Company Quick10K Filing
Beneficial Bancorp
Price13.82 EPS0
Shares75 P/E30
MCap1,034 P/FCF16
Net Debt-852 EBIT69
TEV181 TEV/EBIT3
TTM 2018-12-31, in MM, except price, ratios
10-K 2018-12-31 Filed 2019-02-26
10-Q 2018-09-30 Filed 2018-11-07
10-Q 2018-06-30 Filed 2018-07-26
10-Q 2018-03-31 Filed 2018-04-26
10-K 2017-12-31 Filed 2018-02-28
10-Q 2017-09-30 Filed 2017-10-26
10-Q 2017-06-30 Filed 2017-07-27
10-Q 2017-03-31 Filed 2017-04-27
10-K 2016-12-31 Filed 2017-02-27
10-Q 2016-09-30 Filed 2016-10-27
10-Q 2016-06-30 Filed 2016-07-28
10-Q 2016-03-31 Filed 2016-04-28
10-K 2015-12-31 Filed 2016-02-26
10-Q 2015-09-30 Filed 2015-10-29
10-Q 2015-06-30 Filed 2015-07-30
10-Q 2015-03-31 Filed 2015-04-30
10-K 2014-12-31 Filed 2015-02-26
10-Q 2014-09-30 Filed 2014-12-10
8-K 2019-02-01
8-K 2019-02-01
8-K 2018-12-06
8-K 2018-11-29
8-K 2018-10-19
8-K 2018-08-08
8-K 2018-08-07
8-K 2018-07-20
8-K 2018-06-12
8-K 2018-04-20
8-K 2018-04-19
8-K 2018-04-19
8-K 2018-02-13
8-K 2018-02-01

BNCL 8K Current Report

Item 5.07 Submission of Matters To A Vote of Security Holders.
Item 8.01 Other Events.
Item 9.01 Financial Statements and Other Exhibits.
EX-99.1 a18-41241_1ex99d1.htm

Beneficial Bancorp Report 2018-12-06

8-K 1 a18-41241_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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):  December 6, 2018

 

BENEFICIAL BANCORP, INC.

(Exact name of registrant as specified in its charter)

 

Maryland

 

001-36806

 

47-1569198

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

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

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code:  (215) 864-6000

 

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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

 

 

 


 

Item 5.07    Submission of Matters to a Vote of Security Holders.

 

A special meeting of the stockholders (the “Special Meeting”) of Beneficial Bancorp, Inc. (the “Company”) was held on December 6, 2018.  The final results for the matters submitted to a vote of the stockholders of the Company at the Special Meeting are as follows:

 

1.                                      The proposal to approve an Agreement and Plan of Reorganization, dated as of August 7, 2018, as amended on November 1, 2018, by and between the Company and WSFS Financial Corporation (“WSFS”), pursuant to which the Company will merge with and into WSFS (the “Merger”) (the “Merger Proposal”).

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER
NON-VOTES

 

56,735,800

 

2,687,452

 

423,112

 

 

 

2.                                      The proposal to approve, on a non-binding advisory basis, the compensation that may become payable to the Company’s named executive officers in connection with the Merger.

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER
NON-VOTES

 

19,995,454

 

39,287,946

 

562,964

 

 

 

Item 8.01    Other Events.

 

On December 6, 2018, the Company issued a press release announcing that its stockholders had approved the Merger at the Special Meeting. A copy of the Company’s press release dated December 6, 2018 is attached to this Report as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01    Financial Statements and Other Exhibits.

 

(d)    Exhibits

 

Number

 

Description

99.1

 

Press Release dated December 6, 2018

 

2


 

SIGNATURES

 

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 hereunto duly authorized.

 

 

 

BENEFICIAL BANCORP, INC.

 

(Registrant)

 

 

 

 

 

 

Date: December 6, 2018

By:

/s/ Thomas D. Cestare

 

 

Thomas D. Cestare

 

 

Executive Vice President and

 

 

Chief Financial Officer

 

3