Bank Mutual Corp. (NASDAQ:BKMU) – Equities researchers at DA Davidson issued their Q3 2016 earnings estimates for shares of Bank Mutual Corp. in a note issued to investors on Monday. DA Davidson analyst K. Reevey anticipates that the brokerage will post earnings of $0.09 per share for the quarter. DA Davidson currently has a “Neutral” rating and a $8.25 price target on the stock. DA Davidson also issued estimates for Bank Mutual Corp.’s Q4 2016 earnings at $0.09 EPS, FY2016 earnings at $0.37 EPS, Q1 2017 earnings at $0.09 EPS, Q2 2017 earnings at $0.10 EPS, Q3 2017 earnings at $0.11 EPS, Q4 2017 earnings at $0.11 EPS and FY2017 earnings at $0.41 EPS.

Bank Mutual Corp. (NASDAQ:BKMU) last issued its earnings results on Wednesday, July 20th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.01. Bank Mutual Corp. had a net margin of 14.75% and a return on equity of 5.48%. During the same period in the previous year, the company earned $0.08 EPS.

Separately, Zacks Investment Research lowered shares of Bank Mutual Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, July 27th.

Shares of Bank Mutual Corp. (NASDAQ:BKMU) traded up 0.89% during trading on Thursday, reaching $7.92. 18,664 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $7.73 and a 200-day moving average price of $7.76. The company has a market capitalization of $361.07 million, a PE ratio of 23.29 and a beta of 1.15. Bank Mutual Corp. has a 52-week low of $7.00 and a 52-week high of $8.49.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC increased its position in Bank Mutual Corp. by 1.6% in the first quarter. Geode Capital Management LLC now owns 292,667 shares of the financial services provider’s stock valued at $2,215,000 after buying an additional 4,694 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in Bank Mutual Corp. by 111.2% in the second quarter. BNP Paribas Arbitrage SA now owns 13,008 shares of the financial services provider’s stock valued at $100,000 after buying an additional 6,849 shares during the last quarter. Arizona State Retirement System increased its position in Bank Mutual Corp. by 2.8% in the first quarter. Arizona State Retirement System now owns 21,752 shares of the financial services provider’s stock valued at $165,000 after buying an additional 600 shares during the last quarter. Bank of Montreal Can bought a new position in Bank Mutual Corp. during the second quarter valued at about $107,000. Finally, Vanguard Group Inc. increased its position in Bank Mutual Corp. by 13.7% in the second quarter. Vanguard Group Inc. now owns 2,569,317 shares of the financial services provider’s stock valued at $19,733,000 after buying an additional 310,175 shares during the last quarter. Institutional investors own 51.29% of the company’s stock.

In related news, VP Christopher L. Mayne sold 50,000 shares of Bank Mutual Corp. stock in a transaction on Tuesday, August 30th. The shares were sold at an average price of $7.84, for a total value of $392,000.00. Following the transaction, the vice president now owns 110,100 shares in the company, valued at approximately $863,184. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 8.80% of the stock is currently owned by corporate insiders.

About Bank Mutual Corp.

Bank Mutual Corporation is a savings and loan holding company. The Company owns Bank Mutual (the Bank), a federally-chartered savings bank. The Company operates through community banking segment. The Bank is engaged in the business of community banking, which includes attracting deposits from and making loans to the general public and private businesses, as well as governmental and non-profit entities.

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