Timberland Bancorp (TSBK) Earning Somewhat Favorable Press Coverage, Study Shows

Press coverage about Timberland Bancorp (NASDAQ:TSBK) has been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Timberland Bancorp earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the savings and loans company an impact score of 47.1807588155957 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Timberland Bancorp traded down $0.05, hitting $33.10, during trading on Wednesday, according to Marketbeat.com. The company’s stock had a trading volume of 834 shares, compared to its average volume of 13,824. Timberland Bancorp has a one year low of $21.64 and a one year high of $33.28. The company has a market capitalization of $243.96 million, a PE ratio of 15.64 and a beta of 0.22.

Timberland Bancorp (NASDAQ:TSBK) last released its quarterly earnings results on Tuesday, April 24th. The savings and loans company reported $0.57 earnings per share for the quarter. Timberland Bancorp had a net margin of 29.92% and a return on equity of 13.97%. The business had revenue of $12.71 million for the quarter.

The firm also recently declared a None dividend, which will be paid on Friday, May 25th. Shareholders of record on Friday, May 11th will be given a $0.23 dividend. The ex-dividend date is Thursday, May 10th. This represents a yield of 1.61%.

Separately, ValuEngine upgraded shares of Timberland Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd.

In other news, Director Jon C. Parker sold 10,000 shares of the stock in a transaction on Thursday, March 15th. The shares were sold at an average price of $30.72, for a total value of $307,200.00. Following the completion of the sale, the director now directly owns 48,952 shares of the company’s stock, valued at $1,503,805.44. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Marci A. Basich sold 2,300 shares of the stock in a transaction on Wednesday, March 7th. The stock was sold at an average price of $30.04, for a total transaction of $69,092.00. Following the completion of the sale, the senior vice president now directly owns 600 shares of the company’s stock, valued at $18,024. The disclosure for this sale can be found here. 6.10% of the stock is currently owned by company insiders.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc operates as the bank holding company for Timberland Bank that provides various banking services in Washington. It offers various deposit products, including money market deposit accounts, checking accounts, regular savings accounts, and certificates of deposit. The company also provides one-to four-family residential, multi-family, commercial real estate, construction, custom and owner/builder construction, speculative one- to four-family construction, commercial construction, multi-family construction, land development construction, and land loans.

Insider Buying and Selling by Quarter for Timberland Bancorp (NASDAQ:TSBK)

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