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Territorial Bancorp: 2Q Earnings Snapshot

HONOLULU (AP) _ Territorial Bancorp Inc. (TBNK) on Thursday reported second-quarter net income of $5.1 million.

The bank, based in Honolulu, said it had earnings of 54 cents per share.

The holding company for Territorial Savings Bank posted revenue of $20.4 million in the period. Its revenue net of interest expense was $15.9 million, beating Street forecasts.

Territorial Bancorp shares have risen 10% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $28.65, a decrease of 6% in the last 12 months.


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