Waterstone Financial Q3 net income surges 68% on NIM expansion

Waterstone Financial

23/10/2025 21:09

Overview

Waterstone Financial Q3 net income rises significantly, driven by improved net interest margin

Adjusted EPS for Q3 up 73.1% yr/yr, reflecting strong earnings in banking segments

Company repurchased 270,000 shares, increasing book value per share

Outlook

Company did not provide specific guidance for future quarters or full year in the press release

Result Drivers

NET INTEREST MARGIN - Co attributes improved Q3 results to increased net interest margin and strong asset quality metrics

COMMUNITY BANKING - Growth in net interest income driven by higher loan yields and lower cost of funds

MORTGAGE BANKING - Segment recorded pre-tax income due to expense management and improved margins

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
$7.92 mln
Q3 Net Interest Income
$14.73 mln
Q3 Credit Loss Provision
-$269,000
Q3 Pretax Profit
$9.84 mln


Press Release: ID:nGNX7Z0D4c

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)