Timberland Bancorp, Inc.

NASDAQ•TSBK

CEO: Mr. Dean J. Brydon CPA

Sector: Financial Services

Industry: Banks - Regional

Listing Date: 1998-01-13

Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various community banking services in Washington. It offers various deposit products, including money market deposit, checking, and regular savings accounts, as well as certificates of deposit. The company also provides one-to four-family residential, multi-family, commercial real estate loans, and land loans; and construction lending products, such as custom and owner/builder, speculative one- to four-family, commercial, multi-family, and land development. In addition, it offers consumer loans comprising home equity lines of credit and second mortgage loans, automobile loans, boat loans, motorcycle loans, recreational vehicle loans, savings account loans, and unsecured loans; and commercial business loans. The company was founded in 1915 and is headquartered in Hoquiam, Washington.

Contact Information

624 Simpson Avenue, Hoquiam, WA, 98550, United States

360-533-4747

www.timberlandbank.com

Market Cap

$296.92M

P/E (TTM)

9.7

14.2

Dividend Yield

2.9%

52W High

$40.41

52W Low

$27.51

52W Range

79%

Rank28Top 16.1%

5.3

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 5.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$29.95M+11.03%

4-Quarter Trend

EPS

$1.04+20.93%

4-Quarter Trend

FCF

$8.11M+0.00%

4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

NIM Expansion Strong Net Interest Margin increased to 3.85% from 3.64% year-over-year, driven by favorable asset repricing and lower funding costs.

Net Income Growth Reported Net income grew 19.8% to $8.22M for the quarter; diluted EPS reached $1.04 compared to $0.86 previously.

Credit Loss Recapture Noted Reported net recapture of $(0.035)M in credit losses, contrasting with a provision recorded in the prior year period.

Capital Ratios Remain Strong Leverage Tier 1 capital ratio was 12.67%, significantly exceeding the 4.00% regulatory minimum requirement.

Risk Factors

Substandard Loan Reduction Substandard loans fell $24.19M sequentially, primarily due to the payoff of the largest substandard loan secured by land development.

Deposit Mix Pressures Total deposits decreased $12.15M sequentially; non-interest bearing balances declined due to competitive pricing and customer shifts.

Non-Accrual Loans Decline Non-accrual loans decreased 2.8% QoQ to $4.28M, though collateral-dependent loans still carry associated credit loss reserves.

Goodwill Impairment Potential Adverse economic shifts or stock price decreases could trigger material impairment charges on the recorded goodwill balance.

Outlook

Interest Margin Outlook Funding costs declined slower than asset yields, moderating the overall benefit to net interest margin moving forward.

Loan Portfolio Rebalancing Net loans decreased due to construction/land payoffs, offset by growth in one- to four-family and multi-family loan categories.

Capital Return Strategy Company expects to continue quarterly dividends ($0.29/share announced) and authorized a new stock repurchase program.

Liquidity Position Secure Liquidity is deemed adequate, supported by available borrowing capacity, including $708.68M available from the FHLB.

Peer Comparison

Revenue (TTM)

FSBW

$217.51M

+6.8%

FNLC

$177.61M

+7.2%

LNKB

$175.41M

+4.7%

Gross Margin (Latest Quarter)

TSBK

72.6%

+3.4pp

FSBW

70.0%

-0.6pp

FUNC

69.9%

+0.8pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
PKBK	$320.47M	8.4	12.0%	6.4%
NECB	$312.01M	6.9	13.1%	3.9%
LNKB	$304.91M	9.1	11.1%	4.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

4.1%

Moderate Growth

4Q Net Income CAGR

6.7%

Profitability Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 20, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data