AP NEWS

Waterstone: 1Q Earnings Snapshot

April 28, 2020 GMT

WAUWATOSA, Wis. (AP) _ Waterstone Financial Inc. (WSBF) on Tuesday reported first-quarter net income of $6.9 million.

The Wauwatosa, Wisconsin-based company said it had net income of 27 cents per share.

The bank holding company posted revenue of $50.9 million in the period. Its adjusted revenue was $44 million.

Waterstone shares have fallen 27% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $13.96, a decline of 16% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSBF at https://www.zacks.com/ap/WSBF