---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-012679"
form_type: "8-K"
ticker: "WSBF"
cik: "0001569994"
company_name: "Waterstone Financial, Inc."
filed_at: "2025-04-22T23:59:59+00:00"
generated_at: "2026-05-23T09:17:04.534670+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Waterstone Financial Q1 net income $3.0M, EPS $0.17; community banking pre-tax up 42%

## Summary
- Consolidated net income $3.0M ($0.17 diluted EPS) vs $3.0M ($0.16) YoY; ROAA 0.57%.
- Community Banking pre-tax income $6.1M, up 42% YoY; net interest margin up 32 bps to 2.47%.
- Mortgage Banking pre-tax loss $2.2M vs income $0.37M YoY; originations down 20% to $387.7M.
- Mortgage banking legal expense elevated; final settlement of previously disclosed lawsuit with $1.3M accrual.
- Repurchased ~237,000 shares at $13.37/share during quarter; dividend $0.15 per share.

## SEC filing metadata
- accession: 0001437749-25-012679
- form_type: 8-K
- ticker: WSBF
- cik: 0001569994
- company_name: Waterstone Financial, Inc.
- filed_at: 2025-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1569994/000143774925012679/0001437749-25-012679-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1569994/000143774925012679/wsbf20250303_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-012679
- JSON: https://secwatch.observer/filing/0001437749-25-012679.json
- Plain text: https://secwatch.observer/filing/0001437749-25-012679.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.