Timberland Bancorp (NASDAQ:TSBK) COO Sells $79,000.00 in Stock

Timberland Bancorp, Inc. (NASDAQ:TSBK) COO Jonathan Arthur Fischer sold 2,000 shares of Timberland Bancorp stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $39.50, for a total transaction of $79,000.00. Following the completion of the sale, the chief operating officer directly owned 6,550 shares of the company’s stock, valued at approximately $258,725. The trade was a 23.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Timberland Bancorp Trading Up 0.0%

Timberland Bancorp stock opened at $39.63 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.00 and a quick ratio of 1.00. The company’s fifty day moving average price is $36.57 and its two-hundred day moving average price is $34.31. Timberland Bancorp, Inc. has a one year low of $27.51 and a one year high of $40.41. The company has a market capitalization of $312.28 million, a price-to-earnings ratio of 10.27 and a beta of 0.36.

Timberland Bancorp (NASDAQ:TSBK) last released its 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 $21.71 million for 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 announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be given 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 annualized dividend and a dividend yield of 2.9%. Timberland Bancorp’s dividend payout ratio is 29.02%.

Wall Street Analyst Weigh In

Several research firms have issued reports on TSBK. Wall Street Zen upgraded Timberland Bancorp from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Timberland Bancorp in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Timberland Bancorp has a consensus rating of “Buy”.

Institutional Investors Weigh In On Timberland Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Gabelli Funds LLC bought a new position in shares of Timberland Bancorp in the second quarter worth about $3,839,000. Gamco Investors INC. ET AL acquired a new stake in shares of Timberland Bancorp in the second quarter valued at approximately $465,000. Fourthstone LLC bought a new position in Timberland Bancorp in the 2nd quarter worth approximately $402,000. Royce & Associates LP lifted its holdings in Timberland Bancorp by 3.7% during the 3rd quarter. Royce & Associates LP now owns 288,914 shares of the savings and loans company’s stock worth $9,615,000 after buying an additional 10,203 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in Timberland Bancorp in the 3rd quarter valued at $327,000. Institutional investors and hedge funds own 65.49% of the company’s stock.

Timberland Bancorp Company Profile

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.