Waterstone Financial Q3 net income falls to $5.3M ($0.25/sh) from $19.0M; mortgage segment posts pre-tax loss

Waterstone Financial, Inc.

2022-Q3 EPS reported $0.83

Q3 2022 net income $5.3M ($0.25 diluted EPS) vs $19.0M ($0.79) a year ago; nine-month EPS $0.83 vs $2.43.
Mortgage banking segment pre-tax loss of $1.8M vs $15.6M profit in Q3 2021; loan originations fell 26.9% to $778.8M.
Community banking net interest income rose 10.1% to $15.5M; net interest margin expanded 66 bps to 3.34%.
Declared $0.20 per share dividend; repurchased ~425,000 shares at avg $17.05 during quarter.
Book value per share $16.86, down from $17.45 at Dec 2021, due to unrealized securities losses.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.