10-Q quarterly report · filed May 7, 2026

Waterstone Financial, Inc. (WSBF) Q1 2026 10-Q Quarterly Report

Short answer

Waterstone Financial, Inc. (WSBF) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $29M (up 4.5% year over year) with net income of $6M.

Q1 2026 key financials · XBRL

Revenue
$29M
+4.5% YoY
Net income
$6M
+97.5% YoY
EPS (diluted)
$0.34
+100.0% YoY

Source: XBRL data from the Waterstone Financial, Inc. (WSBF) Q1 2026 10-Q on SEC EDGAR. USD.

Waterstone Financial, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue proxy: noninterest income $20.2M, up 18.3% YoY from $17.1M
  • Net income $6.0M vs $3.0M; net interest margin 2.97% vs 2.47%
  • Mortgage banking best performer: net income $12K vs $1.6M loss; originations $508.3M, up 31.1%
  • Cash and equivalents $44.7M, down 37.2% from $71.1M; securities available for sale increased $6.2M
  • Headwinds: gross margin on originated loans down 8.3%; risks include rates, inflation, credit losses, liquidity and funding access

Risk Factors

  • Risk factors section not provided in submitted filing excerpt
  • No new, changed, regulatory, operational, competitive, or financial risk factors identifiable
  • Share repurchases totaled 245,626 shares at $17.89 average price
  • Repurchase authorization had 222,580 shares remaining at March 31, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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