Waterstone Financial, Inc. reported a record first quarter profit, with net income reaching $21.3 million, or $0.89 per diluted share, compared to $6.1 million, or $0.24 per diluted share, for the same quarter last year.
Net income totaled $21.3 million for the quarter ended March 31, 2021, compared to $6.1 million for the quarter ended March 31, 2020.
Return on average assets was 3.99% for the quarter ended March 31, 2021 compared to 1.21% for the quarter ended March 31, 2020.
Return on average equity was 20.49% for the quarter ended March 31, 2021 and 6.24% for the quarter ended March 31, 2020.
Dividends declared during the quarter ended March 31, 2021 totaled $0.20 per common share.
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