Timberland Bancorp Reports Strong Q2 2025 Earnings

Timberland ( (TSBK) ) has released its Q2 earnings. Here is a breakdown of the information Timberland presented to its investors.

Timberland Bancorp, Inc., a holding company for Timberland Bank, operates primarily in the financial services sector, offering a range of lending and deposit services through its branches in Washington State.

In its latest earnings report, Timberland Bancorp announced a net income of $6.76 million for the second fiscal quarter of 2025, with earnings per share increasing by 21% compared to the same quarter last year. The company also reported a 4% increase in its quarterly cash dividend, marking the 50th consecutive quarter of dividend payments.

Key financial highlights include a net interest margin increase to 3.79%, a return on average assets of 1.43%, and a return on average equity of 10.95%. The company’s total assets and deposits both saw a 1% increase from the prior quarter, while net loans receivable grew by 4% year-over-year. Timberland also reported improvements in asset quality, with a decrease in non-performing assets and non-accrual loans.

Despite a slight decrease in net income and earnings per share compared to the preceding quarter, Timberland’s financial performance remains robust, supported by strong capital ratios and a solid liquidity position. The company continues to focus on balance sheet growth and maintaining credit quality.

Looking ahead, Timberland’s management remains optimistic about the company’s financial health and growth prospects, emphasizing its strong capital position and commitment to delivering shareholder value through consistent dividend payments.