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Westfield Financial provides further info on TBV dilution calculation in Chicopee deal

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Westfield Financial provides further info on TBV dilution calculation in Chicopee deal

Westfield, Mass.-based Westfield Financial Inc. provided additional details inan investorpresentation regarding tangible book value dilution and earnbackwith respect to its pending deal with Chicopee, Mass.-based

The company explained how it calculated tangible book valuedilution to beapproximately 6% with earnback in roughly 4.7 years using the crossover methodand 4.6 years using the incremental EPS method.

The presentation was included in a Form 8-K filed April 6.