Winchester Bancorp (WSBK) investor relations material

Executive summary

• Net income reached $4.4 million ($0.49 per share) for the year ended June 30, 2026, reversing a net loss of $874,000 in the prior year, with adjusted operating net income up $3.7 million year-over-year.

• Strong loan and deposit growth, with loans up $119.6 million (15.9%) and deposits up $130.1 million (19.1%) year-over-year.

• Total assets increased by $146.6 million (15.4%) to $1.10 billion, reflecting robust franchise expansion.

• Net interest margin expanded to 2.55% from 2.05%, and efficiency ratio improved to 75.2% from 85.5% (non-GAAP) year-over-year.

Financial highlights

• Net interest income rose 42.6% to $25.0 million, driven by higher average loan and securities balances.

• Non-interest income was $1.3 million, down from $1.8 million due to a prior-year one-time gain.

• Non-interest expense increased 5.2% to $19.8 million, mainly from higher salaries, benefits, and marketing.

• Book value per share increased to $13.43 from $12.41 year-over-year.

Outlook and guidance

• Management anticipates building on momentum from the first year as a public company, focusing on continued franchise growth and shareholder value creation.