Which has the lower trailing P/E, RFAI or WSBF?

WSBF has the lower trailing P/E: RFAI trades at 340.39 and WSBF at 11.55. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does RFAI or WSBF pay a bigger dividend?

WSBF pays a dividend (3.20% yield), while RFAI has no payments in the available dividend history.

Is RFAI or WSBF more profitable?

WSBF runs the higher net margin — RFAI at 0.00% versus WSBF at 18.58%.

RF Acquisition Corp II Ordinary Shares (RFAI) vs Waterstone Financial, Inc. (WSBF)

A side-by-side comparison of RF Acquisition Corp II Ordinary Shares and Waterstone Financial, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

RFAI

RF Acquisition Corp II Ordinary Shares

$322M

$38.60Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT

WSBF

Waterstone Financial, Inc.

$359M

$19.87Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT

Total return — RFAI vs WSBF

growth of $100 · dividends reinvested · last 2y

RFAI +274.0% (+93.4%/yr)WSBF +68.6% (+29.8%/yr)RFAI compounded faster over this window

RFAI WSBF

RFAI vs WSBF: by the numbers

•WSBF is the larger company ($359M vs $322M market cap).
•WSBF trades at the lower trailing earnings multiple (11.55 vs 340.39 P/E), one valuation lens rather than an overall verdict.
•WSBF is profitable (18.58% net margin) while RFAI runs a net loss (0.00%).
•WSBF pays a dividend (3.20% yield), while RFAI has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	RFAI	WSBF
P/E ratio	340.39	11.55
P/S ratio	N/A	2.21
P/B ratio	8.64	1.02

Profitability

Metric	RFAI	WSBF
Gross margin	0.00%	N/A
Operating margin	0.00%	12.28%
Net margin	0.00%	18.58%
ROE	3.81%	8.57%
ROIC	-2.16%	N/A

Waterstone Financial, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	RFAI	WSBF
Dividend yield	N/A	3.20%
Payout ratio	N/A	37.21%

Growth (annualized)

Metric	RFAI	WSBF
Revenue CAGR (5Y)	N/A	-12.94%
EPS CAGR (5Y)	N/A	-14.92%
Total return CAGR (5Y)	N/A	4.33%

Frequently asked

Which has the lower trailing P/E, RFAI or WSBF?: WSBF has the lower trailing P/E: RFAI trades at 340.39 and WSBF at 11.55. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does RFAI or WSBF pay a bigger dividend?: WSBF pays a dividend (3.20% yield), while RFAI has no payments in the available dividend history.
Is RFAI or WSBF more profitable?: WSBF runs the higher net margin — RFAI at 0.00% versus WSBF at 18.58%.

Go deeper

Full RFAI analysis Full WSBF analysis Interactive comparison tool

Dig into the metrics

RF Acquisition Corp II Ordinary Shares P/E ratio Waterstone Financial P/E ratio Waterstone Financial dividend yield RF Acquisition Corp II Ordinary Shares ROE Waterstone Financial ROE RF Acquisition Corp II Ordinary Shares operating margin Waterstone Financial operating margin RF Acquisition Corp II Ordinary Shares revenue growth Waterstone Financial revenue growth RF Acquisition Corp II Ordinary Shares free cash flow

RF Acquisition Corp II Ordinary Shares & Waterstone Financial appear in these rankings

Highest Dividend Yield Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.