Exhibit No. 99

Press Release

MW Bancorp, Inc. Reports Results for the Three and Six Months Ended December 31, 2016

Cincinnati, Ohio – February 6, 2017 – MW Bancorp, Inc. (the “Company”) (OTC: MWBC), the parent company of Watch Hill Bank (the “Bank”), today reported net income of $124,000, or $0.15 per diluted share, for the three months ended December 31, 2016. Net income increased by $101,000, or 439%, compared to net income of $23,000, or $0.03 per diluted share, for the three months ended December 31, 2015.

The Company reported net income of $197,000, or $0.24 per diluted share, for the six months ended December 31, 2016, an increase of $127,000, or 181.4%, compared to net income of $70,000, or $0.09 per diluted share, for the nine months ended December 31, 2015.

The increase in net income for the three months ended December 31, 2016, compared to the same quarter ended December 31, 2015, was due primarily to increases of $127,000 in net interest income and $84,000 in noninterest income, which were partially offset by a $114,000 increase in noninterest expense. Interest income increased $103,000, or 10.4%, for the three months ended December 31, 2016, compared to the three months ended December 31, 2015, primarily due to a $116,000 increase in interest on loans, as a result of a $10.6 million, or 10.7%, increase in the average outstanding balance of loans. Total interest expense decreased $24,000, or 7.8%, for the three months ended December 31, 2016, compared to the three months ended December 31, 2015, due primarily to a decrease in interest expense on deposits of $27,000, or 12.2%. Non-interest income increased $84,000, or 190.9%, for the three months ended December 31, 2016 over the three months ended December 31, 2015, primarily due to a $96,000 increase in gain on sale of loans. Noninterest expense increased $114,000, or 16.3%, for the three months ended December 31, 2016 compared to the three months ended December 31, 2015. This increase was primarily due to increases of $85,000, or 21.2%, in salaries, employee benefits and directors’ fees expenses, as the Company increased staffing levels and stock-based compensation; $16,000, or 31.4%, in occupancy and equipment expense, due primarily to costs associated with the Company’s new office location which opened in September 2015; and $25,000,or 75.8%, in data processing expense, along with additional costs related to the Company’s overall growth and public reporting requirements.

The increase in net income for the six months ended December 31, 2016, compared to the same period ended December 31, 2015, was due primarily to increases of $234,000 in net interest income and $163,000 in noninterest income, which were partially offset by a $250,000 increase in noninterest expense. Interest income increased $204,000, or 10.4%, for the six months ended December 31, 2016, compared to the six months ended December 31, 2015, primarily due to a $229,000 increase in interest on loans, as a result of a $11.2 million, or 11.7%, increase in the average outstanding balance of loans. Total interest expense decreased $30,000, or 5.0%, for the six months ended December 31, 2016, compared to the six months ended December 31, 2015, due primarily to a decrease in interest expense on deposits of $40,000, or 9.3%. Noninterest income increased $163,000, or 133.6%, for the six months ended December 31, 2016 over the six months ended December 31, 2015, primarily due to a $175,000 increase in gain on sale of loans. Noninterest expense increased $250,000, or 17.9%, for the six months ended December 31, 2016 compared to the six months ended December 31, 2015. This increase was primarily due to increases of $149,000, or 19.0%, in salaries, employee benefits and directors’ fees expenses, as the Company increased staffing levels and stock-based compensation; $44,000, or 49.4%, in occupancy and equipment expense, due primarily to costs associated with the Company’s new office location, which opened in September 2015; and $53,000,or 80.3%, in data processing expense, along with additional costs related to the Company’s overall growth and public reporting requirements.

The Company reported total assets of $128.5 million at December 31, 2016, an increase of $9.5 million, or 8.0%, over June 30, 2016. Total loans, including loans held for sale, increased by 5.5% to $107.3 million; total deposits increased by 10.2% to $85.1 million; and stockholders’ equity increased by 0.8% to $16.3 million at December 31, 2016 compared to June 30, 2016.

Total nonperforming loans were $908,000 and $1.2 million at December 31, 2016 and June 30, 2016, respectively. Classified loans totaled $1.2 million at December 31, 2016, compared to $1.5 million at June 30, 2016, and total loans past due greater than 30 days were $1.3 million and $601,000 at those respective dates. The Company had net recoveries totaling $1,000 for the six months ended December 31, 2016, compared to net recoveries of $5,000 for the six months ended December 31, 2015. As a percentage of nonperforming loans, the allowance for loan losses was 180.2% at December 31, 2016, compared to 135.2% at June 30, 2016.

The Company was formed in 2014 to serve as the stock holding company for the Bank following its mutual-to-stock conversion, which was completed effective January 29, 2015. The Company issued 876,163 shares at an offering price of $10.00 per share. Proceeds of the offering, net of offering costs and shares acquired by the ESOP, totaled $6.7 million. In May 2016, the Company repurchased 20,000 shares of its common stock pursuant to its previously announced stock repurchase program.

Information contained in this press release may be considered forward-looking in nature as defined by the Private Securities Litigation Reform Act of 1995 and is subject to various risks, uncertainties, and assumptions. Such forward-looking statements in this release are inherently subject to many uncertainties arising in MW Bancorp's operations and business environment. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. Among the key factors that may have a direct bearing on MW Bancorp's operating results, performance or financial condition are competition, the demand for our products and services, our ability to maintain current deposit and loan levels at current interest rates, deteriorating credit quality, including changes in the interest rate environment reducing interest margins, changes in prepayment speeds, loan origination and sale volumes, charge-offs and loan loss provisions, our ability to maintain required capital levels and adequate sources of funding and liquidity, our ability to secure confidential information through the use of computer systems and telecommunications networks, and other factors as set forth in filings with the Securities and Exchange Commission, including the risk factors set forth in our Annual Report on Form 10-K for the year ended June 30, 2015. MW Bancorp undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in our expectations, except as required to be reported under the rules and regulations of the Securities and Exchange Commission.

MW Bancorp, Inc.

Condensed Consolidated Balance Sheets

December 31, 2016 and June 30, 2016

(In thousands, except share data)

MW Bancorp, Inc.

Condensed Consolidated Statements of Income

For the Three and Six Months Ended December 31, 2016 and 2015

(In thousands, except share data)

MW Bancorp, Inc.

Selected Performance Ratios

At or For the Three and Six Months Ended December 31, 2016 and 2015