Beneficial Mutual Bancorp Inc. (BNCL) Sees Strong Trading Volume
Beneficial Mutual Bancorp Inc. (NASDAQ:BNCL) saw an uptick in trading volume on Friday . 680,506 shares were traded during mid-day trading, an increase of 72% from the previous session’s volume of 395,781 shares.The stock last traded at $14.59 and had previously closed at $14.59.
The company’s 50-day moving average is $13.90 and its 200-day moving average is $13.49. The firm has a market cap of $1.04 billion and a PE ratio of 63.33.
Beneficial Mutual Bancorp (NASDAQ:BNCL) last issued its quarterly earnings results on Friday, July 22nd. The company reported $0.04 EPS for the quarter, hitting analysts’ consensus estimates of $0.04. During the same period last year, the business earned $0.09 EPS. Equities research analysts expect that Beneficial Mutual Bancorp Inc. will post $0.41 EPS for the current fiscal year.
The company also recently disclosed an annual dividend, which was paid on Thursday, August 11th. Stockholders of record on Monday, August 1st were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, July 28th.
In other news, CEO Gerard P. Cuddy sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 10th. The stock was sold at an average price of $14.39, for a total transaction of $431,700.00. Following the sale, the chief executive officer now directly owns 38,581 shares in the company, valued at $555,180.59. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Beneficial Mutual Bancorp, Inc is a savings and loan holding company. The Company’s business activities are the ownership of Beneficial Bank (the Bank). The Bank has also operated under the name Beneficial Mutual Savings Bank. The Bank is a Pennsylvania chartered savings bank. It attracts deposits from the general public and uses those funds to originate a variety of loans, including commercial real estate loans, consumer loans, home equity loans, one- to four-family real estate loans, commercial business loans and construction loans.
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