Beneficial Mutual Bancorp (BNCL) Declares $0.06 Quarterly Dividend; 1.4% Yield

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

October 20, 2017 7:30 AM EDT

PHILADELPHIA, Oct. 20, 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 nine months ended September 30, 2017.  Beneficial recorded net income of $9.4 million and $27.3 million, or $0.13 and $0.37 per diluted share, for the three and nine months ended September 30, 2017, respectively, compared to 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.  Net income for the three months ended September 30, 2016 included a $1.8 million investment gain from the sale of... More