Waterstone Financial, Inc. - Common Stock (WSBF)

Competitors to Waterstone Financial, Inc. - Common Stock (WSBF)

Civista Bank 

Civista Bank operates in similar markets as Waterstone Financial, providing multiple financial products and services targeted at individual and business customers. Both banks emphasize personalized service and local commitment, but Civista's substantial branch network and robust technological offerings give it a competitive advantage in attracting tech-savvy clients. This technological integration allows Civista to provide better online and mobile banking experiences compared to Waterstone.

First Bancorp 

First Bancorp offers similar banking and financial services, competing directly with Waterstone Financial in the community banking sector. Both companies focus on providing personalized banking solutions for consumers and small businesses, with a strong emphasis on customer service and community involvement. First Bancorp has a broader geographic footprint and a more established presence, which may give it a competitive edge in attracting a larger customer base.

Flagstar Bancorp

Flagstar Bancorp competes with Waterstone Financial by providing a range of banking products, including retail banking, mortgage lending, and commercial banking services. Flagstar's extensive experience in mortgage lending allows it to dominate that market segment, distancing itself from Waterstone, which has a smaller mortgage portfolio. As a result, Flagstar often has the advantage in terms of resources and product diversity, making it a formidable competitor.

Old National Bancorp 

Old National Bancorp, with its extensive range of financial services, competes with Waterstone Financial primarily through a well-diversified product portfolio and expansive market reach. While Waterstone focuses on community banking, Old National's size enables it to invest in technology and offer a broader array of services, therefore providing a one-stop solution for clients. This breadth and stability offer Old National a significant competitive edge over Waterstone.

Victory Bank 

Victory Bank, similar to Waterstone Financial, is positioned as a community bank, focusing on local customers and small businesses. Their community-focused approach allows them to compete effectively with Waterstone by leveraging local knowledge and relationships. However, due to Victory Bank's smaller size and market presence, it may struggle with scale-driven advantages enjoyed by larger competitors like Waterstone, placing it in a more equal competitive stance.