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

Territorial Bancorp (NASDAQ:TBNK) is expected to be announcing its earnings results before the market opens on Friday, January 24th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $8,200.00 billion for the quarter.

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

Territorial Bancorp Trading Down 0.1 %

Shares of TBNK stock opened at $9.10 on Thursday. Territorial Bancorp has a 12-month low of $6.92 and a 12-month high of $11.60. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.71. The stock’s 50-day moving average price is $10.08 and its 200-day moving average price is $9.95. The stock has a market capitalization of $80.35 million, a price-to-earnings ratio of -35.00 and a beta of 0.62.

Territorial Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 8th. This is a positive change from Territorial Bancorp’s previous quarterly dividend of $0.01. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.59%. Territorial Bancorp’s dividend payout ratio (DPR) is -15.38%.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Territorial Bancorp in a research report on Wednesday, January 15th. They issued 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.