Timberland Bancorp (NASDAQ:TSBK) Shares Cross Above 200 Day Moving Average – What’s Next?

Timberland Bancorp, Inc. (NASDAQ:TSBK)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $38.26 and traded as high as $42.00. Timberland Bancorp shares last traded at $41.59, with a volume of 15,671 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on TSBK. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Timberland Bancorp in a research note on Friday, March 27th. Wall Street Zen lowered shares of Timberland Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Timberland Bancorp Stock Up 0.7%

The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.07. The stock’s 50-day moving average is $40.61 and its 200-day moving average is $38.26. The company has a market cap of $325.65 million, a price-to-earnings ratio of 10.64 and a beta of 0.32.

Timberland Bancorp (NASDAQ:TSBK) last released its earnings results on Thursday, April 30th. The savings and loans company reported $0.90 earnings per share (EPS) for the quarter. Timberland Bancorp had a net margin of 26.22% and a return on equity of 11.67%. The company had revenue of $20.90 million for the quarter.

Timberland Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, May 8th. Timberland Bancorp’s payout ratio is presently 29.67%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Panagora Asset Management Inc. lifted its position in shares of Timberland Bancorp by 3.3% during the 4th quarter. Panagora Asset Management Inc. now owns 30,448 shares of the savings and loans company’s stock valued at $1,090,000 after acquiring an additional 964 shares during the period. Barclays PLC raised its holdings in Timberland Bancorp by 36.1% during the third quarter. Barclays PLC now owns 30,966 shares of the savings and loans company’s stock worth $1,031,000 after buying an additional 8,209 shares during the last quarter. Creative Planning raised its holdings in Timberland Bancorp by 3.2% during the third quarter. Creative Planning now owns 24,808 shares of the savings and loans company’s stock worth $826,000 after buying an additional 772 shares during the last quarter. Hsbc Holdings PLC raised its holdings in Timberland Bancorp by 18.4% during the second quarter. Hsbc Holdings PLC now owns 15,634 shares of the savings and loans company’s stock worth $496,000 after buying an additional 2,434 shares during the last quarter. Finally, Millennium Management LLC acquired a new position in Timberland Bancorp during the fourth quarter worth $453,000. Institutional investors and hedge funds own 65.49% of the company’s stock.

About Timberland Bancorp

Timberland Bancorp, Inc is the bank holding company for Timberland Bank, a Washington-chartered commercial bank serving individuals and businesses in southwestern Washington. The company conducts its operations through Timberland Bank, offering a range of community banking services tailored to local market needs. As a publicly traded company on the NASDAQ under the symbol TSBK, Timberland Bancorp focuses on delivering personalized financial solutions while maintaining a community-oriented approach.

Timberland Bank’s core products include deposit accounts such as checking, savings and money market accounts, certificates of deposit and retirement accounts.