AP NEWS

Territorial Bancorp: 4Q Earnings Snapshot

January 22, 2019

HONOLULU (AP) _ Territorial Bancorp Inc. (TBNK) on Tuesday reported fourth-quarter profit of $4.6 million.

The bank, based in Honolulu, said it had earnings of 50 cents per share.

The holding company for Territorial Savings Bank posted revenue of $19.4 million in the period. Its revenue net of interest expense was $15.7 million, meeting Street forecasts.

For the year, the company reported profit of $19.2 million, or $2.03 per share. Revenue was reported as $62.9 million.

Territorial Bancorp shares have climbed 3.5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $26.89, a decline of 15 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TBNK at https://www.zacks.com/ap/TBNK

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