Waterstone Financial stock faces delayed Q3 filing, lower profit
Published on 11/13/2026 at 00:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDelayed filing raises earnings focus
- Waterstone Financial expects lower third-quarter profit than a year earlier.
- The company expects to file its Form 10-Q within the permitted extension period.
- Higher net interest income only partly offsets weaker noninterest income and higher credit-loss provisions.
Waterstone Financial said on Monday, November 9, 2026, that it could not file its Form 10-Q for the quarter ended September 30 by the prescribed deadline. The company expects third-quarter net income of 6.2 million US dollars, compared with 7.9 million US dollars a year earlier, according to the SEC filing reported by StockTitan.
Late report keeps investors waiting
The company attributed the delay primarily to additional time needed to complete pre-filing procedures. Waterstone Financial said it expects to submit the quarterly report no later than the fifth calendar day after the November 9 deadline, as permitted under the late-filing rules.
For the first nine months of 2026, Waterstone Financial expects net income of 20.6 million US dollars, compared with 18.7 million US dollars in the same period of 2025. The filing said higher net interest income partly offset higher noninterest expenses and provisions for credit losses over the nine-month period.
Credit costs shape the outlook
The preliminary quarterly figures point to pressure from lower noninterest income and higher provisions for credit losses. Those effects were partly offset by higher net interest income, leaving the final 10-Q important for investors assessing loan quality, margins and the bank's balance-sheet trends.
Regional banking footprint
Waterstone Financial is a Maryland corporation headquartered in Wauwatosa, Wisconsin, and is the stock holding company for WaterStone Bank SSB, a Wisconsin savings bank, according to the company's corporate profile. Its banking business is concentrated in Wisconsin, with commercial real estate lending forming a material part of WaterStone Bank's portfolio. BestCRE ranked WaterStone Bank ninth among Wisconsin-headquartered banks by commercial real estate loans as of June 30, 2026, behind larger institutions including Associated Bank, Nicolet National Bank and Johnson Bank, while its multifamily exposure was comparatively significant.
Waterstone Financial at a glance
- Company: Waterstone Financial, Inc.
- Ticker: WSBF
- Exchange: Nasdaq Global Select Market
- Headquarters: Wauwatosa, Wisconsin, United States
- Reported event: Form 12b-25 late filing notice dated November 9, 2026
- Expected third-quarter net income: 6.2 million US dollars
- Expected nine-month net income: 20.6 million US dollars
- Expected filing timing: No later than the fifth calendar day after the prescribed deadline
Wisconsin lenders remain the relevant market backdrop for Waterstone Financial, including larger regional institutions and community banks tracked in the S&P 500 market environment.
