Timberland Bancorp (NASDAQ:TSBK) Releases Earnings Results

Timberland Bancorp (NASDAQ:TSBK) posted its quarterly earnings results 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 %

Shares of TSBK traded up $0.13 on Monday, hitting $29.52. 10,938 shares of the stock traded hands, compared to its average volume of 10,077. The company has a market capitalization of $235.27 million, a PE ratio of 9.84 and a beta of 0.68. Timberland Bancorp has a one year low of $23.93 and a one year high of $33.98. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.97 and a current ratio of 0.97. The business has a 50 day simple moving average of $31.19 and a 200 day simple moving average of $30.39.

Timberland Bancorp Increases Dividend

The company 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 annualized dividend and a dividend yield of 3.39%. 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. Timberland Bancorp’s dividend payout ratio is currently 33.33%.

Insider Transactions at Timberland Bancorp

In other news, COO Jonathan Arthur Fischer sold 1,790 shares of Timberland Bancorp stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $33.02, for a total value of $59,105.80. Following the completion of the sale, the chief operating officer now directly owns 4,550 shares in the company, valued at $150,241. The trade was a 28.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold 4,111 shares of company stock worth $135,819 over the last quarter. 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.