Territorial Bancorp (NASDAQ:TBNK) released its quarterly earnings data on Thursday. The financial services provider reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.01, Fidelity Earnings reports. The company had revenue of $15.98 million during the quarter, compared to the consensus estimate of $15.90 million. Territorial Bancorp had a net margin of 21.08% and a return on equity of 7.42%.

NASDAQ:TBNK opened at $30.50 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market cap of $294.19, a P/E ratio of 17.13 and a beta of 0.26. Territorial Bancorp has a fifty-two week low of $28.12 and a fifty-two week high of $33.00.

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 24th. Stockholders of record on Thursday, May 10th will be paid a $0.20 dividend. The ex-dividend date is Wednesday, May 9th. This represents a $0.80 annualized dividend and a dividend yield of 2.62%. Territorial Bancorp’s dividend payout ratio (DPR) is 44.94%.

In related news, Director Howard Y. Ikeda sold 3,736 shares of the stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $30.59, for a total transaction of $114,284.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 13.10% of the company’s stock.

Several research firms have recently weighed in on TBNK. Zacks Investment Research raised shares of Territorial Bancorp from a “hold” rating to a “buy” rating and set a $35.00 price target for the company in a research note on Saturday, January 13th. BidaskClub cut shares of Territorial Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $33.00 price target on shares of Territorial Bancorp in a research note on Friday, January 26th. Sandler O’Neill reissued a “hold” rating and issued a $34.00 price target on shares of Territorial Bancorp in a research note on Friday, January 26th. Finally, ValuEngine raised shares of Territorial Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $34.00.

About Territorial Bancorp

Territorial Bancorp Inc operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses. The company offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and NOW accounts.

Earnings History for Territorial Bancorp (NASDAQ:TBNK)

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