Winchester Bancorp, Inc./MD/

Winchester Bancorp, Inc. announced that its stockholders approved the 2026 Equity Incentive Plan at the Annual Meeting. The plan allows for stock-based awards to officers, employees, and non-employee directors. Additionally, four directors were elected for three-year terms, and Wolf & Company, P.C. was ratified as the independent registered public accounting firm.

Winchester Bancorp, Inc. reported strong financial results for the year ended June 30, 2026, with net income of $4.4 million, a significant improvement from a net loss in the prior year. The company experienced substantial growth across its balance sheet, including a 15.4% increase in total assets to $1.10 billion and a 19.1% rise in deposits to $809.2 million. Additionally, the Board of Directors approved a change in the company's fiscal year end from June 30 to December 31, effective July 29, 2026, which will result in a six-month transition report.

Winchester Bancorp, Inc. reported strong financial results for the third quarter ended March 31, 2026, with net income increasing 275.4% to $1.1 million, or $0.13 per common share. For the nine months, net income rose to $3.2 million, or $0.36 per share. The company achieved significant loan and deposit growth, expanded its net interest margin by 52 basis points to 2.54%, and improved its efficiency ratio to 72.7%. Additionally, WSBK announced the expansion of its branch network with a new location in Wakefield, MA.