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Stock impact report

Timberland Bancorp, Inc. Added to Russell® 2000 Index

Timberland Bancorp, Inc. (TSBK) 
US:NASDAQ Investor Relations: timberlandbank.com/investor-relations
Company Research Source: GlobeNewswire
HOQUIAM, Wash., July 05, 2017 (GLOBE NEWSWIRE) -- Timberland Bancorp, Inc. (Nasdaq:TSBK) (“Timberland” or the “Company”), the holding company for Timberland Bank (the “Bank”) announced it was added to the Russell 3000® Index and the Russell 2000® Index when Russell investments reconstituted its comprehensive set of U.S. and global equity indexes on June 26, 2017.     “Being added to the Russell indexes is a milestone for Timberland, and we are happy to have earned this distinction,” said Michael Sand, President and CEO of Timberland.  “Inclusion in these market benchmarks is expected to raise our profile with institutional investors and support trading of our shares.” The Russell indexes are widely used by investment managers and institutional investors for both index funds and as benchmarks for passive and active investment strategies.  In the U.S. marketplace, almost all of the U.S. equity assets are benchmarked by the Russell 3000, representing more than $8.5 trillion.  The Com Show less Read more
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