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 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 stock’s 50-day moving average is $13.84 and its 200 day moving average is $13.47. The company has a market cap of $1.04 billion and a P/E ratio of 63.33.
Beneficial Mutual Bancorp (NASDAQ:BNCL) last released its quarterly earnings data on Friday, July 22nd. The company reported $0.04 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.04. During the same quarter in the prior year, the business posted $0.09 EPS. On average, equities analysts forecast that Beneficial Mutual Bancorp Inc. will post $0.41 EPS for the current fiscal year.
The firm also recently disclosed an annual dividend, which was paid on Thursday, August 11th. Shareholders 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 Beneficial Mutual Bancorp news, CEO Gerard P. Cuddy sold 30,000 shares of the stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $14.39, for a total transaction of $431,700.00. Following the completion of the transaction, the chief executive officer now owns 38,581 shares in the company, valued at $555,180.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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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