Territorial Bancorp Inc.
Territorial Bancorp Inc. (TBNK) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Territorial Bancorp Inc. (TBNK), featuring income statements, balance sheets, and cash flow data.
Territorial Bancorp Inc. (TBNK) Income Statement & Financial Overview
Review Territorial Bancorp Inc. TBNK income statement with detailed quarterly and annual figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $8.28M | $8.10M | $18.75M | $18.58M |
| Cost of Revenue | $0.00 | $29000.00 | $0.00 | $0.00 |
| Gross Profit | $8.28M | $8.07M | $18.75M | $18.58M |
| Gross Profit Ratio | $1.00 | $1.00 | $1.00 | $1.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $10.51M | $6.85M | $6.89M | $1.54M |
| Operating Expenses | $10.51M | $8.10M | $2.14M | $2.04M |
| Total Costs & Expenses | $10.51M | $8.10M | $19.81M | $19.31M |
| Interest Income | $17.91M | $18.31M | $18.09M | $593000.00 |
| Interest Expense | $10.70M | $10.83M | $9.86M | $2.40M |
| Depreciation & Amortization | $1.56M | $942000.00 | $952000.00 | $242000.00 |
| EBITDA | -$2.90M | -$987000.00 | $0.00 | $0.00 |
| EBITDA Ratio | -$0.35 | -$0.12 | $0.00 | $0.00 |
| Operating Income | -$2.23M | -$1.93M | -$667000.00 | $16.55M |
| Operating Income Ratio | -$0.27 | -$0.24 | -$0.04 | $0.89 |
| Other Income/Expenses (Net) | -$770000.00 | $0.00 | -$393000.00 | -$496000.00 |
| Income Before Tax | -$3.00M | -$1.93M | -$1.06M | -$725000.00 |
| Income Before Tax Ratio | -$0.36 | -$0.24 | -$0.06 | -$0.04 |
| Income Tax Expense | -$1.28M | -$611000.00 | -$285000.00 | -$243000.00 |
| Net Income | -$1.72M | -$1.32M | -$775000.00 | -$482000.00 |
| Net Income Ratio | -$0.21 | -$0.16 | -$0.04 | -$0.03 |
| EPS | -$0.20 | -$0.15 | -$0.09 | -$0.06 |
| Diluted EPS | -$0.20 | -$0.15 | -$0.09 | -$0.06 |
| Weighted Avg Shares Outstanding | $8.62M | $8.62M | $8.61M | $8.59M |
| Weighted Avg Shares Outstanding (Diluted) | $8.63M | $8.62M | $8.61M | $8.59M |
Financial performance has remained strong, with revenue growing from $18.58M in Q1 2024 to $8.28M in Q4 2024. Gross profit continued to perform well, with margins at 100% in the latest quarter. Operating income reached -$2.23M in Q4 2024, holding a steady -27% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$2.90M. Net income dropped to -$1.72M, keeping EPS at -$0.20. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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