Timberland Bancorp, Inc. $TSBK Holdings Trimmed by Royce & Associates LP

Royce & Associates LP lowered its position in shares of Timberland Bancorp, Inc. (NASDAQ:TSBK) by 8.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 263,115 shares of the savings and loans company’s stock after selling 25,799 shares during the quarter. Royce & Associates LP’s holdings in Timberland Bancorp were worth $9,420,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of TSBK. Empowered Funds LLC boosted its stake in Timberland Bancorp by 3.7% during the first quarter. Empowered Funds LLC now owns 53,481 shares of the savings and loans company’s stock valued at $1,612,000 after buying an additional 1,909 shares in the last quarter. Jane Street Group LLC bought a new position in Timberland Bancorp during the first quarter valued at about $235,000. Strs Ohio bought a new position in Timberland Bancorp during the first quarter valued at about $33,000. Geode Capital Management LLC boosted its stake in Timberland Bancorp by 0.9% during the second quarter. Geode Capital Management LLC now owns 175,399 shares of the savings and loans company’s stock valued at $5,473,000 after buying an additional 1,484 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Timberland Bancorp by 4.4% during the second quarter. Rhumbline Advisers now owns 7,420 shares of the savings and loans company’s stock valued at $232,000 after buying an additional 315 shares in the last quarter. Institutional investors own 65.49% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on TSBK. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Timberland Bancorp in a research note on Friday, March 27th. Wall Street Zen cut Timberland Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

Timberland Bancorp Trading Down 0.1%

Shares of NASDAQ TSBK opened at $40.96 on Friday. Timberland Bancorp, Inc. has a 12 month low of $29.30 and a 12 month high of $43.55. The company has a market cap of $320.72 million, a price-to-earnings ratio of 10.48 and a beta of 0.32. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.07. The business has a fifty day simple moving average of $40.36 and a 200-day simple moving average of $37.98.

Timberland Bancorp (NASDAQ:TSBK) last announced its earnings results on Thursday, April 30th. The savings and loans company reported $0.90 EPS for the quarter. Timberland Bancorp had a return on equity of 11.67% and a net margin of 26.22%.The business had revenue of $20.90 million during the quarter.

Timberland Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, May 8th. Timberland Bancorp’s dividend payout ratio is currently 29.67%.

About Timberland Bancorp

Timberland Bancorp, Inc is the bank holding company for Timberland Bank, a Washington-chartered commercial bank serving individuals and businesses in southwestern Washington. The company conducts its operations through Timberland Bank, offering a range of community banking services tailored to local market needs. As a publicly traded company on the NASDAQ under the symbol TSBK, Timberland Bancorp focuses on delivering personalized financial solutions while maintaining a community-oriented approach.

Timberland Bank’s core products include deposit accounts such as checking, savings and money market accounts, certificates of deposit and retirement accounts.