Beneficial Mutual Bancorp (BNCL) Reports Q1 EPS of $0.07
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Beneficial Bancorp, Inc. Announces First Quarter Results
April 23, 2015 7:30 AM EDTPHILADELPHIA, April 23, 2015 (GLOBE NEWSWIRE) -- Beneficial Bancorp, Inc. ("Beneficial") (Nasdaq: BNCL), the parent company of Beneficial Bank (the "Bank"), today announced net income of $5.3 million, or $0.07 per diluted share, for the quarter ended March 31, 2015, compared to net income of $2.5 million, or $0.03 per diluted share, for the quarter ended March 31, 2014.
Highlights for the quarter ended March 31, 2015 are as follows:
As previously announced on January 12, 2015, Beneficial completed the stock offering conducted in connection with its second-step conversion. In connection with the conversion, 50,383,817 shares of common stock were sold, at a price of $10.00 per share, for... More