Territorial Bancorp Inc.

NasdaqGS:TBNK Stock Report

Market Cap: US$83.9m

Territorial Bancorp Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Allan Kitagawa

Chief executive officer

US$1.3m

Total compensation

CEO salary percentagen/a
CEO tenure39yrs
CEO ownership2.9%
Management average tenure28.5yrs
Board average tenure12.1yrs

Recent management updates

Recent updates

Territorial Bancorp's (NASDAQ:TBNK) Shareholders Will Receive A Smaller Dividend Than Last Year

Nov 05
Territorial Bancorp's (NASDAQ:TBNK) Shareholders Will Receive A Smaller Dividend Than Last Year

Territorial Bancorp (NASDAQ:TBNK) Is Paying Out A Dividend Of $0.23

May 02
Territorial Bancorp (NASDAQ:TBNK) Is Paying Out A Dividend Of $0.23

Territorial Bancorp (NASDAQ:TBNK) Will Pay A Dividend Of $0.10

Dec 13
Territorial Bancorp (NASDAQ:TBNK) Will Pay A Dividend Of $0.10

Territorial Bancorp's (NASDAQ:TBNK) Dividend Will Be $0.23

Nov 01
Territorial Bancorp's (NASDAQ:TBNK) Dividend Will Be $0.23

Territorial Bancorp (NASDAQ:TBNK) Is Paying Out A Dividend Of $0.23

Aug 04
Territorial Bancorp (NASDAQ:TBNK) Is Paying Out A Dividend Of $0.23

Territorial Bancorp declares $0.23 dividend

Jul 28

Territorial Bancorp's (NASDAQ:TBNK) Dividend Will Be US$0.23

May 08
Territorial Bancorp's (NASDAQ:TBNK) Dividend Will Be US$0.23

Territorial Bancorp (NASDAQ:TBNK) Has Announced A Dividend Of US$0.23

Feb 01
Territorial Bancorp (NASDAQ:TBNK) Has Announced A Dividend Of US$0.23

Territorial Bancorp: Higher Interest Rates Might Squeeze Earnings

Dec 03

Territorial Bancorp (NASDAQ:TBNK) Will Pay A Dividend Of US$0.23

Nov 02
Territorial Bancorp (NASDAQ:TBNK) Will Pay A Dividend Of US$0.23

Territorial Bancorp (NASDAQ:TBNK) Is Due To Pay A Dividend Of US$0.23

Aug 03
Territorial Bancorp (NASDAQ:TBNK) Is Due To Pay A Dividend Of US$0.23

CEO Compensation Analysis

How has Allan Kitagawa's remuneration changed compared to Territorial Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$2m

Jun 30 2024n/an/a

-US$63k

Mar 31 2024n/an/a

US$2m

Dec 31 2023US$1mn/a

US$5m

Sep 30 2023n/an/a

US$8m

Jun 30 2023n/an/a

US$11m

Mar 31 2023n/an/a

US$14m

Dec 31 2022US$2mUS$851k

US$16m

Sep 30 2022n/an/a

US$17m

Jun 30 2022n/an/a

US$17m

Mar 31 2022n/an/a

US$17m

Dec 31 2021US$2mUS$851k

US$17m

Sep 30 2021n/an/a

US$19m

Jun 30 2021n/an/a

US$19m

Mar 31 2021n/an/a

US$19m

Dec 31 2020US$2mUS$851k

US$19m

Sep 30 2020n/an/a

US$18m

Jun 30 2020n/an/a

US$19m

Mar 31 2020n/an/a

US$20m

Dec 31 2019US$2mUS$851k

US$22m

Sep 30 2019n/an/a

US$21m

Jun 30 2019n/an/a

US$21m

Mar 31 2019n/an/a

US$21m

Dec 31 2018US$2mUS$851k

US$19m

Compensation vs Market: Allan's total compensation ($USD1.32M) is above average for companies of similar size in the US market ($USD649.25K).

Compensation vs Earnings: Allan's compensation has been consistent with company performance over the past year.

CEO

Allan Kitagawa (79 yo)

39yrs

Tenure

US$1,320,508

Compensation

Mr. Allan S. Kitagawa has been Chairman of the Board and Chief Executive Officer at Territorial BanCorp Inc. and Territorial Savings Bank since 1986 and has been its President since 2007. Mr. Kitagawa work...

Leadership Team

NamePositionTenureCompensationOwnership
Allan Kitagawa
Chairman39yrsUS$1.32m2.87%
$ 2.4m
Vernon Hirata
Vice Chairman18yrsUS$564.68k2.01%
$ 1.7m
Ralph Nakatsuka
Vice Chairman & Co-COO18yrsUS$547.93k2.1%
$ 1.8m
Melvin Miyamoto
Executive VP39yrsUS$272.00k0.50%
$ 422.6k
Karen Cox
Executive Vice President of Administration41yrsno data0.57%
$ 475.7k
Walter Ida
Senior VP & Director of Investor Relations16yrsno datano data
Stanley Tanaka
Senior Vice President of Administrativeno datano datano data
Denise Takashima
Senior Vice President of Business Development & Marketingno datano datano data
Diane Tamashiro
Executive Vice President of Financeno datano datano data
Jan Loo
Senior Vice President of Electronic Banking Servicesno datano datano data
Cyrus Robinson
Senior Vice President of Banking Services and Supportno datano datano data
Gary Uyehara
Senior Vice President of Administrativeno datano datano data

28.5yrs

Average Tenure

72yo

Average Age

Experienced Management: TBNK's management team is seasoned and experienced (28.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Allan Kitagawa
Chairman39yrsUS$1.32m2.87%
$ 2.4m
Kirk Caldwell
Independent Director18yrsUS$43.87k0.40%
$ 333.0k
Howard Ikeda
Independent Director27yrsUS$48.96k0.47%
$ 392.1k
Jennifer Isobe
Independent Director6.3yrsUS$40.81kno data
John Ohama
Independent Director5.3yrsUS$40.81k0.12%
$ 97.3k
Jan Sam
Independent Director2.3yrsUS$40.81kno data

12.1yrs

Average Tenure

68.5yo

Average Age

Experienced Board: TBNK's board of directors are seasoned and experienced ( 12.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 05:19
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Territorial Bancorp Inc. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher McGrattyKeefe, Bruyette, & Woods
Kelly MottaKeefe, Bruyette, & Woods
Andrew LieschPiper Sandler Companies