NASDAQ$WSBF
Waterstone Financial Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Net income increased compared to the same quarter last year, driven by strong performance in the mortgage banking segment.
Waterstone Financial, Inc. reported a significant increase in net income for the quarter ended September 30, 2020, with earnings per diluted share also increasing. The company's CEO highlighted the team's efforts leading to record quarterly profits and the ability to meet customer demands.
- Net income for the quarter ended September 30, 2020 was $26.3 million, or $1.08 per diluted share, compared to $10.9 million, or $0.42 per diluted share for the quarter ended September 30, 2019.
- Consolidated return on average assets was 4.78% for the quarter ended September 30, 2020 compared to 2.17% for the quarter ended September 30, 2019.
- Consolidated return on average equity was 26.30% for the quarter ended September 30, 2020 and 11.15% for the quarter ended September 30, 2019.
- Mortgage banking income increased $36.6 million, or 100.2%, to $73.1 million for the quarter ended September 30, 2020, compared to $36.5 million for the quarter ended September 30, 2019.
Headline financials
Revenue & EPS history
Waterstone Financial · Revenue · Quarterly
$89.2M
Revenue by segment
Waterstone Financial · $86.6M total across 2 segments · Q3 2020
- Mortgage Banking$73.1M+100.3%84.4%
- Community Banking$13.5M-2.9%15.6%
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 Q3 2020
+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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