Beneficial Mutual Bancorp Inc. (BNCL) Reaches New 52-Week High at $14.84
Shares of Beneficial Mutual Bancorp Inc. (NASDAQ:BNCL) reached a new 52-week high on Monday . The company traded as high as $14.84 and last traded at $14.76, with a volume of 387,524 shares trading hands. The stock had previously closed at $14.63.
The firm’s 50 day moving average price is $14.00 and its 200-day moving average price is $13.53. The firm has a market cap of $1.06 billion and a PE ratio of 64.68.
Beneficial Mutual Bancorp (NASDAQ:BNCL) last announced its quarterly earnings results on Friday, July 22nd. The company reported $0.04 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.04. During the same period last year, the firm earned $0.09 EPS. Analysts anticipate that Beneficial Mutual Bancorp Inc. will post $0.41 EPS for the current year.
The business also recently declared 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 was Thursday, July 28th.
In other news, CEO Gerard P. Cuddy sold 30,000 shares of the 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 approximately $555,180.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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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