Waterstone Financial Shares Show Strong Bullish Momentum

Regional banking institution Waterstone Financial continues to demonstrate impressive upward momentum in its stock performance. The equity closed Friday’s trading session at $15.30, marking its seventh positive close within just ten trading days. This consistent performance has resulted in a 4.1% gain over the past two weeks, signaling growing investor confidence and strengthening bullish sentiment.

The technical picture gains substantial support from Waterstone’s robust fundamental performance. The company’s earnings growth reached an impressive 77.8% last year, while profit margins expanded significantly from 10.1% to 17.4%. The mortgage banking segment showed particularly explosive growth, surging from $144,000 in the prior year quarter to a substantial $1.3 million profit.

With revenue standing at $37.04 million and Read more...