Timberland Bancorp (NASDAQ:TSBK) Releases Earnings Results

Timberland Bancorp (NASDAQ:TSBK) issued its quarterly earnings data on Tuesday. The savings and loans company reported $0.85 earnings per share for the quarter, Zacks reports. Timberland Bancorp had a net margin of 22.88% and a return on equity of 10.20%. The firm had revenue of $19.90 million for the quarter.

Timberland Bancorp Stock Performance

Shares of TSBK opened at $30.63 on Thursday. Timberland Bancorp has a 52-week low of $24.26 and a 52-week high of $33.98. The firm has a market capitalization of $243.69 million, a PE ratio of 9.91 and a beta of 0.46. The firm has a 50-day moving average price of $30.01 and a 200 day moving average price of $30.59. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.08.

Timberland Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be issued a $0.26 dividend. The ex-dividend date is Friday, May 9th. This represents a $1.04 annualized dividend and a yield of 3.40%. This is an increase from Timberland Bancorp’s previous quarterly dividend of $0.25. Timberland Bancorp’s dividend payout ratio is presently 32.36%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Timberland Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, February 21st.

About Timberland Bancorp

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.