Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various banking services in Washington. More Details
Flawless balance sheet and good value.
Share Price & News
How has Timberland Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TSBK has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TSBK underperformed the US Mortgage industry which returned -23.1% over the past year.
Return vs Market: TSBK underperformed the US Market which returned 12.8% over the past year.
Price Volatility Vs. Market
How volatile is Timberland Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat Kind Of Investors Own Most Of Timberland Bancorp, Inc. (NASDAQ:TSBK)?
1 month ago | Simply Wall StTimberland Bancorp, Inc. (NASDAQ:TSBK) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
1 month ago | Simply Wall StTimberland Bancorp, Inc. (NASDAQ:TSBK) Passed Our Checks, And It's About To Pay A US$0.20 Dividend
Is Timberland Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TSBK ($17.82) is trading below our estimate of fair value ($37.25)
Significantly Below Fair Value: TSBK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TSBK is good value based on its PE Ratio (6.1x) compared to the US Mortgage industry average (11.1x).
PE vs Market: TSBK is good value based on its PE Ratio (6.1x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TSBK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TSBK's PB Ratio (0.8x) is in line with the US Mortgage industry average.
How is Timberland Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Timberland Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Timberland Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TSBK has high quality earnings.
Growing Profit Margin: TSBK's current net profit margins (37.6%) are higher than last year (36.2%).
Past Earnings Growth Analysis
Earnings Trend: TSBK's earnings have grown significantly by 23.9% per year over the past 5 years.
Accelerating Growth: TSBK's earnings growth over the past year (9.6%) is below its 5-year average (23.9% per year).
Earnings vs Industry: TSBK earnings growth over the past year (9.6%) exceeded the Mortgage industry 6.9%.
Return on Equity
High ROE: TSBK's Return on Equity (13.3%) is considered low.
How is Timberland Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: TSBK's Assets to Equity ratio (8.3x) is low.
Allowance for Bad Loans: TSBK has a sufficient allowance for bad loans (428%).
Low Risk Liabilities: 98% of TSBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: TSBK has an appropriate level of Loans to Assets ratio (67%).
Low Risk Deposits: TSBK's Loans to Deposits ratio (77%) is appropriate.
Level of Bad Loans: TSBK has an appropriate level of bad loans (0.3%).
What is Timberland Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TSBK's dividend (4.49%) is higher than the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: TSBK's dividend (4.49%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Stability and Growth of Payments
Stable Dividend: TSBK's dividend payments have been volatile in the past 10 years.
Growing Dividend: TSBK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.1%), TSBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Sand (66 yo)
Mr. Michael R. Sand has been the President of Timberland BanCorp. Inc. and its subsidiary Timberland Bank (also known as Timberland Savings Bank) since January 23, 2003. Mr. Sand has been affiliated with T ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD502.14K) is about average for companies of similar size in the US market ($USD589.30K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
|Executive VP||20.67yrs||US$301.91k||0.62% |
|Executive Vice President of Lending||14yrs||US$301.70k||0.36% |
|Executive VP & COO||8.08yrs||US$260.12k||no data|
|Executive VP & Chief Credit Administrator||8.58yrs||US$243.61k||0.11% |
|Senior VP & Treasurer||18.67yrs||no data||no data|
|Advisory Director||11.58yrs||US$22.03k||no data|
|Advisory Director||11.92yrs||US$2.38k||no data|
|Regional Manager of Community Lending||16.67yrs||no data||no data|
Experienced Management: TSBK's management team is seasoned and experienced (14 years average tenure).
|Independent Director||20.67yrs||US$32.22k||0.20% |
|Independent Director||24yrs||US$32.12k||0.084% |
|Chairman of the Board||11.67yrs||US$36.32k||0.47% |
|Independent Director||3.42yrs||US$30.72k||0% |
|Independent Director||11yrs||US$34.02k||0.089% |
|Independent Director||10.42yrs||US$32.82k||0.087% |
|Independent Director||3.33yrs||US$32.42k||0.0025% |
Experienced Board: TSBK's board of directors are seasoned and experienced ( 11 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Timberland Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Timberland Bancorp, Inc.
- Ticker: TSBK
- Exchange: NasdaqGM
- Founded: 1915
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$148.098m
- Shares outstanding: 8.31m
- Website: https://www.timberlandbank.com
Number of Employees
- Timberland Bancorp, Inc.
- 624 Simpson Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TSBK||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Jan 1998|
Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various banking services in Washington. It offers various deposit products, including money market deposit ac ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/21 06:05|
|End of Day Share Price||2020/09/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.