Highest-materiality recent filing
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%.
Waterstone Financial expands buyback by 2M shares, totaling ~11.9% of outstanding
Board authorized repurchase of up to an additional 2,000,000 shares under existing program.
Waterstone Financial Reports Q1 2026 Net Income of $6.0M, Up from $3.0M Year Ago
Net income of $6.0M ($0.34 per diluted share) for Q1 2026 vs. $3.0M ($0.17 per share) in Q1 2025.
Waterstone Financial Q4 2025 net income $7.7M ($0.44 EPS), up from $5.2M ($0.28) YoY
Net income $7.7M vs $5.2M in Q4 2024; diluted EPS $0.44 vs $0.28.
Waterstone Financial Q3 net income $7.9M, EPS $0.45 up 73% YoY; NIM expands 63 bps
Net income $7.9M ($0.45 diluted) vs $4.7M ($0.26) a year ago; sequential rise from $7.7M ($0.43).
Waterstone Financial Q2 net income $7.7M ($0.43 EPS) vs $5.7M ($0.31) YoY; NIM expands 59 bps
Pre-tax income in Community Banking up 50.4% YoY to $7.6M; net interest income rose 21.4% to $13.6M.
Waterstone Financial Q4 net income $5.2M ($0.28 EPS) vs Q4 2023 loss; full-year EPS $1.01
Quarter ended Dec 31, 2024 net income of $5.2M ($0.28 diluted EPS) vs net loss of $40K in Q4 2023.
Waterstone Financial Q3 net income $4.7M ($0.26 EPS) vs $3.3M a year ago
Net income $4.7M ($0.26 diluted EPS) for Q3 2024, up from $3.3M ($0.16 EPS) in Q3 2023.
Waterstone Financial Q2 2024 net income rises to $5.7M ($0.31 EPS) from $4.0M YoY
Net income $5.7M ($0.31 diluted EPS) vs $4.0M ($0.20) in Q2 2023; six-month EPS $0.47 vs $0.30.
Waterstone Financial reports Q4 net loss of $40K, EPS $0.00; FY EPS down 48% to $0.46
Net loss of $40K in Q4 2023 vs net income of $935K in Q4 2022; diluted EPS less than $0.01.
Waterstone Financial Q3 net income $3.3M ($0.16 EPS) vs $5.3M YoY; mortgage segment loss continues
Net income $3.3M ($0.16 diluted EPS) vs $5.3M ($0.25) in Q3 2022; nine-month EPS $0.46 vs $0.83.
Waterstone Q2 net income $4.0M ($0.20 EPS), down 50% YoY; mortgage banking loss continues
Net income $4.0M vs $8.0M YoY; diluted EPS $0.20 vs $0.36 YoY.
Waterstone Financial CEO Douglas Gordon to retire Dec 31, 2023; William Bruss elected as successor
CEO Douglas Gordon to retire Dec 31, 2023; will remain on boards of Company, Bank, and Waterstone Mortgage.
Waterstone Financial Q1 net income falls to $2.2M from $5.3M; mortgage segment posts $3.7M loss
Diluted EPS of $0.10 vs $0.23 YoY; consolidated ROAA 0.43% vs 1.00%.
Waterstone Q4 net income drops to $935K ($0.04 EPS) from $12.6M; mortgage segment loss $6.5M
Net income $935K ($0.04 diluted EPS) vs $12.6M ($0.53) in Q4 2021; FY EPS $0.89 vs $2.96.
Q3 2022 net income $5.3M ($0.25 diluted EPS) vs $19.0M ($0.79) a year ago; nine-month EPS $0.83 vs $2.43.
Waterstone Financial Q2 net income drops to $8.0M from $17.9M; EPS $0.36 vs $0.74
Net income $8.0M ($0.36 diluted) vs $17.9M ($0.74) in Q2 2021; six-month EPS $0.58 vs $1.64.
Waterstone Financial Q1 net income $5.3M vs $21.3M; mortgage pre-tax income drops to $1.4M
Net income $5.3M ($0.23 diluted EPS) vs $21.3M ($0.89) in Q1 2021, down 75%.
On April 17, 2025, Waterstone Financial, Inc. (the “Company”), announced today that Michael Hansen has decided to retire as a Director of the Company and its wholly-owned subsidiary WaterStone Bank SSB.
On July 25, 2023, Douglas S. Gordon, Chief Executive Officer (“CEO”) of Waterstone Financial, Inc. (the “Company”) notified the Company of his intention to retire from his position as CEO of the Company and its wholly owned subsidiary, WaterStone Bank (the “Bank”), effective December 31, 2023.
On July 25, 2023, the Boards of Directors of the Company and the Bank elected William F. Bruss, to serve as the next CEO of the Company and the Bank effective January 1, 2024.
On January 25, 2022, the Board of Directors of Waterstone Financial, Inc. (the "Company") announced that on January 24, 2022, William Bruss was elected President of the Company and its wholly owned subsidiary WaterStone Bank SSB (the “Bank”).
The Company further announced that Julie Glynn and Ryan Gordon were each elected Executive Vice Presidents of the Company and the Bank, joining Chief Financial Officer Mark Gerke in that capacity.
The Company further announced that Julie Glynn and Ryan Gordon were each elected Executive Vice Presidents of the Company and the Bank, joining Chief Financial Officer Mark Gerke in that capacity.
Max materiality 0.85 · Median 0.53 · Most common event earnings