Timberland Bancorp Full Year 2024 Earnings: EPS: US$3.02 (vs US$3.32 in FY 2023)

Timberland Bancorp (NASDAQ:TSBK) Full Year 2024 Results

Key Financial Results

• Revenue: US$74.2m (down 4.2% from FY 2023).
• Net income: US$24.3m (down 11% from FY 2023).
• Profit margin: 33% (down from 35% in FY 2023).
• EPS: US$3.02 (down from US$3.32 in FY 2023).

TSBK Banking Performance Indicators

• Net interest margin (NIM): 3.54% (down from 3.95% in FY 2023).
• Cost-to-income ratio: 58.1% (up from 54.6% in FY 2023).
• Non-performing loans: 0.26% (up from 0.11% in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

In the last 12 months, the only revenue segment was Community Banking contributing US$74.2m. The largest operating expense was General & Administrative costs, amounting to US$33.8m (68% of total expenses). Explore how TSBK's revenue and expenses shape its earnings.

Timberland Bancorp shares are down 1.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Timberland Bancorp's balance sheet.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.