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

TSBK has the lower trailing P/E: TSBK trades at 11.44 and WSBF at 11.55. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, TSBK or WSBF?

Over the past five years, TSBK grew revenue faster — TSBK at a 9.35% CAGR versus WSBF at -12.94%.

Does TSBK or WSBF pay a bigger dividend?

TSBK yields 2.56% and WSBF yields 3.20% based on trailing dividends and the latest price.

Is TSBK or WSBF more profitable?

TSBK runs the higher net margin — TSBK at 28.74% versus WSBF at 18.58%.

How have TSBK and WSBF total returns compared?

Over the past 10 years, TSBK delivered 14.62% and WSBF delivered 7.34% annualized total return. Past performance doesn't predict future results.

Timberland Bancorp, Inc. (TSBK) vs Waterstone Financial, Inc. (WSBF)

A side-by-side comparison of Timberland Bancorp, Inc. 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.

TSBK

Timberland Bancorp, Inc.

$357M

$45.65Financial 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 — TSBK vs WSBF

growth of $100 · dividends reinvested · last 10y

TSBK +292.3% (+14.6%/yr)WSBF +104.1% (+7.4%/yr)TSBK compounded faster over this window

TSBK WSBF

TSBK vs WSBF: by the numbers

•WSBF is the larger company ($359M vs $357M market cap).
•TSBK trades at the lower trailing earnings multiple (11.44 vs 11.55 P/E), one valuation lens rather than an overall verdict.
•TSBK converts more revenue to profit (28.74% vs 18.58% net margin).
•TSBK grew revenue faster over the past five years (9.35% vs -12.94% CAGR).
•WSBF pays the higher dividend yield (3.20% vs 2.56%).

Metrics side by side

Valuation

Metric	TSBK	WSBF
P/E ratio	11.44	11.55
PEG ratio	2.30	N/A
P/S ratio	3.26	2.21
P/B ratio	1.31	1.02

Profitability

Metric	TSBK	WSBF
Operating margin	35.70%	12.28%
Net margin	28.74%	18.58%
ROE	11.53%	8.57%

Timberland Bancorp, 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.

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	TSBK	WSBF
Dividend yield	2.56%	3.20%
Payout ratio	29.07%	37.21%

Growth (annualized)

Metric	TSBK	WSBF
Revenue CAGR (5Y)	9.35%	-12.94%
EPS CAGR (5Y)	4.81%	-14.92%
Total return CAGR (5Y)	12.69%	4.33%

Frequently asked

Which has the lower trailing P/E, TSBK or WSBF?: TSBK has the lower trailing P/E: TSBK trades at 11.44 and WSBF at 11.55. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, TSBK or WSBF?: Over the past five years, TSBK grew revenue faster — TSBK at a 9.35% CAGR versus WSBF at -12.94%.
Does TSBK or WSBF pay a bigger dividend?: TSBK yields 2.56% and WSBF yields 3.20% based on trailing dividends and the latest price.
Is TSBK or WSBF more profitable?: TSBK runs the higher net margin — TSBK at 28.74% versus WSBF at 18.58%.
How have TSBK and WSBF total returns compared?: Over the past 10 years, TSBK delivered 14.62% and WSBF delivered 7.34% annualized total return. Past performance doesn't predict future results.

Go deeper

Full TSBK analysis Full WSBF analysis Interactive comparison tool

Dig into the metrics

Timberland Bancorp P/E ratio Waterstone Financial P/E ratio Timberland Bancorp dividend yield Waterstone Financial dividend yield Timberland Bancorp ROE Waterstone Financial ROE Timberland Bancorp operating margin Waterstone Financial operating margin Timberland Bancorp revenue growth Waterstone Financial revenue growth

Timberland Bancorp & Waterstone Financial appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Highest 10-Year Total Return 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.