Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | N16w23250 Stone Ridge Drive Suite 5 WEST BEND WI 53188 |
Tel: | 1-262-334-5563 |
Website: | https://www.westburybankwi.com |
IR: | See website |
Key People | ||
Greg J. Remus President, Chief Executive Officer, Director | William D. Gehl Vice Chairman of the Board, Lead Independent Director | Kirk J. Emerich Chief Financial Officer, Executive Vice President of Investor Relations of the Company and the Bank |
Stephen Sinner Chief Operating Officer, Executive Vice President, Director | Peter Emmett Lee Executive Vice President, Chief Community Banking Officer of the Company and the Bank | Glenn J. Stadler Executive Vice President, Chief Commercial Lending Officer of the Company and the Bank | Michael C. Holland Senior Vice President, Corporate Secretary, Chief Credit Officer of the Company and the Bank |
Business Overview |
Westbury Bancorp, Inc. is the holding company for Westbury Bank (the Bank). The Bank is an independent community bank serving communities in Washington and Waukesha Counties through its eight banking offices providing deposit and loan services to individuals, professionals, and businesses throughout its markets. The Bank provides checking, savings, certificates of deposit, consumer loans, credit cards, individual retirement accounts, and others. The Bank's services include online banking, mobile banking, bill pay, Pop Money, order checks, and e-statements, among others. The Bank's business services include business checking and treasury management. The Bank's commercial loans category includes commercial real estate, lines of credit, equipment, construction, working capital, acquisitions, letters of credit, and SBAs. The Bank offers an array of home loan options, including purchase, refinance, construction, Federal VA, WHEDA, and home equity loans and lines of credit. |
Financial Overview |
For the nine months ended 30 June 2023, Westbury Bancorp Inc interest income increased 28% to $25.7M. Net interest income after loan loss provision increased 20% to $23.3M. Net income increased 44% to $7.9M. Net interest income after loan loss provision reflects Investments - nontaxable increase from $227K to $23.2M, Investments - taxable increase of 58% to $1.8M, Interest bearing deposits increase from $43K to $402K. |
Employees: | 125 as of Sep 30, 2017 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $156.70M as of Jun 30, 2023 |
Annual revenue (TTM): | $33.58M as of Jun 30, 2023 |
EBITDA (TTM): | N/A |
Net annual income (TTM): | $10.42M as of Jun 30, 2023 |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | $0.58M as of Jun 30, 2023 |
Shares outstanding: | 5,575,618 as of Oct 18, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |