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. The Bank offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit (CDs), money market accounts, and commercial and regular checking accounts. Through its subsidiary, Territorial Financial Services, Inc., the Bank engages in insurance agency activities. It also offers various non-deposit investments to its customers, including annuities and mutual funds, through a third-party broker-dealer.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Pacific Banks
- Sub-Industry: Thrifts & Mortgage Finance
- Symbol: NASDAQ:TBNK
- CUSIP: 88145X10
- Web: www.territorialsavings.net
- Market Cap: $278.47 million
- Outstanding Shares: 9,230,000
- 50 Day Moving Avg: $30.92
- 200 Day Moving Avg: $31.77
- 52 Week Range: $25.73 - $34.00
Sales & Book Value:
- Trailing P/E Ratio: 16.31
- Foreward P/E Ratio: 14.37
- P/E Growth: 4.02
- Annual Revenue: $62.32 million
- Price / Sales: 4.47
- Book Value: $25.20 per share
- Price / Book: 1.20
- Annual Dividend: $0.80
- Dividend Yield: 2.7%
- Net Margins: 23.30%
- Return on Equity: 7.24%
- Return on Assets: 0.88%
- Debt-to-Equity Ratio: 0.30%
- Current Ratio: 0.87%
- Quick Ratio: 0.87%
- Average Volume: 21,757 shs.
- Beta: 0.28
- Short Ratio: 2.91
Frequently Asked Questions for Territorial Bancorp (NASDAQ:TBNK)
What is Territorial Bancorp's stock symbol?
Territorial Bancorp trades on the NASDAQ under the ticker symbol "TBNK."
How often does Territorial Bancorp pay dividends? What is the dividend yield for Territorial Bancorp?
Territorial Bancorp declared a quarterly dividend on Friday, April 28th. Stockholders of record on Thursday, May 11th will be paid a dividend of $0.20 per share on Thursday, May 25th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend is Tuesday, May 9th. View Territorial Bancorp's Dividend History.
How were Territorial Bancorp's earnings last quarter?
Territorial Bancorp Inc (NASDAQ:TBNK) issued its earnings results on Thursday, January, 26th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.46 by $0.00. The company earned $15.50 million during the quarter, compared to analyst estimates of $15.90 million. Territorial Bancorp had a return on equity of 7.24% and a net margin of 23.30%. View Territorial Bancorp's Earnings History.
When will Territorial Bancorp make its next earnings announcement?
Where is Territorial Bancorp's stock going? Where will Territorial Bancorp's stock price be in 2017?
1 brokerages have issued 1 year target prices for Territorial Bancorp's shares. Their forecasts range from $27.00 to $27.00. On average, they anticipate Territorial Bancorp's share price to reach $27.00 in the next twelve months. View Analyst Ratings for Territorial Bancorp.
Are investors shorting Territorial Bancorp?
Territorial Bancorp saw a decrease in short interest in the month of April. As of April 13th, there was short interest totalling 41,493 shares, a decrease of 20.9% from the March 31st total of 52,471 shares. Based on an average trading volume of 18,398 shares, the days-to-cover ratio is presently 2.3 days.
Who are some of Territorial Bancorp's key competitors?
Some companies that are related to Territorial Bancorp include Pacific Continental (PCBK), Cascade Bancorp (CACB), Heritage Commerce Corp. (HTBK), Bank of Marin Bancorp (BMRC), Sierra Bancorp (BSRR), Central Valley Community Bancorp (CVCY), Northrim BanCorp (NRIM), Civista Bancshares (CIVB), California First National Bancorp (CFNB), First Financial Northwest (FFNW), American River Bankshares (AMRB), Eagle Bancorp Montana (EBMT) and 1st Century Bancshares (FCTY).
Who owns Territorial Bancorp stock?
Territorial Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.61%), Dimensional Fund Advisors LP (4.21%), Vanguard Group Inc. (3.15%), Legion Partners Asset Management LLC (3.16%), Acadian Asset Management LLC (3.09%) and Foundry Partners LLC (1.63%). Company insiders that own Territorial Bancorp stock include Allan S Kitagawa, David S Murakami, Howard Y Ikeda, Kirk W Caldwell, Melvin M Miyamoto, Ralph Y Nakatsuka, Richard I Murakami and Vernon Hirata. View Institutional Ownership Trends for Territorial Bancorp.
Who sold Territorial Bancorp stock? Who is selling Territorial Bancorp stock?
Territorial Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Elizabeth Park Capital Advisors Ltd., Russell Investments Group Ltd., Parametric Portfolio Associates LLC, Acadian Asset Management LLC, Victory Capital Management Inc., Cornerstone Capital Management Holdings LLC., Morgan Stanley and Wedge Capital Management L L P NC. Company insiders that have sold Territorial Bancorp stock in the last year include Allan S Kitagawa, David S Murakami, Howard Y Ikeda, Melvin M Miyamoto, Ralph Y Nakatsuka, Richard I Murakami and Vernon Hirata. View Insider Buying and Selling for Territorial Bancorp.
Who bought Territorial Bancorp stock? Who is buying Territorial Bancorp stock?
Territorial Bancorp's stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Renaissance Technologies LLC, Menta Capital LLC, Trexquant Investment LP, Dimensional Fund Advisors LP, Goldman Sachs Group Inc., Vanguard Group Inc. and Cubic Asset Management LLC. View Insider Buying and Selling for Territorial Bancorp.
How do I buy Territorial Bancorp stock?
Shares of Territorial Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Territorial Bancorp stock cost?
One share of Territorial Bancorp stock can currently be purchased for approximately $30.17.
Earnings History for Territorial Bancorp (NASDAQ:TBNK)Earnings History by Quarter for Territorial Bancorp (NASDAQ:TBNK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017|| || || || || || || || |
|1/26/2017||Q4 2016||$0.46||$0.46||$15.90 million||$15.50 million||View||N/A|
|7/29/2016||Q2||$0.41||$0.43||$15.60 million||$15.73 million||View||N/A|
|4/28/2016||Q1||$0.40||$0.41||$15.90 million||$15.38 million||View||N/A|
|1/28/2016||Q4||$0.41||$0.40||$15.60 million||$15.64 million||View||N/A|
|10/29/2015||Q3||$0.42||$0.40||$15.00 million||$15.53 million||View||N/A|
|7/30/2015||Q215||$0.38||$0.41||$14.70 million||$15.30 million||View||N/A|
|4/30/2015||Q115||$0.36||$0.38||$14.40 million||$15.02 million||View||N/A|
|10/30/2014||$0.37||$0.37||$14.60 million||$14.84 million||View||N/A|
|7/31/2014||Q214||$0.34||$0.40||$14.10 million||$14.65 million||View||N/A|
|5/1/2014||$0.32||$0.37||$14.40 million||$14.52 million||View||N/A|
Earnings Estimates for Territorial Bancorp (NASDAQ:TBNK)
Current Year EPS Consensus Estimate: $1.87 EPS
Next Year EPS Consensus Estimate: $2.10 EPS
Current Dividend Information for Territorial Bancorp (NASDAQ:TBNK)
|Most Recent Dividend:||5/25/2017|
|Payout Ratio:||45.71% (Trailing 12 Months of Earnings) |
42.78% (Based on This Year's Estimates)
38.10% (Based on Next Year's Estimates)
Dividend History by Quarter for Territorial Bancorp (NASDAQ:TBNK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Territorial Bancorp (NASDAQ:TBNK)
Insider Ownership Percentage: 9.80%Insider Trades by Quarter for Territorial Bancorp (NASDAQ:TBNK)
Institutional Ownership Percentage: 43.63%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/4/2017||Richard I Murakami||Director||Sell||2,748||$31.31||$86,039.88|| |
|5/3/2017||David S Murakami||Director||Sell||9,478||$31.25||$296,187.50|| |
|3/16/2017||Vernon Hirata||General Counsel||Sell||1,400||$31.07||$43,498.00|| |
|2/14/2017||Howard Y Ikeda||Director||Sell||3,500||$33.17||$116,095.00|| |
|2/1/2017||David S Murakami||Director||Sell||4,775||$31.94||$152,513.50|| |
|12/7/2016||Allan S Kitagawa||Chairman||Sell||5,807||$32.19||$186,927.33|| |
|9/21/2016||Ralph Y Nakatsuka||Vice Chairman||Sell||4,050||$28.82||$116,721.00|| |
|9/15/2016||Howard Y Ikeda||Director||Sell||4,141||$28.74||$119,012.34|| |
|9/9/2016||David S Murakami||Director||Sell||4,000||$29.07||$116,280.00|| |
|9/9/2016||Melvin M Miyamoto||SVP||Sell||689||$29.09||$20,043.01|| |
|9/8/2016||Vernon Hirata||General Counsel||Sell||7,000||$29.03||$203,210.00|| |
|9/1/2016||Allan S Kitagawa||Chairman||Sell||13,088||$28.49||$372,877.12|| |
|10/6/2015||Allan S. Kitagawa||CEO||Sell||8,945||$26.50||$237,042.50|| |
|10/6/2015||Ralph Y Nakatsuka||COO||Sell||3,800||$26.55||$100,890.00|| |
|10/5/2015||Allan S. Kitagawa||CEO||Sell||6,757||$26.50||$179,060.50|| |
|9/15/2015||Kirk W Caldwell||Director||Sell||4,479||$26.26||$117,618.54|| |
|9/2/2015||David S. Murakami||Director||Sell||4,000||$26.12||$104,480.00|| |
|9/1/2015||Howard Y Ikeda||Director||Sell||4,136||$25.88||$107,039.68|| |
|9/19/2014||Vernon Hirata||General Counsel||Sell||5,084||$20.60||$104,730.40|| |
|9/18/2014||Allan S Kitagawa||CEO||Sell||2,050||$20.53||$42,086.50|| |
|9/18/2014||Ralph Y Nakatsuka||COO||Sell||4,250||$20.59||$87,507.50|| |
|9/16/2014||Allan S Kitagawa||CEO||Sell||202||$20.53||$4,147.06|| |
|9/11/2014||Allan S Kitagawa||CEO||Sell||2,800||$20.54||$57,512.00|| |
|9/11/2014||David S Murakami||Director||Sell||2,367||$20.54||$48,618.18|| |
|9/5/2014||David S Murakami||Director||Sell||1,000||$20.60||$20,600.00|| |
|9/2/2014||Kirk W Caldwell||Director||Sell||3,000||$20.56||$61,680.00|| |
|8/25/2014||Howard Y Ikeda||Director||Sell||3,636||$20.50||$74,538.00|| |
|10/9/2013||Allan Kitagawa||CEO||Sell||2,415||$22.20||$53,613.00|| |
|10/9/2013||Vernon Hirata||General Counsel||Sell||2,581||$22.20||$57,298.20|| |
|10/7/2013||Allan Kitagawa||CEO||Sell||2,084||$22.20||$46,264.80|| |
|10/7/2013||David Murakami||Director||Sell||1,295||$22.20||$28,749.00|| |
|10/7/2013||Vernon Hirata||General Counsel||Sell||2,227||$22.20||$49,439.40|| |
|10/4/2013||Allan Kitagawa||CEO||Sell||1,186||$22.20||$26,329.20|| |
|10/4/2013||Vernon Hirata||General Counsel||Sell||1,268||$22.20||$28,149.60|| |
Headline Trends for Territorial Bancorp (NASDAQ:TBNK)
Latest Headlines for Territorial Bancorp (NASDAQ:TBNK)
|Territorial Bancorp Inc (TBNK) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - May 17 at 8:59 AM
|Territorial Bancorp Inc (TBNK) Director Richard I. Murakami Sells 2,748 Shares|
www.americanbankingnews.com - May 8 at 4:44 PM
|Territorial Bancorp Inc (TBNK) Sees Large Decline in Short Interest|
www.americanbankingnews.com - May 7 at 11:22 AM
|Territorial Bancorp Inc (TBNK) Director David S. Murakami Sells 9,478 Shares of Stock|
www.americanbankingnews.com - May 6 at 12:48 AM
|Somewhat Favorable Press Coverage Very Likely to Affect Territorial Bancorp (TBNK) Share Price|
www.americanbankingnews.com - May 5 at 10:57 PM
|David S. Murakami Sells 9,478 Shares of Territorial Bancorp Inc (TBNK) Stock|
www.americanbankingnews.com - May 4 at 10:22 PM
|Territorial Bancorp (TBNK) Receives News Impact Score of 0.41|
www.americanbankingnews.com - May 2 at 8:10 PM
|Territorial Bancorp Inc (TBNK) Declares Quarterly Dividend of $0.20|
www.americanbankingnews.com - April 28 at 11:53 PM
|Territorial Bancorp (TBNK) Earns News Sentiment Score of 0.05|
www.americanbankingnews.com - April 28 at 5:06 PM
|Territorial Bancorp Inc. Announces First Quarter 2017 Results|
finance.yahoo.com - April 27 at 8:58 PM
|Territorial Bancorp Inc. reports net income increase of 14% for Q1|
finance.yahoo.com - April 27 at 8:58 PM
|Territorial Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : TBNK-US : April 25, 2017|
finance.yahoo.com - April 25 at 9:29 AM
|Territorial Bancorp (TBNK) Receiving Positive Press Coverage, Analysis Shows|
www.americanbankingnews.com - April 24 at 4:10 PM
|Territorial Bancorp (TBNK) Getting Very Positive Media Coverage, Report Shows|
www.americanbankingnews.com - April 17 at 12:54 PM
|Favorable Media Coverage Unlikely to Effect Territorial Bancorp (TBNK) Stock Price|
www.americanbankingnews.com - April 13 at 3:32 PM
|Territorial Bancorp Inc (TBNK) Upgraded to "Buy" by Zacks Investment Research|
www.americanbankingnews.com - March 21 at 11:31 AM
|TERRITORIAL BANCORP INC. Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 15 at 9:15 PM
|Territorial Bancorp Inc. Announces 2016 Results|
us.rd.yahoo.com - January 27 at 6:08 AM
|4:31 pm Territorial Bancorp announces $0.20/share special dividend|
us.rd.yahoo.com - December 1 at 8:01 PM
|Territorial Bancorp declares $0.20 dividend|
seekingalpha.com - November 30 at 5:00 PM
|Hawaii's four largest banks control more than 90% of market share|
www.bizjournals.com - September 30 at 6:54 PM
|Territorial Bancorp posts 2Q profit|
www.cnbc.com - July 30 at 6:55 PM
|Territorial Bancorp reports higher quarterly net income|
www.bizjournals.com - July 30 at 10:27 AM
|Territorial Bancorp Inc. Announces Second Quarter 2016 Results|
globenewswire.com - July 30 at 10:27 AM
|TERRITORIAL BANCORP INC. Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vo|
biz.yahoo.com - May 31 at 12:40 PM
|Territorial Bancorp Inc. Announces Results of Annual Meeting|
finance.yahoo.com - May 26 at 6:03 PM
|4:40 pm Territorial Bancorp increases quarterly dividend to $0.18/share from $0.17/share|
finance.yahoo.com - January 28 at 4:40 PM
|Territorial Bancorp Inc. Announces 2015 Results|
finance.yahoo.com - January 28 at 4:30 PM
|Territorial Bancorp Inc. (TBNK)|
finance.yahoo.com - January 24 at 12:30 PM
|TERRITORIAL BANCORP INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - January 13 at 4:07 PM
|Territorial Bancorp Inc. Completes Sixth Repurchase Program|
finance.yahoo.com - December 10 at 4:30 PM
|TERRITORIAL BANCORP INC. Financials|
finance.yahoo.com - December 8 at 1:17 PM
|TERRITORIAL BANCORP INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits|
biz.yahoo.com - November 12 at 4:46 PM
|TERRITORIAL BANCORP INC. Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - November 6 at 12:38 PM
|Territorial Bancorp Inc. Declares Dividend|
finance.yahoo.com - October 29 at 4:40 PM
Territorial Bancorp (TBNK) Chart for Friday, May, 26, 2017