Territorial Bancorp (TBNK) Tops Q2 EPS by 2c

Go back to Territorial Bancorp (TBNK) Tops Q2 EPS by 2c

Territorial Bancorp Inc. Announces Second Quarter 2016 Results

July 29, 2016 4:30 PM EDT

Net income for the three months ended June 30, 2016 rose by 5.2% to $4.04 million from $3.84 million for the three months ended June 30, 2015.Fully diluted earnings per share for the three months ended June 30, 2016 rose by 4.8% to $0.43 compared to $0.41 per diluted share for the three months ended June 30, 2015.Interest income on loans for the three months ended June 30, 2016 rose to $12.65 million from $11.27 million for the three months ended June 30, 2015, an increase of 12.3%.Loans receivable grew by 5.9% to $1.259 billion at June 30, 2016, from $1.189 billion at December 31, 2015.The Board of Directors approved a quarterly cash dividend of... More