Quarterly ResultMay 7, 2026, 01:31 PM
Timberland Bancorp H1 Net Income $15.35M, EPS $1.95
AI Summary
Timberland Bancorp reported strong financial results for the six months ended March 31, 2026, with net income increasing 12.72% to $15.35 million and diluted EPS rising 13.45% to $1.94. Net interest income also saw an 8.81% increase, reaching $37.19 million. The company's total assets grew to $2.05 billion, and total deposits increased to $1.74 billion. Additionally, Timberland Bancorp increased its dividends per common share by 14% to $0.57 and repurchased $4.11 million in common stock.
Key Highlights
- Net income for the six months ended March 31, 2026, increased 12.72% to $15.35 million.
- Diluted EPS for the six months ended March 31, 2026, rose 13.45% to $1.94.
- Net interest income for the six months grew 8.81% to $37.19 million.
- Total assets increased 1.67% to $2.05 billion as of March 31, 2026.
- Total deposits grew 1.55% to $1.74 billion as of March 31, 2026.
- Dividends paid per common share for the six months increased 14% to $0.57.
- The company repurchased $4.11 million in common stock during the six months.
- Provision for credit losses increased to $488 thousand for the six months.