Beneficial Mutual Bancorp (BNCL) Declares $0.06 Quarterly Dividend; 1.5% Yield
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Beneficial Bancorp, Inc. Announces Quarter and Year End Results and Cash Dividend to Shareholders
February 1, 2018 7:30 AM ESTPHILADELPHIA, Feb. 01, 2018 (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, 2017. Beneficial recorded a net loss of $3.3 million and net income of $23.9 million, or ($0.05) and $0.32 per diluted share, for the quarter and year ended December 31, 2017, respectively, compared to 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.  Net income for the quarter and year ended December 31, 2017 included a one- time $13.1 million charge, or $0.18 per diluted share, of... More
