Beneficial Mutual Bancorp (BNCL) Declares $0.06 Quarterly Dividend; 1.3% Yield
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Beneficial Bancorp, Inc. Announces Quarter and Year Ended Results and Cash Dividend to Shareholders
February 1, 2017 7:30 AM ESTPHILADELPHIA, Feb. 01, 2017 (GLOBE NEWSWIRE) -- Beneficial Bancorp, Inc. (Beneficial) (NASDAQ: BNCL), the parent company of Beneficial Bank (the Bank), today announced its financial results for the quarter and year ended December 31, 2016. Beneficial recorded net income of $7.6 million and $25.5 million, or $0.10 and $0.34 per diluted share, for the quarter and year ended December 31, 2016, respectively, compared to net income of $4.8 million and $22.9 million, or $0.06 and $0.29 per diluted share, for the quarter and year ended December 31, 2015, respectively.  Net income for the year ended December 31, 2016 included $8.8 million of merger and restructuring charges related to the acquisition of Conestoga... More
