Territorial Bancorp (TBNK) Set to Announce Quarterly Earnings on Thursday

Territorial Bancorp (NASDAQ:TBNK) is scheduled to issue its quarterly earnings data on Thursday, April 25th.

Territorial Bancorp (NASDAQ:TBNK) last released its earnings results on Friday, January 26th. The financial services provider reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.03). Territorial Bancorp had a net margin of 7.03% and a return on equity of 2.00%. The business had revenue of $18.29 million for the quarter, compared to the consensus estimate of $10.31 million. 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 Down 0.5 %

TBNK stock opened at $7.27 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.86 and a quick ratio of 0.86. Territorial Bancorp has a 1-year low of $6.85 and a 1-year high of $18.15. The firm has a fifty day moving average price of $8.21 and a two-hundred day moving average price of $8.90. The firm has a market cap of $64.19 million, a price-to-earnings ratio of 12.75 and a beta of 0.65.

Territorial Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Friday, February 9th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, February 8th. This represents a $0.20 annualized dividend and a dividend yield of 2.75%. Territorial Bancorp’s dividend payout ratio is currently 35.09%.

Wall Street Analysts Forecast Growth

TBNK has been the subject of several recent research reports. StockNews.com upgraded shares of Territorial Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, March 4th. Piper Sandler upped their price target on shares of Territorial Bancorp from $7.00 to $8.00 and gave the stock an “underweight” rating in a research report on Tuesday, January 30th. Finally, TheStreet upgraded shares of Territorial Bancorp from a “d+” rating to a “c-” rating in a research report on Wednesday, December 27th.

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.