Westfield Financial (WFD) Declares $0.03 Quarterly Dividend; 1.6% Yield

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Westfield Financial, Inc. Reports Results for the Quarter Ended September 30, 2015 and Declares Quarterly Dividend

October 28, 2015 12:18 PM EDT

Loan growth continues to be strong at 12.1% year-over-year

WESTFIELD, Mass.--(BUSINESS WIRE)-- Westfield Financial, Inc. (the Company) (NasdaqGS: WFD), the holding company for Westfield Bank (the Bank), reported net income of $1.6 million, or $0.09 per diluted share, for the quarter ended September 30, 2015, compared to $1.5 million, or $0.08 per diluted share, for the quarter ended September 30, 2014. For the nine months ended September 30, 2015, net income was $4.3 million, or $0.25 per diluted share, compared to $4.5 million, or $0.25 per diluted share, for the same period in 2014.

Selected financial highlights for third quarter 2015 include:

Total loans increased $87.3... More