secwatch.observer — SEC 8-K summary
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Issuer:     Waterstone Financial, Inc. (WSBF)
CIK:        0001569994
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0001437749-25-031619
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waterstone Financial Q3 net income $7.9M, EPS $0.45 up 73% YoY; NIM expands 63 bps
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- Net income $7.9M ($0.45 diluted) vs $4.7M ($0.26) a year ago; sequential rise from $7.7M ($0.43).
- Community Banking pre-tax income $8.4M (+49.4% YoY) as net interest margin widened 63 bps to 2.76%.
- Mortgage Banking pre-tax income $1.3M vs $144K; loan originations $539.4M (90% purchase mix).
- Repurchased ~270K shares at $14.15 for $3.8M; book value rose $0.61 to $18.65 per share.
- Quarterly dividend $0.15 per share; nonperforming assets remained low at 0.27% of total assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1569994/000143774925031619/0001437749-25-031619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1569994/000143774925031619/wsbf20250819_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-031619

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