Westfield Financial Q4 Profit Tops View; Declares Dividend - Quick Facts

(RTTNews) - Westfield Financial, Inc. (WFD), the holding company for Westfield Bank , on Wednesday reported fourth-quarter net income of $1.8 million or $0.09 per share, compared to $1.6 million or $0.07 per share in the comparable quarter last year.

Total interest and dividend income for the quarter was $10.1 million, compared to $10.6 million a year ago, while total non-interest income for the quarter declined to $1.3 million from $1.4 million a year ago.

On average, four analysts polled by Thomson Reuters expected earnings of $0.07 per share. Analysts' estimates typically exclude special items.

Further, the Board of Directors approved the declaration of a quarterly cash dividend of $0.06 per share, payable on February 20, 2014, to all shareholders of record on February 6, 2014.