Somewhat Positive Press Coverage Somewhat Unlikely to Impact Bank Mutual Corporation (BKMU) Share Price
News headlines about Bank Mutual Corporation (NASDAQ:BKMU) have trended somewhat positive on Monday, Accern reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Bank Mutual Corporation earned a news impact score of 0.15 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.3011390738781 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Several research firms recently weighed in on BKMU. Zacks Investment Research downgraded Bank Mutual Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Bank Mutual Corporation in a research note on Sunday, July 23rd. Finally, Hovde Group downgraded Bank Mutual Corporation from an “outperform” rating to a “market perform” rating and set a $10.50 price objective for the company. in a research note on Friday, July 21st.
Bank Mutual Corporation (NASDAQ:BKMU) traded down 0.52% during trading on Monday, reaching $9.65. The company had a trading volume of 245,462 shares. The company has a 50-day moving average of $9.37 and a 200-day moving average of $9.46. The firm has a market capitalization of $443.24 million, a P/E ratio of 26.81 and a beta of 0.55. Bank Mutual Corporation has a 52-week low of $7.31 and a 52-week high of $10.20.
Bank Mutual Corporation (NASDAQ:BKMU) last announced its earnings results on Thursday, July 20th. The financial services provider reported $0.09 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.09. Bank Mutual Corporation had a return on equity of 5.67% and a net margin of 14.77%. The firm had revenue of $24.71 million for the quarter, compared to analysts’ expectations of $25.10 million. Analysts expect that Bank Mutual Corporation will post $0.37 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Investors of record on Friday, August 18th will be issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 2.29%. Bank Mutual Corporation’s payout ratio is 61.11%.
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Bank Mutual Corporation Company Profile
Bank Mutual Corporation is a savings and loan holding company. The Company owns Bank Mutual (the Bank), a federally-chartered savings bank. The Bank is engaged in the business of community banking, which includes attracting deposits from and making loans to the general public and private businesses, as well as governmental and non-profit entities.
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