Territorial Bancorp Inc (NASDAQ:TBNK) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 9, 2016
Boasting a price of $28.85, Territorial Bancorp Inc (NASDAQ:TBNK) traded 0.24% higher on the day. With the last stock price close up 6.84% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Territorial Bancorp Inc has recorded a 50-day average of $28.66 and a two hundred day average of $26.97. Volume of trade was down over the average, with 10,336 shares of TBNK changing hands under the typical 18,412
Zacks Investment Research has downgraded Territorial Bancorp Inc (NASDAQ:TBNK) to Hold in a statement released on Wednesday October 05, 2016.
On Friday April 29, 2016, Compass Point released a statement for Territorial Bancorp Inc (NASDAQ:TBNK) bumped up the target price from $31.00 to $32.00 that suggested an upside of 0.21%.
With a total market value of $0, Territorial Bancorp Inc has price-earnings ratio of 17.57 with a one year low of $24.87 and a one year high of $29.44 .
A total of 3 equity analysts have released a ratings update on TBNK. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $28.67.
Brief Synopsis About Territorial Bancorp Inc (NASDAQ:TBNK)
Territorial Bancorp Inc. is a bank holding company. The Company owns Territorial Savings Bank (the Bank). The Bank provides financial services to individuals, families and businesses through its approximately 30 banking offices located throughout the State of Hawaii. Its business consists of accepting deposits from the general public and investing those deposits together with funds generated from operations and borrowings in one- to four-family residential mortgage loans and investment securities. It offers a range of deposit accounts, including passbook and statement savings accounts, certificates of deposit (CDs), money market accounts, commercial and regular checking accounts, and Super NOW accounts. It also offers various non-deposit investments to its customers. Its primary lending activity is the origination of one- to four-family residential mortgage loans. Its primary source of funds for its investment and lending activities includes deposits.
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