WSBF Stock Summary and Trading Ideas (Waterstone Financial | NASDAQ:WSBF)

Waterstone Financial Inc is a holding company. Through its subsidiaries, It operates in two segments: Community Banking and Mortgage Banking. The community banking segment provides consumer and business banking products and services to customers, which include various types of loans, deposits, and personal investment services. The Mortgage Banking segment involves residential mortgage loans for the primary purpose of sale in the secondary market. The vast majority of its revenue comes from the community banking segment.

Waterstone Financial trades on the NASDAQ stock market under the symbol WSBF.

As of January 6, 2025, WSBF stock price declined to $12.88 with 42,508 million shares trading.

WSBF has a beta of 0.77, meaning it tends to be less sensitive to market movements. WSBF has a correlation of 0.09 to the broad based SPY ETF.

WSBF has a market cap of $249.53 million. This is considered a Small Cap stock.

In the last 3 years, WSBF traded as high as $22.00 and as low as $9.62.

The top ETF exchange traded funds that WSBF belongs to (by Net Assets): VTI, IWM, VXF, IWN, AVUV.

WSBF has underperformed the market in the last year with a price return of -3.7% while the SPY ETF gained +28.7%. WSBF has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.9% and -4.2%, respectively, while the SPY returned +4.2% and +0.1%, respectively.

WSBF support price is $12.68 and resistance is $13.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WSBF shares will trade within this expected range on the day.