Waterstone Financial, Inc.
Waterstone Financial, Inc. is a U.S.-based savings and loan holding company centered on WaterStone Bank SSB and its mortgage banking subsidiary, Waterstone Mortgage Corporation. The company combines community banking in southeastern Wisconsin with a multi-state mortgage origination platform that serves borrowers through a network of banking and mortgage offices.
Tilikausi 2025 · muutos edellisvuodesta
Kehitys 2020–2025
Liiketoiminta
Osuus liikevaihdostaReal estate, home equity, commercial business, and consumer lending originated by WaterStone Bank.
Mortgage origination and related fee income generated by Waterstone Mortgage Corporation.
Retail and transaction deposit products used to fund lending and support customer relationships.
Income from the securities portfolio and other banking-related activities.
Asiakkaat
The company serves retail banking customers, mortgage borrowers, and small-to-mid-sized commercial clients. Its lending base is relationship-driven, with many customers using the bank for deposits, home financing, and local business credit needs.
Individuals and families buying, refinancing, or improving homes through mortgage products and related services.
Local deposit and lending customers who use checking, savings, CDs, and home equity products.
Businesses and property owners financing one- to four-family, multi-family, and commercial real estate.
Local operating businesses using commercial business loans and revolving credit facilities.
Strategia
The company’s strategy is to build and retain profitable consumer and commercial relationships while preserving its community bank identity. It also uses its mortgage subsidiary to extend origination reach beyond Wisconsin, broadening customer acquisition and fee generation.
Local deposits and lending relationships support funding stability and cross-sell opportunities.
The mortgage platform broadens geographic reach and supports fee income diversification.
Loan growth depends on stable deposit funding and access to alternative borrowings if needed.
Maantiede
WaterStone Bank conducts community banking from 14 offices in Milwaukee, Washington, and Waukesha counties in Wisconsin. Waterstone Mortgage Corporation operates a broader branch network across 24 U.S. states, giving the company a local banking core in Wisconsin and a wider national mortgage footprint.
Riskit
Waterstone Financial operates in a highly regulated banking environment and faces interest-rate, liquidity, credit, and operational risks typical of deposit-funded lenders. Its business is also exposed to competition for deposits and loans, mortgage market cyclicality, and customer concentration around relationship managers and local markets.
- Interest-rate riskVaikutus: KorkeaTodennäköisyys: Korkea
Assets are largely longer-duration mortgage loans while liabilities are mainly deposits, creating repricing mismatch.
Kohdistuu: Net interest income and economic value of equity
- Deposit retention and funding riskVaikutus: KorkeaTodennäköisyys: Korkea
A large amount of CDs mature within one year, and lost deposits may require more expensive borrowings.
Kohdistuu: Liquidity and funding cost
- Regulatory supervision and enforcementVaikutus: KorkeaTodennäköisyys: Kohtalainen
As a federally chartered savings institution, the company is subject to extensive bank regulation and examination.
Kohdistuu - Mortgage market cyclicalityVaikutus: KeskitasoTodennäköisyys: Korkea
Mortgage banking volumes depend on housing turnover, refinance activity, and interest rates.
Kohdistuu: Fee income and branch utilization
- Operational and fraud riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen
High transaction volumes and digital processing increase exposure to errors, fraud, and system failures.
Kohdistuu - Customer relationship concentrationVaikutus: KeskitasoTodennäköisyys: Kohtalainen
The business depends on key employees and long-standing local relationships.
Kohdistuu: Loan and deposit attrition
Kirjanpito
Harkinnanvaraiset erätManagement estimates expected losses using models, forecasts, and qualitative factors, which can materially change provisions.
Vaikutus: Loan loss provision and carrying value of loans and securities
Origination and gain-on-sale income depend on loan closing timing and secondary-market execution.
Vaikutus: Noninterest income and quarterly volatility
Mortgage-backed and other debt securities require valuation assumptions and can be affected by rate movements.
Vaikutus: Accumulated other comprehensive income and asset values
Deposit maturities and borrowings influence funding assumptions and going-forward liquidity analysis.
Vaikutus: Interest expense and balance sheet composition
Samankaltaisia listattuja yhtiöitä
Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.
Marathon Bancorp, Inc.
MBBC · Savings Institutions, Not Federally Chartered
WesBanco, Inc
WSBC · National Commercial Banks
EWSB Bancorp, Inc.
EWSB · Savings Institutions, Not Federally Chartered
Wells Fargo & Company
WFC · National Commercial Banks
Wells Fargo & Company is a U.S.-based financial holding company organized in Delaware with banking subsidiaries, led by Wells Fargo Bank, N.A.
Webster Financial Corporation
National Commercial Banks
Hawthorn Bancshares, Inc
HWBK · National Commercial Banks
Päivitetty: 24.9.2026