Bank Mutual Corp. VP Buys $18,270 in Stock (BKMU)
Bank Mutual Corp. (NASDAQ:BKMU) VP Gregory A. Larson bought 3,000 shares of Bank Mutual Corp. stock on the open market in a transaction dated Monday, August 18th. The stock was purchased at an average cost of $6.09 per share, for a total transaction of $18,270.00. Following the acquisition, the vice president now directly owns 70,850 shares of the company’s stock, valued at approximately $431,477. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Bank Mutual Corp. (NASDAQ:BKMU) traded down 0.49% during mid-day trading on Wednesday, hitting $6.04. The stock had a trading volume of 80,153 shares. Bank Mutual Corp. has a 52-week low of $5.74 and a 52-week high of $7.35. The stock’s 50-day moving average is $6.09 and its 200-day moving average is $6.19. The company has a market cap of $281.2 million and a P/E ratio of 23.35.
Bank Mutual Corp. (NASDAQ:BKMU) last released its earnings data on Wednesday, July 16th. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.01. Analysts expect that Bank Mutual Corp. will post $0.30 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 2.64%. The ex-dividend date is Wednesday, August 13th.
Bank Mutual Corporation is a unitary savings and loan bank holding company of Bank Mutual, a federal savings bank (NASDAQ:BKMU).
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