WVS Financial Corp. (WVFC) has reported 27.97 percent rise in profit for the quarter ended Sep. 30, 2016. The company has earned $0.40 million, or $0.21 a share in the quarter, compared with $0.31 million, or $0.16 a share for the same period last year.

Revenue during the quarter grew 4.98 percent to $1.52 million from $1.45 million in the previous year period. Net interest income for the quarter rose 5.88 percent over the prior year period to $1.40 million. Non-interest income for the quarter fell 6.47 percent over the last year period to $0.13 million.

WVS Financial Corp. has made provision of $0.02 million for loan losses during the quarter, down 15.79 percent from $0.02 million in the same period last year.

Investments stood at $242.44 million as on Sep. 30, 2016, down 8.77 percent or $23.31 million from year-ago. Shareholders equity stood at $33.01 million as on Sep. 30, 2016, up 2.17 percent or $0.70 million from year-ago.

Return on average assets was at 0.47 percent in the quarter. At the same time, return on average equity was at 4.82 percent in the quarter.

Tier-1 leverage ratio stood at 9.81 percent for the quarter. Book value per share was $16.44 for the quarter.