Territorial Bancorp (TBNK) Releases Quarterly Earnings, Beats Expectations By $0.06 EPS
Territorial Bancorp (NASDAQ:TBNK) issued its quarterly earnings data on Thursday. The company reported $0.40 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.06, Analyst Ratings News reports.
Shares of Territorial Bancorp (NASDAQ:TBNK) traded down 0.25% during mid-day trading on Thursday, hitting $20.10. 25,459 shares of the company’s stock traded hands. Territorial Bancorp has a 52 week low of $19.56 and a 52 week high of $24.15. The stock’s 50-day moving average is $20.58 and its 200-day moving average is $21.. The company has a market cap of $184.1 million and a P/E ratio of 13.42.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, August 28th. Investors of record on Thursday, August 14th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.97%.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Territorial Bancorp from an “outperform” rating to a “neutral” rating in a research note on Monday, July 7th. They now have a $26.10 price target on the stock.
Territorial Bancorp Inc owns 100% of Territorial Savings Bank (NASDAQ:TBNK).
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