Beneficial Bancorp, Inc. (NASDAQ:BNCL) is scheduled to be announcing its earnings results on Thursday, July 20th. Analysts expect the company to announce earnings of $0.11 per share for the quarter.
Beneficial Bancorp (NASDAQ:BNCL) last announced its quarterly earnings data on Friday, April 21st. The bank reported $0.11 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.11. The firm had revenue of $47.84 million for the quarter, compared to the consensus estimate of $44.76 million. Beneficial Bancorp had a net margin of 13.47% and a return on equity of 3.36%. During the same period last year, the firm earned $0.07 EPS. On average, analysts expect Beneficial Bancorp to post $0.45 EPS for the current fiscal year and $0.52 EPS for the next fiscal year.
Shares of Beneficial Bancorp, Inc. (BNCL) opened at 14.90 on Tuesday. Beneficial Bancorp, Inc. has a 12 month low of $12.86 and a 12 month high of $19.00. The company has a market capitalization of $1.04 billion, a P/E ratio of 39.11 and a beta of 0.54. The stock’s 50 day moving average is $14.97 and its 200 day moving average is $16.41.
In related news, EVP Joanne R. Ryder sold 27,496 shares of the business’s stock in a transaction on Wednesday, April 26th. The shares were sold at an average price of $16.66, for a total value of $458,083.36. Following the completion of the transaction, the executive vice president now directly owns 38,283 shares in the company, valued at approximately $637,794.78. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 5.80% of the company’s stock.
Several research firms recently issued reports on BNCL. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $16.50 target price on shares of Beneficial Bancorp in a research note on Wednesday, April 5th. BidaskClub upgraded shares of Beneficial Bancorp from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th.
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Beneficial Bancorp Company Profile
Beneficial Mutual Bancorp, Inc is a savings and loan holding company. The Company’s business activities are the ownership of Beneficial Bank (the Bank). The Bank has also operated under the name Beneficial Mutual Savings Bank. The Bank is a Pennsylvania chartered savings bank. It attracts deposits from the general public and uses those funds to originate a variety of loans, including commercial real estate loans, consumer loans, home equity loans, one- to four-family real estate loans, commercial business loans and construction loans.
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