Territorial Bancorp (TBNK) Set to Announce Earnings on Thursday

Territorial Bancorp (NASDAQ:TBNK) will post its quarterly earnings results on Thursday, April 25th.

Territorial Bancorp (NASDAQ:TBNK) last issued its quarterly earnings data on Friday, January 26th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.03). The firm had revenue of $18.29 million for the quarter, compared to analyst estimates of $10.31 million. Territorial Bancorp had a return on equity of 2.00% and a net margin of 7.03%. On average, analysts expect Territorial Bancorp to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Territorial Bancorp Stock Performance

Shares of TBNK stock opened at $7.27 on Wednesday. The stock has a fifty day moving average price of $8.21 and a 200 day moving average price of $8.90. The stock has a market cap of $64.19 million, a PE ratio of 12.75 and a beta of 0.65. Territorial Bancorp has a 1 year low of $6.85 and a 1 year high of $18.15. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.86 and a current ratio of 0.86.

Territorial Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Friday, February 9th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, February 8th. This represents a $0.20 annualized dividend and a yield of 2.75%. Territorial Bancorp’s dividend payout ratio is presently 35.09%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TBNK. TheStreet raised Territorial Bancorp from a “d+” rating to a “c-” rating in a report on Wednesday, December 27th. Piper Sandler boosted their price target on Territorial Bancorp from $7.00 to $8.00 and gave the stock an “underweight” rating in a report on Tuesday, January 30th. Finally, StockNews.com raised Territorial Bancorp from a “sell” rating to a “hold” rating in a report on Monday, March 4th.

Territorial Bancorp Company Profile

Territorial Bancorp Inc operates as the holding company for Territorial Savings Bank that engages in the provision of various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings, money market, commercial and regular checking, and Super NOW accounts, as well as certificates of deposit.