Timberland Bancorp (NASDAQ:TSBK) Announces Earnings Results

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

Timberland Bancorp Stock Up 0.4 %

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

Timberland Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, November 15th. This is an increase from Timberland Bancorp’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a yield of 3.39%. Timberland Bancorp’s dividend payout ratio (DPR) is 33.33%.

Insiders Place Their Bets

In other news, COO Jonathan Arthur Fischer sold 1,790 shares of the 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 sale, the chief operating officer now directly owns 4,550 shares of the company’s stock, valued at approximately $150,241. This represents a 28.23 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 4,111 shares of company stock worth $135,819 over the last 90 days. Corporate insiders own 3.70% of the company’s stock.

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.