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Territorial Bancorp: 1Q Earnings Snapshot

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HONOLULU (AP) _ Territorial Bancorp Inc. (TBNK) on Thursday reported first-quarter earnings of $6.5 million.

The Honolulu-based bank said it had earnings of 70 cents per share.

The holding company for Territorial Savings Bank posted revenue of $22.1 million in the period. Its revenue net of interest expense was $18.3 million, which topped Street forecasts.

Territorial Bancorp shares have climbed nearly 10 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $28.50, a drop of roughly 5 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TBNK at https://www.zacks.com/ap/TBNK