Waterstone Financial Reports Strong Third Quarter Earnings

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2025.10.24 04:35
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Waterstone Financial, Inc. reported strong third quarter earnings for 2025, with net income rising to $7.9 million ($0.45 per diluted share) from $4.7 million ($0.26 per diluted share) in 2024. The Community Banking segment saw a 19.3% increase in net interest income, while the Mortgage Banking segment achieved pre-tax income for the second consecutive quarter. The company improved its book value per share by $0.61 and declared a quarterly dividend of $0.15. Waterstone Financial aims to sustain its performance and explore growth opportunities in its banking segments.