Waterstone FinancialWSBF +0.16%56 Return-on-Tangible-Equity is 6.88% as of Mar. 2026, which is 1% below its 10-year median of 6.97. GuruFocus rates WSBF with a GF Score™ of 56/100 and a GF Value™ of $16.88 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,521 Banks companies, Waterstone Financial ranks worse than 65.88% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Waterstone Financial's annualized net income for the quarter that ended in Mar. 2026 was $24.0 Mil. Waterstone Financial's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $348.8 Mil. Therefore, Waterstone Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.88%.
The historical rank and industry rank for Waterstone Financial's Return-on-Tangible-Equity or its related term are showing as below:
WSBF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.62 Med: 6.97 Max: 20.12
Current: 8.51
During the past 13 years, Waterstone Financial's highest Return-on-Tangible-Equity was 20.12%. The lowest was 2.62%. And the median was 6.97%.
WSBF's Return-on-Tangible-Equity is ranked worse than 65.88% of 1521
companies
in the Banks industry
Industry Median: 11.19
vs WSBF: 8.51
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Waterstone Financial Return-on-Tangible-Equity Related Terms
Waterstone Financial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Waterstone Financial's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WSBF vs USCB, MVBF, RVRF: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Waterstone Financial's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Waterstone Financial Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Waterstone Financial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Waterstone Financial's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.88% mean?
Waterstone Financial (WSBF) has a Return-on-Tangible-Equity of 6.88% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Waterstone Financial and its competitors. This is near median its historical median of 6.97. Over the past decade, Waterstone Financial's Return-on-Tangible-Equity has ranged from 2.62 to 20.12. According to the industry distribution chart, Waterstone Financial ranks #1002 out of 1521 companies in the Banks industry, placing it in the top 65.9%.
Is Waterstone Financial's Return-on-Tangible-Equity too high?
Waterstone Financial's current Return-on-Tangible-Equity of 6.88% is near median its 10-year median of 6.97. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 20.12. The Banks industry median Return-on-Tangible-Equity is 11.19. Waterstone Financial's value of 6.88% is 38.5% below this industry median. Based on the distribution chart, Waterstone Financial ranks #1002 out of 1521 companies in the Banks industry, which is below the industry midpoint. Overall, Waterstone Financial has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waterstone Financial's Return-on-Tangible-Equity compare to USCB and MVBF?
According to the Banks industry distribution chart, Waterstone Financial ranks #1002 out of 1521 companies for Return-on-Tangible-Equity. This places Waterstone Financial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.19. Waterstone Financial's value of 6.88% is 38.5% below this benchmark. Historically, Waterstone Financial's own Return-on-Tangible-Equity has ranged from 2.62 to 20.12 over the past decade. While the company's 10-year median is 6.97 vs. the industry median of 11.19, Waterstone Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,521 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waterstone Financial's current Return-on-Tangible-Equity of 6.88% is 38.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Waterstone Financial and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waterstone Financial's current Return-on-Tangible-Equity is 6.88%, which is near median its own 10-year median of 6.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waterstone Financial stock overvalued right now?
Based on GuruFocus' analysis, Waterstone Financial (WSBF) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.88, compared to a current price of $19.35 — trading 14.6% above its estimated fair value. The current Return-on-Tangible-Equity is 6.88%, which is near median its 10-year median of 6.97 and 38.5% below the Banks industry median of 11.19. Waterstone Financial's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Waterstone Financial (WSBF), the current Return-on-Tangible-Equity is 6.88% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Waterstone Financial (WSBF) Overvalued in 2026?
Based on GuruFocus' analysis, Waterstone Financial stock appears to be overvalued.
The current stock price of $19.35 is trading 14.6% above its estimated GF Value™ of $16.88.
GuruFocus considers Waterstone Financial to be Modestly Overvalued.
Key valuation signals for WSBF:
Return-on-Tangible-Equity: 6.88% (near median its 10-year median of 6.97)
GF Value™: $16.88 vs. price of $19.35 (14.6% above fair value)
Industry Position: 38.5% below the Banks median (#1002 of 1521)
No single metric tells the full story. See the WSBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waterstone Financial Inc is a holding company. Through its subsidiaries, it operates in two reportable 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 majority of its revenue comes from the Community Banking segment.
56GF Score
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