Bank Mutual Reveals 15% Retreat In Q3 Earnings

(RTTNews) - Bank Mutual (BKMU) reported earnings for third quarter that declined compared to the same period last year.

The company said its earnings totaled $3.84 million, or $0.08 per share. This was lower than $4.54 million, or $0.10 per share, in last year's third quarter.

Analysts had expected the company to earn $0.10 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Bank Mutual earnings at a glance:

-Earnings (Q3): $3.84 Mln. vs. $4.54 Mln. last year. -Earnings Decline (Y-o-Y): -15.4% -EPS (Q3): $0.08 vs. $0.10 last year. -EPS Decline (Y-o-Y): -20.0% -Analysts Estimate: $0.10