EWSB
EWSB Bancorp, Inc.9.42
+0.00+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
7.09MP/E (TTM)
-Basic EPS (TTM)
-13.01Dividend Yield
0%Recent Filings
10-Q
Q3 FY2025 results
EWSB Bancorp posted a Q3 net loss of $3.3M, or $(4.74) diluted EPS on 704k shares, widening from $0.3M last year due to a $3.2M valuation allowance on deferred tax assets from cumulative losses. Net interest income climbed 52% y/y to $1.2M, fueled by 15% higher loan interest ($2.5M) on bigger balances, while deposit costs eased; margin hit 1.8%. Loans grew to $198M, deposits fell to $219M, borrowings doubled to $44.8M (mostly FHLB at ~4%). Cash burned $1.8M from operations. Equity solid but net worth ratio slipped to 4.6%, breaching Wisconsin's 6% rule. Interest rate risk looms large.
10-Q
Q2 FY2025 results
EWSB Bancorp posted a narrower Q2 net loss of $279K, down from $463K a year ago, as net interest income climbed 38% to $1.1M on higher loan yields and volumes, while the provision for credit losses dropped sharply to $15K. Loans grew 5% quarter-over-quarter to $197.6M, fueled by residential and construction demand, yet deposits fell 4% to $222.1M amid brokered outflows, prompting borrowings to double to $44.3M. Cash balances rose to $2.7M, but free cash flow turned negative at $(1.3M) from operating outflows. Equity edged up to $15.8M, though regulatory capital ratios dipped below state net worth thresholds. Non-GAAP metrics not disclosed in the 10-Q. Interest rate volatility remains a key watchpoint.
8-K
Annual meeting elects directors
EWSB Bancorp held its annual stockholder meeting on June 5, 2025, electing Kenneth P. Demerath, Lori Hoersch, and Charles D. Schmalz as directors for three-year terms, with strong support of 407,648 votes each amid 5,100 withheld and 189,202 broker non-votes. Stockholders overwhelmingly ratified Plante Moran, PLLC as independent auditors for the year ending December 31, 2025, passing 601,450 to 500. Governance continuity solidified.
10-Q
Q1 FY2025 results
EWSB Bancorp posted a net loss of $569,000 for Q1 2025 ended March 31, up from $377,000 a year earlier, as net interest income climbed 16.9% y/y to $962,000 on higher loan yields, yet noninterest income plunged 31.7% without a prior $86,000 interest rate swap gain and softer mortgage activity. Expenses rose 7.4% y/y to $1.97 million, driven by professional fees and salaries, while a $110,000 provision for credit losses marked the quarter; the net loss aligns with diluted EPS of $(0.81) on 702,823 shares. Loans grew 1.9% q/q to $191.2 million, funded by $3.6 million more FHLB borrowings to $27.8 million total, with deposits flat at $231.6 million and cash at $1.1 million. Losses widened due to higher noninterest costs. Regulatory pressures loom from the MOU with state and federal overseers.
10-K
FY2024 results
EWSB Bancorp wrapped FY2024 with total assets at $273.3 million, up 4.0% y/y, driven by a 6.9% rise in net loans to $186.4 million amid steady deposit growth to $231.5 million, though net interest income dipped 26.4% to $3.4 million as funding costs climbed 46.3% on higher rates for certificates of deposit and FHLB advances. The full-year net loss widened to $1.7 million from $0.9 million in 2023, pressured by elevated interest expense outpacing a 9.0% interest income gain, yet Q4 showed sequential stabilization with loan yields holding at 4.71% and noninterest income up 14.9% y/y on mortgage banking and swap gains. Liquidity strengthened post-IPO, with $43.3 million unused FHLB capacity and no dividends or buybacks amid regulatory MOU constraints. No annual guidance disclosed. Rising interest rates could squeeze quarterly margins further.
IPO
Website
Employees
Sector
Industry
CFSB
CFSB Bancorp, Inc.
14.25+0.00
CSBB
CSB Bancorp, Inc.
54.00+2.50
ECBK
ECB Bancorp, Inc.
17.39+0.01
EWBC
East West Bancorp, Inc.
114.47+0.85
FDSB
Fifth District Bancorp, Inc.
14.30+0.08
FFBW
FFBW, Inc.
15.00+0.05
NWBI
Northwest Bancshares, Inc.
12.71-0.07
PFSB
PFS Bancorp, Inc.
15.40+0.15
VWFB
VWF Bancorp, Inc.
11.90+0.00
WSBK
Winchester Bancorp, Inc.
9.96+0.01