Territorial Bancorp (TBNK) – Investment Analysts’ Recent Ratings Changes

Territorial Bancorp (NASDAQ: TBNK) has recently received a number of price target changes and ratings updates:

  • 2/5/2018 – Territorial Bancorp was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 1/30/2018 – Territorial Bancorp was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 1/26/2018 – Territorial Bancorp had its “hold” rating reaffirmed by analysts at Sandler O’Neill. They now have a $34.00 price target on the stock.
  • 1/26/2018 – Territorial Bancorp had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $33.00 price target on the stock.
  • 1/13/2018 – Territorial Bancorp was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $35.00 price target on the stock. According to Zacks, “Territorial Bancorp, Inc. intends to operate as the bank holding company for Territorial Savings Bank, a federally chartered, FDIC-insured savings bank, which provides financial services to individuals, families, and businesses. Territorial Savings Bank accepts deposits; originates home equity loans and lines of credit, construction, commercial and other non-residential real estate loans, consumer loans, multi-family mortgage loans, and other loans; offers various deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts; engages in insurance agency activities; and provides various non-deposit investments, such as annuities and mutual funds through a third-party broker-dealer. Territorial Bancorp, Inc. is based in Honolulu, Hawaii with banking offices located throughout the State of Hawaii. “
  • 1/11/2018 – Territorial Bancorp was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/5/2018 – Territorial Bancorp was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Territorial Bancorp, Inc. intends to operate as the bank holding company for Territorial Savings Bank, a federally chartered, FDIC-insured savings bank, which provides financial services to individuals, families, and businesses. Territorial Savings Bank accepts deposits; originates home equity loans and lines of credit, construction, commercial and other non-residential real estate loans, consumer loans, multi-family mortgage loans, and other loans; offers various deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts; engages in insurance agency activities; and provides various non-deposit investments, such as annuities and mutual funds through a third-party broker-dealer. Territorial Bancorp, Inc. is based in Honolulu, Hawaii with banking offices located throughout the State of Hawaii. “

Shares of Territorial Bancorp Inc (TBNK) opened at $30.16 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.90 and a current ratio of 0.90. Territorial Bancorp Inc has a 12-month low of $28.12 and a 12-month high of $33.97. The firm has a market capitalization of $303.70, a PE ratio of 19.09 and a beta of 0.26.

Territorial Bancorp (NASDAQ:TBNK) last released its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.44 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.01). The firm had revenue of $15.76 million for the quarter, compared to analyst estimates of $15.90 million. Territorial Bancorp had a return on equity of 7.24% and a net margin of 20.73%. research analysts forecast that Territorial Bancorp Inc will post 2.2 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 22nd. Shareholders of record on Thursday, February 8th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.65%. The ex-dividend date is Wednesday, February 7th. Territorial Bancorp’s dividend payout ratio (DPR) is 50.63%.

In other Territorial Bancorp news, General Counsel Vernon Hirata sold 6,700 shares of Territorial Bancorp stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $30.54, for a total transaction of $204,618.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 13.10% of the company’s stock.

Territorial Bancorp Inc is the holding company for Territorial Savings Bank (the Bank). The Bank provides financial services to individuals, families and businesses through its banking offices located throughout the State of Hawaii. Its business consists primarily of accepting deposits from the general public and investing those deposits together with funds generated from operations and borrowings in one- to four-family residential mortgage loans and investment securities.

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