Michael Hansen
On April 17, 2025, Waterstone Financial, Inc. (the “Company”), announced today that Michael Hansen has decided to retire as a Director of the Company and its wholly-owned subsidiary WaterStone Bank SSB.
Highest-materiality recent filing
Waterstone Financial shareholders elect three directors, ratify auditor, approve say-on-pay
Elected Stephen Schmidt, Derek Tyus, Molly Mulroy as directors each to a 3-year term (2029).
Waterstone Financial expands buyback by 2M shares, totaling ~11.9% of outstanding
Board authorized repurchase of up to an additional 2,000,000 shares under existing program.
Waterstone Financial Reports Q1 2026 Net Income of $6.0M, Up from $3.0M Year Ago
Net income of $6.0M ($0.34 per diluted share) for Q1 2026 vs. $3.0M ($0.17 per share) in Q1 2025.
Waterstone Financial raises quarterly cash dividend 13.3% to $0.17 per share
Board declared quarterly cash dividend of $0.17 per common share, a 13.3% increase from prior dividend.
Waterstone Financial Q4 2025 net income $7.7M ($0.44 EPS), up from $5.2M ($0.28) YoY
Net income $7.7M vs $5.2M in Q4 2024; diluted EPS $0.44 vs $0.28.
Waterstone Financial declares regular quarterly dividend of $0.15/share
Dividend of $0.15 per common share declared by Board on December 18, 2025.
Waterstone Financial Q3 net income $7.9M, EPS $0.45 up 73% YoY; NIM expands 63 bps
Net income $7.9M ($0.45 diluted) vs $4.7M ($0.26) a year ago; sequential rise from $7.7M ($0.43).
Waterstone Financial Director Michael Hansen to Retire; Piotrowski Named Audit Committee Chair
Michael Hansen resigns as Audit Committee Chair effective Oct 21, 2025; will retire from Board on Dec 31, 2025.
Waterstone Financial declares $0.15/share regular quarterly dividend
Dividend of $0.15 per common share declared by Board on Sept 23, 2025.
Waterstone Financial Q2 net income $7.7M ($0.43 EPS) vs $5.7M ($0.31) YoY; NIM expands 59 bps
Pre-tax income in Community Banking up 50.4% YoY to $7.6M; net interest income rose 21.4% to $13.6M.
Waterstone Financial elects Molly Mulroy and Laura Piotrowski to Board
Elected effective July 22, 2025; Mulroy to serve until 2026 annual meeting, Piotrowski until 2028.
Waterstone Financial declares $0.15 quarterly dividend payable Aug 1, 2025
Regular quarterly cash dividend of $0.15 per common share declared by Board on June 17, 2025.
Waterstone Financial holds 2025 Annual Meeting; all proposals approved
Shareholders elected Ellen S. Bartel to Board with 12,079,443 votes for and 1,950,360 withheld (to 2028).
Waterstone Financial Q1 net income $3.0M, EPS $0.17; community banking pre-tax up 42%
Consolidated net income $3.0M ($0.17 diluted EPS) vs $3.0M ($0.16) YoY; ROAA 0.57%.
Director Michael Hansen to retire after 22 years; stays until successor elected
Michael Hansen, director since 2003, will retire from Waterstone Financial board.
Waterstone Financial declares $0.15 quarterly dividend payable May 1
Regular quarterly cash dividend of $0.15 per common share declared on March 20, 2025.
Waterstone Financial Q4 net income $5.2M ($0.28 EPS) vs Q4 2023 loss; full-year EPS $1.01
Quarter ended Dec 31, 2024 net income of $5.2M ($0.28 diluted EPS) vs net loss of $40K in Q4 2023.
Waterstone Financial declares $0.15 regular quarterly dividend payable Feb 3, 2025
Regular quarterly cash dividend of $0.15 per common share declared.
Waterstone Financial Q3 net income $4.7M ($0.26 EPS) vs $3.3M a year ago
Net income $4.7M ($0.26 diluted EPS) for Q3 2024, up from $3.3M ($0.16 EPS) in Q3 2023.
Waterstone Financial declares regular quarterly dividend of $0.15 per share
Board declared $0.15 quarterly dividend on September 24, 2024.
Waterstone Financial Q2 2024 net income rises to $5.7M ($0.31 EPS) from $4.0M YoY
Net income $5.7M ($0.31 diluted EPS) vs $4.0M ($0.20) in Q2 2023; six-month EPS $0.47 vs $0.30.
Waterstone Financial declares $0.15 quarterly cash dividend
Dividend of $0.15 per common share declared on June 18, 2024
Shareholders elected Douglas S. Gordon (12.6M for, 1.6M withheld) and Patrick S. Lawton (12.4M for, 1.8M withheld) to 3-year terms.
Waterstone Financial Q1 net income $3.0M ($0.16 EPS) vs $2.2M ($0.10) YoY; one-time tax charge $0.04
Community Banking pre-tax income $4.3M, down 33.5% YoY; net interest margin fell 73 bps to 2.15%.
Waterstone Financial enters employment agreement with President and CEO Jeffrey McGuiness
President and CEO Jeffrey McGuiness signs employment agreement effective April 24, 2024 through Dec 31, 2026.
Waterstone Financial expands buyback by 2M shares; total now 2.2M shares (11.2% of outstanding)
Board authorized repurchase of up to an additional 2,000,000 shares under existing program.
On April 17, 2025, Waterstone Financial, Inc. (the “Company”), announced today that Michael Hansen has decided to retire as a Director of the Company and its wholly-owned subsidiary WaterStone Bank SSB.
Max materiality 0.80 · Median 0.53 · Most common event earnings