WAUWATOSA, Wis. (AP) — WAUWATOSA, Wis. (AP) — Waterstone Financial Inc. (WSBF) on Tuesday reported earnings of $3 million in its first quarter.

On a per-share basis, the Wauwatosa, Wisconsin-based company said it had net income of 16 cents. Earnings, adjusted for non-recurring costs, came to 20 cents per share.

The bank holding company posted revenue of $48.2 million in the period. Its adjusted revenue was $32.4 million.

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