Territorial Bancorp (TBNK) Declares $0.15 Quarterly Dividend; 3% Yield
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Territorial Bancorp Inc. Declares Dividend
July 31, 2014 4:40 PM EDTHONOLULU, July 31, 2014 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (Nasdaq: TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has approved a quarterly cash dividend on its common stock of $0.15 per share. The dividend is expected to be paid on August 28, 2014 to stockholders of record as of August 14, 2014.Â
Allan Kitagawa, Chairman and Chief Executive Officer, said, "During the quarter the Bank's loan portfolio has grown to $903.0 million, a $46.5 million or 5.4% increase compared to December 31, 2013. The increase in the size of our... More
Territorial Bancorp Inc. Announces Second Quarter 2014 Results
July 31, 2014 4:30 PM EDTNet income for the second quarter of 2014 increased by 1.6% compared to June 2013 Diluted earnings per share of $0.40 for the three months ended June 30, 2014, compared to $0.36 for the three months ended June 30, 2013. Net interest income for the three months ended June 30, 2014 was $13.4 million, compared to $12.2 million for the three months ended June 30, 2013, an increase of 9.8%. Net interest margin has increased to 3.39% for the three months ended June 30, 2014 compared to 3.23% for the three months ended June 30, 2013. Board of Directors declared a quarterly cash dividend of $0.15 per share. This is Territorial Bancorp Inc.'s 18th consecutive... More
