Territorial Bancorp (TBNK) to Release Quarterly Earnings on Thursday

Territorial Bancorp (NASDAQ:TBNK - Get Free Report) is scheduled to be posting its quarterly earnings results on Thursday, April 25th.

Territorial Bancorp (NASDAQ:TBNK - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $18.29 million during the quarter, compared to analyst estimates of $10.31 million. Territorial Bancorp had a net margin of 7.03% and a return on equity of 2.00%. 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 NASDAQ TBNK remained flat at $7.27 during mid-day trading on Wednesday. The stock had a trading volume of 5,338 shares, compared to its average volume of 12,811. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.96. The company has a 50 day moving average price of $8.18 and a 200-day moving average price of $8.89. The company has a market cap of $64.19 million, a P/E ratio of 12.75 and a beta of 0.65. Territorial Bancorp has a 12 month low of $6.85 and a 12 month high of $17.81.

Territorial Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Friday, February 9th were paid a $0.05 dividend. The ex-dividend date was Thursday, February 8th. This represents a $0.20 dividend on an annualized basis and a yield of 2.75%. Territorial Bancorp's dividend payout ratio is 35.09%.

Analyst Ratings Changes

Several research analysts have recently weighed in on TBNK shares. Piper Sandler boosted their price objective on shares of Territorial Bancorp from $7.00 to $8.00 and gave the stock an "underweight" rating in a research note on Tuesday, January 30th. TheStreet raised Territorial Bancorp from a "d+" rating to a "c-" rating in a report on Wednesday, December 27th. Finally, StockNews.com upgraded shares of 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.