Timberland Bancorp (NASDAQ:TSBK) Director David Alan Smith Sells 1,000 Shares

Timberland Bancorp, Inc. (NASDAQ:TSBK) Director David Alan Smith sold 1,000 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $43.90, for a total transaction of $43,900.00. Following the transaction, the director owned 18,468 shares of the company’s stock, valued at $810,745.20. This represents a 5.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Timberland Bancorp Trading Up 1.7%

Shares of NASDAQ:TSBK opened at $44.61 on Thursday. The company has a market cap of $349.30 million, a PE ratio of 11.41 and a beta of 0.32. The company’s 50-day moving average price is $41.11 and its 200 day moving average price is $39.09. Timberland Bancorp, Inc. has a fifty-two week low of $30.00 and a fifty-two week high of $45.28. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.07.

Timberland Bancorp (NASDAQ:TSBK) last posted its earnings results on Thursday, April 30th. The savings and loans company reported $0.90 earnings per share (EPS) for the quarter. Timberland Bancorp had a net margin of 26.22% and a return on equity of 11.67%. The firm had revenue of $20.90 million during the quarter.

Timberland Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were given a dividend of $0.29 per share. The ex-dividend date was Friday, May 8th. This represents a $1.16 annualized dividend and a dividend yield of 2.6%. Timberland Bancorp’s payout ratio is currently 29.67%.

Hedge Funds Weigh In On Timberland Bancorp

Several large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its stake in shares of Timberland Bancorp by 20,325.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock worth $25,000 after acquiring an additional 813 shares during the period. Strs Ohio acquired a new position in shares of Timberland Bancorp during the first quarter valued at approximately $33,000. Raymond James Financial Inc. bought a new stake in Timberland Bancorp during the second quarter worth approximately $62,000. Tower Research Capital LLC TRC lifted its position in Timberland Bancorp by 610.2% in the second quarter. Tower Research Capital LLC TRC now owns 2,024 shares of the savings and loans company’s stock worth $63,000 after purchasing an additional 1,739 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in Timberland Bancorp by 230.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,329 shares of the savings and loans company’s stock valued at $111,000 after purchasing an additional 2,321 shares in the last quarter. Institutional investors and hedge funds own 65.49% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Timberland Bancorp in a research report on Friday, March 27th. One analyst has rated the stock with a Buy rating, According to 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.