earnings
confidence high
sentiment positive
materiality 0.70
Waterstone Financial Reports Q1 2026 Net Income of $6.0M, Up from $3.0M Year Ago
Waterstone Financial, Inc.
2026-Q1 EPS reported
$0.34
- Net income of $6.0M ($0.34 per diluted share) for Q1 2026 vs. $3.0M ($0.17 per share) in Q1 2025.
- Community banking net interest income rose 22.8% to $15.2M, with net interest margin expanding to 2.97%.
- Mortgage banking loan originations increased 31.1% to $508.3M, turning pre-tax loss of $2.2M to profit of $22,000.
- Repurchased ~246,000 shares at $17.89 per share and declared increased quarterly dividend of $0.17 per share.
- Book value per share increased to $19.19 from $19.03 at year-end 2025.