Timberland Bancorp (NASDAQ:TSBK) Issues Quarterly Earnings Results

Timberland Bancorp (NASDAQ:TSBK) posted its quarterly earnings data on Thursday. The savings and loans company reported $1.04 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $22.78 million during the quarter. Timberland Bancorp had a net margin of 26.46% and a return on equity of 11.72%.

Timberland Bancorp Stock Performance

TSBK traded down $0.44 during midday trading on Friday, reaching $46.82. The company had a trading volume of 15,490 shares, compared to its average volume of 30,547. Timberland Bancorp has a 1 year low of $31.45 and a 1 year high of $49.38. The business has a 50-day moving average of $45.88 and a two-hundred day moving average of $42.28. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.04. The company has a market cap of $364.07 million, a P/E ratio of 11.73 and a beta of 0.31.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Timberland Bancorp from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc is the holding company for Timberland Bank, a community banking institution headquartered in Hoquiam, Washington. The bank serves individuals, families, businesses and public-sector organizations in communities across western Washington.

Timberland Bank offers deposit products, including checking, savings, money market and certificate accounts, along with consumer and commercial lending. Its loan portfolio includes residential real estate, commercial real estate, construction and land development, agricultural, small-business and consumer loans.