Timberland Bancorp (NASDAQ:TSBK) Releases Earnings Results

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

Timberland Bancorp Price Performance

Shares of TSBK stock traded down $0.44 on Friday, hitting $46.82. 15,490 shares of the company’s stock were exchanged, compared to its average volume of 30,547. Timberland Bancorp has a 12 month low of $31.45 and a 12 month high of $49.38. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $364.07 million, a P/E ratio of 11.73 and a beta of 0.31. The company has a 50 day moving average of $45.88 and a 200 day moving average of $42.28.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Timberland Bancorp from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, the stock currently 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.