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

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

Territorial Bancorp (NASDAQ:TBNK) last released its quarterly earnings results on Friday, January 26th. The financial services provider reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.03). Territorial Bancorp had a return on equity of 2.00% and a net margin of 7.03%. The firm had revenue of $18.29 million for the quarter, compared to analysts’ expectations 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 Price Performance

TBNK stock opened at $7.27 on Wednesday. Territorial Bancorp has a 12 month low of $6.85 and a 12 month high of $18.15. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.96. The company has a 50-day moving average price of $8.21 and a 200 day moving average price of $8.90. The stock has a market cap of $64.19 million, a PE ratio of 12.75 and a beta of 0.65.

Territorial Bancorp Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have commented on the company. StockNews.com upgraded Territorial Bancorp from a “sell” rating to a “hold” rating in a report on Monday, March 4th. TheStreet upgraded Territorial Bancorp from a “d+” rating to a “c-” rating in a report on Wednesday, December 27th. Finally, Piper Sandler lifted their price objective on Territorial Bancorp from $7.00 to $8.00 and gave the company an “underweight” rating in a report on Tuesday, January 30th.

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.