Territorial Bancorp Past Earnings Performance

Past criteria checks 1/6

Territorial Bancorp's earnings have been declining at an average annual rate of -13.8%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 4.5% per year. Territorial Bancorp's return on equity is 2%, and it has net margins of 11%.

Key information

-13.8%

Earnings growth rate

-12.8%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	-4.5%
Return on equity	2.0%
Net Margin	11.0%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

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

Nov 05

Territorial Bancorp Inc.'s (NASDAQ:TBNK) CEO Compensation Is Looking A Bit Stretched At The Moment

May 07

Is Territorial Bancorp Inc.'s (NASDAQ:TBNK) 3.9% Dividend Worth Your Time?

Mar 08

Should You Buy Territorial Bancorp Inc. (NASDAQ:TBNK) For Its Upcoming Dividend?

Feb 05

Is Territorial Bancorp Inc. (NASDAQ:TBNK) Popular Amongst Insiders?

Jan 28

Should You Buy Territorial Bancorp Inc. (NASDAQ:TBNK) For Its Upcoming Dividend?

Jan 01

Territorial Bancorp declares $0.10 dividend

Dec 23

How Is Territorial Bancorp's (NASDAQ:TBNK) CEO Compensated?

Dec 17

Revenue & Expenses Breakdown
Beta

How Territorial Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:TBNK Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	45	5	37
30 Sep 23	50	8	38
30 Jun 23	54	11	38
31 Mar 23	57	14	38
31 Dec 22	60	16	38
30 Sep 22	61	17	38
30 Jun 22	61	17	38
31 Mar 22	61	17	38
31 Dec 21	62	17	38
30 Sep 21	64	19	38
30 Jun 21	64	19	38
31 Mar 21	64	19	37
31 Dec 20	63	19	37
30 Sep 20	61	18	37
30 Jun 20	63	19	37
31 Mar 20	64	20	38
31 Dec 19	66	22	38
30 Sep 19	66	21	37
30 Jun 19	65	21	37
31 Mar 19	65	21	37
31 Dec 18	63	19	37
30 Sep 18	63	17	38
30 Jun 18	63	16	37
31 Mar 18	63	15	37
31 Dec 17	63	15	36
30 Sep 17	62	17	34
30 Jun 17	62	17	34
31 Mar 17	62	17	34
31 Dec 16	62	16	34
30 Sep 16	62	16	35
30 Jun 16	62	15	36
31 Mar 16	62	15	36
31 Dec 15	61	14	36
30 Sep 15	60	15	35
30 Jun 15	59	14	35
31 Mar 15	59	14	35
31 Dec 14	58	14	35
30 Sep 14	59	14	35
30 Jun 14	59	15	35
31 Mar 14	59	14	34
31 Dec 13	59	15	34
30 Sep 13	58	15	34
30 Jun 13	58	15	34

Quality Earnings: TBNK has high quality earnings.

Growing Profit Margin: TBNK's current net profit margins (11%) are lower than last year (26.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TBNK's earnings have declined by 13.8% per year over the past 5 years.

Accelerating Growth: TBNK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TBNK had negative earnings growth (-69%) over the past year, making it difficult to compare to the Banks industry average (-12.6%).

Territorial Bancorp Past Earnings Performance

Past criteria checks 1/6

Key information

Recent past performance updates

Full year 2023 earnings: EPS misses analyst expectations

Full year 2023 earnings: EPS misses analyst expectations

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Recent updates

Hope Bancorp, Inc. (NasdaqGS:HOPE) signed a definitive merger agreement to acquire Territorial Bancorp Inc. (NasdaqGS:TBNK) for $77.89 million.

Territorial Bancorp Inc., Annual General Meeting, May 16, 2024

Full year 2023 earnings: EPS misses analyst expectations

Investor sentiment deteriorates as stock falls 16%

Consensus EPS estimates fall by 38%

New major risk - Revenue and earnings growth

Fourth quarter dividend of US$0.05 announced

Full year 2023 earnings: EPS misses analyst expectations

Territorial Bancorp Inc. Approves Quarterly Cash Dividend, Payable on February 23, 2024

Investor sentiment improves as stock rises 17%

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

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Territorial Bancorp Inc. Declares Quarterly Dividend, Payable on November 24, 2023

Territorial Bancorp Inc. Declares Quarterly Dividend, Payable on November 24, 2023

Price target decreased by 7.1% to US$13.00

Investor sentiment deteriorates as stock falls 20%

Consensus EPS estimates fall by 19%

Upcoming dividend of US$0.23 per share at 9.1% yield

New minor risk - Market cap size

Now 30% undervalued

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Territorial Bancorp Inc. Approves Quarterly Cash Dividend, Payable on August 25, 2023

Price target decreased by 11% to US$18.33

Investor sentiment improves as stock rises 21%

Price target decreased by 13% to US$20.67

Consensus EPS estimates fall by 25%

Investor sentiment deteriorates as stock falls 31%

Now 43% undervalued after recent price drop

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

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Consensus EPS estimates fall by 27%

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Territorial Bancorp Inc. Approves Quarterly Cash Dividend, Payable on February 23, 2023

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

Territorial Bancorp Inc. Declares Special Dividend, Payable on December 29, 2022

Territorial Bancorp Inc. (NasdaqGS:TBNK) announces an Equity Buyback for $5 million worth of its shares.

Insufficient new directors

Upcoming dividend of US$0.23 per share

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

Insufficient new directors

Third quarter 2022 earnings: EPS exceeds analyst expectations

Territorial Bancorp Inc. Approves A Quarterly Cash Dividend, Expected to Be Payable on November 23, 2022

Insufficient new directors

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

Territorial Bancorp Inc. Announces Demise of David Murakami

Upcoming dividend of US$0.23 per share

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Territorial Bancorp Inc. Declares Quarterly Cash Dividend, Payable on August 25, 2022

Territorial Bancorp declares $0.23 dividend

Price target decreased to US$26.33

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

Upcoming dividend of US$0.23 per share

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Territorial Bancorp Inc., Annual General Meeting, May 19, 2022

Vice Chairman recently sold US$83k worth of stock

Territorial Bancorp Inc. (NasdaqGS:TBNK) announces an Equity Buyback for $5 million worth of its shares.

Upcoming dividend of US$0.23 per share

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

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Territorial Bancorp Inc. Declares Dividend, Payable on February 24, 2022

Territorial Bancorp: Higher Interest Rates Might Squeeze Earnings

Territorial Bancorp Inc Declares Special Cash Dividend, Payable on December 23, 2021

Insufficient new directors

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

Upcoming dividend of US$0.23 per share

Third quarter 2021 earnings released: EPS US$0.46 (vs US$0.47 in 3Q 2020)

Third quarter 2021 earnings released: EPS US$0.46 (vs US$0.47 in 3Q 2020)

Upcoming dividend of US$0.23 per share

Revenue & Expenses Breakdown
Beta