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Sep 30, 2024
Waterstone Financial Q3 2024 Earnings Report
Reported an increase in net income and earnings per share compared to the same quarter last year, driven by strong performance in the Community Banking segment and cost control in the Mortgage Banking segment.
Key Takeaways
Waterstone Financial, Inc. reported a net income of $4.7 million, or $0.26 per diluted share, for the quarter ended September 30, 2024. The Community Banking segment saw growth in loan and core deposit balances, while the Mortgage Banking segment remained profitable due to cost control measures.
Net income increased to $4.7 million, or $0.26 per diluted share.
Community Banking segment experienced growth in loan and core deposit balances.
Mortgage Banking segment remained profitable due to cost control.
Past due loans as a percentage of total loans was 0.63%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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