Timberland Bancorp (NASDAQ:TSBK) COO Jonathan Arthur Fischer Sells 2,000 Shares of Stock

Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer sold 2,000 shares of Timberland Bancorp stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $39.50, for a total value of $79,000.00. Following the transaction, the chief operating officer owned 6,550 shares of the company’s stock, valued at $258,725. The trade was a 23.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Timberland Bancorp Stock Up 0.0%

Shares of TSBK opened at $39.63 on Friday. The company has a market capitalization of $312.28 million, a price-to-earnings ratio of 10.27 and a beta of 0.36. Timberland Bancorp, Inc. has a 52 week low of $27.51 and a 52 week high of $40.41. The stock’s 50-day moving average price is $36.57 and its 200-day moving average price is $34.29. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.08.

Timberland Bancorp (NASDAQ:TSBK) last announced its quarterly earnings results on Tuesday, January 27th. The savings and loans company reported $1.04 earnings per share (EPS) for the quarter. The company had revenue of $21.71 million during the quarter. Timberland Bancorp had a return on equity of 11.86% and a net margin of 26.17%.

Timberland Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, February 13th. This is a positive change from Timberland Bancorp’s previous quarterly dividend of $0.28. Timberland Bancorp’s payout ratio is currently 29.02%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Weiss Ratings restated a “buy (b)” rating on shares of Timberland Bancorp in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Timberland Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Timberland Bancorp has a consensus rating of “Buy”.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TSBK. EverSource Wealth Advisors LLC grew its holdings in shares of Timberland Bancorp by 20,325.0% during the second quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock worth $25,000 after buying an additional 813 shares in the last quarter. Strs Ohio purchased a new stake in Timberland Bancorp during the 1st quarter valued at about $33,000. Raymond James Financial Inc. acquired a new stake in Timberland Bancorp in the 2nd quarter valued at about $62,000. Tower Research Capital LLC TRC lifted its stake in Timberland Bancorp by 610.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,024 shares of the savings and loans company’s stock worth $63,000 after purchasing an additional 1,739 shares in the last quarter. Finally, CWM LLC lifted its stake in Timberland Bancorp by 304.8% in the 3rd quarter. CWM LLC now owns 1,935 shares of the savings and loans company’s stock worth $64,000 after purchasing an additional 1,457 shares in the last quarter. Hedge funds and other institutional investors own 65.49% of the company’s stock.

Timberland Bancorp Company Profile

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.