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Article: Westborough Financial Services, Inc. Reports Earnings for Three-months ended December 31, 2004.
- Article from:
- Business Wire
- Article date:
- January 31, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WESTBOROUGH, Mass. -- Westborough Financial Services, Inc., (the "Company") (OTCBB: WFSM.OB) the holding company for The Westborough Bank (the "Bank"), reported earnings per share (dilutive) for three-months ended December 31, 2004 of $0.22 on net income of $339 thousand, as compared to $0.22 per share (dilutive) on net income of $349 thousand for three-months ended December 31, 2003. For three-months ended December 31, 2004, net income declined by $10 thousand, or 2.9%, as compared to three-months ended December 31, 2003. The Company's return on average assets was 0.51% for three-months ended December 31, 2004 as compared to 0.54% for three-months ended December 31, 2003 ...
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