Beneficial Mutual posts 1Q profit

Associated Press |

PHILADELPHIA (AP) _ Beneficial Mutual Bancorp Inc. (BNCL) on Friday reported first-quarter net income of $8.4 million.

The Philadelphia-based bank said it had earnings of 11 cents per share.

The bank holding company posted revenue of $54.5 million in the period. Its adjusted revenue was $47.8 million.



Beneficial Mutual shares have fallen 11 percent since the beginning of the year. The stock has climbed 17 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BNCL at https://www.zacks.com/ap/BNCL

Keywords: Beneficial Mutual Bancorp, Earnings Report

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