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EX-99.1 - EX-99.1 - Beneficial Bancorp Inc.a17-3544_1ex99d1.htm

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): January 26, 2017

 

BENEFICIAL BANCORP, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Maryland

 

001-36806

 

47-1569198

(State or other jurisdiction of

 

(Commission

 

(IRS Employer

incorporation or organization)

 

File Number)

 

Identification No.)

 

Beneficial Bank Place, 1818 Market Street, Philadelphia, Pennsylvania 19103

(Address of principal executive offices) (Zip Code)

 

(215) 864-6000

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 2.02                                           Results of Operations and Financial Condition.

 

On February 1, 2017, Beneficial Bancorp, Inc. (the “Company”), the holding company for Beneficial Bank, issued a press release announcing its financial results for the three and twelve months ended December 31, 2016.  For more information, reference is made to the Company’s press release dated February 1, 2017, a copy of which is attached to this Report as Exhibit 99.1 and is furnished herewith.

 

Item 8.01              Other Events.

 

On January 26, 2017, the Board of Directors of the Company declared a cash dividend of $0.06 per share, payable on or after February 23, 2017, to common stockholders of record at the close of business on February 13, 2017.

 

Item 9.01              Financial Statements and Exhibits.

 

(d)           Exhibits.

 

Exhibit No.

 

Description of Exhibit

 

 

 

99.1

 

Press Release Dated February 1, 2017

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

BENEFICIAL BANCORP, INC.

 

 

 

 

 

 

Date: February 1, 2017

By:

/s/ Thomas D. Cestare

 

 

Thomas D. Cestare

 

 

Executive Vice President and

 

 

Chief Financial Officer

 

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