Key Points
- EVP Matthew Debord sold 3,805 shares at an average price of $39.53 on Feb. 2, generating $150,411.65 and cutting his position by 40.03% to 5,700 shares (worth about $225,321).
- Timberland Bancorp increased its quarterly dividend to $0.29 from $0.28 (ex-dividend Feb. 13, payable Feb. 27), an annualized $1.16 payout representing a ~3.0% yield and a 29.02% payout ratio.
- Recent financials and valuation: the company reported $1.04 EPS on $21.56M revenue for the quarter, with a market cap of $308.27M and a P/E of 10.13 (12‑month high $39.99).
Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) EVP Matthew Debord sold 3,805 shares of the company's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $39.53, for a total transaction of $150,411.65. Following the completion of the transaction, the executive vice president owned 5,700 shares in the company, valued at approximately $225,321. This trade represents a 40.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Timberland Bancorp Trading Up 0.5%
Shares of NASDAQ:TSBK opened at $39.12 on Tuesday. Timberland Bancorp, Inc. has a 12-month low of $27.51 and a 12-month high of $39.99. The stock has a market cap of $308.27 million, a PE ratio of 10.13 and a beta of 0.36. The business has a 50 day moving average of $36.19 and a 200-day moving average of $34.12. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.08.
Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The savings and loans company reported $1.04 earnings per share for the quarter. The business had revenue of $21.56 million during the quarter. Timberland Bancorp had a return on equity of 11.86% and a net margin of 26.17%.
Timberland Bancorp Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be paid a dividend of $0.29 per share. This is a boost from Timberland Bancorp's previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 13th. This represents a $1.16 dividend on an annualized basis and a yield of 3.0%. Timberland Bancorp's dividend payout ratio is 29.02%.
Wall Street Analyst Weigh In
Several brokerages have recently commented on TSBK. Wall Street Zen upgraded shares of Timberland Bancorp from a "hold" rating to a "buy" rating in a research report on Saturday, December 13th. Weiss Ratings reissued a "buy (b)" rating on shares of Timberland Bancorp in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of "Buy".
View Our Latest Stock Analysis on Timberland Bancorp
Institutional Investors Weigh In On Timberland Bancorp
Several hedge funds and other institutional investors have recently modified their holdings of TSBK. EverSource Wealth Advisors LLC raised its position in shares of Timberland Bancorp by 20,325.0% during the second quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company's stock worth $25,000 after purchasing an additional 813 shares during the period. Strs Ohio bought a new position in shares of Timberland Bancorp in the first quarter valued at $33,000. CWM LLC grew its holdings in shares of Timberland Bancorp by 304.8% during the third quarter. CWM LLC now owns 1,935 shares of the savings and loans company's stock valued at $64,000 after buying an additional 1,457 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Timberland Bancorp in the 2nd quarter worth about $62,000. Finally, Tower Research Capital LLC TRC lifted its position in Timberland Bancorp by 610.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,024 shares of the savings and loans company's stock valued at $63,000 after acquiring an additional 1,739 shares in the last quarter. Institutional investors own 65.49% of the company's stock.
Timberland Bancorp Company Profile
(
Get Free Report)
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.
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