Westfield Financial (WFD) Declares $0.03 Quarterly Dividend; 1.5% Yield

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Westfield Financial, Inc. Reports Results for the Quarter and Year Ended December 31, 2015 and Declares Quarterly Dividend

January 27, 2016 9:55 AM EST

Loan growth continues to be strong at 12.9% 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 $1.4 million, or $0.08 per basic and diluted share, for the quarter ended December 31, 2015, compared to $1.7 million, or $0.09 per basic and diluted share, for the quarter ended December 31, 2014. For the year ended December 31, 2015, net income was $5.7 million, or $0.33 per basic and diluted share, compared to $6.2 million, or $0.34 per basic and diluted share, for the same period in 2014.

Selected financial highlights for fourth quarter 2015 include:

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