Quarterly ResultJul 28, 2026, 06:53 PM
Timberland Bancorp Q2 EPS $0.98, up 9%; Raises Dividend 3% to $0.30
AI Summary
Timberland Bancorp reported strong financial results for the quarter ended June 30, 2026, with diluted EPS increasing 9% to $0.98 and net income rising 9% to $7.72 million year-over-year. The company also announced a 3% increase in its quarterly cash dividend to $0.30 per share, marking the 55th consecutive quarter of dividend payments. Key metrics like Return on Average Assets (ROA) and Net Interest Margin (NIM) also improved, reflecting a strong business model and disciplined financial management.
Key Highlights
- Diluted EPS increased 9% to $0.98 for Q2 2026 from $0.90 a year ago.
- Net income rose 9% to $7.72 million for Q2 2026 from $7.10 million in Q2 2025.
- Quarterly cash dividend increased 3% to $0.30 per share.
- Return on Average Assets (ROA) increased to 1.51% for the quarter.
- Net Interest Margin (NIM) expanded to 3.85% for the quarter.
- Total deposits grew 6% year-over-year to $1.76 billion.
- Net loans receivable increased 4% year-over-year to $1.50 billion.
- Non-performing assets to total assets ratio improved to 0.43% from 0.47% last quarter.
Price Impact
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