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WATERSTONE FINANCIAL, INC.

(WSBF)
  Report
Real-time Estimate Cboe BZX  -  03:35 2022-12-06 pm EST
16.86 USD   +0.48%
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Waterstone Financial : Bank Announces New Vice President, Commercial Real Estate

09/22/2022 | 12:00pm EST

WATERSTONE BANK

11200 W. PLANK CT. WAUWATOSA, WI 53226

Contact: Emily Gillingham Community Relations Coordinator 414-459-4182 emilygillingham@wsbonline.com

FOR IMMEDIATE RELEASE

WaterStone Bank Announces New Vice President, Commercial Real Estate

WAUWATOSA, Wis. - 9/22/2022 - WaterStone Bank has announced Scott DeJong as the new Vice President of Commercial Real Estate.

DeJong comes to WaterStone Bank with over 20 years of commercial real estate experience, most recently at US Bank. He graduated from the University of Milwaukee with a Bachelor of Business Administration in Accounting.

DeJong's expertise in the commercial lending space includes work with

apartments, shopping centers, hotels, condominiums, subdivisions and

industrial, office and medical office buildings. He's supported a range of clients

including individuals, regional developers, and publicly traded Real Estate

Investment Trusts. DeJong's mastery financing projects across the nation will

Scott DeJong

be a strong asset to WaterStone Bank.

"We are very excited to have Scott join our Lending Team," said Joseph Mudlaff, Director of Commercial Real Estate. Mudlaff continued his remarks, "We [WaterStone Bank] have always been a consistent and reliable lender...the addition of Scott to our team is further evidence of the Bank's commitment to continue serving the commercial real estate market."

Beyond his professional accomplishments, Scott's real passion is cycling. He participates annually in the MACC Fund's Ride for Hope (Trek 100). Furthermore, he is an avid Wisconsin sports fan! DeJong resides with his wife in the Mukwonago community where they owned, breed and train horses.

About WaterStone Bank

WaterStone Bank, established in 1921, offers a full suite of personal and business banking products. The community bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield/Loomis Rd, Milwaukee/Oklahoma Ave, Oak Creek/27th St, Oak Creek/Howell Ave, Oconomowoc/Lake Country, Pewaukee, Waukesha, West Allis/Greenfield Ave, and West Allis/National Ave, Wisconsin. WaterStone Bank is the parent company to Waterstone Mortgage, which has the ability to lend in 48 states. For more information about WaterStone Bank, go to http://www.wsbonline.com. Follow WaterStone Bank on Facebook, Twitter, LinkedIn, YouTube, and Instagram.

###

Disclaimer

Waterstone Financial Inc. published this content on 22 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2022 15:59:05 UTC.


ę Publicnow 2022
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Financials (USD)
Sales 2022 166 M - -
Net income 2022 21,9 M - -
Net Debt 2022 - - -
P/E ratio 2022 16,9x
Yield 2022 4,77%
Capitalization 362 M 362 M -
Capi. / Sales 2022 2,18x
Capi. / Sales 2023 2,27x
Nbr of Employees 870
Free-Float 83,2%
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Number of Analysts 1
Last Close Price 16,78 $
Average target price 18,50 $
Spread / Average Target 10,3%
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Douglas S. Gordon Chief Executive Officer & Director
William F. Bruss President, COO, Secretary, EVP & General Counsel
Mark Raymond Gerke Chief Financial Officer & Executive Vice President
Patrick S. Lawton Chairman
Donald T. Bray Chief Information Officer & Senior Vice President
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