Timberland Bancorp Reports Second Fiscal Quarter Net Income of $7.1 Million
Timberland Bancorp reported Q2 net income of $7.13 million, or $0.90 per share, up 6% from the prior year but down 13% from the preceding quarter due to higher credit provisions and lower net interest income. The Board declared a quarterly cash dividend of $0.29 per share, marking the 54th consecutive quarter of payouts, and repurchased 80,000 shares for $3.09 million during the quarter.
Key figures
- Eps
- 0.9
- Revenue
- 21.05 million
- Net Interest Margin
- 3.81%
- Non Performing Assets Ratio
- 0.47%
- Provision For Credit Losses
- $523,000
AI analysis
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