Beneficial Bancorp, Inc. is a stock holding company of Beneficial Bank (the Bank). The Bank is a Pennsylvania chartered bank. The Bank offers consumer and commercial banking services to individuals, businesses and nonprofit organizations through over 60 offices throughout the Philadelphia and Southern New Jersey area. It offers traditional financial services to consumers and businesses in its market areas. The Company offers various loans, including commercial real estate loans, consumer loans, one- to four-family real estate loans, home equity loans, construction loans and others. Its investment securities portfolio includes securities available-for-sale and securities held-to-maturity. Its sources of funds include deposits, borrowings, and loan and investment repayments for lending and other investment purposes. It offers insurance brokerage and investment advisory services through its subsidiaries, Beneficial Insurance Services, LLC and Beneficial Advisors, LLC, respectively.