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Waterstone Financial WSBF Mortgage Banking — Professional Fees

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$197K+0.5%

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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$369.79M+43.9%
P/E12.3×-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:ProfessionalFees.

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
Advertising251476-727
Data processing722557-1,279
Communications105121-226
Professional fees197103-300
Real estate owned27--27
Loan processing expense-817-817
Other7411,676422,459
Total noninterest expenses8,59720,943(161)29,379

Item 1. Financial Statements

FAQ

What is Waterstone Financial's mortgage banking — professional fees?
Waterstone Financial (WSBF) reported mortgage banking — professional fees of $103K in Q2 2026.
How has Waterstone Financial's mortgage banking — professional fees changed year-over-year?
Waterstone Financial's mortgage banking — professional fees decreased by 66.0% year-over-year, from $303K to $103K.
What is the long-term trend for Waterstone Financial's mortgage banking — professional fees?
Over 3 years (2022 to 2025), Waterstone Financial's mortgage banking — professional fees has grown at a 13.9% compound annual growth rate (CAGR), from $1.28M to $1.89M.
What does mortgage banking — professional fees mean?
This includes payments for external services such as legal, consulting, auditing, and specialized third-party mortgage processing or compliance support. These fees are incurred to ensure the segment meets regulatory requirements and operates efficiently. Fluctuations in this metric often reflect changes in regulatory complexity or the use of outsourced operational support.

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