Westbury Bancorp, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2022
April 20, 2022 at 05:01 pm EDT
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Westbury Bancorp, Inc. reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported net interest income was USD 6.29 million compared to USD 6.54 million a year ago. Net income was USD 1.59 million compared to USD 2.43 million a year ago. Basic earnings per share from continuing operations was USD 0.62 compared to USD 0.95 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to USD 0.9 a year ago.
For the six months, net interest income was USD 12.81 million compared to USD 13.86 million a year ago. Net income was USD 3.8 million compared to USD 5.13 million a year ago. Basic earnings per share from continuing operations was USD 1.51 compared to USD 2.01 a year ago. Diluted earnings per share from continuing operations was USD 1.41 compared to USD 1.93 a year ago.
Westbury Bancorp, Inc. is the holding company for Westbury Bank (the Bank). The Bank is an independent community bank serving communities in Washington and Waukesha Counties through its eight banking offices providing deposit and loan services to individuals, professionals, and businesses throughout its markets. The Bank provides checking, savings, certificates of deposit, consumer loans, credit cards, individual retirement accounts, and others. The Bankâs services include online banking, mobile banking, bill pay, Pop Money, order checks, and e-statements, among others. The Bankâs business services include business checking and treasury management. The Bankâs commercial loans category includes commercial real estate, lines of credit, equipment, construction, working capital, acquisitions, letters of credit, and SBAs. The Bank offers an array of home loan options, including purchase, refinance, construction, Federal VA, WHEDA, and home equity loans and lines of credit.