Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) declared a quarterly dividend on Tuesday, July 22nd, Wall Street Journal reports. Stockholders of record on Friday, August 8th will be given a dividend of 0.26 per share by the savings and loans company on Friday, August 22nd. This represents a $1.04 annualized dividend and a dividend yield of 3.13%. The ex-dividend date of this dividend is Friday, August 8th.
Timberland Bancorp Trading Down 0.1%
NASDAQ:TSBK traded down $0.02 during mid-day trading on Friday, reaching $33.19. 2,970 shares of the company's stock traded hands, compared to its average volume of 11,767. Timberland Bancorp has a 12-month low of $26.09 and a 12-month high of $34.95. The firm has a market capitalization of $262.20 million, a price-to-earnings ratio of 9.76 and a beta of 0.47. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.99 and a quick ratio of 0.99. The company has a 50 day moving average price of $31.32 and a 200-day moving average price of $30.53.
Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The savings and loans company reported $0.90 earnings per share (EPS) for the quarter. Timberland Bancorp had a return on equity of 10.87% and a net margin of 24.19%. The company had revenue of $20.50 million for the quarter.
Institutional Trading of Timberland Bancorp
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Strs Ohio purchased a new stake in shares of Timberland Bancorp in the 1st quarter worth approximately $33,000. Jane Street Group LLC purchased a new stake in Timberland Bancorp during the 1st quarter valued at $235,000. Finally, Empowered Funds LLC boosted its stake in Timberland Bancorp by 3.7% during the 1st quarter. Empowered Funds LLC now owns 53,481 shares of the savings and loans company's stock valued at $1,612,000 after purchasing an additional 1,909 shares during the last quarter. Hedge funds and other institutional investors own 65.49% of the company's stock.
Analysts Set New Price Targets
Separately, Wall Street Zen downgraded Timberland Bancorp from a "buy" rating to a "hold" rating in a report on Wednesday, May 21st.
Read Our Latest Research Report on TSBK
Timberland Bancorp Company Profile
(
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Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, and commercial real estate loans; and construction lending products, such as custom and owner/builder, speculative one- to four-family, commercial, multi-family, land development, and land development.
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