Timberland Bancorp, Inc. (TSBK) Releases Earnings Results
Timberland Bancorp, Inc. (NASDAQ:TSBK) issued its earnings results on Tuesday. The savings and loans company reported $0.58 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Timberland Bancorp had a return on equity of 11.65% and a net margin of 24.04%. The business had revenue of $12.40 million during the quarter.
Shares of Timberland Bancorp (TSBK) traded up 1.72% during mid-day trading on Thursday, hitting $27.16. The stock had a trading volume of 22,721 shares. Timberland Bancorp has a one year low of $14.79 and a one year high of $27.56. The firm has a market cap of $197.26 million, a price-to-earnings ratio of 16.96 and a beta of 0.41. The company has a 50-day moving average of $24.79 and a 200 day moving average of $22.52.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Friday, August 11th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date is Wednesday, August 9th. Timberland Bancorp’s payout ratio is currently 27.67%.
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In other news, SVP Marci A. Basich sold 2,900 shares of the stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $22.45, for a total transaction of $65,105.00. Following the transaction, the senior vice president now owns 600 shares of the company’s stock, valued at approximately $13,470. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 6.30% of the company’s stock.
Timberland Bancorp Company Profile
Timberland Bancorp, Inc is the holding company for Timberland Savings Bank, SSB (the Bank). The Bank is a community-oriented bank, which offers a range of savings products to its retail customers while concentrating its lending activities on real estate mortgage loans and commercial business loans. The Bank offers personal banking solutions, business solutions, lending solutions and additional services.
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