Timberland Bancorp (NASDAQ:TSBK - Get Free Report) announced its quarterly earnings results on Tuesday. The savings and loans company reported $0.90 EPS for the quarter, Zacks reports. The business had revenue of $20.50 million during the quarter. Timberland Bancorp had a return on equity of 10.87% and a net margin of 24.19%.
Timberland Bancorp Stock Performance
Timberland Bancorp stock traded down $0.67 during trading hours on Thursday, reaching $33.72. 7,299 shares of the company were exchanged, compared to its average volume of 11,742. The firm has a market cap of $266.42 million, a price-to-earnings ratio of 9.92 and a beta of 0.47. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.08. The stock has a 50-day moving average of $31.30 and a 200 day moving average of $30.50. Timberland Bancorp has a 12 month low of $26.09 and a 12 month high of $34.95.
Timberland Bancorp Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, August 8th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $1.04 dividend on an annualized basis and a yield of 3.08%. Timberland Bancorp's payout ratio is currently 30.59%.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut Timberland Bancorp from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st.
View Our Latest Analysis on Timberland Bancorp
Institutional Investors Weigh In On Timberland Bancorp
A number of large investors have recently added to or reduced their stakes in the stock. Strs Ohio acquired a new position in shares of Timberland Bancorp during the first quarter worth approximately $33,000. Empowered Funds LLC lifted its holdings in shares of Timberland Bancorp by 3.7% during the first quarter. Empowered Funds LLC now owns 53,481 shares of the savings and loans company's stock worth $1,612,000 after buying an additional 1,909 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Timberland Bancorp during the first quarter worth approximately $235,000. Institutional investors own 65.49% of the company's stock.
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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