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Waterstone Financial WSBF Mortgage Banking — Communication

Other segment segments

Community Banking
$112K+12.0%

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$11.76M+52.9%

Other financials

Income statement

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Revenue$55.2M
Net income$6.0M+97.5%
EPS (diluted)$0.53

Balance sheet

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Cash & equivalents$343.0M
Total debt$483.4M
Total equity$432.8M
Total assets$2.2B

Cash flow

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Operating cash flow-$647.0K-102%
CapEx$991.0K+274%
Free cash flow-$1.6M-106%

Valuation

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Market cap$364.31M+41.9%
P/E12.4×-1.3×
P/S1.4×

Profitability

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Net margin27.4%
FCF margin54.6%

Returns & leverage

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Return on equity16.7%
Debt / equity1.1×

Where this comes from

Reported directly by Waterstone Financial in its filing.

Tagged under the XBRL concept us-gaap:Communication.

The official record: Waterstone Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Waterstone Financial's mortgage banking — communication?
Waterstone Financial (WSBF) reported mortgage banking — communication of $146K in Q1 2026.
How has Waterstone Financial's mortgage banking — communication changed year-over-year?
Waterstone Financial's mortgage banking — communication increased by 8.1% year-over-year, from $135K to $146K.
What is the long-term trend for Waterstone Financial's mortgage banking — communication?
Over 4 years (2021 to 2025), Waterstone Financial's mortgage banking — communication has grown at a -10.6% compound annual growth rate (CAGR), from $882K to $563K.
What does mortgage banking — communication mean?
This represents the costs associated with telecommunications, internet connectivity, and other digital communication tools used by the mortgage banking segment. It is a necessary operational expense to facilitate interaction between staff, customers, and third-party service providers. While generally a fixed cost, it supports the overall infrastructure of the mortgage business.