Territorial stock up 50% in debut - Business News

Full story: Honolulu Star-Bulletin

Territorial Bancorp Inc., the state's fifth-largest bank, enriched its depositors yesterday and left outside investors scrambling for shares as the company skyrocketed nearly 50 percent in its initial public offering.
Comments
1 - 3 of 3 Comments Last updated Jul 14, 2009
wait

Honolulu, HI

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#1
Jul 14, 2009
 
even good IPOs sell off a bit afterwards
if you didn't get in
wait till the price trails off
Yuck

Hilo, HI

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#2
Jul 14, 2009
 
We need to get rid of banks!!!! They are useless institutions. Pay depositors nothing and make a nice profit giving out expensive loans. Great job Territorial.
Look

Hilo, HI

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#3
Jul 14, 2009
 
net interest margin --- SIN.
The government should have let all the banks fail along with Wall Street.
The consumer should be able to borrow directly from the FED for %0 on all loans. Nobody should be paying their hard earned cash to enrich bankers.

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