Bank Mutual Earnings Drop 24% In Q3

(RTTNews) - Bank Mutual (BKMU) revealed a profit for third quarter that dropped compared to the same period last year.

The company said its profit came in at $3.35 million, or $0.07 per share. This was down from $4.41 million, or $0.09 per share, in last year's third quarter.

Analysts had expected the company to earn $0.08 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Bank Mutual earnings at a glance:

-Earnings (Q3): $3.35 Mln. vs. $4.41 Mln. last year. -Earnings Decline (Y-o-Y): -24.0% -EPS (Q3): $0.07 vs. $0.09 last year. -EPS Decline (Y-o-Y): -22.2% -Analysts Estimate: $0.08