Timberland Bancorp (NASDAQ:TSBK) Issues Earnings Results

Timberland Bancorp (NASDAQ:TSBK) posted its quarterly earnings results on Monday. The savings and loans company reported $0.86 earnings per share for the quarter, Zacks reports. Timberland Bancorp had a net margin of 22.92% and a return on equity of 10.09%.

Timberland Bancorp Trading Up 0.4 %

Shares of TSBK stock opened at $29.52 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.97 and a quick ratio of 0.97. The business has a 50-day moving average of $31.19 and a 200 day moving average of $30.39. The stock has a market capitalization of $235.22 million, a PE ratio of 9.84 and a beta of 0.68. Timberland Bancorp has a 1-year low of $23.93 and a 1-year high of $33.98.

Timberland Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date of this dividend was Friday, November 15th. This is a positive change from Timberland Bancorp’s previous quarterly dividend of $0.24. Timberland Bancorp’s payout ratio is 33.33%.

Insider Buying and Selling at Timberland Bancorp

In other Timberland Bancorp news, COO Jonathan Arthur Fischer sold 1,790 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $33.02, for a total value of $59,105.80. Following the transaction, the chief operating officer now owns 4,550 shares in the company, valued at approximately $150,241. The trade was a 28.23 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders sold 4,111 shares of company stock worth $135,819. 3.70% of the stock is currently owned by insiders.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, and commercial real estate loans; and construction lending products, such as custom and owner/builder, speculative one- to four-family, commercial, multi-family, land development, and land development.