| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 6.45 | 11.4% | 38.6% |
| Total Income | 6.45 | 11.4% | 38.6% |
| Expenditure | 5.10 | 13.8% | 49.5% |
| PBT | 1.35 | 2.3% | 229.3% |
| Net Profit | 1.07 | 11.5% | 189.2% |
| OPM | 20.95% | 1.81pp | |
| NPM | 16.66% | 0.06pp | 13.11pp |
| EPS | 0.12 | 9.1% |
Winchester Bancorp Reports Q2 2026 Net Income of $1.1 Million
04 May 2026 · 4 May, 1:42 am
Summary
Winchester Bancorp, Inc. announced its second quarter 2026 financial results, reporting a net income of $1.1 million, or $0.12 per common share. This represents a significant increase of $701,000, or 187.9%, compared to the same quarter in the previous year. For the six months ended December 31, 2025, net income was $2.0 million, or $0.23 per common share. Total assets reached $1.02 billion, a 7.0% increase from June 30, 2025, driven by growth in net loans and deposits.
Key Highlights
- 1
Winchester Bancorp, Inc. reported a net income of $1.1 million, or $0.12 per common share, for the quarter ended December 31, 2025.
- 2
Net income increased by $701,000, or 187.9%, compared to the quarter ended December 31, 2024.
- 3
For the six months ended December 31, 2025, the Company reported net income of $2.0 million, or $0.23 per common share.
- 4
Total assets were $1.02 billion on December 31, 2025, representing an increase of $66.5 million, or 7.0%, from June 30, 2025.
- 5
Net loans were $800.2 million, representing an increase of $48.9 million or 6.5%, from June 30, 2025.
- 6
Deposits totaled $746.3 million, representing an increase of $67.1 million, or 9.9% since June 30, 2025.
- 7
Net interest income was $6.1 million for the quarter ended December 31, 2025, compared to $4.0 million for the quarter ended December 31, 2024, representing an increase of $2.0 million, or 50.4%.
Management Comments
John A. Carroll
“The Bank had a successful second quarter, highlighted by continued loan demand, strong deposit growth and margin improvements. Deposit growth of $29.9 million outpaced loan growth of $7.0 million during the quarter as our newly established municipal channel continues to add value allowing us to restructure wholesale funding. Margin improvements are a result of a more stabilized interest rate environment and balance sheet growth. Net income was $0.12 per common share for the quarter and other financial metrics such as book value per share, efficiency and loan to deposit ratio, continue to trend in the right direction. As we enter the third quarter, we will continue to pursue our strategic plan and focus on orderly and disciplined capital management and balance sheet growth.”
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