Waterstone Financial Q1 net income more than doubles to $6 million; EPS climbs to $0.34

• Waterstone Financial posted net income of $6 million for quarter ended March 31, 2026, more than doubled from year-earlier levels; diluted EPS rose to $0.34.
• Community Banking pre-tax income climbed 23.7% to $7.5 million as net interest margin widened 50 basis points to 2.97%.
• Mortgage Banking swung to pre-tax income of $22,000 from a year-earlier loss as loan originations increased 31.1% to $508.3 million.
• Book value per share rose to $19.19; $7.3 million was returned to shareholders via buybacks and dividends, including a $0.17 quarterly dividend.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Waterstone Financial Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-013174), on April 23, 2026, and is solely responsible for the information contained therein.