Beneficial Mutual Bancorp (BNCL) Declares $0.06 Quarterly Dividend; 1.5% Yield

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

October 19, 2018 7:30 AM EDT

PHILADELPHIA, Oct. 19, 2018 (GLOBE NEWSWIRE) -- Beneficial Bancorp, Inc. (Beneficial) (NASDAQ GS: BNCL), the parent company of Beneficial Bank (the Bank), today announced its financial results for the three and nine months ended September 30, 2018.  Beneficial recorded net income of $12.4 million and $34.1 million, or $0.17 and $0.47 per diluted share, for the three and nine months ended September 30, 2018, respectively, compared to 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.  Net income for the three and nine months ended September 30, 2018 includes $2.3 million of professional fees associated with... More