Should I buy or sell Territorial Bancorp stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Territorial Bancorp in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" TBNK shares. View TBNK analyst ratings or view top-rated stocks .

What is Territorial Bancorp's stock price target for 2024?

2 Wall Street research analysts have issued twelve-month price objectives for Territorial Bancorp's stock. Their TBNK share price targets range from $7.00 to $11.00. On average, they expect the company's stock price to reach $9.00 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. View analysts price targets for TBNK or view top-rated stocks among Wall Street analysts .

How have TBNK shares performed in 2023?

Territorial Bancorp's stock was trading at $24.01 at the beginning of 2023. Since then, TBNK stock has decreased by 60.1% and is now trading at $9.57. View the best growth stocks for 2023 here .

When is Territorial Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024. View our TBNK earnings forecast .

How were Territorial Bancorp's earnings last quarter?

Territorial Bancorp Inc. (NASDAQ:TBNK) issued its quarterly earnings data on Friday, October, 27th. The financial services provider reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.03. The financial services provider had revenue of $10.62 million for the quarter, compared to analyst estimates of $11.02 million. Territorial Bancorp had a trailing twelve-month return on equity of 3.22% and a net margin of 11.52%.

How often does Territorial Bancorp pay dividends? What is the dividend yield for Territorial Bancorp?

Territorial Bancorp declared a quarterly dividend on Friday, October 27th. Stockholders of record on Thursday, November 9th will be given a dividend of $0.05 per share on Friday, November 24th. This represents a $0.20 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Wednesday, November 8th. Read our dividend analysis for TBNK .

Is Territorial Bancorp a good dividend stock?

Territorial Bancorp (NASDAQ:TBNK) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.25%. The dividend payout ratio is 21.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TBNK will have a dividend payout ratio of 57.14% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TBNK .

What other stocks do shareholders of Territorial Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Territorial Bancorp investors own include Walt Disney (DIS) , Exxon Mobil (XOM) , Gilead Sciences (GILD) , Pfizer (PFE) , Verizon Communications (VZ) , Walgreens Boots Alliance (WBA) , AbbVie (ABBV) , BankFinancial (BFIN) , Delta Air Lines (DAL) and Eastman Chemical (EMN) .

Who are Territorial Bancorp's major shareholders?

Territorial Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Ameriprise Financial Inc. (3.77%), Brandywine Global Investment Management LLC (0.98%), Jacobs Levy Equity Management Inc. (0.47%), White Pine Capital LLC (0.36%), Federated Hermes Inc. (0.19%) and Seizert Capital Partners LLC (0.14%). View institutional ownership trends .

How do I buy shares of Territorial Bancorp?

Shares of TBNK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Territorial Bancorp Stock Price, News & Analysis (NASDAQ:TBNK)

$9.57

+0.70 (+7.89%)

(As of 12/8/2023 ET)

Compare

Today's Range: $8.74
▼
$9.70
50-Day Range: $6.91
▼
$9.57
52-Week Range: $6.85
▼
$25.50

Volume: 26,902 shs
Average Volume: 26,246 shs
Market Capitalization: $84.50 million

P/E Ratio: 10.40
Dividend Yield: 2.09%
Price Target: $9.00

Territorial Bancorp MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.50 Rating Score
Upside/Downside: 6.0% Downside
$9.00 Price Target
Short Interest: Healthy
0.36% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -41.67%
From $0.60 to $0.35 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.54 out of 5 stars

Finance Sector

775th out of 871 stocks

Federal Savings Institutions Industry

31st out of 35 stocks

0.8

Analyst's Opinion

Consensus Rating
Territorial Bancorp has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $9.00, Territorial Bancorp has a forecasted downside of 6.0% from its current price of $9.57.
Amount of Analyst Coverage
Territorial Bancorp has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.36% of the float of Territorial Bancorp has been sold short.
Short Interest Ratio / Days to Cover
Territorial Bancorp has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Territorial Bancorp has recently increased by 2.78%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Territorial Bancorp pays a meaningful dividend of 2.25%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Territorial Bancorp does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Territorial Bancorp is 21.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Territorial Bancorp will have a dividend payout ratio of 57.14% next year. This indicates that Territorial Bancorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TBNK.

N/A

News and Social Media Coverage

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Territorial Bancorp insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.50% of the stock of Territorial Bancorp is held by insiders.
Percentage Held by Institutions
43.12% of the stock of Territorial Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Territorial Bancorp are expected to decrease by -41.67% in the coming year, from $0.60 to $0.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Territorial Bancorp is 10.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Territorial Bancorp is 10.40, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.18.
Price to Book Value per Share Ratio
Territorial Bancorp has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Territorial Bancorp Stock (NASDAQ:TBNK)

Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses in the State of Hawaii. It 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. It also provides various loan products, such as one-to four-family residential mortgage loans; home equity loans; consumer loans; and multi-family mortgage, commercial business, construction, commercial real estate, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company is involved in the insurance agency activities. Further, it provides various non-deposit investments, which comprise annuities and mutual funds through a third-party broker-dealer. The company was founded in 1921 and is headquartered in Honolulu, Hawaii.

TBNK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TBNK Stock News Headlines

November 30, 2023 | americanbankingnews.com

Finward Bancorp (NASDAQ:FNWD) & Territorial Bancorp (NASDAQ:TBNK) Head-To-Head Survey

November 13, 2023 | benzinga.com

Surpassing Expectations: Home Federal Bancorp Unleashes Growth Potential and Rewards Investors

December 9, 2023 | Autonomix (Ad)

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November 7, 2023 | seekingalpha.com

Ten Community Banks Trading At More Than 35% Below Tangible Book

November 5, 2023 | finance.yahoo.com

Territorial Bancorp (NASDAQ:TBNK) Has Announced That Its Dividend Will Be Reduced To $0.05

November 4, 2023 | finance.yahoo.com

Don't Race Out To Buy Territorial Bancorp Inc. (NASDAQ:TBNK) Just Because It's Going Ex-Dividend

October 27, 2023 | finance.yahoo.com

Territorial Bancorp (TBNK) Q3 Earnings and Revenues Miss Estimates

October 27, 2023 | finance.yahoo.com

Territorial Bancorp Inc (TBNK) Announces Q3 2023 Earnings

December 9, 2023 | DTI Trader (Ad)

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October 27, 2023 | msn.com

Republic First secures $35M investment from Norcross Braca Group

October 27, 2023 | benzinga.com

Territorial Bancorp Inc. Announces Third Quarter 2023 Results

September 25, 2023 | benzinga.com

Supporting Shareholders through Changes: Auburn National Bancorp Ensures Stable Distribution amidst Decreased Profits

September 14, 2023 | finance.yahoo.com

Is the Options Market Predicting a Spike in Territorial Bancorp (TBNK) Stock?

September 12, 2023 | finance.yahoo.com

Territorial Bancorp Inc. Completes Twelfth Repurchase Program

September 6, 2023 | benzinga.com

Landmark Bancorp Continues Support to Investors while Adjusting Profits, Adapting to Market Pressures

August 5, 2023 | finance.yahoo.com

Dividend Investors: Don't Be Too Quick To Buy Territorial Bancorp Inc. (NASDAQ:TBNK) For Its Upcoming Dividend

August 1, 2023 | msn.com

Piper Sandler Maintains Territorial Bancorp (TBNK) Underweight Recommendation

July 31, 2023 | markets.businessinsider.com

Territorial Bancorp (TBNK) Receives a Sell from Piper Sandler

July 28, 2023 | benzinga.com

Territorial Bancorp Inc. Announces Second Quarter 2023 Results

July 21, 2023 | finance.yahoo.com

LCNB (LCNB) Tops Q2 Earnings Estimates

June 15, 2023 | finance.yahoo.com

Territorial Bancorp Inc. (NASDAQ:TBNK) is largely controlled by institutional shareholders who own 53% of the company

May 5, 2023 | finance.yahoo.com

We Wouldn't Be Too Quick To Buy Territorial Bancorp Inc. (NASDAQ:TBNK) Before It Goes Ex-Dividend

April 28, 2023 | msn.com

Territorial Bancorp (TBNK) Declares $0.23 Dividend

April 28, 2023 | news.yahoo.com

Territorial's loans, deposits flat as earnings fall 50.8%

April 28, 2023 | finance.yahoo.com

Territorial Bancorp (TBNK) Q1 Earnings and Revenues Miss Estimates

April 27, 2023 | benzinga.com

Territorial Bancorp Inc. Announces First Quarter 2023 Results

April 26, 2023 | msn.com

Earnings Outlook For Territorial Bancorp

See More Headlines

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Company Calendar

Last Earnings: 10/27/2023
Ex-Dividend for 11/24 Dividend: 11/08/2023
Dividend Payable: 11/24/2023
Today: 12/09/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/25/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Federal savings institutions
Sub-Industry: Thrifts & Mortgage Finance
Sector: Finance
Current Symbol: NASDAQ:TBNK
CUSIP: 88145X10
CIK: 1447051
Web: www.territorialsavings.net
Phone: (808) 946-1400
Fax: 808-951-1250
Employees: 253
Year Founded: 1921

Price Target and Rating

Average Stock Price Target: $9.00
High Stock Price Target: $11.00
Low Stock Price Target: $7.00
Potential Upside/Downside: -6.0%
Consensus Rating: Reduce
Rating Score (0-4): 1.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.92
Trailing P/E Ratio: 10.40
Forward P/E Ratio: 15.95
P/E Growth: N/A
Net Income: $16.16 million
Net Margins: 11.52%
Pretax Margin: 15.52%
Return on Equity: 3.22%
Return on Assets: 0.37%

Debt

Debt-to-Equity Ratio: 1.03
Current Ratio: 0.83
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $66.91 million
Price / Sales: 1.26
Cash Flow: $2.38 per share
Price / Cash Flow: 4.02
Book Value: $28.15 per share
Price / Book: 0.34

Miscellaneous

Outstanding Shares: 8,830,000
Free Float: 8,077,000
Market Cap: $84.50 million
Optionable: Optionable
Beta: 0.63

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Key Executives

Mr. Allan S. Kitagawa (Age 78)
Chairman, President & CEO
Comp: $1.29M
Mr. Vernon Hirata (Age 71)
Vice Chairman, Co-COO, General Counsel & Corporate Secretary
Comp: $557.48k
Mr. Ralph Y. Nakatsuka (Age 68)
Vice Chairman & Co-COO
Comp: $544.87k
Mr. Melvin M. Miyamoto (Age 70)
Executive VP, Treasurer & CFO
Comp: $206.13k
Ms. Karen J. Cox (Age 77)
Executive Vice President of Administration
Mr. Walter Y. Ida
Senior VP & Director of Investor Relations
Mr. Stanley Tanaka
Senior Vice President of Administrative, Regulatory & Consumer Compliance
Ms. Denise Takashima
Senior Vice President of Business Development & Marketing
Mr. Troy Yoshimasu (Age 45)
Senior VP & Chief Lending Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TBNK Stock Analysis - Frequently Asked Questions

Should I buy or sell Territorial Bancorp stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Territorial Bancorp in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" TBNK shares.
View TBNK analyst ratings or view top-rated stocks.
What is Territorial Bancorp's stock price target for 2024?: 2 Wall Street research analysts have issued twelve-month price objectives for Territorial Bancorp's stock. Their TBNK share price targets range from $7.00 to $11.00. On average, they expect the company's stock price to reach $9.00 in the next twelve months. This suggests that the stock has a possible downside of 6.0%.
View analysts price targets for TBNK or view top-rated stocks among Wall Street analysts.
How have TBNK shares performed in 2023?: Territorial Bancorp's stock was trading at $24.01 at the beginning of 2023. Since then, TBNK stock has decreased by 60.1% and is now trading at $9.57.
View the best growth stocks for 2023 here.
When is Territorial Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our TBNK earnings forecast.
How were Territorial Bancorp's earnings last quarter?: Territorial Bancorp Inc. (NASDAQ:TBNK) issued its quarterly earnings data on Friday, October, 27th. The financial services provider reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.03. The financial services provider had revenue of $10.62 million for the quarter, compared to analyst estimates of $11.02 million. Territorial Bancorp had a trailing twelve-month return on equity of 3.22% and a net margin of 11.52%.
How often does Territorial Bancorp pay dividends? What is the dividend yield for Territorial Bancorp?: Territorial Bancorp declared a quarterly dividend on Friday, October 27th. Stockholders of record on Thursday, November 9th will be given a dividend of $0.05 per share on Friday, November 24th. This represents a $0.20 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Wednesday, November 8th.
Read our dividend analysis for TBNK.

Is Territorial Bancorp a good dividend stock?: Territorial Bancorp (NASDAQ:TBNK) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.25%. The dividend payout ratio is 21.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TBNK will have a dividend payout ratio of 57.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TBNK.
What other stocks do shareholders of Territorial Bancorp own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Territorial Bancorp investors own include Walt Disney (DIS), Exxon Mobil (XOM), Gilead Sciences (GILD), Pfizer (PFE), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), AbbVie (ABBV), BankFinancial (BFIN), Delta Air Lines (DAL) and Eastman Chemical (EMN).
Who are Territorial Bancorp's major shareholders?: Territorial Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Ameriprise Financial Inc. (3.77%), Brandywine Global Investment Management LLC (0.98%), Jacobs Levy Equity Management Inc. (0.47%), White Pine Capital LLC (0.36%), Federated Hermes Inc. (0.19%) and Seizert Capital Partners LLC (0.14%).
View institutional ownership trends.
How do I buy shares of Territorial Bancorp?: Shares of TBNK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:TBNK) was last updated on 12/9/2023 by MarketBeat.com Staff

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