Timberland Bancorp (NASDAQ:TSBK - Get Free Report) posted its quarterly earnings results on Tuesday. The savings and loans company reported $0.85 earnings per share for the quarter, Zacks reports. Timberland Bancorp had a return on equity of 10.20% and a net margin of 22.88%. The business had revenue of $19.90 million for the quarter.
Timberland Bancorp Stock Performance
Shares of Timberland Bancorp stock traded down $0.86 on Friday, hitting $29.40. The stock had a trading volume of 23,736 shares, compared to its average volume of 13,003. The stock has a market cap of $233.91 million, a price-to-earnings ratio of 9.51 and a beta of 0.46. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.08. Timberland Bancorp has a twelve month low of $24.26 and a twelve month high of $33.98. The business's 50 day moving average is $29.98 and its two-hundred day moving average is $30.62.
Timberland Bancorp Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.54%. The ex-dividend date of this dividend is Friday, May 9th. This is a boost from Timberland Bancorp's previous quarterly dividend of $0.25. Timberland Bancorp's payout ratio is currently 32.10%.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of Timberland Bancorp from a "buy" rating to a "hold" rating in a research report on Friday, February 21st.
Get Our Latest Analysis on Timberland Bancorp
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.
Further Reading
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