Territorial Bancorp (NASDAQ:TBNK) is scheduled to be announcing its earnings results on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.45 per share for the quarter.
Territorial Bancorp (NASDAQ:TBNK) last released its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.44. The company had revenue of $15.57 million during the quarter, compared to analysts’ expectations of $15.90 million. Territorial Bancorp had a net margin of 24.07% and a return on equity of 7.34%. On average, analysts expect Territorial Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Territorial Bancorp (TBNK) opened at $31.74 on Wednesday. The stock has a market cap of $313.61, a PE ratio of 17.54 and a beta of 0.29. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.90 and a quick ratio of 0.90. Territorial Bancorp has a 52-week low of $28.12 and a 52-week high of $34.00.
The business also recently disclosed a special dividend, which was paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th were given a $0.30 dividend. This represents a yield of 2.54%. This is a boost from Territorial Bancorp’s previous special dividend of $0.10. The ex-dividend date was Tuesday, December 5th. Territorial Bancorp’s payout ratio is 44.20%.
In other news, General Counsel Vernon Hirata sold 6,700 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $30.54, for a total value of $204,618.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.10% of the stock is currently owned by corporate insiders.
Several equities research analysts have issued reports on TBNK shares. Zacks Investment Research raised shares of Territorial Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. BidaskClub cut shares of Territorial Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $35.00.
Territorial Bancorp Company Profile
Territorial Bancorp Inc is the holding company for Territorial Savings Bank (the Bank). The Bank provides financial services to individuals, families and businesses through its banking offices located throughout the State of Hawaii. Its business consists primarily of accepting deposits from the general public and investing those deposits together with funds generated from operations and borrowings in one- to four-family residential mortgage loans and investment securities.
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