NASDAQ$TSBK

Timberland Bancorp Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Net income increased slightly compared to the previous quarter, with EPS rising to $0.76.

Timberland Bancorp reported a slight increase in quarterly net income, reaching $6.36 million, with earnings per diluted share at $0.76. The company's loan deferrals decreased to less than 1% of the loan portfolio, and they plan to resume stock repurchases.

  • Net income increased to $6.36 million for the quarter.
  • Earnings per diluted share increased to $0.76 for the quarter.
  • Loans remaining in a deferred payment status had decreased to less than 1% of net loans outstanding.
  • Plan to resume purchasing stock in November under the terms of existing stock repurchase.

Headline financials

Total Revenue

$17.2M

Previous: $16.7M+2.9%
EPS (adj)

$0.76

Previous: $0.75+1.3%
Net Interest Margin

3.4%

No prior period
Efficiency Ratio

50.7%

No prior period
Return on Avg. Assets

1.6%

No prior period
Return on Avg. Equity

13.8%

No prior period
Capital Expenditures

$325K

Previous: $111K+192.8%
Free Cash Flow

$12.1M

Previous: $432K+2696.8%
Net Income

$6.36M

Previous: $6.34M+0.3%
Operating Income

$7.99M

No prior period
Cash & Equivalents

$314M

Previous: $143M+119.9%
Total Assets

$1.57B

Previous: $1.25B+25.6%

Revenue & EPS history

Timberland · Revenue · Quarterly

$17.2M

Q4 2020+2.9%vs Q4 2019

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

Forward guidance

Timberland will continue with its measured approach to investing a significant portion of excess liquidity, continue to sell fixed-rate one- to four-family mortgage loans into the secondary market for asset-liability management purposes and to generate non-interest income and plan to resume purchasing shares under the existing stock repurchase plan in November 2020, subject to market conditions.

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 Q4 2020

Historical avgQ4 2020

+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%

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