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Waterstone Financial WSBF Mortgage Banking — Net Income Loss

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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+45.8%
P/E12.5×0.0×

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 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
Real estate owned27--27
Loan processing expense-817-817
Other7411,676422,459
Total noninterest expenses8,59720,943(161)29,379
Income before income tax expense9,0051,5963410,635
Income tax expense1,74142572,173
Net income$7,264$1,171$27$8,462
Total Assets$2,239,536$185,807$(172,584)$2,252,759

Item 1. Financial Statements

FAQ

What is Waterstone Financial's mortgage banking — net income loss?
Waterstone Financial (WSBF) reported mortgage banking — net income loss of $1.17M in Q2 2026.
How has Waterstone Financial's mortgage banking — net income loss changed year-over-year?
Waterstone Financial's mortgage banking — net income loss decreased by 20.2% year-over-year, from $1.47M to $1.17M.
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.

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