Waterstone Financial Q2 net income rises to $8.5 million, or $0.49 per share
Waterstone Financial, Inc. (WSBF) reported net income of $8.5 million, or $0.49 per diluted share, for the quarter ended June 30, 2026, up from $7.7 million, or $0.43 per diluted share, a year earlier. Net interest margin rose to 3.03%, the highest since the quarter ended December 31, 2022, while mortgage banking pre-tax income fell 20.2%. For shareholders, the company also returned $6.5 million through buybacks and dividends in the quarter.
Key points
- Q2 2026 net income was $8.5 million, or $0.49 per diluted share, versus $7.7 million, or $0.43, in Q2 2025.
- Six-month net income was $14.5 million, or $0.84 per diluted share, versus $10.8 million, or $0.59, a year earlier.
- Net interest margin was 3.03% for the quarter, up 43 basis points from 2.60% a year earlier.
- Mortgage Banking segment pre-tax income was $1.6 million, down $403,000, or 20.2%, from the prior-year quarter.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.