Timberland Bancorp (NASDAQ:TSBK) Issues Earnings Results

Timberland Bancorp (NASDAQ:TSBK) issued its quarterly earnings data on Tuesday. The savings and loans company reported $0.98 EPS for the quarter, Zacks reports. Timberland Bancorp had a return on equity of 11.67% and a net margin of 26.22%.

Timberland Bancorp Stock Performance

NASDAQ:TSBK traded up $0.43 during trading on Tuesday, reaching $44.43. The company’s stock had a trading volume of 21,677 shares, compared to its average volume of 30,714. Timberland Bancorp has a 12 month low of $30.52 and a 12 month high of $45.63. The firm has a market cap of $347.89 million, a price-to-earnings ratio of 11.36 and a beta of 0.31. The firm has a 50 day moving average of $42.70 and a 200-day moving average of $40.34. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 1.01.

Insider Buying and Selling at Timberland Bancorp

In related news, Director David Alan Smith sold 1,000 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $43.90, for a total transaction of $43,900.00. Following the completion of the transaction, the director owned 18,468 shares in the company, valued at approximately $810,745.20. This represents a 5.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC grew its position in shares of Timberland Bancorp by 20,325.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock valued at $25,000 after acquiring an additional 813 shares during the period. Strs Ohio purchased a new position in Timberland Bancorp in the first quarter valued at approximately $33,000. Raymond James Financial Inc. bought a new position in Timberland Bancorp during the second quarter valued at $62,000. Tower Research Capital LLC TRC grew its holdings in Timberland Bancorp by 610.2% during the second quarter. Tower Research Capital LLC TRC now owns 2,024 shares of the savings and loans company’s stock valued at $63,000 after purchasing an additional 1,739 shares during the period. Finally, BNP Paribas Financial Markets increased its position in Timberland Bancorp by 230.3% in the third quarter. BNP Paribas Financial Markets now owns 3,329 shares of the savings and loans company’s stock worth $111,000 after buying an additional 2,321 shares during the last quarter. 65.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of Timberland Bancorp in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc is the bank holding company for Timberland Bank, a Washington-chartered commercial bank serving individuals and businesses in southwestern Washington. The company conducts its operations through Timberland Bank, offering a range of community banking services tailored to local market needs. As a publicly traded company on the NASDAQ under the symbol TSBK, Timberland Bancorp focuses on delivering personalized financial solutions while maintaining a community-oriented approach.

Timberland Bank’s core products include deposit accounts such as checking, savings and money market accounts, certificates of deposit and retirement accounts.