Territorial Bancorp (NASDAQ:TBNK) Issues Earnings Results

Territorial Bancorp (NASDAQ:TBNK) released its earnings results on Friday. The financial services provider reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.18), Zacks reports. Territorial Bancorp had a negative return on equity of 0.90% and a negative net margin of 3.01%.

Territorial Bancorp Stock Up 0.2 %

Shares of TBNK traded up $0.02 during mid-day trading on Friday, hitting $9.03. 31,438 shares of the company’s stock were exchanged, compared to its average volume of 20,330. The firm has a fifty day moving average of $9.85 and a two-hundred day moving average of $9.97. Territorial Bancorp has a twelve month low of $6.92 and a twelve month high of $11.44. The stock has a market cap of $79.73 million, a price-to-earnings ratio of -34.73 and a beta of 0.62. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.71.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Territorial Bancorp in a research report on Friday. They issued a “hold” rating for the company.

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.