Waterstone Financial's Turnaround Success: A Sustainable Phoenix

Waterstone Financial, the holding company for WaterStone Bank and Waterstone Mortgage Corporation, has successfully executed a turnaround strategy, with both subsidiaries experiencing growth and profitability. The bank has increased its lending portfolio and expanded its mortgage business, while maintaining strong capital and liquidity positions. Waterstone Financial's turnaround is a testament to its ability to adapt to changing market conditions and implement effective strategies to drive growth and profitability.