Waterstone Financial, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $141.9M | $135.5M | $131.4M | $162.5M | $258.7M | $297.5M | $182.9M | $172.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $33.4M | $24.0M | $60.0M | $37.8M | $106.5M | $133.1M | $75.1M | $59.8M |
| Operating Margin | 23.6% | 17.7% | 45.7% | 23.2% | 41.2% | 44.7% | 41.1% | 34.7% |
| Interest Expense | — | — | $49.0M | $13.3M | $14.4M | $25.0M | $27.5M | $19.5M |
| Pretax Income | $33.4M | $24.0M | $11.0M | $24.5M | $92.1M | $108.1M | $47.6M | $40.3M |
| Income Tax Expense | $7.0M | $5.3M | $1.7M | $5.0M | $21.3M | $27.0M | $11.7M | $9.5M |
| Net Income | $26.4M | $18.7M | $9.4M | $19.5M | $70.8M | $81.1M | $35.9M | $30.8M |
| Net Margin | 18.6% | 13.8% | 7.1% | 12.0% | 27.4% | 27.3% | 19.6% | 17.8% |
| EPS (Basic) | $1.48 | $1.01 | $0.47 | $0.89 | $2.98 | $3.32 | $1.38 | $1.12 |
| EPS (Diluted) | $1.48 | $1.01 | $0.46 | $0.89 | $2.96 | $3.30 | $1.37 | $1.11 |
| Shares Outstanding (Basic) | 17.8M | 18.6M | 20.2M | 21.9M | 23.7M | 24.5M | 26.0M | 27.4M |
| Shares Outstanding (Diluted) | 17.9M | 18.6M | 20.2M | 22.0M | 23.9M | 24.6M | 26.2M | 27.6M |
| Dividends Per Share | $0.60 | $0.60 | $0.70 | $0.80 | $1.80 | $1.36 | $0.98 | $0.98 |