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Territorial Bancorp: 3Q Earnings Snapshot

Territorial Bancorp: 3Q Earnings Snapshot

HONOLULU (AP) _ Territorial Bancorp Inc. (TBNK) on Thursday reported third-quarter profit of $4.8 million.

The bank, based in Honolulu, said it had earnings of 51 cents per share.

The holding company for Territorial Savings Bank posted revenue of $19 million in the period. Its revenue net of interest expense was $15.5 million, which fell short of Street forecasts.

Territorial Bancorp shares have fallen 11 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $27.60, a fall of 16 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

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