secwatch.observer — SEC 8-K summary
======================================

Issuer:     Waterstone Financial, Inc. (WSBF)
CIK:        0001569994
Form:       8-K
Filed at:   2026-07-23T20:00:09+00:00
Accession:  0001437749-26-024291
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waterstone Financial Q2 net income rises to $8.5M; NIM hits 3.03%, highest since 2022
--------------------------------------------------------------------------------

- Net income $8.5M ($0.49 diluted EPS) vs $7.7M ($0.43) in Q2 2025, up 10.4%.
- Community Banking pre-tax income $9.0M (+18.2% YoY); net interest margin 3.03% (highest since Dec 2022).
- Mortgage Banking pre-tax income $1.6M (-20.2% YoY) on softer sales margins; originations up 5.6% to $621.8M.
- Book value per share $19.53, up from $19.03 at Dec 2025; repurchased 200k shares at $18.40.
- Nonperforming assets 0.30% of total assets, improved from 0.37% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1569994/000143774926024291/0001437749-26-024291-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1569994/000143774926024291/wsbf20260523_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-024291

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