WAUWATOSA, Wis. (AP) _ Waterstone Financial Inc. (WSBF) on Thursday reported fourth-quarter net income of $27.8 million.

The Wauwatosa, Wisconsin-based company said it had profit of $1.17 per share.

The bank holding company posted revenue of $89.5 million in the period. Its adjusted revenue was $84.2 million.

For the year, the company reported profit of $81.1 million, or $3.30 per share. Revenue was reported as $297.5 million.

Waterstone shares have decreased nearly 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.49, an increase of nearly 4% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSBF at https://www.zacks.com/ap/WSBF

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