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Waterstone Financial WSBF Mortgage Banking — Information Technology And Data Processing

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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:InformationTechnologyAndDataProcessing.

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 — information technology and data processing?
Waterstone Financial (WSBF) reported mortgage banking — information technology and data processing of $490K in Q1 2026.
How has Waterstone Financial's mortgage banking — information technology and data processing changed year-over-year?
Waterstone Financial's mortgage banking — information technology and data processing decreased by 1.6% year-over-year, from $498K to $490K.
What is the long-term trend for Waterstone Financial's mortgage banking — information technology and data processing?
Over 4 years (2021 to 2025), Waterstone Financial's mortgage banking — information technology and data processing has grown at a 0.7% compound annual growth rate (CAGR), from $1.89M to $1.95M.
What does mortgage banking — information technology and data processing mean?
This includes expenses related to the software, hardware, and data processing services required to support mortgage banking operations, such as loan origination systems and digital platforms. It reflects the segment's investment in technology to improve processing speed, compliance, and customer experience. Higher spending here may indicate digital transformation efforts or necessary system upgrades.