secwatch.observer — SEC 8-K summary
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Issuer:     Waterstone Financial, Inc. (WSBF)
CIK:        0001569994
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001437749-24-031761
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waterstone Financial Q3 net income $4.7M ($0.26 EPS) vs $3.3M a year ago
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- Net income $4.7M ($0.26 diluted EPS) for Q3 2024, up from $3.3M ($0.16 EPS) in Q3 2023.
- Community Banking pre-tax income $5.6M; net interest margin 2.13% down 13 bps YoY but up 12 bps from Q2.
- Mortgage Banking pre-tax income $144K vs $2.1M loss a year ago; originations $558.7M, down 6.5% YoY.
- Dividend declared $0.15/share; repurchased 71,000 shares at $13.75/share in the quarter.
- Book value per share $17.58; nonperforming assets 0.25% of total assets; past due loans 0.63%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1569994/000143774924031761/0001437749-24-031761-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1569994/000143774924031761/wsbf20240815_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-031761

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