Waterstone Financial, Inc. (WSBF) Fair Value 2026

WSBF · Banks - Regional ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

6.9 /10

32 fundamental signals · 6 models active

Value Trap Risk

SAFE (22/100)

Quick Summary — As of 2026-08-27, Waterstone Financial, Inc. (WSBF) trades at $21.07, versus a $16.08 median fair value across its 6 active models — 23.7% below the current price. QOC: 6.9/10. Value Trap Risk: 22/100 (SAFE). 6/13 models active.

Key Facts

Ticker
WSBF
Price
$21.07
Quality Score
6.9/10
Value Trap Risk
22/100
Models Active
6/13
Last Updated
Strength: 6 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Is Waterstone Financial, Inc. (WSBF) Undervalued or Overvalued in 2026?

According to CirclFi’s 6-model valuation engine, Waterstone Financial, Inc. (WSBF) appears overvalued as of : the median of 6 independent fair value estimates is $16.08, 23.7% below the current price of $21.07. Estimates range from $12.84 to $20.62. WSBF scores 6.9/10 on fundamental quality and 22/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. WSBF’s -23.7% gap is narrower than that market norm, and the Banks - Regional sector median is -22.0%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Waterstone Financial, Inc. Stock in 2026? →

What Fair Value Does Each Model Give WSBF?

6 Intrinsic Value Models vs. Current Price ($21.07)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $19.91 -5.5%
Ensemble · Medium Conviction
 $16.19 -23.2%
Intrinsic · High Conviction
 $15.26 -27.6%
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What Is WSBF's Fair Value Range?

Spread across 6 independent models · $12.84 to $20.62

CirclFi's 6 active models place Waterstone Financial, Inc. (WSBF) between $12.84 and $20.62 per share, a spread of 48% of the median. The median of that range — $16.08 — is the fair value CirclFi publishes for WSBF, against a current price of $21.07.

Low · ML-RIVHigh · FTNN
$12.84median $16.08$20.62
Where the range comes from
Most bearish modelML Residual Income$12.84
Most bullish modelFTNN Topology$20.62
Model agreement0 bullish · 5 bearishmoderate

A band of this width is typical. The methods agree on direction but weight growth, reinvestment and risk differently, so treat the median as a centre of gravity rather than a precise target.

Every figure above is one model's standalone output on WSBF, not a CirclFi price target. How each model works →

What Is Waterstone Financial, Inc. (WSBF) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Waterstone Financial, Inc.'s intrinsic value is estimated at $16.08. Trading at its current price of $21.07, the valuation engine raises significant caution: 5 of 6 models flag downside risk, projecting a median implied return of -23.7%. The most optimistic model, FTNN, places fair value at $20.62 (-2.2%), while ML-RIV — the most conservative — estimates $12.84 (-39.1%). This +36.9% gap reflects genuine analytical uncertainty about Waterstone Financial, Inc.'s intrinsic worth.

What Do the Models Say About WSBF?

6 of 13 models are currently active for WSBF. All 6 active models suggest the stock trades above fair value. Taken together, their median fair value for WSBF is $16.08 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does WSBF Rank in Banks - Regional?

Among 349 Banks - Regional stocks, WSBF ranks #304 by Quality of Company score. CirclFi's QOC score of 6.9/10 evaluates 32 fundamental signals. A score of 6.9 indicates above-average quality.

See all Most Undervalued Banks - Regional Stocks →

Waterstone Financial, Inc.'s positioning within the Banks - Regional segment means that CET1 capital ratio plays an outsized role in fundamental analysis. The sector's unique characteristics — including fee income diversification — shape both the opportunity set and risk profile.

Is WSBF a Value Trap?

CirclFi's Value Trap algorithm assigns WSBF a score of 22/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

6 of 13 models are active for Waterstone Financial, Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, Waterstone Financial, Inc. earns a quality score of 6.9/10. This respectable rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +36.9% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every WSBF valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across WSBF's 6 active models, average confidence is 40%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Waterstone Financial, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Banks - Regional Stocks Should You Also Analyze?

11 related Banks - Regional stocks with 13-model coverage

AVBHAvidbank Holdings, Inc.QOC 6.9MSBIMidland States Bancorp, Inc.QOC 6.9BCBPBCB Bancorp, Inc.QOC 7.0HBNCHorizon Bancorp, Inc.QOC 6.9WFWoori Financial Group Inc.QOC 7.0MSBBMercer Bancorp, Inc.QOC 6.9HOMBHome BancShares, Inc.QOC 8.6HFWAHeritage Financial CorporationQOC 8.2LARKLandmark Bancorp, Inc.QOC 7.8ESQEsquire Financial Holdings, Inc.QOC 9.1PEBOPeoples Bancorp Inc.QOC 9.1

Read investment analysis: AVBH · MSBI · BCBP · HBNC · WF · MSBB · HOMB · HFWA · LARK · ESQ · PEBO

Which Other Stocks Have a Similar Quality Score to WSBF?

6 companies across all industries closest to WSBF’s Quality of Company score of 6.9/10.

VHIValhi, Inc.QOC 6.9CRSRCorsair Gaming, Inc.QOC 6.9RGRSturm, Ruger & Company, Inc.QOC 6.9CVGICommercial Vehicle Group, Inc.QOC 6.9SABRSabre CorporationQOC 6.9NVDANVIDIA CorporationQOC 10.0

Read investment analysis: VHI · CRSR · RGR · CVGI · SABR · NVDA

Where Does WSBF Sit in CirclFi's Banks - Regional Rankings?

WSBF is ranked against every other Banks - Regional stock CirclFi covers in each of these screens.

See all Banks - Regional stocks ranked →

What Else Do Investors Ask About Waterstone Financial, Inc.’s Valuation?

What is Waterstone Financial, Inc.'s intrinsic value in 2026?

CirclFi puts Waterstone Financial, Inc. (WSBF)'s intrinsic value at $16.08 — the median of 6 independent model estimates as of 2026-08-27, ranging from $12.84 to $20.62. The Quality of Company score is 6.9/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is WSBF overvalued or undervalued right now?

At $21.07, 0 of 6 active models suggest WSBF may be undervalued, while 6 indicate potential overvaluation. The median of all 6 fair value estimates is $16.08, 23.7% below the current price of $21.07 — a consensus view that WSBF is overvalued. The assessment depends on which methodology best fits Waterstone Financial, Inc.'s business model in Banks - Regional.

What does a Quality of Company score of 6.9 mean for WSBF?

Waterstone Financial, Inc.'s QOC of 6.9/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on WSBF?

CirclFi analyzes WSBF with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 6 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on WSBF?

Of the 6 models currently active on WSBF, FTNN Topology is the most bullish at $20.62 per share, and ML Residual Income is the most bearish at $12.84. CirclFi's published fair value for WSBF is the median of that range, $16.08, not either extreme. The gap between the two ends equals 48% of the median — a normal spread for a company of this profile. Browse stocks by value-trap risk →

Is WSBF a value trap in 2026?

Waterstone Financial, Inc.'s Value Trap score is 22/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 6-model valuation engine, Waterstone Financial, Inc. (WSBF) has a median fair value of $16.08 — 23.7% below the current price of $21.07 — as of 2026-08-27.” Source: circlfi.com/stock/WSBF/ · Methodology
Primary sources for this WSBF valuation
  • Financial statements: Waterstone Financial, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001569994) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for WSBF as of ; valuations recomputed .

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