Last $13.35 USD
Change Today +0.06 / 0.45%
Volume 25.6K
BNCL On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 11:24 AM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

beneficial mutual bancorp in (BNCL) Snapshot

Open
$13.43
Previous Close
$13.29
Day High
$13.45
Day Low
$13.28
52 Week High
03/7/14 - $14.35
52 Week Low
11/21/13 - $9.96
Market Cap
1.0B
Average Volume 10 Days
104.4K
EPS TTM
$0.23
Shares Outstanding
75.2M
EX-Date
--
P/E TM
58.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for BENEFICIAL MUTUAL BANCORP IN (BNCL)

Related News

No related news articles were found.

beneficial mutual bancorp in (BNCL) Related Businessweek News

No Related Businessweek News Found

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: 10/17/14
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 Third Quarter and Nine Months Ended September 30, 2014

Beneficial Mutual Bancorp Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total interest income of $34,966,000 against $37,307,000 for the same period last year. Net interest income was $29,431,000 against $30,791,000 for the same period last year. Income before income taxes was $9,146,000 against $4,085,000 for the same period last year. Net income was $6,524,000 or $0.09 per basic and diluted share against $3,500,000 or $0.05 per basic and diluted share for the same period last year. Return on average assets was 0.58%. Return on average equity was 4.22%. Net interest income after provision for loan losses was $30,981,000 against $29,291,000 for the same period last year. The decrease in net interest income was primarily the result of a decline in the average balance of investments and a reduction in the average interest rate earned on loans, partially offset by a reduction of 5 basis points in the average cost of liabilities and $237.9 million in the average balance of municipal deposits. For the nine months, the company reported total interest income of $104,856,000 against $112,968,000 for the same period last year. Net interest income was $88,178,000 against $93,585,000 for the same period last year. Income before income taxes was $17,630,000 against $11,154,000 for the same period last year. Net income was $13,571,000 or $0.18 per diluted share against $9,619,000 or $0.13 per diluted share for the same period last year. Return on average assets was 0.41% against 0.27% for the same period last year. Return on average equity was 2.97% against 2.06% for the same period last year. Net interest income after provision for loan losses was $87,978,000 against $82,085,000 for the same period last year. 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 $213.1 million decrease in the average balance of municipal deposits.

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.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BNCL:US $13.35 USD +0.06

BNCL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dime Community Bancshares Inc $15.40 USD +0.02
Kearny Financial Corp $14.36 USD +0.19
National Bank Holdings Corp $19.33 USD -0.01
S&T Bancorp Inc $27.90 USD +0.35
TrustCo Bank Corp NY $7.03 USD +0.01
View Industry Companies
 

Industry Analysis

BNCL

Industry Average

Valuation BNCL Industry Range
Price/Earnings 59.9x
Price/Sales 6.9x
Price/Book 1.6x
Price/Cash Flow 60.4x
TEV/Sales 3.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BENEFICIAL MUTUAL BANCORP IN, please visit www.thebeneficial.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.