Waterstone in Wisconsin Raises $250 Million

Waterstone Financial (WSBF) in Wauwatosa, Wis., raised roughly $250 million from the subscription and community offering tied to its second-step conversion.

Processing Content

The $1.6 billion-asset company said Monday that it sold about 25.3 million shares of common stock at $10 each. Based on those results, Waterstone said it does not plan to conduct a syndicated community offering or firm commitment public offering.

Waterstone has 10 branches in Wisconsin.


For reprint and licensing requests for this article, click here.
Community banking
MORE FROM AMERICAN BANKER
Load More