---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-023211"
form_type: "8-K"
ticker: "WSBF"
cik: "0001569994"
company_name: "Waterstone Financial, Inc."
filed_at: "2025-07-22T23:59:59+00:00"
generated_at: "2026-05-18T04:17:56.182746+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Waterstone Financial Q2 net income $7.7M ($0.43 EPS) vs $5.7M ($0.31) YoY; NIM expands 59 bps

## Summary
- Pre-tax income in Community Banking up 50.4% YoY to $7.6M; net interest income rose 21.4% to $13.6M.
- Net interest margin improved 59 bps to 2.60% from 2.01% a year ago; efficiency ratio improved to 50.40%.
- Mortgage Banking pre-tax income steady at $2.0M; loan originations fell 7.1% to $588.8M.
- Repurchased ~508k shares at $12.80/share ($6.5M); book value per share rose to $18.19 from $17.53 at end-2024.
- Dividend declared $0.15 per share; nonperforming assets remained low at 0.37% of total assets.

## SEC filing metadata
- accession: 0001437749-25-023211
- form_type: 8-K
- ticker: WSBF
- cik: 0001569994
- company_name: Waterstone Financial, Inc.
- filed_at: 2025-07-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1569994/000143774925023211/0001437749-25-023211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1569994/000143774925023211/wsbf20250528_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-023211
- JSON: https://secwatch.observer/filing/0001437749-25-023211.json
- Plain text: https://secwatch.observer/filing/0001437749-25-023211.txt

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