Territorial Bancorp (TBNK) Declares $0.17 Quarterly Dividend; 2.4% Yield

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Territorial Bancorp Inc. Declares Dividend

October 29, 2015 4:40 PM EDT

HONOLULU, Oct. 29, 2015 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors approved a quarterly cash dividend of $0.17 per share. The dividend is expected to be paid on November 27, 2015 to stockholders of record as of November 12, 2015.

Allan Kitagawa, Chairman and Chief Executive Officer, said, Our loan portfolio grew by 20.1% during the first nine months of 2015.  The growth in our loan portfolio allowed our net interest income to increase by 6.7% for the three months ended September 30, 2015... More

Territorial Bancorp Inc. Declares Dividend

October 29, 2015 4:40 PM EDT

HONOLULU, Oct. 29, 2015 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors approved a quarterly cash dividend of $0.17 per share. The dividend is expected to be paid on November 27, 2015 to stockholders of record as of November 12, 2015.

Allan Kitagawa, Chairman and Chief Executive Officer, said, Our loan portfolio grew by 20.1% during the first nine months of 2015.  The growth in our loan portfolio allowed our net interest income to increase by 6.7% for the three months ended September 30, 2015... More

Territorial Bancorp Inc. Announces Third Quarter 2015 Results

October 29, 2015 4:31 PM EDT

Earnings per share for the three months ended September 30, 2015 rose to $0.40 per diluted share compared to $0.37 per diluted share for the three months ended September 30, 2014.Net income for the three months ended September 30, 2015 was $3.69 million compared to $3.46 million for the three months ended September 30, 2014, an increase of 6.5%.Net interest income for the three months ended September 30, 2015 was $14.34 million, compared to $13.44 million for the three months ended September 30, 2014, an increase of 6.7%.New loan originations for the nine months ended September 30, 2015 totaled $364.01 million and $168.56 million for the first nine months of 2014, an increase of 116.0%.Loans... More