Territorial Bancorp (NASDAQ:TBNK) Reports Quarterly Earnings Results

Territorial Bancorp (NASDAQ:TBNK) released its quarterly earnings information on Friday. The financial services provider reported earnings per share (EPS) of ($0.20) for the quarter, which fell short of analysts' expectations of ($0.02) by a margin of ($0.18), according to Zacks. The company also recorded a negative net margin of 3.01% and a return on equity of -0.90%.

Stock Performance of Territorial Bancorp

On the same day, shares of Territorial Bancorp increased by 0.2%, reaching a trading price of $9.03. The trading volume was 31,438 shares, surpassing the average volume of 20,330. The company has a debt-to-equity ratio of 0.71, with both its quick ratio and current ratio at 0.84. Over the past year, the stock has seen a low of $6.92 and a high of $11.44. Currently, the firm's fifty-day moving average is $9.85, while the 200-day moving average stands at $9.97. Territorial Bancorp's market capitalization is approximately $79.73 million, with a price-to-earnings ratio of -34.73 and a beta value of 0.62.

Analyst Ratings for Territorial Bancorp

In related news, StockNews.com initiated coverage on Territorial Bancorp on Friday with a rating of "hold" for the stock.

Overview of Territorial Bancorp

Territorial Bancorp Inc serves as the holding company for Territorial Savings Bank, which provides a wide range of financial services to individuals, families, and businesses primarily in Hawaii. The company offers various deposit products, including savings accounts, money market accounts, checking accounts, and certificates of deposit.

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This news has been generated to give readers fast and accurate updates regarding Territorial Bancorp. All information was reviewed prior to publication.

Should You Invest in Territorial Bancorp?

Before investing in Territorial Bancorp, consider the insights from top analysts who have highlighted other stocks that show better potential for investment growth. Territorial Bancorp currently holds a "hold" rating, but several better-performing stocks are recommended for your investment portfolio.

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