Beneficial Mutual Bancorp, Inc. Announces Third Quarter 2010 Results; EPS ($.28)

Beneficial Mutual Bancorp, Inc. BNCL today announced its financial results for the three and nine months ended September 30, 2010. Beneficial recorded a net loss of $21.7 million, or $0.28 per share, for the quarter ended September 30, 2010, compared to net income of $5.8 million, or $0.07 per share, for the quarter ended September 30, 2009. A net loss for the nine months ended September 30, 2010 totaled $8.6 million, or $0.11 per share, compared to net income of $10.9 million, or $0.14 per share for the nine months ended September 30, 2009.