Winchester Bancorp, Inc. operates as the bank holding company for Winchester Savings Bank, offering a range of banking products and services in Massachusetts. The company provides various deposit accounts, including checking, savings, money market, and certificates of deposit. It also offers loans such as residential and commercial real estate loans, construction loans, home equity loans and lines of credit, commercial business loans, and consumer loans. Additionally, the company invests in securities.
Winchester Bancorp, Inc. Announces Results for the Year Ended June 30, 2026
Winchester Bancorp reported net income of $4.4 million, or $0.49 per share, for the fiscal year ended June 30, 2026, reversing a net loss of $874,000 in the prior year.
The bank achieved robust balance sheet expansion with net loans growing 15.9% to $870.8 million and total deposits increasing 19.1% to $809.2 million.
Net interest income surged 42.6% to $25.0 million, driven by margin expansion to 2.55%, while the efficiency ratio improved significantly to 75.2%.