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Waterstone Financial WSBF Mortgage Banking — Occupancy Net

Other segment segments

Community Banking
$1.1M+2.5%

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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:OccupancyNet.

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 — occupancy net?
Waterstone Financial (WSBF) reported mortgage banking — occupancy net of $863K in Q1 2026.
How has Waterstone Financial's mortgage banking — occupancy net changed year-over-year?
Waterstone Financial's mortgage banking — occupancy net increased by 1.2% year-over-year, from $853K to $863K.
What is the long-term trend for Waterstone Financial's mortgage banking — occupancy net?
Over 4 years (2021 to 2025), Waterstone Financial's mortgage banking — occupancy net has grown at a -13.5% compound annual growth rate (CAGR), from $5.83M to $3.27M.
What does mortgage banking — occupancy net mean?
This represents the net costs associated with maintaining physical office space and facilities used by the mortgage banking segment. It includes rent, utilities, maintenance, and depreciation of leasehold improvements. Tracking this helps evaluate the fixed cost structure of the segment's physical footprint.