Waterstone Financial Reports 2024 Year-End Results
Ticker: WSBF · Form: 10-K · Filed: Feb 28, 2025 · CIK: 1569994
| Field | Detail |
|---|---|
| Company | Waterstone Financial, Inc. (WSBF) |
| Form Type | 10-K |
| Filed Date | Feb 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, 10-K, savings-institution, loan-portfolio
Related Tickers: WSBF
TL;DR
WSBF 2024 10-K out: $232.6M assets, $227.7M liabilities. Solid but watch non-accrual loans.
AI Summary
Waterstone Financial, Inc. filed its 2024 10-K on February 28, 2025, reporting on its fiscal year ending December 31, 2024. The company, a federally chartered savings institution, had total assets of $232.6 million and total liabilities of $227.7 million as of year-end 2024. The filing details various financial metrics and disclosures relevant to its operations.
Why It Matters
This filing provides a comprehensive overview of Waterstone Financial's financial health and operational performance for the fiscal year 2024, crucial for investors and stakeholders to assess the company's stability and future prospects.
Risk Assessment
Risk Level: medium — The company has a significant amount of non-accrual loans across several categories, indicating potential credit quality issues.
Key Numbers
- $232.6B — Total Assets (Represents the company's total resources as of December 31, 2024.)
- $227.7B — Total Liabilities (Represents the company's total obligations as of December 31, 2024.)
- $1.1 million — Non-accrual Loans (Amount of loans on non-accrual status as of December 31, 2024, indicating potential credit risk.)
- $522,000 — Non-accrual Loans (Another category of loans on non-accrual status as of December 31, 2024.)
- $28,000 — Non-accrual Loans (A third category of loans on non-accrual status as of December 31, 2024.)
Key Players & Entities
- Waterstone Financial, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-02-28 (date) — Filing date
- $232,630 (dollar_amount) — Total assets
- $227,716 (dollar_amount) — Total liabilities
- $1.1 million (dollar_amount) — Non-accrual loans as of December 31, 2024
- $522,000 (dollar_amount) — Non-accrual loans as of December 31, 2024
- $28,000 (dollar_amount) — Non-accrual loans as of December 31, 2024
FAQ
What was Waterstone Financial's total asset value at the end of fiscal year 2024?
Waterstone Financial reported total assets of $232,630 as of December 31, 2024.
What were the total liabilities for Waterstone Financial at the close of fiscal year 2024?
The company's total liabilities were $227,716 as of December 31, 2024.
How much in loans were on non-accrual status for Waterstone Financial on December 31, 2024?
Waterstone Financial had $1.1 million in loans on non-accrual status as of December 31, 2024.
What is Waterstone Financial's primary business activity?
Waterstone Financial, Inc. is classified under Standard Industrial Classification 6035 as a Savings Institution, Federally Chartered.
When did Waterstone Financial file its 2024 10-K report?
Waterstone Financial filed its 2024 10-K report on February 28, 2025.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 28, 2025 regarding Waterstone Financial, Inc. (WSBF).