Beneficial Bancorp (BNCL) Set to Announce Quarterly Earnings on Thursday
Beneficial Bancorp (NASDAQ:BNCL) is set to release its earnings data on Thursday, April 19th. Analysts expect Beneficial Bancorp to post earnings of $0.14 per share for the quarter.
Beneficial Bancorp (NASDAQ:BNCL) last issued its earnings results on Thursday, February 1st. The bank reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.01. The firm had revenue of $52.12 million for the quarter, compared to analysts’ expectations of $46.17 million. Beneficial Bancorp had a net margin of 10.56% and a return on equity of 3.58%. During the same quarter last year, the company earned $0.10 earnings per share.
Shares of NASDAQ:BNCL opened at $15.60 on Tuesday. The company has a market capitalization of $1,177.69, a P/E ratio of 31.20 and a beta of 0.52. Beneficial Bancorp has a fifty-two week low of $14.30 and a fifty-two week high of $17.50. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.10 and a current ratio of 1.10.
In other Beneficial Bancorp news, Director Roy D. Yates sold 20,000 shares of the stock in a transaction that occurred on Thursday, March 15th. The shares were sold at an average price of $15.80, for a total value of $316,000.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Martin F. Gallagher, Jr. sold 35,000 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $15.37, for a total transaction of $537,950.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 109,995 shares of company stock worth $1,690,974. 5.50% of the stock is owned by corporate insiders.
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Beneficial Bancorp Company Profile
Beneficial Bancorp, Inc, together with its subsidiaries, provides consumer and commercial banking services to individuals, businesses, and nonprofit organizations in Philadelphia and Southern New Jersey area. The company accepts various deposit products, including non-interest bearing demand deposits, such as individual checking accounts; interest-bearing demand accounts comprising NOW, municipal, and money market accounts; savings accounts; certificates of deposit; and commercial checking accounts, as well as checking accounts primarily for small businesses.
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