U.S. Markets closed

Territorial Bancorp: 4Q Earnings Snapshot

HONOLULU (AP) _ Territorial Bancorp Inc. (TBNK) on Thursday reported fourth-quarter earnings of $5 million.

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

The holding company for Territorial Savings Bank posted revenue of $19.8 million in the period. Its revenue net of interest expense was $15.5 million, exceeding Street forecasts.

For the year, the company reported profit of $22 million, or $2.34 per share. Revenue was reported as $66.4 million.

Territorial Bancorp shares have dropped 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $30, a rise of slightly more than 8% 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