Last $13.25 USD
Change Today -0.10 / -0.75%
Volume 64.6K
BNCL On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 09/15/14 All times are local (Market data is delayed by at least 15 minutes).

beneficial mutual bancorp in (BNCL) Snapshot

Open
$13.32
Previous Close
$13.35
Day High
$13.36
Day Low
$13.21
52 Week High
03/7/14 - $14.35
52 Week Low
09/16/13 - $9.42
Market Cap
997.9M
Average Volume 10 Days
112.9K
EPS TTM
$0.19
Shares Outstanding
75.3M
EX-Date
--
P/E TM
69.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for BENEFICIAL MUTUAL BANCORP IN (BNCL)

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beneficial mutual bancorp in (BNCL) Details

Beneficial Mutual Bancorp, Inc. operates as a holding company for Beneficial Bank that provides consumer and commercial banking services to individuals, businesses, and nonprofit organizations in the Philadelphia, and southern New Jersey area. It accepts various deposit products, including non-interest bearing demand deposits comprising individual checking accounts; interest-bearing demand accounts, such as NOW, municipal, and money market accounts; savings accounts; certificates of deposit; commercial checking accounts; and checking accounts for small businesses, as well as offers cash management services consisting of remote deposit, lockbox service, and sweep accounts. The company also provides commercial loans consisting of business loans, commercial real estate loans, and commercial construction loans; consumer loans comprising automobile loans, home equity loans, and lines of credit; personal loans, such as recreational vehicles, manufactured housing and marine loans, and educational loans; and residential loans, including one-to-four family residential real estate loans and one-to-four family residential construction loans. In addition, it offers insurance brokerage and investment advisory services. The company provides its services through operating 35 banking offices in Chester, Delaware, Montgomery, Philadelphia, and Bucks Counties, Pennsylvania; and 25 banking offices in Burlington, Gloucester, and Camden Counties, New Jersey, as well as 1 lending office in Montgomery county, Pennsylvania. The company was founded in 1853 and is headquartered in Philadelphia, Pennsylvania. Beneficial Mutual Bancorp, Inc. is a subsidiary of Beneficial Savings Bank MHC.

772 Employees
Last Reported Date: 08/21/14
Founded in 1853

beneficial mutual bancorp in (BNCL) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $559.2K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $338.3K
Executive Vice President, Director of Operati...
Total Annual Compensation: $217.1K
Chief Credit Officer, Executive Vice Presiden...
Total Annual Compensation: $283.6K
Executive Vice President, Director of Brand &...
Total Annual Compensation: $254.5K
Compensation as of Fiscal Year 2013.

beneficial mutual bancorp in (BNCL) Key Developments

Beneficial Mutual Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Net Charge-Offs for the Second Quarter Ended June 30, 2014

Beneficial Mutual Bancorp Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, total interest income was $34.8 million against $37.7 million last year. Net interest income was $29.2 million against $31.2 million last year. Income before income taxes was $6.1 million against $3.3 million last year. Net income was $4.6 million or $0.06 per basic and diluted share against $2.9 million or $0.04 per basic and diluted share last year. Return on average assets was 0.41% against 0.23% for the quarter ended March 31, 2014. Return on average equity was 3.01% against 1.70% for the quarter ended March 31, 2014. The decrease in net interest income was primarily the result of a decline in the average balance of investments and loans, coupled with a reduction in the average interest rate earned on loans, partially offset by a reduction in the average cost and average balance of municipal deposits. For the six months, total interest income was $69.9 million against $75.7 million last year. Net interest income was $58.7 million against $62.8 million last year. Income before income taxes was $8.5 million against $7.1 million last year. Net income was $7.0 million or $0.09 per diluted share against $6.1 million or $0.08 per basic and diluted share last year. Return on average assets was 0.32% against 0.26% for the quarter ended March 31, 2014. Return on average equity was 2.35% against 2.00% for the quarter ended March 31, 2014. The decrease in net interest income was primarily the result of a decline in the average balance of investments and loans, coupled with a reduction in the average interest rate earned on loans, partially offset by a reduction in the average cost of liabilities and a $200.5 million decrease in the average balance of municipal deposits during 2014. Net charge-offs decreased 66.4% for the quarter ended June 30, 2014 to $1.7 million compared to $5.0 million for the quarter ended June 30, 2013.

Beneficial Mutual Bancorp Inc. Announces Amendment to its Bylaws

Effective May 15, 2014, the Board of Directors of Beneficial Mutual Bancorp Inc. amended Article III, Section 2 of the company's Bylaws to decrease the number of company directors from eleven to nine.

Beneficial Mutual Bancorp Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Announces Net Charge-Offs During the Quarter Ended March 31, 2014

Beneficial Mutual Bancorp Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, total interest income was $35.104 million against $37.962 million a year ago. Net interest income was $29.530 million against $31.566 million a year ago. Income before income taxes was $2.407 million against $3.789 million a year ago. Net income was $2.472 million or $0.03 per diluted share against $3.214 million or $0.04 per diluted share a year ago. Return on average assets was 0.23% against 0.28% a year ago. Return on average equity was 1.70% against 2.14% a year ago. The decrease in net interest income during the quarter ended March 31, 2014 compared to the same period last year was primarily the result of a decline in the average balance of investments and loans, coupled with a reduction in the average interest rate earned on loans, partially offset by a reduction in the average cost of liabilities and the run-off of approximately $206.8 million of municipal deposits from March 31, 2013. Net charge-offs during the quarter ended March 31, 2014 were $3.1 million compared to $2.7 million during the quarter ended December 31, 2013 and $4.0 million during the quarter ended March 31, 2013.

 

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BNCL

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Valuation BNCL Industry Range
Price/Earnings 74.3x
Price/Sales 7.1x
Price/Book 1.6x
Price/Cash Flow 74.4x
TEV/Sales 3.7x
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