Insider Buying: Gregory A. Larson Acquires 3,000 Shares of Bank Mutual Corp. Stock (BKMU)
Bank Mutual Corp. (NASDAQ:BKMU) VP Gregory A. Larson acquired 3,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The shares were purchased at an average cost of $6.09 per share, with a total value of $18,270.00. Following the purchase, the vice president now directly owns 70,850 shares in the company, valued at approximately $431,477. The purchase was disclosed in a filing with the SEC, which is available at this link.
Bank Mutual Corp. (NASDAQ:BKMU) opened at 6.05 on Thursday. 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 $281.7 million and a price-to-earnings ratio of 23.35.
Bank Mutual Corp. (NASDAQ:BKMU) last posted its quarterly earnings results on Wednesday, July 16th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. On average, analysts predict that Bank Mutual Corp. will post $0.30 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Stockholders 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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