Waterstone Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	106.36	104.75	103.07	90.15	62.94	64.37
Interest Income on Investments	11.91	11.36	10.1	9.06	7.31	5.52
Total Interest Income	118.27	116.11	113.17	99.21	70.25	69.88
Interest Paid on Deposits	41.63	43.52	40.57	25.74	4.86	4.42
Interest Paid on Borrowings	14.72	15.86	26.43	23.26	8.43	9.95
Total Interest Expense	56.35	59.37	67	48.99	13.29	14.37
Net Interest Income	61.92	56.73	46.17	50.22	56.95	55.52
Net Interest Income Growth	22.29%	22.89%	-8.06%	-11.83%	2.59%	3.77%
Mortgage Banking Activities	82.03	79.23	83.57	75.69	99.56	191.04
Gain (Loss) on Sale of Assets	-	-	0.15	0.58	-	4.03
Other Non-Interest Income	6.2	5.96	5.59	4.92	6	8.13
Total Non-Interest Income	88.23	85.19	89.3	81.19	105.56	203.2
Non-Interest Income Growth	6.32%	-4.61%	10.00%	-23.09%	-48.05%	-16.73%
Revenues Before Loan Losses	150.15	141.92	135.47	131.4	162.51	258.71
Provision for Loan Losses	-0.33	-1.39	-0.17	0.66	0.97	-3.99
Revenue	150.48	143.32	135.64	130.74	161.54	262.7
Revenue Growth	12.13%	5.66%	3.74%	-19.06%	-38.51%	-9.78%
Salaries and Employee Benefits	81.37	77.84	79.34	82.36	97.09	132.24
Occupancy Expenses	7.05	7.19	7.57	8.32	8.71	9.61
Selling, General & Administrative	11.85	13.41	14.37	13.84	13.92	12.94
Other Non-Interest Expense	12.4	11.74	10.32	15.18	17.32	15.8
Total Non-Interest Expense	112.4	109.87	111.64	119.71	137.06	170.59
EBT Excluding Unusual Items	38.08	33.45	24	11.03	24.48	92.11
Pretax Income	38.08	33.45	24	11.03	24.48	92.11
Income Tax Expense	7.98	7.04	5.31	1.66	4.99	21.32
Net Income	30.1	26.4	18.69	9.38	19.49	70.79
Net Income to Common	30.1	26.4	18.69	9.38	19.49	70.79
Net Income Growth	45.39%	41.28%	99.34%	-51.89%	-72.47%	-12.76%
Basic Shares Outstanding	17	18	19	20	22	24
Diluted Shares Outstanding	17	18	19	20	22	24
Shares Change	-4.44%	-3.88%	-7.96%	-8.24%	-8.03%	-2.75%
EPS (Basic)	1.73	1.48	1.01	0.47	0.89	2.98
EPS (Diluted)	1.73	1.48	1.01	0.46	0.89	2.96
EPS Growth	53.05%	46.96%	118.94%	-48.32%	-69.93%	-10.30%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.640	0.600	0.600	0.700	0.800	0.800
Dividend Growth	6.67%	0%	-14.29%	-12.50%	0%	42.86%
Effective Tax Rate	20.96%	21.06%	22.14%	15.02%	20.39%	23.14%

SEC Filings: 10-K · 10-Q