Waterstone Financial Inc. (WSBF) and County Bancorp Inc. (NASDAQ:ICBK) Comparison side by side

Waterstone Financial Inc. (NASDAQ:WSBF) and County Bancorp Inc. (NASDAQ:ICBK) have been rivals in the Savings & Loans for quite some time. Below is a review of each business including various aspects such as risk, institutional ownership, analyst recommendations, profitability, dividends, earnings and valuation.

Valuation and Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Waterstone Financial Inc. 173.44M 2.48 30.75M 1.11 14.69
County Bancorp Inc. 48.25M 2.57 13.15M 2.09 10.06

Table 1 highlights Waterstone Financial Inc. and County Bancorp Inc.’s gross revenue, earnings per share (EPS) and valuation. County Bancorp Inc. appears to has lower revenue, but higher earnings than Waterstone Financial Inc. The business that Currently has a higher P/E ratio is considered the more expensive of the two businesses. Waterstone Financial Inc.’s shares have been trading at higher P/E ratio which means it is presently more expensive than County Bancorp Inc.

Profitability

Table 2 shows us the return on equity, return on assets and net margins of both companies.

Net Margins Return on Equity Return on Assets
Waterstone Financial Inc. 17.73% 7% 1.5%
County Bancorp Inc. 27.25% 9.6% 0.9%

Risk & Volatility

Waterstone Financial Inc.’s 0.12 beta indicates that its volatility is 88.00% less volatile than that of Standard and Poor’s 500. From a competition point of view, County Bancorp Inc. has a 0.56 beta which is 44.00% less volatile compared to Standard and Poor’s 500.

Dividends

The annual dividend that Waterstone Financial Inc. pay is $0.48 per share with a dividend yield of 2.91%. Meanwhile, County Bancorp Inc.’s annual dividend is $0.27 per share and it also boasts of a 1.52% dividend yield.

Institutional & Insider Ownership

The shares of both Waterstone Financial Inc. and County Bancorp Inc. are owned by institutional investors at 61.3% and 26.7% respectively. Waterstone Financial Inc.’s share held by insiders are 0.5%. Comparatively, County Bancorp Inc. has 7.9% of it’s share held by insiders.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Waterstone Financial Inc. -2.45% -1.62% -4.11% -8.66% -9.3% -1.32%
County Bancorp Inc. -1.68% -1.64% -14.44% -19.08% -35.42% -29.3%

For the past year Waterstone Financial Inc.’s stock price has smaller decline than County Bancorp Inc.

Summary

Waterstone Financial Inc. beats on 9 of the 14 factors County Bancorp Inc.

Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin. The company operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment provides consumer and business banking products and services, such as deposit and transactional solutions, including checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; lending solutions comprising residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and investable funds solutions consisting of savings, money market deposit accounts, IRA accounts, certificates of deposit, and fixed and variable annuities, and insurance products, as well as trust and investment management accounts. The Mortgage Banking segment offers residential mortgage loans for the purpose of sale on the secondary market. It operates 11 full-service banking offices, 1 drive-through office, and 11 automated teller machines located in Milwaukee, Washington, and Waukesha counties, Wisconsin, as well as a loan production office in Minneapolis, Minnesota. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. Waterstone Financial, Inc. was founded in 1921 and is based in Wauwatosa, Wisconsin.

County Bancorp, Inc. operates as the bank holding company for Investors Community Bank that provides a range of banking and related financial services to individuals, businesses, and industries primarily in northeastern and central Wisconsin. The company offers demand interest bearing and noninterest bearing accounts, money market deposit accounts, NOW accounts, time deposits, regular savings accounts, and checking accounts. It also provides agricultural loans; commercial and industrial loans comprising conventional term loans, and lines of credit and government guaranteed loans; commercial real estate mortgage loans, such as multi-family investment properties and investment retail, office, mini-storage, and warehouse loans; and consumer and personal loans on a collateralized and non-collateralized basis. In addition, the company offers remote merchant deposit capture, Internet banking, cash management, safe deposit, direct deposit, notary, night depository, cashiersÂ’ check, and drive-in teller services; and crop insurance and milk margin products, as well as credit and debit cards. It provides its services through full-service branches in Manitowoc, Appleton, Green Bay, and Stevens Point; and loan production offices in Darlington, Eau Claire, Fond du Lac, and Sheboygan. County Bancorp, Inc. was founded in 1996 and is headquartered in Manitowoc, Wisconsin.