Bank Mutual (BKMU) Scheduled to Post Earnings on Tuesday
Bank Mutual (NASDAQ:BKMU) is scheduled to be announcing its earnings results after the market closes on Tuesday, January 16th. Analysts expect the company to announce earnings of $0.11 per share for the quarter.
Bank Mutual (NASDAQ:BKMU) last posted its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.02). Bank Mutual had a return on equity of 5.72% and a net margin of 14.19%. The business had revenue of $24.94 million for the quarter, compared to analysts’ expectations of $24.50 million. During the same quarter in the prior year, the firm earned $0.10 earnings per share. On average, analysts expect Bank Mutual to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Bank Mutual (NASDAQ:BKMU) opened at $11.15 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 1.40. Bank Mutual has a twelve month low of $8.60 and a twelve month high of $11.30. The stock has a market capitalization of $512.21, a P/E ratio of 32.79, a price-to-earnings-growth ratio of 4.62 and a beta of 0.55.
In other news, VP Christopher L. Mayne sold 16,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $10.79, for a total value of $178,035.00. Following the completion of the sale, the vice president now directly owns 74,500 shares in the company, valued at approximately $803,855. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael W. Dosland sold 32,493 shares of the business’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $10.53, for a total value of $342,151.29. Following the completion of the sale, the insider now owns 36,907 shares of the company’s stock, valued at $388,630.71. The disclosure for this sale can be found here. Insiders sold a total of 66,893 shares of company stock valued at $709,926 over the last quarter. Company insiders own 10.00% of the company’s stock.
Several equities research analysts have issued reports on BKMU shares. BidaskClub downgraded Bank Mutual from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $11.00 price target on shares of Bank Mutual in a report on Thursday, October 19th. Finally, Zacks Investment Research downgraded Bank Mutual from a “hold” rating to a “sell” rating in a report on Wednesday, October 25th.
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About Bank Mutual
Bank Mutual Corporation is a savings and loan holding company. The Company owns Bank Mutual (the Bank), a federally-chartered savings bank. The Bank is engaged in the business of community banking, which includes attracting deposits from and making loans to the general public and private businesses, as well as governmental and non-profit entities.
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