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Waterstone Financial WSBF Mortgage Banking — Net Income Loss

Other segment segments

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$5.96M+28.5%

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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:NetIncomeLoss.

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 — net income loss?
Waterstone Financial (WSBF) reported mortgage banking — net income loss of $12K in Q1 2026.
How has Waterstone Financial's mortgage banking — net income loss changed year-over-year?
Waterstone Financial's mortgage banking — net income loss increased by 100.7% year-over-year, from -$1.63M to $12K.
What is the long-term trend for Waterstone Financial's mortgage banking — net income loss?
Over 3 years (2021 to 2025), Waterstone Financial's mortgage banking — net income loss has grown at a -67.6% compound annual growth rate (CAGR), from $42.49M to $1.45M.
What does mortgage banking — net income loss mean?
This is the final bottom-line profitability of the mortgage banking segment after all operating expenses, interest, and taxes have been accounted for. It is the definitive measure of the segment's contribution to the overall financial health of the holding company.