Timberland Bancorp (TSBK) vs Waterstone Financial (WSBF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Timberland Bancorp (TSBK) has outperformed Waterstone Financial (WSBF) over the past year, gaining 39.0% versus a gain of 28.4%. Over five years, TSBK leads with a +55.8% price change compared with -3.8% for WSBF. Waterstone Financial is the larger company by market cap ($352.9 million vs $348.9 million), about 1.0 times the size.
On valuation, Timberland Bancorp trades at a lower trailing P/E (11.2x vs 11.3x for Waterstone Financial). Waterstone Financial offers the higher dividend yield (3.26% vs 2.50%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | TSBK | WSBF |
|---|---|---|
| Share price | $44.87 | $19.63 |
| Market cap | $348.89M | $352.89M |
| 1-day change | -1.71% | -1.21% |
| YTD return | +25.34% | +18.61% |
| 1-year return | +39.05% | +28.38% |
| 5-year return | +55.80% | -3.82% |
| P/E ratio (TTM) | 11.25 | 11.35 |
| Forward P/E | — | 19.44 |
| EPS (TTM) | $3.99 | $1.73 |
| Dividend yield | 2.50% | 3.26% |
| Annual dividend | $1.12 | $0.64 |
| 52-week high | $49.38 | $21.66 |
| 52-week low | $30.93 | $14.52 |
| Distance from 52-week high | -9.13% | -9.37% |
| Average volume | 34.76K | 76.18K |
| Shares outstanding | 7.78M | 17.98M |
| Employees | 271 | 593 |
| Sector | Financial Services | Financial Services |
| Industry | Banks - Regional | Banks - Regional |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TSBK has outperformed WSBF by 10.7 percentage points over the past year.
About Timberland Bancorp
TSBK stock →Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various community banking services in Washington.
Financial Services · Banks - Regional · 271 employees
About Waterstone Financial
WSBF stock →Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States.
Financial Services · Banks - Regional · 593 employees
TSBK vs WSBF FAQ
Which is bigger, Timberland Bancorp or Waterstone Financial?
Waterstone Financial (WSBF) is larger, with a market capitalization of $352.89M compared with $348.89M for Timberland Bancorp (TSBK).
Which stock has performed better over the past year, TSBK or WSBF?
TSBK returned +39.05% over the past 12 months, compared with +28.38% for WSBF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, TSBK or WSBF?
TSBK has the lower trailing P/E at 11.2, versus 11.3 for WSBF. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Timberland Bancorp or Waterstone Financial?
Waterstone Financial has the higher yield at 3.26%, compared with 2.50% for Timberland Bancorp.
Are Timberland Bancorp and Waterstone Financial in the same industry?
Yes. Both are classified in the Banks - Regional industry within the Financial Services sector.