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Regional Northeast Banks

Beneficial Mutual Bancorp Inc, with the stock symbol BNCL, is a bank holding company for Beneficial Bank, a community bank that provides a range of financial services to individuals, businesses, and municipalities. The company is based in Philadelphia, Pennsylvania, and its stock is listed on the NASDAQ stock exchange.

Financial Information:

As of December 31, 2020, Beneficial Mutual Bancorp Inc had total assets of approximately $6.1 billion, total loans of approximately $4.5 billion, and total deposits of approximately $5.2 billion. The company's net interest margin was 2.99% for the year ended December 31, 2020.

Earnings and Growth:

Beneficial Mutual Bancorp Inc reported net income of $31.4 million for the year ended December 31, 2020, compared to $25.4 million for the same period in 2019, representing a year-over-year increase of 23.6%. The company's earnings per share (EPS) were $1.51 for the year ended December 31, 2020, compared to $1.22 for the same period in 2019, representing a year-over-year increase of 23.7%.

The company has shown consistent growth over the past few years, with total assets increasing from $4.5 billion in 2017 to $6.1 billion in 2020, and total loans increasing from $3.3 billion in 2017 to $4.5 billion in 2020. The company's net interest income has also grown from $151.3 million in 2017 to $180.5 million in 2020, representing a compound annual growth rate (CAGR) of 7.6%.

Dividends:

Beneficial Mutual Bancorp Inc pays a quarterly dividend to its shareholders. As of the time of this writing, the company's quarterly dividend is $0.15 per share, representing an annualized yield of approximately 1.4% based on the current stock price. The company has increased its dividend in each of the past three years, reflecting its strong financial performance and commitment to shareholder returns.

Overall, Beneficial Mutual Bancorp Inc is a well-established community bank with a solid financial position, consistent earnings growth, and a commitment to shareholder returns through dividends. The company's focus on serving the financial needs of individuals, businesses, and municipalities in its local communities has enabled it to build a loyal customer base and generate steady profit growth. However, as with any investment, potential investors should conduct their own research and due diligence before making an investment decision.