Timberland Bancorp (NASDAQ:TSBK) Posts Earnings Results

Timberland Bancorp (NASDAQ:TSBK) announced its 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 firm had revenue of $22.78 million for the quarter.

Timberland Bancorp Price Performance

Shares of NASDAQ TSBK traded down $0.44 during mid-day trading on Friday, reaching $46.82. The company had a trading volume of 15,490 shares, compared to its average volume of 30,547. The firm has a market cap of $364.07 million, a price-to-earnings ratio of 11.73 and a beta of 0.31. The business’s 50-day simple moving average is $45.88 and its 200 day simple moving average is $42.28. Timberland Bancorp has a one year low of $31.45 and a one year high of $49.38. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.00 and a current ratio of 1.00.

Wall Street Analyst Weigh In

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