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Timberland Bancorp earns $6.3 million in fourth quarter

By Associated Press
Published: October 31, 2019, 8:46pm

HOQUIAM — Timberland Bancorp Inc. (TSBK) on Thursday reported fiscal fourth-quarter earnings of $6.3 million.

The Hoquiam-based company said it had net income of 75 cents per share.

The holding company for Timberland Bank posted revenue of $18 million in the period. Its adjusted revenue was $16.7 million.

For the year, the company reported profit of $24 million, or $2.84 per share. Revenue was reported as $65.5 million.

Timberland Bancorp shares have increased 19 percent since the beginning of the year.

In the final minutes of trading on Thursday, shares hit $26.50, a drop of nearly 9 percent in the last 12 months.

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