Revenue Update on Waterstone Financial(NASDAQ:WSBF)

Waterstone Financial(NASDAQ:WSBF) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Intraday on Jul 22, 2016. Earnings per share were $0.29.

Waterstone Financial (WSBF) shares turned negative on Thursdays trading session with the shares closing down -0.03 points or -0.19% at a volume of 45,655. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $15.75. The peak price level was also seen at $15.75 while the days lowest was $15.64. Finally the shares closed at $15.72. The 52-week high of the shares is $15.95 while the 52-week low is $12.38. According to the latest information available, the market cap of the company is $458 M.

Several Insider Transactions has been reported to the SEC. On May 12, 2016, William F Bruss (COO General Counsel) sold 2,500 shares at $14.16 per share price.Also, On Mar 9, 2016, Mark Raymond Gerke (CFO) sold 2,000 shares at $14.03 per share price.On Mar 1, 2016, Rebecca M Arndt (Senior Vice President) sold 4,601 shares at $14.15 per share price, according to the Form-4 filing with the securities and exchange commission.

Waterstone Financial Inc. is the holding company of Waterstone Bank SSB (Waterstone Bank). The Company operates through two segments: community banking and mortgage banking. Waterstone Bank is a community bank. Waterstone Bank also has an active mortgage banking subsidiary Waterstone Mortgage Corporation. Waterstone Bank’s principal lending activity is originating one- to four-family and multi-family residential real estate loans for retention in its portfolio. Waterstone Bank also offers to a lesser extent home equity loans and lines of credit construction and land loans commercial real estate and commercial business loans and consumer loans. The Bank’s deposit offerings include certificates of deposit money market savings accounts transaction deposit accounts non-interest bearing demand accounts and individual retirement accounts. The Bank’s subsidiary Wauwatosa Investments Inc. manages its investment portfolio.

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