Bank Mutual Profit Up for Quarter, Year

Summary


Bank Mutual Corp. on Thursday reported higher earnings for the fourth quarter -- a contrast to the struggles of many banks that made bad bets on overheated real estate markets.

The Brown Deer firm, which runs 78 banks in Wisconsin and one in Minnesota, earned $6.2 million, or 13 cents a share, in the three months ended Dec. 31. For that period in 2007, Bank Mutual earned $4.1 million, or 8 cents a share.

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Bank Mutual Profit Up for Quarter, Year

One-time losses and gains affected the results in both 2...

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