Welcome to our dedicated page for Waterstone Financial SEC filings (Ticker: WSBF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Waterstone Financial, Inc.'s SEC filings document its role as the savings and loan holding company for WaterStone Bank and the public-company records tied to its banking and mortgage operations. Recent 8-K reports furnish quarterly and annual results, including Community Banking and Mortgage Banking segment commentary, net interest income, loan origination activity, allowance for credit losses, dividends and share repurchase authorizations.
Proxy and governance filings cover director elections, executive compensation and board committee matters, including Audit Committee leadership changes. The filings also identify the company's common-stock capital actions and its disclosure framework as a Maryland-incorporated Nasdaq issuer.
Waterstone Financial, Inc. executive Ryan J. Gordon, EVP/Chief Credit Officer, exercised 10,000 stock options for Common Stock at an exercise price of $17.20 per share on August 13, 2026. The option position reported in this filing was reduced to 0 following the exercise.
On the same date, he acquired 10,000 Common Shares through the option exercise and sold an aggregate of 8,157 Common Shares in open-market or private transactions at prices between $21.10 and $21.145 per share. Following these transactions, he reported indirect holdings of 27,398 Common Shares by ESOP and 15,191 Common Shares by Trust, with related activity noted as not required to be reported under Section 16 of the Exchange Act.
Waterstone Financial, Inc. reported higher profitability for the quarter ended June 30, 2026. Net income was $8,462 thousand, up from $7,727 thousand a year earlier, and diluted EPS was $0.49 versus $0.43. Net interest income rose to $16,010 thousand as interest expense declined despite slightly higher interest income. The provision for credit losses was $236 thousand compared with a small net credit in the prior-year quarter, while noninterest income was stable at $24,240 thousand, driven by mortgage banking income of $22,144 thousand. Noninterest expenses increased modestly to $29,379 thousand.
At June 30, 2026, total assets were $2,252,759 thousand, little changed from year-end. Loans receivable totaled $1,683,881 thousand, with multifamily and commercial real estate as the largest categories. Total deposits were $1,420,981 thousand and borrowings $412,000 thousand. Asset quality indicators remained favorable: non-accrual loans were $6,536 thousand, equal to 0.39% of total loans, and the allowance for credit losses on loans was $17,884 thousand.
Shareholders’ equity increased to $351,129 thousand, aided by six‑month net income of $14,459 thousand, partially offset by cash dividends of $0.34 per share and share repurchases of 446 thousand shares for $8,076 thousand. Regulatory capital ratios at Waterstone Bank were strong, including a Common Equity Tier 1 ratio of 18.66% and a Tier 1 leverage ratio of 15.43%, both well above required levels.
Waterstone Financial, Inc. reported stronger results for the quarter and six months ended June 30, 2026. Quarterly net income was $8.5 million, or $0.49 per diluted share, compared with $7.7 million, or $0.43, a year earlier. For the first half of 2026, net income was $14.5 million and diluted EPS $0.84, up from $10.8 million and $0.59 in 2025.
Profitability metrics improved, with an annualized return on average assets of 1.52% and return on average equity of 9.65%. Consolidated quarterly net interest margin rose to 3.03%, the highest since late 2022, driven by higher loan yields and lower funding costs. The Community Banking segment posted record net interest income of $15.8 million and pre-tax income of $9.0 million, while maintaining low credit risk as nonperforming assets were 0.30% of total assets.
The Mortgage Banking segment generated $1.6 million of pre-tax income, down 20.2% year over year, as loan originations increased to $621.8 million but gross margin on loans sold declined to 3.60%. Capital returns remained meaningful: the company declared a $0.17 dividend per share and repurchased about 200,000 shares for $3.7 million, helping increase book value per share to $19.53 at June 30, 2026.
Waterstone Financial, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.17 per common share. The dividend will be paid on August 3, 2026 to shareholders of record at the close of business on July 8, 2026.
Waterstone Financial is the savings and loan holding company for WaterStone Bank, which operates 14 branches across southeastern Wisconsin and owns WaterStone Mortgage Corporation, a national mortgage lender.
Waterstone Financial, Inc. executive Mark Raymond Gerke, EVP and Chief Financial Officer, reported an option exercise and related share sale in company stock. He exercised options for 10,000 shares of Common Stock at $14.98 per share and sold 10,000 shares in an open-market transaction at a weighted average price of $18.3435 per share, with individual sale prices ranging from $18.25 to $18.50. After these transactions, he holds 30,034 shares directly, plus 1,881 shares held through a 401(k) and 42,545 shares held through an ESOP, indicating he retains a sizable ongoing stake.
Waterstone Financial, Inc. reported the results of its 2026 Annual Meeting of Shareholders. Shareholders elected three directors—Stephen Schmidt, Derek Tyus, and Molly Mulroy—to terms ending in 2029, each receiving over 11.2 million votes in favor.
Investors also ratified FORVIS MAZARS, LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 14,753,029 votes in favor. In advisory votes, shareholders approved executive compensation and expressed a clear preference to hold say‑on‑pay votes every one year, with 10,611,408 votes supporting the annual frequency. There were 18,161,733 shares outstanding and eligible to vote as of March 25, 2026, the meeting record date.
Waterstone Financial, Inc. reported stronger results for the three months ended March 31, 2026. Net income rose to $6.0 million from $3.0 million a year earlier, with basic earnings per share increasing to $0.35 from $0.17.
Net interest income improved to $15.5 million as deposit and borrowing costs declined, while mortgage banking income grew to $19.0 million. Asset quality remained solid, with non-accrual loans at 0.44% of total loans and total assets around $2.25 billion. The bank stayed well-capitalized with regulatory capital ratios far above minimums.
Waterstone Financial, Inc. has expanded its share repurchase program, authorizing the buyback of up to an additional 2,000,000 shares of common stock. Together with the remaining 148,285 shares from the prior authorization, the company now has 2,148,285 shares available for repurchase, equal to about 11.9% of its issued and outstanding shares as of April 27, 2026. Repurchases may occur over time through open-market purchases, block trades, private transactions, or under a Rule 10b5-1 trading plan, and the company can suspend, terminate, or modify the program at any time.