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Stock impact report

Timberland Bancorp Reports Second Fiscal Quarter Net Income of $5.71 Million

Timberland Bancorp, Inc. (TSBK) 
US:NASDAQ Investor Relations: timberlandbank.com/investor-relations
Company Research Source: GlobeNewswire
Quarterly EPS of $0.70Quarterly Return on Average Assets of 1.22%Quarterly Net Interest Margin of 3.48%Net Loans Increased by 12% Year-Over-YearDeposits Increased by 6% Year-Over-YearAnnounces Quarterly Cash Dividend HOQUIAM, Wash., April 23, 2024 (GLOBE NEWSWIRE) -- Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or “the Company”), the holding company for Timberland Bank (the “Bank”), today reported net income of $5.71 million, or $0.70 per diluted common share, for the quarter ended March 31, 2024. This compares to net income of $6.30 million, or $0.77 per diluted common share, for the preceding quarter and $6.66 million, or $0.80 per diluted common share, for the comparable quarter one year ago. For the first six months of fiscal 2024, Timberland’s net income decreased 15% to $12.00 million, or $1.47 per diluted common share, compared to $14.17 million, or $1.70 per diluted common share for the first six months of fiscal 2023. “Our second quarter of fiscal year 2024 ope Show less Read more
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