secwatch.observer — SEC 8-K summary
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Issuer:     Waterstone Financial, Inc. (WSBF)
CIK:        0001569994
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001437749-26-013174
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

Waterstone Financial Reports Q1 2026 Net Income of $6.0M, Up from $3.0M Year Ago
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1569994/000143774926013174/0001437749-26-013174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1569994/000143774926013174/wsbf20260301_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-013174

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