Analysts’ Weekly Ratings Changes for Territorial Bancorp (TBNK)

Territorial Bancorp (NASDAQ: TBNK) has recently received a number of price target changes and ratings updates:

  • 1/26/2018 – Territorial Bancorp had its “hold” rating reaffirmed by analysts at Sandler O’Neill. They now have a $34.00 price target on the stock.
  • 1/26/2018 – Territorial Bancorp had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $33.00 price target on the stock.
  • 1/13/2018 – Territorial Bancorp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $35.00 price target on the stock. According to Zacks, “Territorial Bancorp, Inc. intends to operate as the bank holding company for Territorial Savings Bank, a federally chartered, FDIC-insured savings bank, which provides financial services to individuals, families, and businesses. Territorial Savings Bank accepts deposits; originates home equity loans and lines of credit, construction, commercial and other non-residential real estate loans, consumer loans, multi-family mortgage loans, and other loans; offers various deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts; engages in insurance agency activities; and provides various non-deposit investments, such as annuities and mutual funds through a third-party broker-dealer. Territorial Bancorp, Inc. is based in Honolulu, Hawaii with banking offices located throughout the State of Hawaii. “
  • 1/11/2018 – Territorial Bancorp was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/5/2018 – Territorial Bancorp was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Territorial Bancorp, Inc. intends to operate as the bank holding company for Territorial Savings Bank, a federally chartered, FDIC-insured savings bank, which provides financial services to individuals, families, and businesses. Territorial Savings Bank accepts deposits; originates home equity loans and lines of credit, construction, commercial and other non-residential real estate loans, consumer loans, multi-family mortgage loans, and other loans; offers various deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts; engages in insurance agency activities; and provides various non-deposit investments, such as annuities and mutual funds through a third-party broker-dealer. Territorial Bancorp, Inc. is based in Honolulu, Hawaii with banking offices located throughout the State of Hawaii. “

Territorial Bancorp Inc (NASDAQ:TBNK) traded down $0.28 during trading on Monday, reaching $30.73. The company’s stock had a trading volume of 6,468 shares, compared to its average volume of 13,851. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $307.47, a price-to-earnings ratio of 19.45 and a beta of 0.29. Territorial Bancorp Inc has a one year low of $28.12 and a one year high of $33.97.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Shareholders of record on Thursday, February 8th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, February 7th. This represents a $0.80 dividend on an annualized basis and a yield of 2.60%. Territorial Bancorp’s dividend payout ratio is currently 50.63%.

In other Territorial Bancorp news, General Counsel Vernon Hirata sold 6,700 shares of the company’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $30.54, for a total transaction of $204,618.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 13.10% of the stock is owned by corporate insiders.

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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