Waterstone Financial Boosts Q2 Profits

Waterstone Financial (NASDAQ:WSBF), a Wisconsin-based bank holding company with major community banking and mortgage banking operations, posted its second-quarter earnings results on July 22, 2025, for the period ended June 30. Earnings per share increased 38.7% year-over-year to $0.43 (GAAP), its highest quarterly EPS since 2021. Net income (GAAP) increased 35.1% to $7.7 million compared to Q2 2024. Return on average equity rose to 9.04%. There were no analyst estimates available for direct comparison. Improved margins and loan yields, solid deposit growth, and tighter cost control contributed to the favorable results. Despite declines in mortgage banking revenues and originations, the quarter marked progress in profitability and operational efficiency.Waterstone Financial operates as a community-focused financial institution. Its core businesses are community banking—providing loans, deposit services, and other traditional banking products—and mortgage banking, which originates and sells residential real estate loans through the Waterstone Mortgage subsidiary. Most of its lending portfolio is concentrated in residential, multi-family, and commercial real estate loans.Recent efforts have focused on bolstering margins, expanding core deposits, and carefully managing credit risk as economic conditions evolve. Regulatory compliance and capital strength are key, alongside operational efficiency measures and strategic adjustments to mortgage operations amid lower industry origination volumes. Market position relies on disciplined cost control, competitive banking products, and closely monitored risk exposure to the real estate sector.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool