Waterstone Financial ( (WSBF) ) has released its Q3 earnings. Here is a breakdown of the information Waterstone Financial presented to its investors.
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Waterstone Financial, Inc. is a savings and loan holding company for WaterStone Bank, a community-focused financial institution that offers a wide range of personal and business banking products and operates across southeastern Wisconsin, with a strong presence in the mortgage lending sector nationwide.
Waterstone Financial recently announced its financial results for the third quarter of 2025, showcasing a significant improvement in net income and earnings per share compared to the same period last year. The company reported a net income of $7.9 million, or $0.45 per diluted share, marking a substantial increase from $4.7 million, or $0.26 per diluted share, in the third quarter of 2024.
The company’s Community Banking segment saw a notable rise in net interest income by 19.3%, driven by higher yields on loans and reduced funding costs. Additionally, the Mortgage Banking segment achieved a second consecutive quarter of pre-tax income, aided by effective expense management and improved margins. Waterstone Financial also enhanced its book value per share by $0.61 during the quarter through strong earnings, share repurchases, and favorable investment security valuations.
Waterstone Financial’s consolidated return on average assets and equity also improved significantly, reflecting the company’s robust financial health. The return on average assets was 1.42%, and the return on average equity was 9.14% for the quarter. The company declared a quarterly dividend of $0.15 per share and repurchased approximately 270,000 shares, further boosting shareholder value.
Looking ahead, Waterstone Financial remains focused on sustaining its financial performance and capitalizing on growth opportunities within its Community and Mortgage Banking segments. The management continues to emphasize strong asset quality and strategic financial management to navigate the evolving market landscape.