.74 Million |
| 2006 | 3.34% | 8.27% | 0.06x | 6.83x | $-16.07 Million |
| 2007 | 0.77% | 1.50% | 0.06x | 8.47x | $-18.62 Million |
| 2008 | -15.44% | -23.54% | 0.06x | 11.01x | $-43.57 Million |
| 2009 | -6.01% | -9.07% | 0.06x | 11.08x | $-27.00 Million |
| 2010 | -1.08% | -1.44% | 0.07x | 10.50x | $-19.08 Million |
| 2011 | -4.49% | -6.10% | 0.07x | 10.30x | $-24.11 Million |
| 2012 | 17.23% | 21.68% | 0.10x | 8.20x | $14.65 Million |
| 2013 | 6.86% | 9.76% | 0.08x | 9.08x | $-6.74 Million |
| 2014 | 2.83% | 8.59% | 0.08x | 3.96x | $-32.29 Million |
| 2015 | 4.23% | 9.96% | 0.09x | 4.50x | $-22.62 Million |
| 2016 | 6.22% | 13.64% | 0.10x | 4.36x | $-15.54 Million |
| 2017 | 6.30% | 13.78% | 0.10x | 4.38x | $-15.25 Million |
| 2018 | 7.69% | 16.31% | 0.10x | 4.79x | $-9.21 Million |
| 2019 | 9.12% | 17.33% | 0.10x | 5.07x | $-3.47 Million |
| 2020 | 19.64% | 25.53% | 0.15x | 5.29x | $39.83 Million |
| 2021 | 16.36% | 26.37% | 0.12x | 5.12x | $27.51 Million |
| 2022 | 5.26% | 11.39% | 0.08x | 5.48x | $-17.56 Million |
| 2023 | 2.72% | 5.30% | 0.08x | 6.43x | $-25.03 Million |
| 2024 | 5.51% | 9.37% | 0.09x | 6.52x | $-15.23 Million |
| 2025 | 7.56% | 22.74% | 0.05x | 6.47x | $-8.54 Million |
Industry Comparison
This section compares Waterstone Financial Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Waterstone Financial Inc (WSBF) | $349.39 Million | 5.75% | 5.47x | $275.73 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |