Equities analysts expect that Bank Mutual Corporation (NASDAQ:BKMU) will report earnings of $0.10 per share for the current quarter, Zacks reports. Two analysts have made estimates for Bank Mutual Corporation’s earnings. Bank Mutual Corporation also reported earnings of $0.10 per share during the same quarter last year. The firm is expected to report its next quarterly earnings report on Wednesday, October 18th.

On average, analysts expect that Bank Mutual Corporation will report full year earnings of $0.38 per share for the current fiscal year. For the next fiscal year, analysts forecast that the business will post earnings of $0.46 per share, with EPS estimates ranging from $0.45 to $0.46. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that cover Bank Mutual Corporation.

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, meeting the consensus estimate of $0.09. The business had revenue of $24.71 million for the quarter, compared to the consensus estimate of $25.10 million. Bank Mutual Corporation had a return on equity of 5.67% and a net margin of 14.77%.

Several analysts recently weighed in on BKMU shares. Zacks Investment Research downgraded Bank Mutual Corporation from a “buy” rating to a “hold” rating in a research note on Monday, June 26th. Hovde Group cut Bank Mutual Corporation from an “outperform” rating to a “market perform” rating and set a $10.50 price target for the company. in a report on Friday, July 21st. BidaskClub cut Bank Mutual Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Bank Mutual Corporation in a report on Sunday, July 23rd. Five investment analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and an average target price of $9.58.

Hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in shares of Bank Mutual Corporation by 5.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,682,828 shares of the financial services provider’s stock valued at $24,548,000 after purchasing an additional 135,017 shares during the period. Vanguard Group Inc. increased its position in shares of Bank Mutual Corporation by 2.7% in the second quarter. Vanguard Group Inc. now owns 2,523,326 shares of the financial services provider’s stock valued at $23,088,000 after acquiring an additional 66,250 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Bank Mutual Corporation by 0.7% in the first quarter. Renaissance Technologies LLC now owns 2,040,153 shares of the financial services provider’s stock valued at $19,177,000 after acquiring an additional 13,830 shares during the last quarter. State Street Corp increased its position in shares of Bank Mutual Corporation by 8.6% in the second quarter. State Street Corp now owns 1,124,040 shares of the financial services provider’s stock valued at $10,288,000 after acquiring an additional 88,581 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Bank Mutual Corporation by 3.2% in the first quarter. Bank of New York Mellon Corp now owns 691,393 shares of the financial services provider’s stock valued at $6,499,000 after acquiring an additional 21,144 shares during the last quarter. 56.08% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Bank Mutual Corporation (BKMU) traded up 2.19% during midday trading on Thursday, hitting $9.35. The company had a trading volume of 294,099 shares. The firm has a market cap of $429.46 million, a price-to-earnings ratio of 25.97 and a beta of 0.57. Bank Mutual Corporation has a one year low of $7.53 and a one year high of $10.20. The company’s 50 day moving average is $9.45 and its 200 day moving average is $9.42.

The business also recently declared a quarterly dividend, which was paid on Monday, August 28th. Stockholders of record on Friday, August 18th were given a $0.055 dividend. The ex-dividend date of this dividend was Wednesday, August 16th. This represents a $0.22 annualized dividend and a dividend yield of 2.35%. Bank Mutual Corporation’s dividend payout ratio is currently 61.11%.

About Bank Mutual Corporation

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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Earnings History and Estimates for Bank Mutual Corporation (NASDAQ:BKMU)

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