Territorial Bancorp Inc. (NASDAQ:TBNK – Get Free Report) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 11,800 shares, a growth of 47.5% from the February 13th total of 8,000 shares. Based on an average trading volume of 14,400 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the shares of the stock are short sold.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of Territorial Bancorp in a research report on Wednesday, March 12th. They set a “hold” rating on the stock.
Get Our Latest Report on Territorial Bancorp
Institutional Inflows and Outflows
Territorial Bancorp Stock Up 1.3 %
Shares of NASDAQ TBNK opened at $8.36 on Monday. Territorial Bancorp has a one year low of $6.92 and a one year high of $11.44. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.84 and a quick ratio of 0.84. The firm’s 50 day simple moving average is $8.75 and its two-hundred day simple moving average is $9.78. The stock has a market capitalization of $73.84 million, a P/E ratio of -16.72 and a beta of 0.59.
Territorial Bancorp (NASDAQ:TBNK – Get Free Report) last issued its earnings results on Friday, January 31st. The financial services provider reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.18). Territorial Bancorp had a negative return on equity of 1.72% and a negative net margin of 5.74%.
Territorial Bancorp Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend was Friday, February 14th. Territorial Bancorp’s dividend payout ratio is -8.00%.
About Territorial Bancorp
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.
Featured Articles
- Five stocks we like better than Territorial Bancorp
- Which Wall Street Analysts are the Most Accurate?
- Meta Platforms: Can LLaMA Drive Long-Term Stock Growth?
- Russell 2000 Index, How Investors Use it For Profitable Trading
- 3 Unique and Dominant Consumer Staples ETF Plays
- Options Trading – Understanding Strike Price
- 3 Dividend Stocks Offering Higher Yields and Bullish Forecasts
Receive News & Ratings for Territorial Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Territorial Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.