[LETTERHEAD OF SANDLER O’NEILL + PARTNERS]
October 29, 2014
VIA EDGAR
U.S. Securities and Exchange Commission
Division of Corporation Finance
100 F Street, NE
Washington, D.C. 20549
| Re: | Beneficial Bancorp, Inc. |
Registration Statement on Form S-1
Request for Acceleration of Effectiveness
File No. 333-198282
Ladies and Gentlemen:
In accordance with Rule 461 of the Rules and Regulations of the Securities and Exchange Commission promulgated under the Securities Act of 1933, as amended, we hereby join Beneficial Bancorp, Inc. (the “Company”) in requesting that the effectiveness of the Company’s above-referenced Registration Statement on Form S-1 be accelerated so that it will become effective on Friday, October 31, 2014, at 2:00 p.m., Eastern time, or as soon thereafter as practicable.
| Very truly yours, | ||
| SANDLER O’NEILL + PARTNERS, L.P. | ||
| By: | Sandler O’Neill & Partners Corp., | |
| the sole general partner | ||
| By: | /s/ Jennifer Docherty | |
| Jennifer Docherty | ||
| Authorized Signatory |
| cc: | Michael R. Clampitt, U.S. Securities and Exchange Commission |
Erin Purnell, U.S. Securities and Exchange Commission
