Beneficial Mutual Bancorp (BNCL) Declares $0.06 Quarterly Dividend; 1.6% Yield

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Beneficial Bancorp, Inc. Announces Third Quarter Results and Cash Dividend to Shareholders

October 21, 2016 7:30 AM EDT

PHILADELPHIA, Oct. 21, 2016 (GLOBE NEWSWIRE) -- Beneficial Bancorp, Inc. (Beneficial) (NASDAQ: BNCL), the parent company of Beneficial Bank (the Bank), today announced its financial results for the three and nine months ended September 30, 2016.  Beneficial recorded net income of $10.1 million and $17.8 million, or $0.14 and $0.24 per diluted share, for the three and nine months ended September 30, 2016, respectively, compared to net income of $5.8 million and $18.1 million, or $0.07 and $0.23 per diluted share, for the three and nine months ended September 30, 2015.  Net income for nine months ended September 30, 2016 included $8.8 million of merger and restructuring charges related to the... More

Beneficial Bancorp, Inc. Announces Third Quarter Results and Cash Dividend to Shareholders

October 21, 2016 7:30 AM EDT

PHILADELPHIA, Oct. 21, 2016 (GLOBE NEWSWIRE) -- Beneficial Bancorp, Inc. (Beneficial) (NASDAQ: BNCL), the parent company of Beneficial Bank (the Bank), today announced its financial results for the three and nine months ended September 30, 2016.  Beneficial recorded net income of $10.1 million and $17.8 million, or $0.14 and $0.24 per diluted share, for the three and nine months ended September 30, 2016, respectively, compared to net income of $5.8 million and $18.1 million, or $0.07 and $0.23 per diluted share, for the three and nine months ended September 30, 2015.  Net income for nine months ended September 30, 2016 included $8.8 million of merger and restructuring charges related to the... More