Waterstone Financial WSBF Mortgage Banking — Labor And Related Expense
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Where this comes from
Reported directly by Waterstone Financial in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 — labor and related expense?
- Waterstone Financial (WSBF) reported mortgage banking — labor and related expense of $14.47M in Q1 2026.
- How has Waterstone Financial's mortgage banking — labor and related expense changed year-over-year?
- Waterstone Financial's mortgage banking — labor and related expense increased by 20.1% year-over-year, from $12.05M to $14.47M.
- What is the long-term trend for Waterstone Financial's mortgage banking — labor and related expense?
- Over 4 years (2021 to 2025), Waterstone Financial's mortgage banking — labor and related expense has grown at a -15.2% compound annual growth rate (CAGR), from $115.28M to $59.57M.
- What does mortgage banking — labor and related expense mean?
- This includes all compensation, benefits, and payroll-related costs for employees dedicated to the mortgage banking segment. It is typically the largest operating expense for mortgage operations, reflecting the headcount required to originate, process, and service loans. Changes in this metric often correlate with mortgage market volume and staffing adjustments.