Timberland Bancorp (NASDAQ:TSBK) Issues Quarterly Earnings Results

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

Timberland Bancorp Stock Performance

Shares of Timberland Bancorp stock traded down $0.44 on Friday, hitting $46.82. The stock had a trading volume of 15,490 shares, compared to its average volume of 30,547. The stock has a market cap of $364.07 million, a price-to-earnings ratio of 11.73 and a beta of 0.31. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.04. Timberland Bancorp has a twelve month low of $31.45 and a twelve month high of $49.38. The business’s 50 day moving average is $45.88 and its two-hundred day moving average is $42.28.

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 research analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat, the company presently 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.