Timberland Bancorp Q4 profit rises from prior quarter, raises dividend
TSBK•Timberland Bancorp’s fourth-quarter EPS rose 6% from the prior quarter to $1.04, while net interest margin expanded to 3.96% from 3.85%. The company raised its quarterly dividend 3% to $0.31 per share.
1. Quarterly results
Timberland Bancorp reported fourth-quarter net income of $8.11 million and net interest income of $19.66 million. EPS rose 6% from the prior quarter but was down 3% year over year due to a BOLI benefit.
2. Margin and dividend
Net interest margin increased to 3.96% from 3.85% in the prior quarter, reflecting higher yields on interest-earning assets and a lower cost of liabilities. Net loans receivable rose 2% quarter over quarter, and the company said continued loan demand and growth opportunities remain in its markets.
3. Dividend increase
The company raised its quarterly dividend 3% to $0.31 per share, payable Nov. 27, 2026.
