Territorial Bancorp Inc. (TBNK)
| Market Cap | 92.42M |
| Revenue (ttm) | 36.20M |
| Net Income (ttm) | -2.29M |
| Shares Out | 8.61M |
| EPS (ttm) | -0.27 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.04 (0.37%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 9,661 |
| Open | 10.47 |
| Previous Close | 10.58 |
| Day's Range | 10.47 - 10.74 |
| 52-Week Range | 6.92 - 11.64 |
| Beta | 0.61 |
| Analysts | Hold |
| Price Target | 9.89 (-7.91%) |
| Earnings Date | Oct 28, 2024 |
About TBNK
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. It also provides various loan products, such as one-to four-family residential mortgage loans; home equity loans; consumer loans; and multi-fa... [Read more]
Financial Performance
In 2023, Territorial Bancorp's revenue was $45.11 million, a decrease of -25.16% compared to the previous year's $60.27 million. Earnings were $4.98 million, a decrease of -68.99%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for TBNK stock is "Hold." The 12-month stock price forecast is $9.89, which is a decrease of -7.91% from the latest price.
News
Territorial Bancorp Shareholders Approve Hope Bancorp Merger
HONOLULU, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (“Territorial” or the “Company”) announced that its shareholders voted to approve the Company's proposed merger with...
Blue Hill Advisors to Territorial Shareholders: No Risk to Territorial if Board Engages with Us
Hope Cannot Walk Away if Board Allows Investors to Perform Due Diligence Hope Can Only Walk Away if Board Changes Recommendation or Breaches Merger Agreement Calls on Board to Exercise Risk-Free Opti...
Territorial Bancorp Inc. Announces Third Quarter 2024 Results
HONOLULU, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, reported a...
Investors Behind Territorial Proposal Advance Offer with Detailed Disclosure to Board
Confidentially Provide Information Detailing Financial Wherewithal, Regulatory Experience and Oversubscribed Investor Interest Reduce Minimum Tender Requirement from 70% to 51% Call on Board to Recogn...
Leading Independent Proxy Advisory Firm Glass Lewis Joins ISS in Recommending that Territorial Shareholders Vote “FOR” Merger with Hope Bancorp
Glass Lewis Recognizes the Value Creation and Additional Upside that the Hope Bancorp Merger Provides to Territorial Shareholders
Yakira Capital Refutes Territorial Bancorp's Board of Directors' Public Concerns Related to Acquisition Offer from Blue Hill Advisors
Board of Directors Continues its Refusal to Consider a Superior Offer from Blue Hill Advisors, Potentially Breaching their Fiduciary Duty WESTPORT, Conn. , Oct. 24, 2024 /PRNewswire/ -- Yakira Capital...
Leading Independent Proxy Advisory Firm ISS Issues New Recommendation in Support of Territorial/Hope Bancorp Combination
ISS Recommends Territorial Shareholders Vote “FOR” Hope Bancorp Transaction ISS Recognizes Value Creation Upside of the Hope Bancorp Merger and Risks and Uncertainty Associated with Blue Hill's Prelim...
Blue Hill Advisors and Investors Reaffirm Commitment to Territorial Transaction; Will Stand by Offer if Hope Deal Terminates
Reiterate Desire to Engage Directly with the Board, Not in a Public Fight Commit to Completing Transaction on the Same Proposed Terms if Sale to Hope Terminates Urge Territorial Shareholders to Vote A...
Territorial Bancorp Says Blue Hill Has Provided No Basis to Deem Its Preliminary Indication of Interest Superior
No Proof of Committed Financing and/or Information to Validate Its Claims that a Transaction Could Receive Regulatory Approval and Be Completed
Blue Hill Doubles Down on Cloak of Secrecy and Unanswered Questions
Blue Hill's Inability to Address Questions About How It Would Pay for or Complete an Acquisition Further Adds to Uncertainty, Risk and Doubt About Its Preliminary Indication of Interest
Blue Hill Advisors and Investors Reiterate Superior Proposal for Territorial Bancorp and Refute Territorial's Assertions
Reaffirm Commitment to Superior $12.50 Per Share Cash Offer for Territorial Correct the Record on Board's Misleading Claims About the Hope Merger and Investor Proposal Call on Shareholders to Remain O...
Territorial Bancorp Urges Shareholders to Vote FOR Hope Bancorp Merger
Compelling Combination with Hope Bancorp Creates Substantial Value for All Territorial Shareholders and Significant Benefits for Hawai‘i and Territorial Customers, Employees and Communities
Territorial Bancorp Postpones Special Meeting of Stockholders
Postponement Provides Additional Time for Territorial Board and Management to Engage with Territorial Stockholders Regarding Hope Bancorp Merger Postponement Provides Additional Time for Territorial B...
Blue Hill Advisors Announces ISS Recommendation AGAINST Territorial Bancorp Merger with Hope Bancorp
Concludes that Proposed Merger with Hope "Does Not Appear to Maximize Value for Shareholders" Competing Offer "Appears Sufficiently Credible to Mitigate the Downside Risk of Rejecting the Proposed Mer...
Territorial Bancorp Board Reaffirms Its Commitment to Proposed Merger with Hope Bancorp
Again Rejects Blue Hill Proposal as Remaining Highly Uncertain, Inferior to Hope Merger Agreement and Unlikely to Benefit Territorial Shareholders Again Rejects Blue Hill Proposal as Remaining Highly ...
Blue Hill Advisors Announces Increased Cash Offer for Territorial Bancorp
Raises Cash Offer from $12.00 to $12.50, a 27% Premium to the Value of the Hope Takeover Releases Presentation: "A Better Deal for Territorial" Launches www.NewTerritorial.com to Keep Stakeholders Inf...
Territorial Bancorp Reaffirms Its Board's Commitment to Proposed Merger with Hope Bancorp
Rejects Blue Hill Proposal as Highly Uncertain, Inferior to Hope Merger Agreement and Unlikely to Benefit Territorial Shareholders Rejects Blue Hill Proposal as Highly Uncertain, Inferior to Hope Merg...
Blue Hill Advisors and Other Leading Bank Investors Reiterate Commitment to Superior Cash Offer for Territorial Bancorp
Territorial Shareholders Would Receive $12.00 Per Share in Cash, a 29% Premium1 Strong Capital Support from Veteran Bank Funds Exceeds Required Capital Territorial Would Remain a Hawaii Institution Un...
TERRITORIAL BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Territorial Bancorp Inc. - TBNK
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Territorial Banc...
Territorial Bancorp Inc. Announces Second Quarter 2024 Results
HONOLULU, Hawaii, July 26, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, an...
Territorial Bancorp Inc. Announces Results of Annual Meeting
HONOLULU, Hawaii, May 16, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, ...
Territorial Bancorp Inc. Declares Dividend
HONOLULU, May 13, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announce...
Territorial Bancorp Inc. Announces First Quarter 2024 Results
HONOLULU, Hawaii, May 03, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, a...
Hope Bancorp and Territorial Bancorp Announce Definitive Merger Agreement
LOS ANGELES & HONOLULU--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. (“Territorial”) (NASDAQ: TBNK), the stock...
Territorial Bancorp Inc. Announces Fourth Quarter 2023 Results
HONOLULU, Hawaii, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, ...