NASDAQ$TSBK

Timberland Bancorp Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Timberland Bancorp reported a net income of $5.71 million for the second fiscal quarter of 2024, with an EPS of $0.70 and a return on average assets of 1.22%.

Timberland Bancorp reported a net income of $5.71 million, or $0.70 per diluted common share, for the quarter ended March 31, 2024. The company's operating results were highlighted by solid earnings, moderate growth in loans and deposits, and continued stable asset quality metrics.

  • Net income was $5.71 million, a decrease of 14% compared to the same quarter last year.
  • Earnings per diluted common share decreased to $0.70, down from $0.80 in the comparable quarter one year ago.
  • Net interest margin compressed to 3.48% from 3.99% in the comparable quarter one year ago.
  • Net loans receivable increased by $23 million during the quarter.

Headline financials

Total Revenue

$18.3M

Previous: $19.8M-7.8%
EPS

$0.70

Previous: $0.80-12.5%
Net Interest Margin

3.5%

Previous: 4.0%-12.8%
Efficiency Ratio

60.2%

Previous: 55.3%+8.9%
Return on Avg. Assets

1.2%

Previous: 1.5%-17.6%
Return on Avg. Equity

9.7%

Previous: 11.9%-18.5%
Tier 1 Leverage Capital

12.0%

No prior period
Total Risk-Based Capital

19.3%

No prior period
Non-perf. Assets to Total

0.2%

No prior period
Capital Expenditures

-$796K

Previous: $375K-312.3%
Free Cash Flow

$4.91M

Previous: $5.57M-11.8%
Net Income

$5.71M

Previous: $6.66M-14.3%
Operating Income

$7.06M

Previous: $8.37M-15.6%
Gross Profit

$17.8M

No prior period

Revenue & EPS history

Timberland · Revenue · Quarterly

$18.3M

Q2 2024-7.8%vs Q2 2023

Revenue by segment

Timberland · $3.78M total across 5 segments · Q1 2020

  • Deposit Charges
    $1.2M
  • Card Fees
    $1.09M
  • Loan Sales
    $953K
  • Other
    $390K
  • BOLI Income
    $147K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+1.3%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+2.7%

Avg return

30 days after

63%

41 / 65 earnings

Positive

+13.8%

Q2 2020

Best reaction

-3.8%

Q2 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+0.9%+3.3%+1.4%
Q1 2026+2.2%+4.5%+1.8%
Q4 2025+3.6%+2.0%+8.3%
Q3 2025+5.7%+2.7%+3.4%
Q2 2025-2.1%+0.8%-2.5%
Q1 2025+1.7%+1.7%+7.2%
Q4 2024+0.3%+3.9%+7.6%
Q3 2024+3.8%+5.5%+6.3%
Q2 2024+5.0%+0.7%+0.7%
Q1 2024-0.1%-0.5%-9.6%
Q4 2023+1.8%+6.3%+5.6%
Q3 2023+6.9%+9.3%-0.7%
Q2 2023-3.2%-4.1%-12.3%
Q1 2023+0.3%-0.5%+2.6%
Q4 2022+3.3%+13.4%+18.4%
Q3 2022+1.8%+1.0%+5.0%
Q2 2022+0.5%+1.6%-2.2%
Q1 2022-1.6%-4.0%-4.3%
Q4 2021-0.4%-0.4%-0.5%
Q3 2021+2.1%+1.9%+3.1%
Q2 2021+1.5%+1.4%+5.8%
Q1 2021-1.5%-9.2%+1.4%
Q4 2020+4.0%+16.2%+33.5%
Q3 2020+3.9%+0.1%+4.8%
Q2 2020+13.8%+6.2%+5.6%
Q1 2020+0.5%-1.2%-11.1%
Q4 2019+1.1%+6.6%+11.8%
Q3 2019+4.9%+6.5%-3.8%
Q2 2019+1.8%+3.3%-17.8%
Q1 2019+4.2%+7.2%+15.2%
Q4 2018+1.8%+1.1%-2.5%
Q3 2018-0.4%-1.2%-5.9%
Q2 2018-1.5%-1.6%+0.7%
Q1 2018-2.2%-2.9%+2.0%
Q4 2017-3.7%-6.1%-8.0%
Q3 2017+5.5%+6.5%+7.3%
Q2 2017-0.8%-2.0%+0.4%
Q1 2017+1.9%+2.2%+10.5%
Q4 2016-0.5%+0.7%+18.3%
Q3 2016-2.6%-1.4%-1.4%
Q2 2016-0.2%
Q4 2015+10.4%
Q3 2015+2.2%
Q2 2015+2.7%
Q1 2015+2.8%
Q4 2014-1.3%
Q3 2014+3.7%
Q2 2014+0.5%
Q1 2014+3.9%
Q4 2013-2.6%
Q3 2013-0.5%
Q2 2013+0.6%
Q1 2013+2.8%
Q4 2010+0.2%
Q4 2012+0.0%
Q3 2012-1.5%
Q2 2011+1.8%
Q2 2012+1.8%
Q1 2012-0.9%
Q1 2010-0.9%
Q4 2009+0.3%
Q4 2011+0.3%
Q3 2011-0.4%
Q3 2010-0.4%
Q2 2010-3.8%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro