Territorial Bancorp (TBNK) AI Stock Analysis

• Market Cap: $73.57M
• Dividend Yield: 0.48%
• Average Volume (3M): 8.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.35
• Revenue Growth: 4.69%
• EPS Growth: -186.98%
• Country: US
• Employees: 240
• Sector: Financial
• Sector Strength: 81
• Industry: Banking
• EPS (TTM): -0.50
• Shares Outstanding: 8,832,210
• 10 Day Avg. Volume: 10,558
• 30 Day Avg. Volume: 8,026
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.02
• Price to Cash Flow (P/CF): -3.70
• P/FCF Ratio: 3.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Territorial Bancorp is currently facing several financial challenges, including declining revenue and profitability, and increased leverage, which significantly impacts its stock performance. Despite a stable equity ratio and positive operating cash flow, the technical indicators suggest bearish momentum, and the valuation metrics reflect current difficulties with a negative P/E ratio. The high dividend yield offers some investor appeal but may not be sustainable long-term if financial issues are not addressed.

Territorial Bancorp Business Overview & Revenue Model

Company Description

Territorial Bancorp Inc. (TBNK) is a Hawaii-based holding company for Territorial Savings Bank, which is primarily engaged in providing financial services to individuals and businesses. Operating in the banking sector, the company offers a range of products and services including residential mortgage loans, commercial real estate loans, consumer loans, and savings and checking accounts. Territorial Bancorp is committed to serving the financial needs of its community, leveraging its local expertise and personalized customer service.

How the Company Makes Money

Territorial Bancorp makes money through interest income generated from its loan portfolio, which includes residential mortgage loans and commercial real estate loans. The company earns interest from borrowers who take out loans and pay it back over time, typically with interest. Additionally, the bank gathers funds through customer deposits, such as savings and checking accounts, which are used to fund loans and investments. The spread between the interest earned on loans and the interest paid on deposits is a significant source of revenue. Furthermore, the company may generate non-interest income from fees and service charges associated with account maintenance and other banking services. Territorial Bancorp's earnings are influenced by economic conditions, interest rates, and competition within the banking sector.

Territorial Bancorp Financial Statement Overview

Summary

Territorial Bancorp is facing financial challenges with declining revenue and profitability in the TTM period. The company's leverage has increased, posing potential risks. However, it maintains a stable equity ratio and positive operating cash flow, which could support future recovery efforts.

Income Statement

Territorial Bancorp experienced a decline in revenue and net income over the TTM (Trailing-Twelve-Months) period. The gross profit margin was consistent, but the net profit margin was negative due to a net loss. The revenue growth rate was negative, indicating a decrease in revenue compared to the previous year. The EBIT margin was positive, showing some operational efficiency, but the negative EBITDA margin suggests challenges in covering operational costs.

Balance Sheet

The company's balance sheet shows a stable equity ratio, suggesting a reasonable level of equity financing. However, the debt-to-equity ratio has increased, indicating higher leverage and potential risk. Return on equity has turned negative due to the net loss, highlighting profitability concerns.

Cash Flow

Cash flow analysis reveals a decline in free cash flow, but the company still generates positive operating cash flow relative to the net income, despite being negative. Free cash flow to net income ratio is concerning due to the net loss, although the company has managed its capital expenditures efficiently.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
63.73M	45.10M	59.70M	60.50M	64.37M	66.37M
	Gross Profit
63.73M	45.10M	59.70M	60.50M	64.37M	66.37M
	EBIT
30.86M	6.84M	25.57M	23.80M	25.32M	28.31M
	EBITDA
-987.00K	10.75M	25.60M	28.02M	29.83M	32.24M
	Net Income Common Stockholders
-2.24M	5.03M	16.16M	17.43M	18.61M	22.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
37.99M	126.66M	61.37M	99.86M	367.11M	53.43M
	Total Assets
2.06B	2.24B	2.17B	2.13B	2.11B	2.09B
	Total Debt
117.29M	259.30M	156.29M	151.74M	154.12M	168.18M
	Net Debt
93.63M	132.64M	115.74M	51.88M	-209.42M	123.38M
	Total Liabilities
1.83B	1.99B	1.91B	1.87B	1.86B	1.84B
	Stockholders Equity
238.84M	251.09M	256.55M	256.32M	248.71M	243.89M
Cash Flow		Free Cash Flow
-4.29M	7.57M	11.95M	12.16M	19.23M	21.61M
	Operating Cash Flow
-4.19M	8.26M	16.67M	12.52M	20.99M	22.33M
	Investing Cash Flow
69.01M	16.87M	-95.25M	-283.01M	298.28M	-6.04M
	Financing Cash Flow
-10.81M	60.98M	19.28M	6.80M	-533.00K	-18.55M

Territorial Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TBNK, the sentiment is Negative. The current price of 8.25 is below the 20-day moving average (MA) of 8.40, below the 50-day MA of 8.84, and below the 200-day MA of 9.40, indicating a bearish trend. The MACD of -0.19 indicates Negative momentum. The RSI at 44.03 is Neutral, neither overbought nor oversold. The STOCH value of 15.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TBNK.

Territorial Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ESSA	74 Outperform	$194.77M	11.00	7.30%	3.13%	11.38%	-6.14%
OCFC	73 Outperform	$962.68M	9.98	5.95%	4.76%	7.54%	-2.82%
HFWA	72 Outperform	$788.59M	18.72	5.04%	4.01%	4.64%	-28.68%
MBWM	70 Outperform	$710.43M	8.87	14.38%	3.21%	19.24%	-3.88%
WSBF	65 Neutral	$260.24M	13.40	5.47%	4.45%	12.23%	119.35%
Sector *	63 Neutral	$13.85B	10.47	9.22%	4.23%	17.31%	-7.79%
TBNK	47 Neutral	$73.57M	―	-1.72%	0.48%	4.69%	-186.98%