NASDAQ$WSBF
Waterstone Financial Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported a decrease in net income and EPS compared to the same quarter last year, while community banking segment showed strong loan growth and the mortgage banking segment focused on efficiencies.
Waterstone Financial, Inc. reported net income of $8.0 million, or $0.36 per diluted share, for the quarter ended June 30, 2022. This is a decrease compared to the $17.9 million, or $0.74 per diluted share, reported for the quarter ended June 30, 2021. The community banking segment experienced strong loan growth, particularly in commercial real estate, while the mortgage banking segment focused on maintaining profitability amidst decreased origination volumes due to higher interest rates.
- Net income decreased to $8.0 million, or $0.36 per diluted share, compared to $17.9 million, or $0.74 per diluted share, for the same quarter last year.
- Community banking segment achieved strong loan growth, especially in the commercial real estate market.
- The company reduced borrowings and funded loan growth through raised deposits.
- Mortgage banking segment focused on efficiencies to remain profitable amid decreased origination volumes due to higher interest rates.
Headline financials
Revenue & EPS history
Waterstone Financial · Revenue · Quarterly
$45.3M
Revenue by segment
Waterstone Financial · $500K total across 2 segments · Q4 2022
- Community Banking$7M—1400.0%
- Mortgage Banking-$6.5M—-1300.0%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.2%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+0.9%
Avg return
30 days after
52%
34 / 65 earnings
Positive
+18.8%
Q2 2011
Best reaction
-10.4%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.3% | -0.3% | +1.9% | |
| Q4 2025 | +7.8% | +9.2% | +4.6% | |
| Q3 2025 | -2.6% | -2.9% | -0.6% | |
| Q2 2025 | -2.0% | -0.3% | +2.4% | |
| Q1 2025 | +0.1% | +0.5% | +4.4% | |
| Q4 2024 | +7.4% | +0.7% | +5.2% | |
| Q3 2024 | +3.2% | -0.7% | +4.6% | |
| Q2 2024 | +5.5% | +1.7% | +4.0% | |
| Q1 2024 | +2.5% | +6.5% | +3.8% | |
| Q4 2023 | -7.3% | -13.1% | -11.8% | |
| Q3 2023 | +0.7% | +4.6% | +22.3% | |
| Q2 2023 | -5.8% | -6.2% | -17.5% | |
| Q1 2023 | -1.7% | -3.4% | -4.7% | |
| Q4 2022 | -8.1% | -6.5% | -6.4% | |
| Q3 2022 | -1.8% | -0.4% | -1.7% | |
| Q2 2022 | +2.1% | +5.6% | +2.9% | |
| Q1 2022 | -10.4% | -14.3% | -15.2% | |
| Q4 2021 | -2.3% | -2.1% | -6.2% | |
| Q3 2021 | -1.2% | +0.0% | +6.6% | |
| Q2 2021 | +2.0% | +3.4% | +5.1% | |
| Q1 2021 | -3.7% | -3.7% | -4.7% | |
| Q4 2020 | +0.8% | +2.8% | +6.1% | |
| Q3 2020 | -3.2% | -0.8% | +7.9% | |
| Q2 2020 | +6.0% | +8.6% | +11.0% | |
| Q1 2020 | +9.4% | +6.5% | +13.0% | |
| Q4 2019 | -1.4% | -1.2% | -6.2% | |
| Q3 2019 | +5.9% | +7.3% | +8.0% | |
| Q2 2019 | +1.4% | +0.9% | -3.3% | |
| Q1 2019 | +3.2% | +3.7% | +2.7% | |
| Q4 2018 | -5.5% | -0.5% | +1.7% | |
| Q3 2018 | -0.9% | +0.5% | +0.8% | |
| Q2 2018 | +0.0% | -0.3% | -0.9% | |
| Q1 2018 | +0.0% | -1.4% | -0.9% | |
| Q4 2017 | -0.6% | +0.0% | +1.2% | |
| Q3 2017 | +1.8% | +2.3% | -5.1% | |
| Q2 2017 | +0.0% | -1.3% | -7.3% | |
| Q1 2017 | +0.8% | +5.0% | -1.6% | |
| Q4 2016 | -3.1% | -0.3% | -6.3% | |
| Q3 2016 | +2.4% | +0.0% | +10.0% | |
| Q2 2016 | +0.4% | +0.4% | +6.1% | |
| Q1 2016 | +1.5% | — | — | |
| Q4 2015 | -0.1% | — | — | |
| Q3 2015 | +0.1% | — | — | |
| Q2 2015 | -1.0% | — | — | |
| Q1 2015 | +0.1% | — | — | |
| Q4 2014 | +1.3% | — | — | |
| Q3 2014 | +0.6% | — | — | |
| Q3 2013 | +0.6% | — | — | |
| Q2 2013 | +0.9% | — | — | |
| Q2 2014 | +0.9% | — | — | |
| Q3 2012 | +0.8% | — | — | |
| Q1 2014 | +0.8% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q4 2013 | -0.5% | — | — | |
| Q4 2012 | -0.5% | — | — | |
| Q1 2013 | +1.2% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2012 | +3.1% | — | — | |
| Q3 2011 | +0.4% | — | — | |
| Q2 2011 | +18.8% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2010 | -2.3% | — | — | |
| Q3 2010 | -0.5% | — | — | |
| Q2 2010 | -2.9% | — | — | |
| Q1 2010 | -9.9% | — | — |
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