View Future GrowthThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsTerritorial Bancorp 과거 순이익 실적과거 기준 점검 0/6Territorial Bancorp 의 수입은 연평균 -34.8%의 비율로 감소해 온 반면, Banks 산업은 연평균 2.8%의 비율로 증가했습니다. 매출은 연평균 10.3%의 비율로 감소해 왔습니다.핵심 정보-34.83%순이익 성장률-34.07%주당순이익(EPS) 성장률Banks 산업 성장률11.18%매출 성장률-10.33%자기자본이익률-1.73%순이익률-11.81%최근 순이익 업데이트31 Dec 2024최근 과거 실적 업데이트Reported Earnings • Feb 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: US$0.50 loss per share (down from US$0.58 profit in FY 2023). Revenue: US$36.4m (down 19% from FY 2023). Net loss: US$4.30m (down 186% from profit in FY 2023). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 28Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: US$0.09 loss per share (down from US$0.17 profit in 2Q 2023). Revenue: US$9.52m (down 18% from 2Q 2023). Net loss: US$775.0k (down 152% from profit in 2Q 2023). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 19Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$0.58 (down from US$1.81 in FY 2022). Revenue: US$45.1m (down 25% from FY 2022). Net income: US$4.98m (down 69% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.02% (down from 2.69% in FY 2022). Cost-to-income ratio: 84.8% (up from 65.0% in FY 2022). Non-performing loans: 0.17% (down from 0.18% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.Reported Earnings • Jan 28Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$0.58 (down from US$1.81 in FY 2022). Revenue: US$45.3m (down 25% from FY 2022). Net income: US$5.03m (down 69% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 23% per year.Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$0.10 (down from US$0.44 in 3Q 2022). Revenue: US$10.9m (down 28% from 3Q 2022). Net income: US$880.0k (down 77% from 3Q 2022). Profit margin: 8.1% (down from 26% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is expected to decline by 7.8% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.Reported Earnings • Jul 30Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: US$0.17 (down from US$0.46 in 2Q 2022). Revenue: US$11.6m (down 24% from 2Q 2022). Net income: US$1.50m (down 63% from 2Q 2022). Profit margin: 13% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is expected to decline by 7.6% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 14% per year.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • Mar 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to US$8.19. The fair value is estimated to be US$10.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 3.0% in a year. Earnings are forecast to grow by 100% in the next year.Buy Or Sell Opportunity • Feb 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to US$8.19. The fair value is estimated to be US$10.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 3.0% in a year. Earnings are forecast to grow by 100% in the next year.Declared Dividend • Feb 05Fourth quarter dividend of US$0.01 announcedShareholders will receive a dividend of US$0.01. Ex-date: 14th February 2025 Payment date: 28th February 2025 Dividend yield will be 0.4%, which is lower than the industry average of 3.2%.Reported Earnings • Feb 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: US$0.50 loss per share (down from US$0.58 profit in FY 2023). Revenue: US$36.4m (down 19% from FY 2023). Net loss: US$4.30m (down 186% from profit in FY 2023). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.공시 • Feb 01Territorial Bancorp Inc. Approves a Dividend, Payable on February 28, 2025The Board of Directors of Territorial Bancorp Inc. approved a dividend of $0.01 per share. The dividend is expected to be paid on February 28, 2025, to stockholders of record as of February 14, 2025.공시 • Oct 29Territorial Bancorp Inc. Approves a Dividend, Payable on November 22, 2024Territorial Bancorp Inc. announced that its Board of Directors approved a dividend of $0.01 per share. The dividend is expected to be paid on November 22, 2024, to stockholders of record as of November 8, 2024.공시 • Oct 26Blue Hill Advisors Advance Offer with Detailed Disclosure to Board of Territorial Bancorp IncOn October 25, 2024, a group of seasoned bank investors, led by Jason Blumberg of Blue Hill Advisors, disclosed new financial qualifications in an addendum to the Board of Directors of Territorial Bancorp Inc. Initially submitting their acquisition proposal on August 26, the investors enhanced their offer's credibility by lowering the minimum tender requirement from 70% to 51%. With a collective management of $3.4 billion, they expressed strong commitment to purchasing Territorial shares at $12.50 each, surpassing the amount necessary for full tender. The investors criticized the Board for failing to justify its merger with Hope, urging shareholders to oppose the sale at the upcoming special meeting on November 6, 2024. They emphasized their offer's 25% premium over Hope's valuation and accused the Board of obstructing negotiations by demanding fully baked terms without due diligence. The investors argued that the merger agreement with Hope allows for contingencies and called on the Board to recognize their proposal as a superior alternative, asserting that until the Board acknowledges this potential, shareholders have little choice but to oppose the Hope merger.공시 • Oct 25Yakira Capital Management Provides Information to Shareholders of Territorial BancorpOn October 24, 2024, Yakira Capital Management Inc announced that, it has issued a response regarding the Territorial Bancorp Inc board director’s rejection to consider a superior acquisition offer from the Blue Hill Advisors consortium, in favor of a merger with Hope Bancorp, and urged the Company board to examine an acquisition offer by Blue Hill. Yakira Capital stated that shareholders should not have to fight for the Board to declare a proposal with a 25% premium to be reasonably likely to be superior to the Hope transaction, and the Board has expressed concerns about the Blue Hill offer. In addition, Yakira Capital urged the board, acting as fiduciaries to shareholders, to deem the Blue Hill offer as likely to lead to a superior offer and immediately open negotiations with the consortium given it is in the best interest of all shareholders. Further, Yakira Capital stated that it believes management is breaching their fiduciary duty by not declaring the Blue Hill offer as potentially likely to lead to a superior proposal, and as a potentially superior offer, the Board has an obligation to consider it. Yakira Capital reiterated its intention to vote against the Hope deal.공시 • Oct 11Yakira Capital Urges Territorial Bancorp to Reconsider Acquisition Offer From Blue Hill AdvisorsOn October 10, 2024, Yakira Capital Management, announced that it issued a letter to Territorial's Board of Directors expressing strong concerns over the Board's refusal to engage with Blue Hill Advisors regarding their acquisition proposal. Yakira highlighted that Blue Hill's offer of $12.50 per share represents a valuation more than 25% higher than the current merger agreement with Hope Bancorp. Yakira Capital stated that despite this, the Board has publicly disparaged Blue Hill's proposal and has not engaged in meaningful discussions, prompting Yakira to criticize the Board for not acting in the best financial interests of its shareholders. Yakira stated that it plans to vote against the Hope merger, advocating that the Blue Hill proposal, supported by credible financial backing and potentially quicker regulatory approvals, presents a superior option for maximizing shareholder value. Further, Yakira Capital expressed that this stance is supported by Institutional Shareholder Services (ISS), which also believes the Blue Hill offer to be more beneficial.공시 • Oct 02Investor group comprised of Allan Landon, Blue Hill Advisors LLC and others cancelled the acquisition of Territorial Bancorp Inc. (NasdaqGS:TBNK).Investor group comprised of Allan Landon, Blue Hill Advisors LLC and others proposed to acquire Territorial Bancorp Inc. (NasdaqGS:TBNK) for approximately $100 million on August 26, 2024. Territorial's Board of Directors twice rejected the August 26 proposal, first on September 6 and again on September 12, citing provisions in Territorial's merger agreement with Hope that prohibit the Company from pursuing competing proposals unless specific criteria are met that would render the competing proposal. Investor group comprised of Allan Landon, Blue Hill Advisors LLC and others has made a revised bid to acquire Territorial Bancorp Inc. for $110.4 million on September 26, 2024. As of September 26, 2024, the investor group revised cash offer increased from $12.00 per share to $12.50 per share. Investor group comprised of Allan Landon, Blue Hill Advisors LLC and others cancelled the acquisition of Territorial Bancorp Inc. (NasdaqGS:TBNK) on September 26, 2024. Board of Directors of Territorial Bancorp, again rejected Blue Hill proposal as remaining highly uncertain, inferior to Hope agreement and unlikely to benefit Territorial shareholders.Major Estimate Revision • Aug 19Consensus EPS estimates fall by 44%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$36.9m to US$35.9m. Losses expected to increase from US$0.16 per share to US$0.23. Banks industry in the US expected to see average net income growth of 9.7% next year. Consensus price target up from US$9.66 to US$11.27. Share price rose 8.3% to US$9.54 over the past week.Price Target Changed • Aug 14Price target increased by 24% to US$11.27Up from US$9.08, the current price target is provided by 1 analyst. New target price is 26% above last closing price of US$8.96. The company is forecast to post a net loss per share of US$0.23 compared to earnings per share of US$0.58 last year.Declared Dividend • Aug 01Second quarter dividend of US$0.01 announcedShareholders will receive a dividend of US$0.01. Ex-date: 9th August 2024 Payment date: 23rd August 2024 Dividend yield will be 1.2%, which is lower than the industry average of 3.2%.Reported Earnings • Jul 28Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: US$0.09 loss per share (down from US$0.17 profit in 2Q 2023). Revenue: US$9.52m (down 18% from 2Q 2023). Net loss: US$775.0k (down 152% from profit in 2Q 2023). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.공시 • Jul 27Territorial Bancorp Inc. Approves Dividend, Payable on August 23, 2024Territorial Bancorp Inc.'s Board of Directors approved a dividend of $0.01 per share. The dividend is expected to be paid on August 23, 2024, to stockholders of record as of August 9, 2024.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$9.45, the stock trades at a trailing P/E ratio of 37x. Average forward P/E is 12x in the Banks industry in the US. Total loss to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$14.73 per share.Upcoming Dividend • Jun 20Upcoming dividend of CA$0.01 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 08 July 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (3.0%).Upcoming Dividend • May 17Upcoming dividend of US$0.01 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 10 June 2024. The company is paying out more than 100% of its profits and is paying out 85% of its cash flow. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.9%).공시 • May 15Territorial Bancorp Inc. Declares Quarterly Cash Dividend, Payable on June 10, 2024Territorial Bancorp Inc. announced 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.Major Estimate Revision • May 07Consensus EPS estimates fall by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$39.5m to US$36.5m. EPS estimate also fell from US$0.155 per share to US$0.11 per share. Net income forecast to shrink 82% next year vs 1.8% growth forecast for Banks industry in the US . Consensus price target up from US$9.00 to US$9.25. Share price rose 7.6% to US$8.10 over the past week.공시 • Apr 17Territorial Bancorp Inc., Annual General Meeting, May 16, 2024Territorial Bancorp Inc., Annual General Meeting, May 16, 2024, at 08:30 Hawaiian Standard. Agenda: To consider the election of Directors; to consider the Ratification of the appointment of Moss Adams LLP as company independent registered public accounting firm; and to consider the advisory approval of company executive compensation; and to consider other matters.Reported Earnings • Mar 19Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$0.58 (down from US$1.81 in FY 2022). Revenue: US$45.1m (down 25% from FY 2022). Net income: US$4.98m (down 69% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.02% (down from 2.69% in FY 2022). Cost-to-income ratio: 84.8% (up from 65.0% in FY 2022). Non-performing loans: 0.17% (down from 0.18% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$9.55, the stock trades at a forward P/E ratio of 62x. Average forward P/E is 10x in the Banks industry in the US. Total loss to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$15.53 per share.Major Estimate Revision • Feb 02Consensus EPS estimates fall by 38%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$41.8m to US$40.4m. EPS estimate also fell from US$0.32 per share to US$0.20 per share. Net income forecast to shrink 66% next year vs 3.5% decline forecast for Banks industry in the US. Consensus price target up from US$8.53 to US$9.00. Share price fell 6.3% to US$10.38 over the past week.New Risk • Feb 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (127% payout ratio). Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (US$92.0m market cap).Declared Dividend • Feb 01Fourth quarter dividend of US$0.05 announcedShareholders will receive a dividend of US$0.05. Ex-date: 8th February 2024 Payment date: 23rd February 2024 Dividend yield will be 5.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio). However, the dividend is expected to be covered in 3 years' time (51% forecast payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. EPS is expected to grow by 1.7% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Jan 28Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$0.58 (down from US$1.81 in FY 2022). Revenue: US$45.3m (down 25% from FY 2022). Net income: US$5.03m (down 69% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 23% per year.공시 • Jan 27Territorial Bancorp Inc. Approves Quarterly Cash Dividend, Payable on February 23, 2024Territorial Bancorp Inc. announced 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.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$9.57, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 10x in the Banks industry in the US. Total loss to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$16.62 per share.분석 기사 • Nov 05Territorial Bancorp's (NASDAQ:TBNK) Shareholders Will Receive A Smaller Dividend Than Last YearTerritorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that on 24th of November, it will be paying a dividend of$0.05...Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$0.10 (down from US$0.44 in 3Q 2022). Revenue: US$10.9m (down 28% from 3Q 2022). Net income: US$880.0k (down 77% from 3Q 2022). Profit margin: 8.1% (down from 26% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is expected to decline by 7.8% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.공시 • Oct 29Territorial Bancorp Inc. Declares Quarterly Dividend, Payable on November 24, 2023Territorial Bancorp Inc. announced 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.Price Target Changed • Sep 29Price target decreased by 7.1% to US$13.00Down from US$14.00, the current price target is an average from 2 analysts. New target price is 43% above last closing price of US$9.09. Stock is down 51% over the past year. The company is forecast to post earnings per share of US$0.67 for next year compared to US$1.81 last year.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$11.30, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Banks industry in the US. Total loss to shareholders of 42% over the past three years.Major Estimate Revision • Aug 04Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$47.9m to US$46.3m. EPS estimate also fell from US$0.825 per share to US$0.67 per share. Net income forecast to shrink 54% next year vs 11% decline forecast for Banks industry in the US. Consensus price target up from US$13.50 to US$14.00. Share price fell 18% to US$11.55 over the past week.Upcoming Dividend • Aug 03Upcoming dividend of US$0.23 per share at 9.1% yieldEligible shareholders must have bought the stock before 10 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 9.1%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.4%).New Risk • Aug 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$96.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 57% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (US$96.2m market cap).Buying Opportunity • Aug 01Now 30% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be US$16.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to decline by 16% in a year. Earnings is forecast to decline by 54% in the next year.Reported Earnings • Jul 30Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: US$0.17 (down from US$0.46 in 2Q 2022). Revenue: US$11.6m (down 24% from 2Q 2022). Net income: US$1.50m (down 63% from 2Q 2022). Profit margin: 13% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is expected to decline by 7.6% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 14% per year.공시 • Jul 29Territorial Bancorp Inc. Approves Quarterly Cash Dividend, Payable on August 25, 2023Territorial Bancorp Inc. announced 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.Price Target Changed • Jul 07Price target decreased by 11% to US$18.33Down from US$20.67, the current price target is an average from 3 analysts. New target price is 54% above last closing price of US$11.88. Stock is down 42% over the past year. The company is forecast to post earnings per share of US$0.82 for next year compared to US$1.81 last year.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to US$12.69, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 8x in the Banks industry in the US. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$20.13 per share.Price Target Changed • May 06Price target decreased by 13% to US$20.67Down from US$23.67, the current price target is an average from 3 analysts. New target price is 83% above last closing price of US$11.30. Stock is down 48% over the past year. The company is forecast to post earnings per share of US$0.85 for next year compared to US$1.81 last year.Major Estimate Revision • May 04Consensus EPS estimates fall by 25%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$52.4m to US$47.9m. EPS estimate also fell from US$1.14 per share to US$0.85 per share. Net income forecast to shrink 43% next year vs 5.7% decline forecast for Banks industry in the US. Consensus price target down from US$23.67 to US$22.33. Share price fell 31% to US$11.90 over the past week.Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to US$11.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Banks industry in the US. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$19.68 per share.Buying Opportunity • May 03Now 43% undervalued after recent price dropOver the last 90 days, the stock is down 57%. The fair value is estimated to be US$18.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.9%. Revenue is forecast to decline by 17% in a year. Earnings is forecast to decline by 43% in the next year.분석 기사 • May 02Territorial Bancorp (NASDAQ:TBNK) Is Paying Out A Dividend Of $0.23The board of Territorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that it will pay a dividend of $0.23 per share on...Reported Earnings • Mar 21Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: US$1.81 (down from US$1.92 in FY 2021). Revenue: US$60.3m (down 2.9% from FY 2021). Net income: US$16.1m (down 7.5% from FY 2021). Profit margin: 27% (down from 28% in FY 2021). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.69% (up from 2.65% in FY 2021). Cost-to-income ratio: 65.0% (up from 63.3% in FY 2021). Non-performing loans: 0.18% (down from 0.25% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is expected to decline by 5.2% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 6.3%. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.Major Estimate Revision • Feb 02Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$58.7m to US$53.2m. EPS estimate also fell from US$1.61 per share to US$1.18 per share. Net income forecast to shrink 37% next year vs 3.2% decline forecast for Mortgage industry in the US. Consensus price target of US$24.00 unchanged from last update. Share price rose 3.5% to US$24.86 over the past week.Reported Earnings • Jan 28Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: US$1.82 (down from US$1.92 in FY 2021). Revenue: US$60.3m (down 2.9% from FY 2021). Net income: US$16.2m (down 6.9% from FY 2021). Profit margin: 27% (down from 28% in FY 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is expected to decline by 1.4% p.a. on average during the next 2 years, while revenues in the Mortgage industry in the US are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.공시 • Jan 27Territorial Bancorp Inc. Approves Quarterly Cash Dividend, Payable on February 23, 2023Territorial Bancorp Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.23 per share. The dividend is expected to be paid on February 23, 2023 to stockholders of record as of February 9, 2023.분석 기사 • Dec 13Territorial Bancorp (NASDAQ:TBNK) Will Pay A Dividend Of $0.10Territorial Bancorp Inc. ( NASDAQ:TBNK ) will pay a dividend of $0.10 on the 29th of December. Including this payment...Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Director Jan Sam was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Nov 02Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 09 November 2022. Payment date: 23 November 2022. Payout ratio is a comfortable 49% and the cash payout ratio is 94%. Trailing yield: 5.0%. Within top quartile of American dividend payers (4.4%). Lower than average of industry peers (6.5%).분석 기사 • Nov 01Territorial Bancorp's (NASDAQ:TBNK) Dividend Will Be $0.23Territorial Bancorp Inc.'s ( NASDAQ:TBNK ) investors are due to receive a payment of $0.23 per share on 23rd of...Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Director Jan Sam was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: US$0.44 (down from US$0.46 in 3Q 2021). Revenue: US$15.1m (down 1.2% from 3Q 2021). Net income: US$3.89m (down 6.0% from 3Q 2021). Profit margin: 26% (down from 27% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.9%. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Mortgage industry in the US are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 12% per year.Board Change • Oct 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director John Ohama was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.분석 기사 • Aug 04Territorial Bancorp (NASDAQ:TBNK) Is Paying Out A Dividend Of $0.23The board of Territorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that it will pay a dividend of $0.23 per share on...Upcoming Dividend • Aug 03Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 10 August 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Within top quartile of American dividend payers (4.1%). Lower than average of industry peers (5.6%).Reported Earnings • Jul 31Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: US$0.46 (up from US$0.44 in 2Q 2021). Revenue: US$15.2m (flat on 2Q 2021). Net income: US$4.11m (up 1.8% from 2Q 2021). Profit margin: 27% (in line with 2Q 2021). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Over the next year, revenue is expected to shrink by 5.1% compared to a 9.6% decline forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.Seeking Alpha • Jul 28Territorial Bancorp declares $0.23 dividendTerritorial Bancorp (NASDAQ:TBNK) declares $0.23/share quarterly dividend, in line with previous. Forward yield 4.18% Payable Aug. 25; for shareholders of record Aug. 11; ex-div Aug. 10. See TBNK Dividend Scorecard, Yield Chart, & Dividend Growth.Price Target Changed • Jun 07Price target decreased to US$26.33Down from US$29.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$22.69. Stock is down 12% over the past year. The company is forecast to post earnings per share of US$1.75 for next year compared to US$1.92 last year.분석 기사 • May 08Territorial Bancorp's (NASDAQ:TBNK) Dividend Will Be US$0.23Territorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that it will pay a dividend of US$0.23 per share on the 26th of...Upcoming Dividend • May 04Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 11 May 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 49% and the cash payout ratio is 84%. Trailing yield: 4.6%. Within top quartile of American dividend payers (3.9%). Lower than average of industry peers (6.1%).Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: US$0.52 (down from US$0.55 in 1Q 2021). Revenue: US$15.6m (down 4.5% from 1Q 2021). Net income: US$4.71m (down 6.0% from 1Q 2021). Profit margin: 30% (in line with 1Q 2021). Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Over the next year, revenue is expected to shrink by 2.9% compared to a 9.6% decline forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director John Ohama was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Apr 09Vice Chairman recently sold US$83k worth of stockOn the 7th of April, Vernon Hirata sold around 4k shares on-market at roughly US$23.45 per share. This was the largest sale by an insider in the last 3 months. This was Vernon's only on-market trade for the last 12 months.Upcoming Dividend • Feb 02Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 09 February 2022. Payment date: 24 February 2022. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of American dividend payers (3.6%). Higher than average of industry peers (3.7%).분석 기사 • Feb 01Territorial Bancorp (NASDAQ:TBNK) Has Announced A Dividend Of US$0.23Territorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that it will pay a dividend of US$0.23 per share on the 24th of...Reported Earnings • Jan 30Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$1.92 (down from US$2.03 in FY 2020). Revenue: US$62.1m (down 1.2% from FY 2020). Net income: US$17.4m (down 5.9% from FY 2020). Profit margin: 28% (down from 30% in FY 2020). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Over the next year, revenue is expected to shrink by 5.1% compared to a 9.3% decline forecast for the banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.Seeking Alpha • Dec 03Territorial Bancorp: Higher Interest Rates Might Squeeze EarningsTBNK's assets yield low long-term fixed rates while its liabilities yield variable rates. If interest rates were to increase, TBNK's income could get squeezed. Expected earnings yields are lackluster between 3.98% and 5.12%, with muted growth expectations.Board Change • Nov 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director John Ohama was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.분석 기사 • Nov 02Territorial Bancorp (NASDAQ:TBNK) Will Pay A Dividend Of US$0.23The board of Territorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that it will pay a dividend of US$0.23 per share on...Upcoming Dividend • Nov 02Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 09 November 2021. Payment date: 24 November 2021. Trailing yield: 3.6%. Within top quartile of American dividend payers (3.5%). In line with average of industry peers (3.4%).매출 및 비용 세부 내역Territorial Bancorp가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqGS:TBNK 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Dec 2436-439030 Sep 2436-238030 Jun 2439038031 Mar 2442237031 Dec 2345537030 Sep 2350838030 Jun 23541138031 Mar 23571438031 Dec 22601638030 Sep 22611738030 Jun 22611738031 Mar 22611738031 Dec 21621738030 Sep 21641938030 Jun 21641938031 Mar 21641937031 Dec 20631937030 Sep 20611837030 Jun 20631937031 Mar 20642038031 Dec 19662238030 Sep 19662137030 Jun 19652137031 Mar 19652137031 Dec 18631937030 Sep 18631738030 Jun 18631637031 Mar 18631537031 Dec 17631536030 Sep 17621734030 Jun 17621734031 Mar 17621734031 Dec 16621634030 Sep 16621635030 Jun 16621536031 Mar 16621536031 Dec 15611436030 Sep 15601535030 Jun 15591435031 Mar 15591435031 Dec 14581435030 Sep 14591435030 Jun 145915350양질의 수익: TBNK 은(는) 현재 수익성이 없습니다.이익 마진 증가: TBNK는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: TBNK은 수익성이 없으며 지난 5년 동안 손실이 연평균 34.8% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 TBNK의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: TBNK은 수익성이 없어 지난 해 수익 성장률을 Banks 업계(22.8%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: TBNK는 현재 수익성이 없으므로 자본 수익률이 음수(-1.73%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YBanks 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/04/03 20:03종가2025/04/01 00:00수익2024/12/31연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Territorial Bancorp Inc.는 5명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Christopher McGrattyKeefe, Bruyette, & WoodsKelly MottaKeefe, Bruyette, & WoodsAndrew LieschPiper Sandler Companies2명의 분석가 더 보기
Reported Earnings • Feb 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: US$0.50 loss per share (down from US$0.58 profit in FY 2023). Revenue: US$36.4m (down 19% from FY 2023). Net loss: US$4.30m (down 186% from profit in FY 2023). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 28Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: US$0.09 loss per share (down from US$0.17 profit in 2Q 2023). Revenue: US$9.52m (down 18% from 2Q 2023). Net loss: US$775.0k (down 152% from profit in 2Q 2023). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 19Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$0.58 (down from US$1.81 in FY 2022). Revenue: US$45.1m (down 25% from FY 2022). Net income: US$4.98m (down 69% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.02% (down from 2.69% in FY 2022). Cost-to-income ratio: 84.8% (up from 65.0% in FY 2022). Non-performing loans: 0.17% (down from 0.18% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Jan 28Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$0.58 (down from US$1.81 in FY 2022). Revenue: US$45.3m (down 25% from FY 2022). Net income: US$5.03m (down 69% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 23% per year.
Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$0.10 (down from US$0.44 in 3Q 2022). Revenue: US$10.9m (down 28% from 3Q 2022). Net income: US$880.0k (down 77% from 3Q 2022). Profit margin: 8.1% (down from 26% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is expected to decline by 7.8% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Jul 30Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: US$0.17 (down from US$0.46 in 2Q 2022). Revenue: US$11.6m (down 24% from 2Q 2022). Net income: US$1.50m (down 63% from 2Q 2022). Profit margin: 13% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is expected to decline by 7.6% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 14% per year.
Buy Or Sell Opportunity • Mar 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to US$8.19. The fair value is estimated to be US$10.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 3.0% in a year. Earnings are forecast to grow by 100% in the next year.
Buy Or Sell Opportunity • Feb 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to US$8.19. The fair value is estimated to be US$10.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 3.0% in a year. Earnings are forecast to grow by 100% in the next year.
Declared Dividend • Feb 05Fourth quarter dividend of US$0.01 announcedShareholders will receive a dividend of US$0.01. Ex-date: 14th February 2025 Payment date: 28th February 2025 Dividend yield will be 0.4%, which is lower than the industry average of 3.2%.
Reported Earnings • Feb 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: US$0.50 loss per share (down from US$0.58 profit in FY 2023). Revenue: US$36.4m (down 19% from FY 2023). Net loss: US$4.30m (down 186% from profit in FY 2023). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
공시 • Feb 01Territorial Bancorp Inc. Approves a Dividend, Payable on February 28, 2025The Board of Directors of Territorial Bancorp Inc. approved a dividend of $0.01 per share. The dividend is expected to be paid on February 28, 2025, to stockholders of record as of February 14, 2025.
공시 • Oct 29Territorial Bancorp Inc. Approves a Dividend, Payable on November 22, 2024Territorial Bancorp Inc. announced that its Board of Directors approved a dividend of $0.01 per share. The dividend is expected to be paid on November 22, 2024, to stockholders of record as of November 8, 2024.
공시 • Oct 26Blue Hill Advisors Advance Offer with Detailed Disclosure to Board of Territorial Bancorp IncOn October 25, 2024, a group of seasoned bank investors, led by Jason Blumberg of Blue Hill Advisors, disclosed new financial qualifications in an addendum to the Board of Directors of Territorial Bancorp Inc. Initially submitting their acquisition proposal on August 26, the investors enhanced their offer's credibility by lowering the minimum tender requirement from 70% to 51%. With a collective management of $3.4 billion, they expressed strong commitment to purchasing Territorial shares at $12.50 each, surpassing the amount necessary for full tender. The investors criticized the Board for failing to justify its merger with Hope, urging shareholders to oppose the sale at the upcoming special meeting on November 6, 2024. They emphasized their offer's 25% premium over Hope's valuation and accused the Board of obstructing negotiations by demanding fully baked terms without due diligence. The investors argued that the merger agreement with Hope allows for contingencies and called on the Board to recognize their proposal as a superior alternative, asserting that until the Board acknowledges this potential, shareholders have little choice but to oppose the Hope merger.
공시 • Oct 25Yakira Capital Management Provides Information to Shareholders of Territorial BancorpOn October 24, 2024, Yakira Capital Management Inc announced that, it has issued a response regarding the Territorial Bancorp Inc board director’s rejection to consider a superior acquisition offer from the Blue Hill Advisors consortium, in favor of a merger with Hope Bancorp, and urged the Company board to examine an acquisition offer by Blue Hill. Yakira Capital stated that shareholders should not have to fight for the Board to declare a proposal with a 25% premium to be reasonably likely to be superior to the Hope transaction, and the Board has expressed concerns about the Blue Hill offer. In addition, Yakira Capital urged the board, acting as fiduciaries to shareholders, to deem the Blue Hill offer as likely to lead to a superior offer and immediately open negotiations with the consortium given it is in the best interest of all shareholders. Further, Yakira Capital stated that it believes management is breaching their fiduciary duty by not declaring the Blue Hill offer as potentially likely to lead to a superior proposal, and as a potentially superior offer, the Board has an obligation to consider it. Yakira Capital reiterated its intention to vote against the Hope deal.
공시 • Oct 11Yakira Capital Urges Territorial Bancorp to Reconsider Acquisition Offer From Blue Hill AdvisorsOn October 10, 2024, Yakira Capital Management, announced that it issued a letter to Territorial's Board of Directors expressing strong concerns over the Board's refusal to engage with Blue Hill Advisors regarding their acquisition proposal. Yakira highlighted that Blue Hill's offer of $12.50 per share represents a valuation more than 25% higher than the current merger agreement with Hope Bancorp. Yakira Capital stated that despite this, the Board has publicly disparaged Blue Hill's proposal and has not engaged in meaningful discussions, prompting Yakira to criticize the Board for not acting in the best financial interests of its shareholders. Yakira stated that it plans to vote against the Hope merger, advocating that the Blue Hill proposal, supported by credible financial backing and potentially quicker regulatory approvals, presents a superior option for maximizing shareholder value. Further, Yakira Capital expressed that this stance is supported by Institutional Shareholder Services (ISS), which also believes the Blue Hill offer to be more beneficial.
공시 • Oct 02Investor group comprised of Allan Landon, Blue Hill Advisors LLC and others cancelled the acquisition of Territorial Bancorp Inc. (NasdaqGS:TBNK).Investor group comprised of Allan Landon, Blue Hill Advisors LLC and others proposed to acquire Territorial Bancorp Inc. (NasdaqGS:TBNK) for approximately $100 million on August 26, 2024. Territorial's Board of Directors twice rejected the August 26 proposal, first on September 6 and again on September 12, citing provisions in Territorial's merger agreement with Hope that prohibit the Company from pursuing competing proposals unless specific criteria are met that would render the competing proposal. Investor group comprised of Allan Landon, Blue Hill Advisors LLC and others has made a revised bid to acquire Territorial Bancorp Inc. for $110.4 million on September 26, 2024. As of September 26, 2024, the investor group revised cash offer increased from $12.00 per share to $12.50 per share. Investor group comprised of Allan Landon, Blue Hill Advisors LLC and others cancelled the acquisition of Territorial Bancorp Inc. (NasdaqGS:TBNK) on September 26, 2024. Board of Directors of Territorial Bancorp, again rejected Blue Hill proposal as remaining highly uncertain, inferior to Hope agreement and unlikely to benefit Territorial shareholders.
Major Estimate Revision • Aug 19Consensus EPS estimates fall by 44%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$36.9m to US$35.9m. Losses expected to increase from US$0.16 per share to US$0.23. Banks industry in the US expected to see average net income growth of 9.7% next year. Consensus price target up from US$9.66 to US$11.27. Share price rose 8.3% to US$9.54 over the past week.
Price Target Changed • Aug 14Price target increased by 24% to US$11.27Up from US$9.08, the current price target is provided by 1 analyst. New target price is 26% above last closing price of US$8.96. The company is forecast to post a net loss per share of US$0.23 compared to earnings per share of US$0.58 last year.
Declared Dividend • Aug 01Second quarter dividend of US$0.01 announcedShareholders will receive a dividend of US$0.01. Ex-date: 9th August 2024 Payment date: 23rd August 2024 Dividend yield will be 1.2%, which is lower than the industry average of 3.2%.
Reported Earnings • Jul 28Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: US$0.09 loss per share (down from US$0.17 profit in 2Q 2023). Revenue: US$9.52m (down 18% from 2Q 2023). Net loss: US$775.0k (down 152% from profit in 2Q 2023). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
공시 • Jul 27Territorial Bancorp Inc. Approves Dividend, Payable on August 23, 2024Territorial Bancorp Inc.'s Board of Directors approved a dividend of $0.01 per share. The dividend is expected to be paid on August 23, 2024, to stockholders of record as of August 9, 2024.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$9.45, the stock trades at a trailing P/E ratio of 37x. Average forward P/E is 12x in the Banks industry in the US. Total loss to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$14.73 per share.
Upcoming Dividend • Jun 20Upcoming dividend of CA$0.01 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 08 July 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (3.0%).
Upcoming Dividend • May 17Upcoming dividend of US$0.01 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 10 June 2024. The company is paying out more than 100% of its profits and is paying out 85% of its cash flow. Trailing yield: 2.4%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.9%).
공시 • May 15Territorial Bancorp Inc. Declares Quarterly Cash Dividend, Payable on June 10, 2024Territorial Bancorp Inc. announced 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.
Major Estimate Revision • May 07Consensus EPS estimates fall by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$39.5m to US$36.5m. EPS estimate also fell from US$0.155 per share to US$0.11 per share. Net income forecast to shrink 82% next year vs 1.8% growth forecast for Banks industry in the US . Consensus price target up from US$9.00 to US$9.25. Share price rose 7.6% to US$8.10 over the past week.
공시 • Apr 17Territorial Bancorp Inc., Annual General Meeting, May 16, 2024Territorial Bancorp Inc., Annual General Meeting, May 16, 2024, at 08:30 Hawaiian Standard. Agenda: To consider the election of Directors; to consider the Ratification of the appointment of Moss Adams LLP as company independent registered public accounting firm; and to consider the advisory approval of company executive compensation; and to consider other matters.
Reported Earnings • Mar 19Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$0.58 (down from US$1.81 in FY 2022). Revenue: US$45.1m (down 25% from FY 2022). Net income: US$4.98m (down 69% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.02% (down from 2.69% in FY 2022). Cost-to-income ratio: 84.8% (up from 65.0% in FY 2022). Non-performing loans: 0.17% (down from 0.18% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$9.55, the stock trades at a forward P/E ratio of 62x. Average forward P/E is 10x in the Banks industry in the US. Total loss to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$15.53 per share.
Major Estimate Revision • Feb 02Consensus EPS estimates fall by 38%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$41.8m to US$40.4m. EPS estimate also fell from US$0.32 per share to US$0.20 per share. Net income forecast to shrink 66% next year vs 3.5% decline forecast for Banks industry in the US. Consensus price target up from US$8.53 to US$9.00. Share price fell 6.3% to US$10.38 over the past week.
New Risk • Feb 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (127% payout ratio). Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (US$92.0m market cap).
Declared Dividend • Feb 01Fourth quarter dividend of US$0.05 announcedShareholders will receive a dividend of US$0.05. Ex-date: 8th February 2024 Payment date: 23rd February 2024 Dividend yield will be 5.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio). However, the dividend is expected to be covered in 3 years' time (51% forecast payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. EPS is expected to grow by 1.7% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Jan 28Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$0.58 (down from US$1.81 in FY 2022). Revenue: US$45.3m (down 25% from FY 2022). Net income: US$5.03m (down 69% from FY 2022). Profit margin: 11% (down from 27% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 23% per year.
공시 • Jan 27Territorial Bancorp Inc. Approves Quarterly Cash Dividend, Payable on February 23, 2024Territorial Bancorp Inc. announced 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.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$9.57, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 10x in the Banks industry in the US. Total loss to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$16.62 per share.
분석 기사 • Nov 05Territorial Bancorp's (NASDAQ:TBNK) Shareholders Will Receive A Smaller Dividend Than Last YearTerritorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that on 24th of November, it will be paying a dividend of$0.05...
Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: US$0.10 (down from US$0.44 in 3Q 2022). Revenue: US$10.9m (down 28% from 3Q 2022). Net income: US$880.0k (down 77% from 3Q 2022). Profit margin: 8.1% (down from 26% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is expected to decline by 7.8% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
공시 • Oct 29Territorial Bancorp Inc. Declares Quarterly Dividend, Payable on November 24, 2023Territorial Bancorp Inc. announced 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.
Price Target Changed • Sep 29Price target decreased by 7.1% to US$13.00Down from US$14.00, the current price target is an average from 2 analysts. New target price is 43% above last closing price of US$9.09. Stock is down 51% over the past year. The company is forecast to post earnings per share of US$0.67 for next year compared to US$1.81 last year.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to US$11.30, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Banks industry in the US. Total loss to shareholders of 42% over the past three years.
Major Estimate Revision • Aug 04Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$47.9m to US$46.3m. EPS estimate also fell from US$0.825 per share to US$0.67 per share. Net income forecast to shrink 54% next year vs 11% decline forecast for Banks industry in the US. Consensus price target up from US$13.50 to US$14.00. Share price fell 18% to US$11.55 over the past week.
Upcoming Dividend • Aug 03Upcoming dividend of US$0.23 per share at 9.1% yieldEligible shareholders must have bought the stock before 10 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 9.1%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.4%).
New Risk • Aug 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$96.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 57% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (US$96.2m market cap).
Buying Opportunity • Aug 01Now 30% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be US$16.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to decline by 16% in a year. Earnings is forecast to decline by 54% in the next year.
Reported Earnings • Jul 30Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: US$0.17 (down from US$0.46 in 2Q 2022). Revenue: US$11.6m (down 24% from 2Q 2022). Net income: US$1.50m (down 63% from 2Q 2022). Profit margin: 13% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is expected to decline by 7.6% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 14% per year.
공시 • Jul 29Territorial Bancorp Inc. Approves Quarterly Cash Dividend, Payable on August 25, 2023Territorial Bancorp Inc. announced 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.
Price Target Changed • Jul 07Price target decreased by 11% to US$18.33Down from US$20.67, the current price target is an average from 3 analysts. New target price is 54% above last closing price of US$11.88. Stock is down 42% over the past year. The company is forecast to post earnings per share of US$0.82 for next year compared to US$1.81 last year.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to US$12.69, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 8x in the Banks industry in the US. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$20.13 per share.
Price Target Changed • May 06Price target decreased by 13% to US$20.67Down from US$23.67, the current price target is an average from 3 analysts. New target price is 83% above last closing price of US$11.30. Stock is down 48% over the past year. The company is forecast to post earnings per share of US$0.85 for next year compared to US$1.81 last year.
Major Estimate Revision • May 04Consensus EPS estimates fall by 25%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$52.4m to US$47.9m. EPS estimate also fell from US$1.14 per share to US$0.85 per share. Net income forecast to shrink 43% next year vs 5.7% decline forecast for Banks industry in the US. Consensus price target down from US$23.67 to US$22.33. Share price fell 31% to US$11.90 over the past week.
Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to US$11.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Banks industry in the US. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$19.68 per share.
Buying Opportunity • May 03Now 43% undervalued after recent price dropOver the last 90 days, the stock is down 57%. The fair value is estimated to be US$18.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.9%. Revenue is forecast to decline by 17% in a year. Earnings is forecast to decline by 43% in the next year.
분석 기사 • May 02Territorial Bancorp (NASDAQ:TBNK) Is Paying Out A Dividend Of $0.23The board of Territorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that it will pay a dividend of $0.23 per share on...
Reported Earnings • Mar 21Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: US$1.81 (down from US$1.92 in FY 2021). Revenue: US$60.3m (down 2.9% from FY 2021). Net income: US$16.1m (down 7.5% from FY 2021). Profit margin: 27% (down from 28% in FY 2021). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.69% (up from 2.65% in FY 2021). Cost-to-income ratio: 65.0% (up from 63.3% in FY 2021). Non-performing loans: 0.18% (down from 0.25% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is expected to decline by 5.2% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 6.3%. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.
Major Estimate Revision • Feb 02Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$58.7m to US$53.2m. EPS estimate also fell from US$1.61 per share to US$1.18 per share. Net income forecast to shrink 37% next year vs 3.2% decline forecast for Mortgage industry in the US. Consensus price target of US$24.00 unchanged from last update. Share price rose 3.5% to US$24.86 over the past week.
Reported Earnings • Jan 28Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: US$1.82 (down from US$1.92 in FY 2021). Revenue: US$60.3m (down 2.9% from FY 2021). Net income: US$16.2m (down 6.9% from FY 2021). Profit margin: 27% (down from 28% in FY 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is expected to decline by 1.4% p.a. on average during the next 2 years, while revenues in the Mortgage industry in the US are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.
공시 • Jan 27Territorial Bancorp Inc. Approves Quarterly Cash Dividend, Payable on February 23, 2023Territorial Bancorp Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.23 per share. The dividend is expected to be paid on February 23, 2023 to stockholders of record as of February 9, 2023.
분석 기사 • Dec 13Territorial Bancorp (NASDAQ:TBNK) Will Pay A Dividend Of $0.10Territorial Bancorp Inc. ( NASDAQ:TBNK ) will pay a dividend of $0.10 on the 29th of December. Including this payment...
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Director Jan Sam was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Nov 02Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 09 November 2022. Payment date: 23 November 2022. Payout ratio is a comfortable 49% and the cash payout ratio is 94%. Trailing yield: 5.0%. Within top quartile of American dividend payers (4.4%). Lower than average of industry peers (6.5%).
분석 기사 • Nov 01Territorial Bancorp's (NASDAQ:TBNK) Dividend Will Be $0.23Territorial Bancorp Inc.'s ( NASDAQ:TBNK ) investors are due to receive a payment of $0.23 per share on 23rd of...
Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Director Jan Sam was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: US$0.44 (down from US$0.46 in 3Q 2021). Revenue: US$15.1m (down 1.2% from 3Q 2021). Net income: US$3.89m (down 6.0% from 3Q 2021). Profit margin: 26% (down from 27% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.9%. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Mortgage industry in the US are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 12% per year.
Board Change • Oct 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director John Ohama was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
분석 기사 • Aug 04Territorial Bancorp (NASDAQ:TBNK) Is Paying Out A Dividend Of $0.23The board of Territorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that it will pay a dividend of $0.23 per share on...
Upcoming Dividend • Aug 03Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 10 August 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Within top quartile of American dividend payers (4.1%). Lower than average of industry peers (5.6%).
Reported Earnings • Jul 31Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: US$0.46 (up from US$0.44 in 2Q 2021). Revenue: US$15.2m (flat on 2Q 2021). Net income: US$4.11m (up 1.8% from 2Q 2021). Profit margin: 27% (in line with 2Q 2021). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Over the next year, revenue is expected to shrink by 5.1% compared to a 9.6% decline forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.
Seeking Alpha • Jul 28Territorial Bancorp declares $0.23 dividendTerritorial Bancorp (NASDAQ:TBNK) declares $0.23/share quarterly dividend, in line with previous. Forward yield 4.18% Payable Aug. 25; for shareholders of record Aug. 11; ex-div Aug. 10. See TBNK Dividend Scorecard, Yield Chart, & Dividend Growth.
Price Target Changed • Jun 07Price target decreased to US$26.33Down from US$29.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$22.69. Stock is down 12% over the past year. The company is forecast to post earnings per share of US$1.75 for next year compared to US$1.92 last year.
분석 기사 • May 08Territorial Bancorp's (NASDAQ:TBNK) Dividend Will Be US$0.23Territorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that it will pay a dividend of US$0.23 per share on the 26th of...
Upcoming Dividend • May 04Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 11 May 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 49% and the cash payout ratio is 84%. Trailing yield: 4.6%. Within top quartile of American dividend payers (3.9%). Lower than average of industry peers (6.1%).
Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: US$0.52 (down from US$0.55 in 1Q 2021). Revenue: US$15.6m (down 4.5% from 1Q 2021). Net income: US$4.71m (down 6.0% from 1Q 2021). Profit margin: 30% (in line with 1Q 2021). Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Over the next year, revenue is expected to shrink by 2.9% compared to a 9.6% decline forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director John Ohama was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Apr 09Vice Chairman recently sold US$83k worth of stockOn the 7th of April, Vernon Hirata sold around 4k shares on-market at roughly US$23.45 per share. This was the largest sale by an insider in the last 3 months. This was Vernon's only on-market trade for the last 12 months.
Upcoming Dividend • Feb 02Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 09 February 2022. Payment date: 24 February 2022. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of American dividend payers (3.6%). Higher than average of industry peers (3.7%).
분석 기사 • Feb 01Territorial Bancorp (NASDAQ:TBNK) Has Announced A Dividend Of US$0.23Territorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that it will pay a dividend of US$0.23 per share on the 24th of...
Reported Earnings • Jan 30Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: US$1.92 (down from US$2.03 in FY 2020). Revenue: US$62.1m (down 1.2% from FY 2020). Net income: US$17.4m (down 5.9% from FY 2020). Profit margin: 28% (down from 30% in FY 2020). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Over the next year, revenue is expected to shrink by 5.1% compared to a 9.3% decline forecast for the banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.
Seeking Alpha • Dec 03Territorial Bancorp: Higher Interest Rates Might Squeeze EarningsTBNK's assets yield low long-term fixed rates while its liabilities yield variable rates. If interest rates were to increase, TBNK's income could get squeezed. Expected earnings yields are lackluster between 3.98% and 5.12%, with muted growth expectations.
Board Change • Nov 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director John Ohama was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
분석 기사 • Nov 02Territorial Bancorp (NASDAQ:TBNK) Will Pay A Dividend Of US$0.23The board of Territorial Bancorp Inc. ( NASDAQ:TBNK ) has announced that it will pay a dividend of US$0.23 per share on...
Upcoming Dividend • Nov 02Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 09 November 2021. Payment date: 24 November 2021. Trailing yield: 3.6%. Within top quartile of American dividend payers (3.5%). In line with average of industry peers (3.4%).