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Waterstone Financial WSBF Mortgage Banking — Interest Income Expense Net

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Other financials

Income statement

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Revenue$55.2M
Net income$8.5M+9.5%
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$9.5M+125%
CapEx$136.0K+131%
Free cash flow$9.4M+124%

Valuation

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Market cap$374.64M+43.9%
P/E12.5×-0.1×

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:InterestIncomeExpenseNet.

The source filing: Waterstone Financial’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026246
Line itemCommunity / BankingMortgage / BankingHolding / Company and / OtherConsolidated
Net interest income$15,830$164$16$16,010
Provision (credit) for credit losses248(12)-236
Net interest income after provision (credit) for credit losses15,5821761615,774
Noninterest income:2,02022,363(143)24,240
Noninterest expenses:
Compensation, payroll taxes, and other employee benefits5,61216,565(203)21,974
Occupancy, office furniture and equipment942628-1,570
Advertising251476-727

Item 1. Financial Statements

FAQ

What is Waterstone Financial's mortgage banking — interest income expense net?
Waterstone Financial (WSBF) reported mortgage banking — interest income expense net of $164K in Q2 2026.
How has Waterstone Financial's mortgage banking — interest income expense net changed year-over-year?
Waterstone Financial's mortgage banking — interest income expense net increased by 209.4% year-over-year, from $53K to $164K.
What is the long-term trend for Waterstone Financial's mortgage banking — interest income expense net?
Over 3 years (2021 to 2025), Waterstone Financial's mortgage banking — interest income expense net has grown at a -7.7% compound annual growth rate (CAGR), from -$652K to $513K.
What does mortgage banking — interest income expense net mean?
This represents the net interest result for the mortgage banking segment after accounting for interest income earned on mortgage assets and interest expenses paid on related funding sources. It reflects the profitability of the segment's interest-bearing activities before considering credit loss provisions. This metric is a key indicator of how effectively the segment manages its net interest margin within the mortgage lifecycle.

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