Date | Price Target | Rating | Analyst |
---|---|---|---|
5/2/2022 | $27.00 → $24.00 | Neutral → Underweight | Piper Sandler |
Territorial Shareholders Would Receive $12.00 Per Share in Cash, a 29% Premium1 Strong Capital Support from Veteran Bank Funds Exceeds Required Capital Territorial Would Remain a Hawaii Institution Under Local Hawaii Leadership HONOLULU, Sept. 17, 2024 /PRNewswire/ -- Blue Hill Advisors LLC and other leading bank investors today reiterated their commitment to a $12.00 per share cash offer for Territorial Bancorp Inc. ("Territorial" or the "Company") (NASDAQ:TBNK) which also allows for up to 30% of existing holders to continue as shareholders and participate in the bank's recovery under new leadership. The proposal, which was delivered on August 26, 2024 by former Hawaii banking executive All
Hope Bancorp, Inc. (the "Company") (NASDAQ:HOPE), the holding company of Bank of Hope (the "Bank"), today reported unaudited financial results for its second quarter and six months ended June 30, 2024. For the three months ended June 30, 2024, net income totaled $25.3 million, or $0.21 per diluted common share. This compares with net income of $25.9 million, or $0.21 per diluted common share, in the first quarter of 2024. Excluding notable items(1), net income for the 2024 second quarter was $26.6 million, or $0.22 per diluted common share. "During the 2024 second quarter, our net interest margin expanded, our operating expenses decreased, and our return on assets improved, compared with
The Company's tier one leverage and risk-based capital ratios were 11.62% and 28.98%, respectively, and the Company is considered to be "well-capitalized" at June 30, 2024.Ratio of non-performing assets to total assets of 0.06% at June 30, 2024.Strong liquidity position with $83 million in cash balances and access to liquidity totaling $951 million as of June 30, 2024. HONOLULU, Hawaii, July 26, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ:TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announced a net loss of $775,000, or $(0.09) per diluted share, for the three months ended June 30, 2024. The Board of Director
Piper Sandler downgraded Territorial Bancorp from Neutral to Underweight and set a new price target of $24.00 from $27.00 previously
Keefe, Bruyette & Woods analyst Kelly Motta maintains Territorial Bancorp (NASDAQ:TBNK) with a Market Perform and lowers the price target from $10 to $9.66.
Piper Sandler analyst Andrew Liesch upgrades Territorial Bancorp (NASDAQ:TBNK) from Underweight to Neutral and raises the price target from $8 to $8.5.
Territorial Bancorp (NASDAQ:TBNK) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $0.02 by 400 percent. This is a 123.08 percent decrease over earnings of $0.26 per share from the same period last year.
4 - Territorial Bancorp Inc. (0001447051) (Issuer)
4 - Territorial Bancorp Inc. (0001447051) (Issuer)
4 - Territorial Bancorp Inc. (0001447051) (Issuer)
DEFA14A - Territorial Bancorp Inc. (0001447051) (Filer)
10-Q - Territorial Bancorp Inc. (0001447051) (Filer)
8-K - Territorial Bancorp Inc. (0001447051) (Filer)
SC 13G - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
Hope Bancorp, Inc. (the "Company") (NASDAQ:HOPE), the holding company of Bank of Hope (the "Bank"), today reported unaudited financial results for its second quarter and six months ended June 30, 2024. For the three months ended June 30, 2024, net income totaled $25.3 million, or $0.21 per diluted common share. This compares with net income of $25.9 million, or $0.21 per diluted common share, in the first quarter of 2024. Excluding notable items(1), net income for the 2024 second quarter was $26.6 million, or $0.22 per diluted common share. "During the 2024 second quarter, our net interest margin expanded, our operating expenses decreased, and our return on assets improved, compared with
The Company's tier one leverage and risk-based capital ratios were 11.62% and 28.98%, respectively, and the Company is considered to be "well-capitalized" at June 30, 2024.Ratio of non-performing assets to total assets of 0.06% at June 30, 2024.Strong liquidity position with $83 million in cash balances and access to liquidity totaling $951 million as of June 30, 2024. HONOLULU, Hawaii, July 26, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ:TBNK) (the Company), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announced a net loss of $775,000, or $(0.09) per diluted share, for the three months ended June 30, 2024. The Board of Director
HONOLULU, May 13, 2024 (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 approved a quarterly cash dividend of $0.01 per share. The dividend is expected to be paid on June 10, 2024 to stockholders of record as of May 28, 2024. Forward-looking statements - This press release contains forward-looking statements, which can be identified by the use of words such as "estimate," "project," "believe," "intend," "anticipate," "plan," "seek," "expect," "will," "may" and words of similar meaning. These forward-looking statements include, but a
HONOLULU, Hawaii, May 16, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (NASDAQ:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces the results of its 2024 Annual Meeting of Stockholders held on May 16, 2024. Two members of the Board of Directors, Allan S. Kitagawa and John M. Ohama were each elected to serve for a three-year term. Stockholders also ratified the appointment of Moss Adams LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2024, and approved the Company's compensation of named executive officers on an advisory basis. Territorial Savings Bank i
HONOLULU, May 18, 2023 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (NASDAQ:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces the results of its 2023 Annual Meeting of Stockholders held on May 18, 2023. Two members of the Board of Directors, Howard Y. Ikeda and Jan M. Sam were each elected to serve for a three-year term. Stockholders also ratified the appointment of Moss Adams LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2023, approved the Company's compensation of named executive officers on an advisory basis and recommended an annual vote on executive c
HONOLULU, May 19, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (NASDAQ:TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces the results of its 2022 Annual Meeting of Stockholders held on May 19, 2022. Three members of the Board of Directors, Kirk W. Caldwell, Francis E. Tanaka and Jennifer Isobe, were each elected to serve for a three-year term. Stockholders also ratified the appointment of Moss Adams LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2022 and approved the Company's compensation of named executive officers on an advisory basis. Territorial S