Edition:
United States

Blue Hills Bancorp Inc (BHBK.OQ)

BHBK.OQ on NASDAQ Stock Exchange Global Select Market

24.00USD
19 Oct 2018
Change (% chg)

$0.19 (+0.80%)
Prev Close
$23.81
Open
$23.71
Day's High
$24.21
Day's Low
$23.66
Volume
59,472
Avg. Vol
31,228
52-wk High
$25.75
52-wk Low
$18.45

Latest Key Developments (Source: Significant Developments)

Independent Bank And Blue Hills Bancorp Sign Merger Agreement
Thursday, 20 Sep 2018 04:15pm EDT 

Sept 20 (Reuters) - Independent Bank Corp ::INDEPENDENT BANK CORP. AND BLUE HILLS BANCORP, INC. SIGN MERGER AGREEMENT FOR ROCKLAND TRUST COMPANY TO ACQUIRE BLUE HILLS BANK.INDEPENDENT BANK - EACH BLUE HILLS BANCORP STOCKHOLDER TO GET 0.2308 OF A SHARE OF INDEPENDENT STOCK, $5.25 IN CASH FOR EACH SHARE OF BLUE HILLS BANCORP.INDEPENDENT BANK CORP - INDEPENDENT ANTICIPATES ISSUING APPROXIMATELY 6.2 MILLION SHARES OF ITS COMMON STOCK IN MERGER.INDEPENDENT BANK CORP - TRANSACTION IS VALUED AT APPROXIMATELY $726.5 MILLION.INDEPENDENT BANK CORP - ACQUISITION WILL BE ABOUT 4% ACCRETIVE TO 2019 EARNINGS PER SHARE, EXCLUDING ONE-TIME COSTS.INDEPENDENT BANK CORP - ANTICIPATES EXCLUDING ONE-TIME COSTS, ACQUISITION WILL BE ABOU T4.5% ACCRETIVE TO 2020 EARNINGS PER SHARE.INDEPENDENT BANK CORP - MERGER RELATED CHARGES ARE EXPECTED TO BE ABOUT $36.0 MILLION BEFORE TAX INCURRED IN 2018, 2019.INDEPENDENT BANK CORP - ESTIMATES DEAL TO GENERATE INTERNAL RATE OF RETURN OF ABOUT 16%, DEAL WILL BE NEUTRAL TO TANGIBLE BOOK VALUE PER SHARE.INDEPENDENT BANK CORP - BOARDS OF DIRECTORS OF EACH COMPANY HAVE UNANIMOUSLY APPROVED TRANSACTION.INDEPENDENT BANK CORP - DEAL INTENDED TO QUALIFY AS A TAX-FREE REORGANIZATION FOR FEDERAL INCOME TAX PURPOSES.INDEPENDENT BANK CORP - DEAL PROVIDES, EFFECTIVE AS OF AND CONTINGENT UPON MERGER, CO TO ADD 3 BLUE HILLS BANCORP DIRECTORS TO ITS BOARD.  Full Article

Blue Hills Bancorp Q2 Earnings Per Share $0.26
Wednesday, 25 Jul 2018 07:00am EDT 

July 25 (Reuters) - Blue Hills Bancorp Inc ::BLUE HILLS BANCORP, INC. REPORTS SECOND QUARTER EARNINGS.Q2 EARNINGS PER SHARE $0.26.Q2 EARNINGS PER SHARE VIEW $0.21 -- THOMSON REUTERS I/B/E/S.Q2 NON-GAAP EARNINGS PER SHARE $0.25.NET INTEREST AND DIVIDEND INCOME WAS $19.0 MILLION IN Q2 OF 2018, UP $2.6 MILLION, OR 16%, FROM Q2 OF 2017.BOARD VOTED TO INCREASE REGULAR QUARTERLY CASH DIVIDEND TO $0.20 PER SHARE.  Full Article

Blue Hills Bancorp Reports Q4 Earnings Per Share $0.05
Monday, 29 Jan 2018 04:00pm EST 

Jan 29 (Reuters) - Blue Hills Bancorp Inc ::BLUE HILLS BANCORP, INC. REPORTS FOURTH QUARTER AND ANNUAL EARNINGS.Q4 EARNINGS PER SHARE $0.05.Q4 EARNINGS PER SHARE VIEW $0.16 -- THOMSON REUTERS I/B/E/S.Q4 NON-GAAP EARNINGS PER SHARE $0.16 EXCLUDING ITEMS.‍NET INTEREST AND DIVIDEND INCOME ON A FULLY TAXABLE EQUIVALENT BASIS WAS $17.9 MILLION IN Q4, UP 5%, FROM $17.0 MILLION IN Q3 OF 2017​.BLUE HILLS BANCORP - Q4 INCLUDED ADDITIONAL INCOME TAX EXPENSE OF ABOUT $2.5 MILLION, OR $0.10 PER DILUTED SHARE, RELATED TO TAX CUTS AND JOBS ACT.  Full Article

Blue Hills Bancorp reports Q3 non-GAAP earnings per share $0.16 excluding items
Wednesday, 25 Oct 2017 04:00pm EDT 

Oct 25 (Reuters) - Blue Hills Bancorp Inc :Blue Hills Bancorp, Inc. reports third quarter earnings.Q3 non-GAAP earnings per share $0.16 excluding items.Q3 earnings per share view $0.15 -- Thomson Reuters I/B/E/S.Blue Hills Bancorp Inc qtrly ‍ reported net interest and dividend income was $17.0 million in Q3 of 2017 up $2.5 million, or 17%, from $14.5 million in Q3 of 2016​.Blue Hills Bancorp Inc - qtrly earnings per share ‍$0.16​.  Full Article

BRIEF-Blue Hills Bancorp Q1 Earnings Per Share $0.27

* REPORTED NET INTEREST AND DIVIDEND INCOME WAS $18.4 MILLION IN Q1 2018, UP 16%, Source text for Eikon: Further company coverage: