secwatch.observer — SEC 8-K summary
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Issuer:     Waterstone Financial, Inc. (WSBF)
CIK:        0001569994
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001437749-25-002018
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waterstone Financial Q4 net income $5.2M ($0.28 EPS) vs Q4 2023 loss; full-year EPS $1.01
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- Quarter ended Dec 31, 2024 net income of $5.2M ($0.28 diluted EPS) vs net loss of $40K in Q4 2023.
- Community Banking pre-tax income $6.7M, up 26% YoY; net interest margin improved to 2.42%.
- Mortgage Banking pre-tax loss $625K vs $6.0M loss prior year; origination volume up 2.7% to $470.7M.
- Book value per share $17.53, up from $16.94; dividends declared $0.15 per share in Q4.
- Repurchased ~194,000 shares at avg $14.43; nonperforming assets 0.28% of total assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1569994/000143774925002018/0001437749-25-002018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1569994/000143774925002018/wsbf20241121_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-002018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer