Welcome to our dedicated page for Timberland Bncp news (Ticker: TSBK), a resource for investors and traders seeking the latest updates and insights on Timberland Bncp stock.
Timberland Bancorp, Inc. (NASDAQ: TSBK) is the bank holding company for Timberland Bank, a Washington-based community financial institution serving consumers and businesses across several counties through a network of branches. This news page aggregates company announcements, earnings releases and other public updates related to TSBK stock and Timberland’s banking operations.
Investors and followers of Timberland Bancorp can use this feed to review the company’s reported financial performance, including quarterly and annual net income, earnings per diluted common share, net interest margin, efficiency ratio and measures such as return on average assets and return on average equity. The company’s releases also discuss balance sheet trends, covering total assets, net loans receivable, deposits, shareholders’ equity and liquidity levels.
Typical news items include discussions of loan portfolio growth across categories such as one- to four-family residential loans, multi-family loans, commercial real estate loans, construction loans and land loans, as well as commentary on credit quality metrics like non-performing assets and net charge-offs. Timberland also reports on provisions for credit losses and the impact of changes in funding costs and asset yields on net interest income.
Other updates may cover capital management decisions, such as quarterly cash dividend declarations, dividend increases and share repurchase activity, along with recognition from industry and local organizations. Regulatory filings announced via Form 8-K, including earnings releases and investor presentations, are also reflected in the news flow. Readers who monitor TSBK news can track how management describes the company’s performance, risk profile and community banking activities over time.
Timberland Bancorp reported strong financial results for the quarter ended June 30, 2020, with net income of $6.21 million and EPS of $0.74, up from $5.05 million and $0.60 in the previous quarter. The company originated a record $250 million in loans, significantly aided by the PPP. Total assets reached $1.52 billion, marking a 22% year-over-year increase. A quarterly cash dividend of $0.20 was declared, payable on August 28, 2020. The return on average assets was 1.70% and return on equity was 13.83%.
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