Territorial Bancorp Inc. operates as the holding company for Territorial Savings Bank that provides various financial services to individuals, families, and businesses in the State of Hawaii. The company offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also provides various loan products comprising one-to four-family residential mortgage; home equity; consumer; multi-family mortgage; commercial business; and construction, commercial, and other nonresidential real estate loans, as well as lines of credit and investment securities. In addition, the company engages in insurance agency activities. Further, it provides various non-deposit investments, including annuities and mutual funds through a third-party broker-dealer. The company operates through a network of 29 full-service branches located in the state of Hawaii. Territorial Bancorp Inc. was founded in 1921 and is based in Honolulu, Hawaii.
IPO Year: 2009
Exchange: NASDAQ
Website: territorialsavings.net
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/2/2022 | $27.00 → $24.00 | Neutral → Underweight | Piper Sandler |
SC 13G - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
SC 13G/A - Territorial Bancorp Inc. (0001447051) (Subject)
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.
Hope Bancorp, Inc. ("Hope Bancorp") (NASDAQ:HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. ("Territorial") (NASDAQ:TBNK), the stock holding company of Territorial Savings Bank, today jointly announced the signing of a definitive merger agreement, which is expected to create the largest regional bank catering to multi-ethnic customers across the continental United States and the Hawaiian Islands.As of December 31, 2023, Territorial had total assets of $2.24 billion, total loans of $1.31 billion and total deposits of $1.64 billion. Territorial Savings Bank, a state-chartered savings bank, originally chartered in 1921 by the Territory of Hawai‘i, conducts business from
By the end of today, February 23, 2024, SB Finl Gr (NASDAQ:SBFG) is set to deliver a dividend payout of $0.14 per share, equating to an annualized dividend yield of 3.59%. Shareholders who owned the stock prior to the ex-dividend date on February 08, 2024 will receive this payout. SB Finl Gr Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; } tr:nth-c
Today, February 15, 2024, Summit State Bank (NASDAQ:SSBI) will distribute a dividend payout of $0.12 per share, highlighting an annualized dividend yield of 4.03%. Shareholders who owned the stock before the ex-dividend date on February 07, 2024 will be eligible for this payout. Summit State Bank Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; } tr:
Piper Sandler downgraded Territorial Bancorp from Neutral to Underweight and set a new price target of $24.00 from $27.00 previously
4 - Territorial Bancorp Inc. (0001447051) (Issuer)
4 - Territorial Bancorp Inc. (0001447051) (Issuer)
4 - Territorial Bancorp Inc. (0001447051) (Issuer)
4 - Territorial Bancorp Inc. (0001447051) (Issuer)
4 - Territorial Bancorp Inc. (0001447051) (Issuer)
4 - Territorial Bancorp Inc. (0001447051) (Issuer)
4 - Territorial Bancorp Inc. (0001447051) (Issuer)
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)
11-K - Territorial Bancorp Inc. (0001447051) (Filer)
NT 11-K - Territorial Bancorp Inc. (0001447051) (Filer)
8-K - Territorial Bancorp Inc. (0001447051) (Filer)
8-K - Territorial Bancorp Inc. (0001447051) (Filer)
10-Q - Territorial Bancorp Inc. (0001447051) (Filer)
8-K - Territorial Bancorp Inc. (0001447051) (Filer)
425 - Territorial Bancorp Inc. (0001447051) (Subject)
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
HONOLULU, May 13, 2021 (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 2021 Annual Meeting of Stockholders held on May 13, 2021. 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, 2021 and approved the Company's compensation of named executive officers on an advisory basis. Territorial Savings Bank is a stat
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
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 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
The Company's tier one leverage and risk-based capital ratios were 11.58% and 28.84%, respectively, and the Company is considered to be "well-capitalized" at March 31, 2024.Ratio of non-performing assets to total assets of 0.10% at March 31, 2024.Strong liquidity position with $90 million in cash balances and access to liquidity totaling $901.70 million as of March 31, 2024. HONOLULU, Hawaii, May 03, 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 $482,000, or $(0.06) per diluted share, for the three months ended March 31, 2024. Hope Banc
Hope Bancorp, Inc. ("Company") (NASDAQ:HOPE), the holding company of Bank of Hope ("Bank"), today reported unaudited financial results for its first quarter ended March 31, 2024. For the three months ended March 31, 2024, net income totaled $25.9 million, or $0.21 per diluted common share. This compares with net income of $26.5 million, or $0.22 per diluted common share, in the fourth quarter of 2023. "We are pleased with the progress we are making in our strategic transformation, realigning our structure around lines of business and products," stated Kevin S. Kim, Chairman, President and Chief Executive Officer. "All our business lines exceeded their deposit goals for the first quarter o
Hope Bancorp, Inc. ("Hope Bancorp") (NASDAQ:HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. ("Territorial") (NASDAQ:TBNK), the stock holding company of Territorial Savings Bank, today jointly announced the signing of a definitive merger agreement, which is expected to create the largest regional bank catering to multi-ethnic customers across the continental United States and the Hawaiian Islands. As of December 31, 2023, Territorial had total assets of $2.24 billion, total loans of $1.31 billion and total deposits of $1.64 billion. Territorial Savings Bank, a state-chartered savings bank, originally chartered in 1921 by the Territory of Hawai‘i, conducts business
HONOLULU, Jan. 26, 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 $0.05 per share. The dividend is expected to be paid on February 23, 2024 to stockholders of record as of February 9, 2024. "The uncertain interest rate environment continues to be a challenge for the banking industry. The higher levels of interest rates will keep pressure on loan growth and deposit retention, which have an impact on our net interest margin. While interest rates may decrease in the future, we believe
The Company's tier one leverage and risk-based capital ratios were 11.69% and 28.89%, respectively, and the Company is considered to be "well-capitalized" at December 31, 2023.Solid asset quality with the ratio of non-performing assets to total assets of 0.10% as of December 31, 2023.Strong liquidity position with $126.66 million in cash balances and access to liquidity totaling $937.38 million as of December 31, 2023.The Board of Directors approved a quarterly cash dividend of $0.05 per share, representing Territorial Bancorp Inc.'s 57th consecutive quarterly dividend. HONOLULU, Hawaii, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ:TBNK) (the "Company")
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
The Company's tier one leverage and risk-based capital ratios were 11.58% and 28.84%, respectively, and the Company is considered to be "well-capitalized" at March 31, 2024.Ratio of non-performing assets to total assets of 0.10% at March 31, 2024.Strong liquidity position with $90 million in cash balances and access to liquidity totaling $901.70 million as of March 31, 2024. HONOLULU, Hawaii, May 03, 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 $482,000, or $(0.06) per diluted share, for the three months ended March 31, 2024. Hope Banc
Hope Bancorp, Inc. ("Company") (NASDAQ:HOPE), the holding company of Bank of Hope ("Bank"), today reported unaudited financial results for its first quarter ended March 31, 2024. For the three months ended March 31, 2024, net income totaled $25.9 million, or $0.21 per diluted common share. This compares with net income of $26.5 million, or $0.22 per diluted common share, in the fourth quarter of 2023. "We are pleased with the progress we are making in our strategic transformation, realigning our structure around lines of business and products," stated Kevin S. Kim, Chairman, President and Chief Executive Officer. "All our business lines exceeded their deposit goals for the first quarter o
Hope Bancorp, Inc. ("Hope Bancorp") (NASDAQ:HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. ("Territorial") (NASDAQ:TBNK), the stock holding company of Territorial Savings Bank, today jointly announced the signing of a definitive merger agreement, which is expected to create the largest regional bank catering to multi-ethnic customers across the continental United States and the Hawaiian Islands. As of December 31, 2023, Territorial had total assets of $2.24 billion, total loans of $1.31 billion and total deposits of $1.64 billion. Territorial Savings Bank, a state-chartered savings bank, originally chartered in 1921 by the Territory of Hawai‘i, conducts business
HONOLULU, Jan. 26, 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 $0.05 per share. The dividend is expected to be paid on February 23, 2024 to stockholders of record as of February 9, 2024. "The uncertain interest rate environment continues to be a challenge for the banking industry. The higher levels of interest rates will keep pressure on loan growth and deposit retention, which have an impact on our net interest margin. While interest rates may decrease in the future, we believe
The Company's tier one leverage and risk-based capital ratios were 11.69% and 28.89%, respectively, and the Company is considered to be "well-capitalized" at December 31, 2023.Solid asset quality with the ratio of non-performing assets to total assets of 0.10% as of December 31, 2023.Strong liquidity position with $126.66 million in cash balances and access to liquidity totaling $937.38 million as of December 31, 2023.The Board of Directors approved a quarterly cash dividend of $0.05 per share, representing Territorial Bancorp Inc.'s 57th consecutive quarterly dividend. HONOLULU, Hawaii, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ:TBNK) (the "Company")
HONOLULU, Hawaii, Oct. 27, 2023 (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 $0.05 per share. The dividend is expected to be paid on November 24, 2023 to stockholders of record as of November 9, 2023. "Today's interest rate environment continues to be challenging to the banking industry. The steep increases in interest rates have resulted in higher mortgage rates, which caused many potential homebuyers to hesitate before buying a home. These developments have led to lower loan volumes and highe
HONOLULU, July 28, 2023 (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 $0.23 per share. The dividend is expected to be paid on August 25, 2023 to stockholders of record as of August 11, 2023. "Our financial results continue to be impacted by the record pace and level of increases in short-term interest rates over the last 15 months," said Allan Kitagawa, Chairman and Chief Executive Officer. "The efforts by the Federal Reserve to rein in inflation by increasing short-term interest rates over the