Territorial Bancorp Inc. Announces Results of Annual Meeting
On June 11, 2020, Territorial Bancorp Inc. (NASDAQ: TBNK) held its 2020 Annual Meeting of Stockholders in Honolulu, Hawaii.
Sentiment and the balance of points
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Rhea-AI Summary
On June 11, 2020, Territorial Bancorp Inc. (NASDAQ: TBNK) held its 2020 Annual Meeting of Stockholders in Honolulu, Hawaii. The Company announced the re-election of Board members Howard Y. Ikeda and David S. Murakami for three-year terms. Stockholders also ratified Moss Adams LLP as the independent public accounting firm for the fiscal year ending December 31, 2020, and approved executive officer compensation on an advisory basis. Territorial Savings Bank, founded in 1921, operates 29 branches across Hawaii.
Positive
- Board members Ikeda and Murakami re-elected for three-year terms.
- Moss Adams LLP ratified as independent accounting firm for 2020.
Negative
- None.
Details
News Market Reaction – TBNK
The recorded move for TBNK in the trading session of this news was +5.32%.
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HONOLULU, June 11, 2020 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc., (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces the results of its 2020 Annual Meeting of Stockholders held on June 11, 2020.
Two members of the Board of Directors, Howard Y. Ikeda and David S. Murakami, were each elected to serve for a three-year term. Stockholders also ratified the appointment of Moss Adams LLP as the independent registered public accounting firm for the Company for the year ending December 31, 2020 and approved the Company’s compensation of named executive officers on an advisory basis.
Territorial Savings Bank is a state chartered savings bank that was originally chartered in 1921 by the Territory of Hawaii. Territorial Savings Bank conducts business from its headquarters in Honolulu, Hawaii and has 29 branch offices in the State of Hawaii.
| Contact: | Walter Ida | |
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