Waterstone Financial Expects $6.2 Million in Q3 Net Income, Delays Filing

Waterstone Financial expects third-quarter net income to fall to $6.2 million from $7.9 million a year earlier, with its delayed quarterly report expected by Nov. 14.

Waterstone Financial, the holding company for WaterStone Bank, also expects net income for the first nine months of 2026 to total $20.6 million, up from $18.7 million in the same period of 2025.

Waterstone cited weaker noninterest income and a larger credit-loss provision as drags on the quarter, with stronger net interest income cushioning the impact. Over the first nine months, gains in net interest income were partly countered by rising noninterest expenses and credit-loss provisions.

Waterstone Financial disclosed Nov. 9 that it needed more time to complete pre-filing procedures for its quarterly report. It expects to submit the report by Nov. 14.