Waterstone Financial (NASDAQ:WSBF) Holdings Increase by BNP Paribas Financial Markets
Waterstone Financial, Inc. (NASDAQ:WSBF) has seen a significant increase in institutional investment, with BNP Paribas Financial Markets growing its holdings in the company by 62.9% during the first quarter. Other hedge funds and institutional investors have also made changes to their positions in Waterstone Financial, indicating a growing interest in the savings and loans company.
The stock of Waterstone Financial has also seen a slight increase, with a 0.2% uptick. With a market cap of $303.89 million, a PE ratio of 29.75, and a beta of 0.64, the company continues to show stability and growth potential.
In terms of financial performance, Waterstone Financial recently announced its quarterly earnings data, reporting $0.20 earnings per share for the quarter. The company had revenue of $32.39 million and a return on equity of 3.71%.
Additionally, Waterstone Financial declared a quarterly dividend, with stockholders set to receive $0.15 per share on Thursday, August 1st. This represents a $0.60 annualized dividend and a dividend yield of 3.88%.
Waterstone Financial operates as a bank holding company for WaterStone Bank SSB, providing various financial services to customers in southeastern Wisconsin. The company offers consumer and business banking products, mortgage banking services, and investment solutions.
Overall, Waterstone Financial continues to show positive growth and stability in the financial market, making it a company to watch for potential investors.
