Territorial Bancorp (TBNK) Misses Q1 EPS by 4c

Go back to Territorial Bancorp (TBNK) Misses Q1 EPS by 4c

Territorial Bancorp Inc. Announces First Quarter 2023 Results

April 27, 2023 4:30 PM EDT

Net income for the three months ended March 31, 2023 was $2.32 million compared to $3.45 million for the quarter ending December 31, 2022 and $4.71 million for the three months ended March 31, 2022, which included $1.03 million of non-taxable proceeds on bank-owned life insurance.At March 31, 2023, the Companys tier one leverage ratio and risked-based capital ratios were 11.93% and 29.36%, respectively, and the Company is considered to be well-capitalized.The Board of Directors approved a quarterly cash dividend of $0.23 per share, representing Territorial Bancorp Inc.s 54th consecutive quarterly dividend.

HONOLULU, April 27, 2023 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ:... More