Waterstone Financial director resigns ahead of dividend for Waterstone Financial stock

Published on 10/18/2026 at 12:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Derek L. Tyus leaves both boards on October 20, 2026. A USD 0.17 dividend is due November 2, while Waterstone Financial stock is valued at USD 357.9 million.

Governance and earnings timeline

On October 16, 2026, Waterstone Financial announced Derek L. Tyus will leave two boards on October 20, 2026.
Second-quarter 2026 net income was USD 8.46 million and diluted earnings per share were USD 0.49.
Waterstone Financial had a market capitalization of USD 357.9 million as of October 16, 2026.

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Waterstone Financial, Inc. announced on October 16, 2026 that director Derek L. Tyus will resign from the company and bank boards on October 20, 2026, according to the SEC. The governance change arrives before the company is scheduled to report third-quarter results on October 22, 2026.

Board change sets the timeline

The SEC filing said Tyus is leaving because of a new professional commitment and that his resignation did not result from a disagreement over operations, policies or practices. He joined the boards in 2021 and served on the company Audit and Compensation Committees and the bank Executive Committee.

Three events explain the setup

On July 23, 2026, Waterstone Financial reported second-quarter net income of USD 8.46 million and diluted earnings per share of USD 0.49, according to Investing.com. On September 22, 2026, the company declared a quarterly cash dividend of USD 0.17 per common share, payable November 2, 2026, according to MarketScreener. On October 16, 2026, it announced Tyus's resignation, effective October 20, 2026, according to the SEC filing.

What does October bring?

The next test is the third-quarter report scheduled for October 22, 2026. MarketBeat reported consensus expectations of USD 0.66 in earnings per share and USD 65.80 million in revenue for the quarter. Those estimates give investors a quantified benchmark against the USD 0.49 earnings per share and USD 40.25 million revenue figures cited for the previous quarter.

Upcoming dates for shareholders

Waterstone Financial's next two dated events are the board resignation effective October 20, 2026 and the third-quarter results announcement scheduled for October 22, 2026, with the latter date reported by MarketBeat.

Market value before results

Waterstone Financial had a market capitalization of USD 357.9 million as of October 16, 2026. Its primary listing is on Nasdaq, where the company operates as a savings and loan holding company for WaterStone Bank and its mortgage banking business.