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Last $7.58 USD
Change Today -0.14 / -1.81%
Volume 77.3K
BKMU On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

bank mutual corp (BKMU) Snapshot

Open
$7.73
Previous Close
$7.72
Day High
$7.76
Day Low
$7.54
52 Week High
06/26/15 - $7.84
52 Week Low
07/15/14 - $5.85
Market Cap
353.5M
Average Volume 10 Days
145.2K
EPS TTM
$0.33
Shares Outstanding
46.6M
EX-Date
05/13/15
P/E TM
23.2x
Dividend
$0.20
Dividend Yield
2.24%
Current Stock Chart for BANK MUTUAL CORP (BKMU)

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bank mutual corp (BKMU) Details

Bank Mutual Corporation operates as the holding company for Bank Mutual that provides various financial products and services in Wisconsin. The company offers regular savings accounts, interest-bearing and noninterest-bearing demand accounts, money market accounts, and certificates of deposit, as well as IRA time deposit accounts and health savings accounts for retail and business customers. It also provides multi-family and commercial real estate loans that are secured by apartment buildings, office buildings, retail centers, warehouses, and industrial buildings; construction and development loans; residential mortgage loans; and commercial and industrial loans, such as loans to businesses for equipment purchases, working capital, debt refinancing or restructuring, business acquisition or expansion, and small business administration, as well as domestic standby letters of credit. In addition, the company offers home equity loans and home equity lines of credit; and consumer loans consisting of student loans, automobile loans, recreational vehicle and boat loans, deposit account loans, and overdraft protection lines of credit, as well as unsecured consumer loans, including loans through credit card programs. Further, it provides investment services, including tax-deferred and tax-free investments, mutual funds, and government securities; brokerage services; personal, business, property, casualty, credit life, and disability insurance products; and mortgage protection products, as well as investment advisory services. As of December 31, 2014, the company operated 76 banking offices. Bank Mutual Corporation was founded in 1892 and is headquartered in Milwaukee, Wisconsin.

616 Employees
Last Reported Date: 03/6/15
Founded in 1892

bank mutual corp (BKMU) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $700.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $231.0K
Senior Vice President of Bank Mutual and Dire...
Total Annual Compensation: $234.0K
Chief Credit Officer of Bank Mutual and Senio...
Total Annual Compensation: $231.0K
Senior Vice President of Bank Mutual and Dire...
Total Annual Compensation: $220.0K
Compensation as of Fiscal Year 2014.

bank mutual corp (BKMU) Key Developments

Bank Mutual to Shutter 10% of Branch Network

Bank Mutual is planning to close 10% of its branch network on May 16, 2015. The strategic cost-cutting move, which has been announced in February 2015, will involve the closure of branches in Barron, Brillion, Cornell, Eau Claire, Green Bay, Menomonie and Peshtigo. The closures will bring Bank Mutual's total banking locations to 68 in Wisconsin and one in Minnesota, incurring one-time costs of $352,000, and will result in annual net cost savings of about $1.5 million, which the bank intends to invest in technology. The bank will sell the branch properties following the closures.

Bank Mutual Corporation Declares Quarterly Cash Dividend, Payable on May 29, 2015

Bank Mutual Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share, which was a $0.01 increase over the dividend paid in the prior quarter. The cash dividend will be paid on May 29, 2015, to shareholders of record on May 15, 2015.

Bank Mutual Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Unaudited Consolidated Net Charge-Offs for the First Quarter Ended March 31, 2015

Bank Mutual Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income of $3.6 million or $0.08 per share up 24.9% over its $2.8 million profit during the same quarter last year. Net interest income decreased 1.5% over year-ago levels to $19.7 million while non-interest income rose 12.2% to $5.5 million. Combined, revenue was up 1.6% to just under $25 million. Net interest income after provision for loan losses was $18,128,000 against $17,134,000 a year ago. Income before income tax expense was $5,617,000 against $5,270,000 a year ago. Return on average assets was 0.60% against 0.49% a year ago. Return on average shareholders' equity was 5.04% against 4.03% a year ago. Book value per share as on March 31, 2015 was $6.06. For the quarter, the company's net charge-offs was $181,000 against $1,000 a year ago.

 

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BKMU Competitors

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Horizon Bancorp/IN $24.97 USD -0.35
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QCR Holdings Inc $21.88 USD -0.02
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Industry Analysis

BKMU

Industry Average

Valuation BKMU Industry Range
Price/Earnings 22.9x
Price/Sales 3.8x
Price/Book 1.3x
Price/Cash Flow 23.0x
TEV/Sales NM Not Meaningful
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