BNCL - Beneficial Bancorp, Inc.

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
16.12
-0.04 (-0.25%)
At close: 4:02PM EDT
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Previous Close16.16
Open16.05
Bid0.00 x 4000
Ask0.00 x 900
Day's Range15.97 - 16.24
52 Week Range13.74 - 18.60
Volume1,809,120
Avg. VolumeN/A
Market CapN/A
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateOct 17, 2019 - Oct 21, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire5 months ago

    WSFS Bank Receives Key Regulatory Approval to Acquire Beneficial Bank

    WSFS Financial Corporation (WSFS) (“WSFS”) announced that its primary subsidiary, WSFS Bank, received approval from the Office of the Comptroller of the Currency (OCC) to merge Beneficial Bank, the primary subsidiary of Beneficial Bancorp, Inc. (BNCL) (“Beneficial”), into WSFS Bank.  Subject to the timely receipt of remaining regulatory approvals, WSFS and Beneficial expect to close the mergers of Beneficial and Beneficial Bank into WSFS and WSFS Bank, respectively, on Friday, March 1, 2019.  Following the closing of the mergers, WSFS will have approximately $13 billion in assets and will become the largest, longest-standing, locally-headquartered community bank for the Greater Delaware Valley. Following the closing of the mergers, both banks will continue to operate as separate brands under one legal entity (WSFS) until August 2019, when the projected system conversion and rebranding are expected to occur under the WSFS Bank name.

  • New Jersey bank to buy five Beneficial branches after WSFS deal closes
    American City Business Journals6 months ago

    New Jersey bank to buy five Beneficial branches after WSFS deal closes

    The move is part of an overall plan from Wilmington-based WSFS Financial Corp. to prune 30 branches by the time its proposed $1.5 billion acquisition of Beneficial closes in March as part of a cost-cutting plan.

  • GlobeNewswire6 months ago

    WSFS Bank and Beneficial Bank Agree to Sell Five New Jersey Retail Banking Offices to The Bank of Princeton

    WILMINGTON, Del., Feb. 04, 2019 -- WSFS Financial Corporation (Nasdaq: WSFS) (“WSFS”) and Beneficial Bancorp, Inc. (Nasdaq: BNCL) (“Beneficial”) announced that, in connection.

  • PR Newswire6 months ago

    The Bank of Princeton to Acquire Five Beneficial Bank Branches in New Jersey

    PRINCETON, N.J. and PHILADELPHIA, Feb. 4, 2019 /PRNewswire/ -- The Bank of Princeton (BPRN) and Beneficial Bancorp, Inc. ("Beneficial") (BNCL) today announced that Beneficial Bank, a wholly-owned subsidiary of Beneficial, has entered into a purchase and assumption agreement to sell five branches in Bordentown, Browns Mills, Chesterfield, Deptford, and Sicklerville, New Jersey to The Bank of Princeton.  These are the five retail banking offices previously identified by WSFS Financial Corporation ("WSFS"), and its subsidiary WSFS Bank, on December 13, 2018 as being outside of the combined core footprint of Beneficial and WSFS following the previously announced merger of the two companies, which is expected to close in the first quarter of 2019. The purchase and assumption agreement provides for the transfer by Beneficial Bank to The Bank of Princeton of $190.0 million in deposits, the land and buildings associated with four Beneficial Bank branches, and other assets, in exchange for [$2.66 million], the net book value of such other assets, and a deposit premium equal to 7.37% of the average daily deposits for 30 days ending on the third business day preceding closing.

  • GlobeNewswire6 months ago

    WSFS Bank and Beneficial Bank Agree to Sell Five New Jersey Retail Banking Offices to The Bank of Princeton

    WILMINGTON, Del., Feb. 04, 2019 -- WSFS Financial Corporation (Nasdaq: WSFS) (“WSFS”) and Beneficial Bancorp, Inc. (Nasdaq: BNCL) (“Beneficial”) announced that, in connection.

  • Associated Press6 months ago

    Beneficial Mutual: 4Q Earnings Snapshot

    The Philadelphia-based bank said it had earnings of 19 cents per share. The bank holding company posted revenue of $60.8 million in the period. Its revenue net of interest expense was $52 million, exceeding ...

  • GlobeNewswire6 months ago

    Beneficial Bancorp, Inc. Announces Quarter and Year End Results and Cash Dividend to Shareholders

    PHILADELPHIA, Feb. 01, 2019 -- Beneficial Bancorp, Inc. (“Beneficial” or the “Company”) (NASDAQ GS: BNCL), the parent company of Beneficial Bank (the “Bank”), today announced.

  • Markit6 months ago

    See what the IHS Markit Score report has to say about Beneficial Bancorp Inc.

    # Beneficial Bancorp Inc ### NASDAQ/NGS:BNCL View full report here! ## Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for BNCL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BNCL. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $513 million over the last one-month into ETFs that hold BNCL are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • GlobeNewswire7 months ago

    WSFS and Beneficial Announce Retail Banking Office Optimization Plan

    WILMINGTON, Del., Dec. 13, 2018 -- WSFS Financial Corporation (Nasdaq: WSFS) (“WSFS”) and Beneficial Bancorp, Inc. (Nasdaq: BNCL) (“Beneficial”), jointly announced a retail.

  • GlobeNewswire7 months ago

    WSFS Financial Corporation Receives Stockholder Approval to Combine with Beneficial Bancorp

    WSFS Financial Corporation (WSFS) (“WSFS”) announced today that its stockholders overwhelmingly approved the previously announced merger of Beneficial Bancorp, Inc. (BNCL) (“Beneficial”) with and into WSFS at a special meeting of stockholders held today.  As previously announced, Beneficial stockholders approved the merger at a special meeting of stockholders held on December 6, 2018. “The votes of approval by both companies’ stockholders represent another major milestone in our plan to transform WSFS Bank into the premier, locally-headquartered community bank with the size, scale and modern technologies to compete with banks of all sizes,” said Rodger Levenson, WSFS’ Executive Vice President and Chief Operating Officer who will become WSFS’ President and Chief Executive Officer on January 1, 2019.

  • Equipment leasing firm Neumann Finance hires 50+ for S. Broad offices
    American City Business Journals7 months ago

    Equipment leasing firm Neumann Finance hires 50+ for S. Broad offices

    The original plan was to have roughly 80 people there by the end of the year and 120 to 140 by the second year. But a company leader tells the Business Journal it has revised its hiring estimates.

  • WSFS extends job offers to more than 80% of Beneficial employees
    American City Business Journals7 months ago

    WSFS extends job offers to more than 80% of Beneficial employees

    More than 80 percent of Beneficial Bancorp employees received job offers from WSFS Financial Corp., which is expected to close on its $1.5 billion acquisition of its local competitor early next year. Most have accepted those offers, according to WSFS CFO Rodger Levenson, who will become CEO of the combined company.  In all, Levenson said 621 of 748 Beneficial employees were offered jobs, including all retail, customer-facing workers.

  • GlobeNewswire8 months ago

    Beneficial Bancorp, Inc. Stockholders Approve Merger with WSFS Financial Corporation

    Beneficial Bancorp, Inc. (BNCL) (“Beneficial”) announced today that its stockholders approved the previously announced merger of Beneficial with and into WSFS Financial Corporation (WSFS) (“WSFS”) at a special meeting of stockholders held today.  Subject to the receipt of all required regulatory approvals and the satisfaction of customary closing conditions, the parties expect to close the merger in the first quarter of 2019. Its principal subsidiary, Beneficial Bank, has served individuals and businesses in the Delaware Valley area since 1853. As of September 30, 2018, Beneficial Bancorp has $5.87 billion in assets on its balance sheet.

  • Beneficial SBA lending team joins Meridian instead of WSFS
    American City Business Journals8 months ago

    Beneficial SBA lending team joins Meridian instead of WSFS

    Rocco Perate and five lenders will be joining the Malvern-based bank because he said not all of his team was offered roles at WSFS and he wanted to work in an environment where the SBA team reported the commercial lending and not retail.

  • PR Newswire8 months ago

    Monteverde & Associates PC Files Class Action Lawsuit On Behalf Of Shareholders Of Beneficial Bancorp, Inc. In The U.S. District Court For The Southern District Of New York

    NEW YORK, Nov. 6, 2018 /PRNewswire/ -- Notice is hereby given that Monteverde & Associates PC has filed a class action lawsuit in the United States District Court for the Southern District of New York, Case No. 1:18-cv-09395- PGG, on behalf of public common shareholders of Beneficial Bancorp, Inc. ("Beneficial" or the "Company") (NasdaqCM:  BNCL) who held Beneficial securities on the record date October 29, 2018 (the "Class Period"), and have been harmed by Beneficial and its board of directors' (the "Board") alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the sale of the Company to WSFS Financial Corporation ("WSFS"). Pursuant to the terms of the Merger Agreement, each share of Beneficial common stock issued and outstanding will be converted into the right to receive 0.3013 shares of WSFS common stock and $2.93 in cash (the "Merger Consideration").

  • PR Newswire9 months ago

    Lifshitz & Miller LLP Announces Investigation of Beneficial Bancorp Inc., Blue Hills Bancorp, Inc., Esterline Technologies Corporation, Imperva, Inc., Integrated Device Technology, Inc., LaSalle Hotel Properties, The Navigators Group, Inc., and Nexeo Solutions, Inc.

    NEW YORK , Nov. 1, 2018 /PRNewswire/ -- Beneficial Bancorp Inc. (BNCL) Lifshitz & Miller  announces investigation into possible breaches of fiduciary duties in connection with the sale of BNCL to WSFS ...

  • Months before its own acquisition by WSFS, Beneficial sells insurance subsidiary
    American City Business Journals9 months ago

    Months before its own acquisition by WSFS, Beneficial sells insurance subsidiary

    The bank started the unit in 2005 to generate more fee business. No word on whether WSFS played a role in the sale.

  • Former Beneficial employee charged in $424,000 ID theft scheme
    American City Business Journals9 months ago

    Former Beneficial employee charged in $424,000 ID theft scheme

    The U.S. Attorney’s office in Philadelphia alleges that Reuben Thompson-Quartey “abused his position of trust” as a relationship consultant at Beneficial Bank to steal customer account information.