NasdaqGM:TSBKBanks
Timberland Bancorp (TSBK) Stock Gains Backed By Margin Strength And Cost Control
Timberland Bancorp stock edged up about 1.4% on Wednesday, a mild move for a regional bank that just reported another solidly profitable quarter. The headline is not the price. It is that Timberland Bancorp generated about US$7.7 million in net income on roughly US$21.3 million in revenue, with a net interest margin of 3.85% and a cost to income ratio just above 53%.
For a bank built on steady spread income, that combination of margin resilience and cost control is what matters most, and it...