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West End Indiana Bancshares, Inc.  (WEIN)
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    Sector  Financial    Industry Regional Banks
 
 

EARNINGS REPORT by CSIMarket

Decline in Earnings while Revenues Grew


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West End Indiana Bancshares, Inc announced forth quarter 2016 operating income of $1.217252 millions



Revenue growth of 2.88 %, could not prevent income contraction of -23.12 % in the forth quarter 2016, compare to same quarter a year ago. Revenues were at $3 millions and eps at $0.38.

In comparison to previous quarter profits fell by -17.86 % from $0.46 per share and Revenues increased by 0.97 % from $3 millions.

Net income of $0 millions in the forth quarter 2016 fell by -28.13 % from break-even in the corresponding period a year before. West End Indiana Bancshares, Inc shifted it's focus on improving sales in the forth quarter 2016, as a result net margin eased to 13.14%.
Looking into financial results for the fiscal year 2016, West End Indiana Bancshares, Inc reported Revenues of $12 millions and net income of $2 millions.

Regional Banks Company explained also, that Income per share increased by 14.01 % to $1.79 per share from $1.57 in the previous fiscal year, while Revenues increased by 5.16 % from $11 millions a year ago.

West End Indiana Bancshares, Inc is expected to report next financial results on May 16, 2017.
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Other WEIN's Earnings Reports

West End Indiana Bancshares reported third quarter 2016 earnings

West End Indiana Bancshares reported second quarter 2016 earnings

West End Indiana Bancshares reported first quarter 2016 earnings

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