earnings
confidence high
sentiment neutral
materiality 0.65
Timberland Bancorp Q1 net income $6.30M, EPS $0.77; dividend raised 4% to $0.24
TIMBERLAND BANCORP INC
2024-Q1 EPS reported
$0.77
- EPS $0.77 vs $0.81 prior quarter and $0.90 year ago; net income $6.30M down 16% YoY.
- Net interest margin compressed to 3.60% from 3.85% prior quarter and 4.03% year ago.
- Deposits grew 4% to $1.63B; loans net $1.34B up 3% QoQ.
- Board declared $0.24 dividend, a 4% increase; payable Feb 23 to holders of record Feb 9.
- Non-performing assets 0.18% of total assets; net charge-offs only $2,000 for the quarter.