Printer Friendly

Waterstone Financial reports result of operations.

Global Banking News-February 29, 2016--Waterstone Financial reports result of operations

(C)2016 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 29 February 2016

(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Waterstone Financial Inc. (NASDAQ: WSBF), holding company for WaterStone Bank, has reported net income of USD3.1m for the quarter ended December 31, 2015, compared to USD2.3m for the quarter ended December 31, 2014 and USD5.2m for the quarter ended September 30, 2015.

Net income totalled USD16.6m for the year ended December 31, 2015, compared to USD12.7m for the year ended December 31, 2014.

For the quarter ended December 31, 2015, net income per diluted share was USD0.11, as compared to USD0.08 for the quarter ended December 31, 2014 and USD0.19 for the quarter ended September 30, 2015. Net income per diluted share totalled USD0.56 for the year ended December 31, 2015, compared to USD0.38 for the year ended December 31, 2014.

Total loans have increased USD19.9m to USD1.11bn at December 31, 2015, compared to USD1.09bn at December 31, 2014. Transaction deposits increased USD32m to USD243.3m at December 31, 2015, compared to USD211.3m at December 31, 2014.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))

COPYRIGHT 2016 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Feb 29, 2016
Words:226
Previous Article:Poage Bankshares appoints chairman and vice chairman of the board.
Next Article:BGC Partners announces new credit agreement.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters