earnings
confidence high
sentiment neutral
materiality 0.65
Timberland Bancorp Q3 net income $5.92M, EPS $0.74; net interest margin improves to 3.53%
TIMBERLAND BANCORP INC
2024-Q2 EPS reported
$2.21
- Diluted EPS $0.74, up 6% from $0.70 preceding quarter but down 4% from $0.77 year ago.
- Net interest margin expanded 5 bps to 3.53% from 3.48% prior quarter; efficiency ratio improved to 58.97%.
- Net loans increased 3% QoQ and 11% YoY; total deposits up 5% YoY but down 1% QoQ.
- Declared $0.24 quarterly dividend, payable Aug 23, 2024 to holders of record Aug 9; 47th consecutive payout.
- Repurchased 70,000 shares for $1.77M; non-performing assets ratio 0.22% vs 0.19% prior quarter.