Waterstone Financial, Inc. (WSBF): Results of Operations and Financial Condition
Waterstone Financial, Inc. (WSBF) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ex_967697.htm EXHIBIT 99.1 ex_967697.htm Exhibit 99.1 Waterstone Financial, Inc. Announces Results of Operations for the Quarter and Six Months Ended June 30, 2026 . WAUWATOSA, WI – 7/23/26– Waterstone Financial, Inc. (NASDAQ: WSBF), holding company for WaterStone Bank,
How this was made
The 30-second read
Why it matters
Key decision inputs include profitability (net income, ROA/ROE), funding and earning power (net interest margin), asset quality (nonperforming assets, past-due loans), and capital return (repurchases and dividend).
Market read
The quarter shows improved NIM to 3.03% and higher net income, alongside continued buybacks and a dividend, which can influence near-term positioning in small-cap regional bank baskets.
What to watch
NIM improvement is attributed to yield and cost of funds changes; traders may want to watch whether deposit growth and funding-cost tailwinds persist into the next quarter, and whether credit qualitative factors continue to pressure provisions.
Background
SEC Form 8-K Item 2.02 with Exhibit 99.1 reporting Waterstone Financial’s results for the quarter and six months ended June 30, 2026.
Ticker impact
Waterstone Financial reported Q2 2026 net income of $8.5M and quarterly net interest margin of 3.03%, plus $6.5M returned via buybacks and dividends.
Likely modest positive bias as NIM hit the highest level since 12/31/2022 and book value per share rose during the quarter.
This is a primary-source 8-K with quantified results and management commentary. However, it is not accompanied by explicit forward guidance or a major one-off event, limiting upside surprise potential.
Market effects
Adds another data point on community bank profitability via deposit cost reduction and loan yield improvement.
Primarily relevant to US regional/community banking sentiment.
Limited, as the disclosure is company-specific.
Counterpoint
Mortgage banking pre-tax income fell 20.2% year over year, and credit-loss provisions rose versus the prior year quarter, which could temper the earnings quality narrative.
Key entities
- issuerWaterstone Financial, Inc.
Community bank holding company reporting Q2 2026 results and capital actions in an 8-K.
- subsidiaryWaterStone Bank
Operating bank referenced as the primary banking entity under the holding company.
