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WATERSTONE FINL (MD.)(47Z)

Description: Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposits, individual retirement accounts, and certificates of deposit; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, insurance products, and trust and investment management accounts. It also provides transaction deposits, interest bearing transaction accounts, demand deposits, non-interest-bearing demand accounts, and time deposits; secured and unsecured lines; commercial real estate construction loans; term loans for working capital, inventory, and general corporate use; and personal term loans and investment services. The Mortgage Banking segment offers residential mortgage loans for the purpose of sale in the secondary market. It also invests in a portfolio of securities include mortgage-backed securities, government-sponsored and private-label enterprise bonds, collateralized mortgage and municipal obligations, and other debt securities. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. The company was founded in 1921 and is based in Wauwatosa, Wisconsin.


Keywords: Bank Insurance Products Structured Finance Mortgage Backed Security Mortgage Investment Services Online Banking Commercial Bank Business Banking Products Real Estate Financing Mortgage Bank Money Transfer Services Real Estate Construction Loans Bill Pay Services Transactional Solutions Investable Funds Solutions Subprime Crisis Impact Timeline

Home Page: www.wsbonline.com

11200 West Plank Court
Wauwatosa, WI 53226
United States
Phone: 414 761 1000


Officers

Name Title
Mr. William F. Bruss J.D. CEO, President, General Counsel, Secretary & Director
Mr. Mark Raymond Gerke CPA Executive VP, CFO & Chief Accounting Officer
Ms. Julie A. Glynn Executive Vice President
Mr. Ryan J. Gordon Executive VP & Chief Credit Officer
Mr. Jeffrey R. McGuiness President & CEO of Waterstone Mortgage Corporation
Mr. Kyle J. Mertz Controller

Exchange: F

Country: DE : Germany

Currency: Euro (€)

GIC Sector: Financials
GIC Group: Banks
GIC Industry: Banks
GIC Sub-Industry: Regional Banks
Forward PE: 0
Trailing PE: 20
Price-to-Book MRQ: 0.8155
Price-to-Sales TTM: 2.0624
IPO Date:
Fiscal Year End: December
Full Time Employees: 698
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