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

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

July 21, 2017 7:30 AM EDT

PHILADELPHIA, July 21, 2017 (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 six months ended June 30, 2017.  Beneficial recorded net income of $9.5 million and $17.8 million, or $0.13 and $0.24 per diluted share, for the three and six months ended June 30, 2017, respectively, compared to net income of $2.7 million and $7.8 million, or $0.04 and $0.10 per diluted share, for the three and six months ended June 30, 2016.  Net income for the three and six months ended June 30, 2016 included $8.6 million and $9.5 million, respectively, of merger and... More