Territorial Bancorp (TBNK) Expected to Announce Quarterly Earnings on Friday

Territorial Bancorp (NASDAQ:TBNK) is anticipated to release its earnings data before the market opens on Friday, January 24th. Analysts expect Territorial Bancorp to post earnings of ($0.02) per share and revenue of $8,200.00 billion for the quarter.

Territorial Bancorp (NASDAQ:TBNK) last issued its quarterly earnings results on Monday, October 28th. The financial services provider reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.10). The company had revenue of $18.93 million for the quarter. Territorial Bancorp had a negative net margin of 3.01% and a negative return on equity of 0.90%.

Territorial Bancorp Stock Performance

Shares of Territorial Bancorp stock opened at $9.05 on Friday. Territorial Bancorp has a 1 year low of $6.92 and a 1 year high of $11.60. The firm’s 50-day moving average is $10.19 and its 200 day moving average is $9.90. The stock has a market cap of $79.91 million, a price-to-earnings ratio of -34.81 and a beta of 0.62. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.84 and a quick ratio of 0.84.

Territorial Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.63%. The ex-dividend date of this dividend was Friday, November 8th. This is an increase from Territorial Bancorp’s previous quarterly dividend of $0.01. Territorial Bancorp’s dividend payout ratio is currently -15.38%.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Territorial Bancorp in a research report on Wednesday. They set a “hold” rating for the company.

About Territorial Bancorp

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.