Timberland Bancorp (NASDAQ:TSBK) Releases Quarterly Earnings Results

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

Timberland Bancorp Stock Down 0.9%

Timberland Bancorp stock traded down $0.44 on Friday, hitting $46.82. 15,490 shares of the stock traded hands, compared to its average volume of 30,547. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.04. The firm has a market cap of $364.07 million, a P/E ratio of 11.73 and a beta of 0.31. The business’s fifty day simple moving average is $45.88 and its 200 day simple moving average is $42.28. Timberland Bancorp has a 1 year low of $31.45 and a 1 year high of $49.38.

Analyst Ratings Changes

Separately, Weiss Ratings raised Timberland Bancorp from a “buy (a-)” rating to a “buy (a)” rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

About Timberland Bancorp

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.