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Stock impact report

Waterstone Financial, Inc. Announces Results of Operations for the Quarter and Nine Months Ended September 30, 2024

Waterstone Financial, Inc. (WSBF) 
Last waterstone financial, inc. earnings: 4/28 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/wauwatosaholdings
Company Research Source: GlobeNewswire
WAUWATOSA, Wis., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Waterstone Financial, Inc. (NASDAQ: WSBF), holding company for WaterStone Bank, reported net income of $4.7 million, or $0.26 per diluted share, for the quarter ended September 30, 2024, compared to net income of $3.3 million, or $0.16 per diluted share for the quarter ended September 30, 2023. Net income per diluted share was $0.72 for the nine months ended September 30, 2024, compared to net income per diluted share of $0.46 for the nine months ended September 30, 2023. “The Community Banking segment achieved growth in its loan and core deposit (excluding brokered deposits) balances,” said William Bruss, Chief Executive Officer of Waterstone Financial, Inc. “We continue to maintain strong asset quality metrics and remain in a net recovery position, resulting in a negative provision during the quarter. While the decrease in our wholesale borrowing rate during the quarter captures a portion of the benefit from Show less Read more
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