Timberland Bancorp (NASDAQ:TSBK) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Timberland Bancorp, Inc. (NASDAQ:TSBKGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $38.26 and traded as high as $42.00. Timberland Bancorp shares last traded at $41.59, with a volume of 15,671 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Timberland Bancorp in a report on Friday, March 27th. Wall Street Zen downgraded shares of Timberland Bancorp from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

View Our Latest Report on Timberland Bancorp

Timberland Bancorp Trading Up 0.7%

The stock has a market capitalization of $325.65 million, a PE ratio of 10.64 and a beta of 0.32. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.07. The business’s 50-day moving average is $40.61 and its two-hundred day moving average is $38.26.

Timberland Bancorp (NASDAQ:TSBKGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The savings and loans company reported $0.90 EPS for the quarter. The company had revenue of $20.90 million for the quarter. Timberland Bancorp had a net margin of 26.22% and a return on equity of 11.67%.

Timberland Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were paid a $0.29 dividend. The ex-dividend date was Friday, May 8th. This represents a $1.16 dividend on an annualized basis and a yield of 2.8%. Timberland Bancorp’s payout ratio is currently 29.67%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Royce & Associates LP increased its stake in Timberland Bancorp by 3.7% in the third quarter. Royce & Associates LP now owns 288,914 shares of the savings and loans company’s stock valued at $9,615,000 after purchasing an additional 10,203 shares during the period. Geode Capital Management LLC increased its stake in Timberland Bancorp by 0.9% in the second quarter. Geode Capital Management LLC now owns 175,399 shares of the savings and loans company’s stock valued at $5,473,000 after purchasing an additional 1,484 shares during the period. Bridgeway Capital Management LLC increased its stake in Timberland Bancorp by 0.9% in the third quarter. Bridgeway Capital Management LLC now owns 131,638 shares of the savings and loans company’s stock valued at $4,381,000 after purchasing an additional 1,126 shares during the period. State Street Corp increased its stake in Timberland Bancorp by 1.9% in the fourth quarter. State Street Corp now owns 126,758 shares of the savings and loans company’s stock valued at $4,538,000 after purchasing an additional 2,322 shares during the period. Finally, Fourthstone LLC increased its stake in Timberland Bancorp by 207.5% in the fourth quarter. Fourthstone LLC now owns 109,687 shares of the savings and loans company’s stock valued at $3,927,000 after purchasing an additional 74,011 shares during the period. 65.49% of the stock is currently owned by institutional investors and hedge funds.

About Timberland Bancorp

(Get Free Report)

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.

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