Headlines about Bank Mutual Corporation (NASDAQ:BKMU) have been trending somewhat positive on Friday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bank Mutual Corporation earned a news impact score of 0.08 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 12 out of 100, meaning that recent news coverage is very unlikely to have an effect on the company’s share price in the next few days.
Shares of Bank Mutual Corporation (NASDAQ:BKMU) traded down 1.06% during midday trading on Friday, hitting $9.35. The stock had a trading volume of 177,160 shares. The stock’s 50-day moving average is $9.45 and its 200-day moving average is $9.47. Bank Mutual Corporation has a 12 month low of $7.52 and a 12 month high of $10.20. The stock has a market cap of $429.46 million, a PE ratio of 25.97 and a beta of 0.55.
Bank Mutual Corporation (NASDAQ:BKMU) last announced its quarterly earnings results on Thursday, July 20th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.09. The firm had revenue of $24.71 million for the quarter, compared to the consensus estimate of $25.10 million. Bank Mutual Corporation had a return on equity of 5.67% and a net margin of 14.77%. Equities analysts anticipate that Bank Mutual Corporation will post $0.37 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, August 28th. Stockholders of record on Friday, August 18th will be issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Wednesday, August 16th. Bank Mutual Corporation’s payout ratio is currently 61.11%.
BKMU has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of Bank Mutual Corporation from a “buy” rating to a “hold” rating in a research report on Monday, June 26th. Hovde Group cut Bank Mutual Corporation from an “outperform” rating to a “market perform” rating and set a $10.50 price target on the stock. in a report on Friday, July 21st. Keefe, Bruyette & Woods restated a “hold” rating on shares of Bank Mutual Corporation in a report on Sunday, July 23rd. Finally, BidaskClub cut Bank Mutual Corporation from a “buy” rating to a “hold” rating in a report on Tuesday. Five investment analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus target price of $9.58.
About Bank Mutual Corporation
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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