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WATERSTONE FINANCIAL, INC. (NASDAQ:WSBF) Files An 8-K Other Events

WATERSTONE FINANCIAL, INC. (NASDAQ:WSBF) Files An 8-K Other Events
Item 8.01 Other Events.

On July 21, 2020, Waterstone Financial, Inc. issued a press release announcing that the Company\’s Board of Directors authorized a stock repurchase program of up to 2,000,000 shares of the Company\’s outstanding shares of common stock. This stock repurchase program follows the completion of the previous repurchase program during which the Company repurchased a total of 2,000,000 shares of its common stock at a weighted average price of $15.65 per share. A copy of the press release is filed as Exhibit 99.1 attached to this report and incorporated by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. Description
99.1 Press release of Waterstone Financial, Inc. issued July 21, 2020.
Waterstone Financial, Inc. Exhibit
EX-99.1 2 exhibit991.htm EXHIBIT 99.1 Exhibit 99.1       WATERSTONE FINANCIAL,…
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About WATERSTONE FINANCIAL, INC. (NASDAQ:WSBF)

Waterstone Financial, Inc. is the holding company of WaterStone Bank SSB (WaterStone Bank). WaterStone Bank is a community bank. The Company operates in two segments: community banking and mortgage banking. The community banking segment provides consumer and business banking products and services. Its consumer products include loan products, deposit products, and personal investment services. Its business banking products include loans for working capital, inventory and general corporate use, commercial real estate construction loans, and deposit accounts. The mortgage banking segment, which is conducted through Waterstone Mortgage Corporation, consists of originating residential mortgage loans primarily for sale in the secondary market. As of December 31, 2015, WaterStone Bank conducted its community banking business from 11 banking offices located in Milwaukee, Washington and Waukesha Counties, Wisconsin, as well as a loan production office in Minneapolis, Minnesota.