Wayne Savings Bancshares Inc. (WAYN) Announces Earnings Results
Wayne Savings Bancshares Inc. (NASDAQ:WAYN) issued its earnings results on Wednesday. The savings and loans company reported $0.31 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Wayne Savings Bancshares had a net margin of 12.16% and a return on equity of 5.30%. The business had revenue of $4.22 million for the quarter.
Wayne Savings Bancshares (NASDAQ WAYN) opened at 17.851 on Thursday. Wayne Savings Bancshares has a 52-week low of $13.75 and a 52-week high of $18.75. The stock has a market capitalization of $49.16 million, a price-to-earnings ratio of 22.342 and a beta of 0.28. The stock’s 50 day moving average is $17.59 and its 200-day moving average is $17.52.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Wednesday, October 18th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, October 17th. This represents a $0.36 dividend on an annualized basis and a yield of 2.02%. Wayne Savings Bancshares’s payout ratio is 45.00%.
Wayne Savings Bancshares Company Profile
Wayne Savings Bancshares, Inc is the unitary thrift holding company for Wayne Savings Community Bank (the Bank). The Bank is a community-oriented institution, which offers a range of consumer and business financial services. The Bank’s primary lending and deposit gathering area includes Wayne, Holmes, Ashland, Medina and Stark counties, where it operates over 10 offices.
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