Revenue Update on Timberland Bancorp(NASDAQ:TSBK)

Timberland Bancorp(NASDAQ:TSBK) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during After-hours on Jul 26, 2016. Earnings per share were $0.36.

Timberland Bancorp (TSBK) shares turned negative on Fridays trading session with the shares closing down -0.19 points or -1.24% at a volume of 6,914. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $15.26. The peak price level was also seen at $15.26 while the days lowest was $14.9. Finally the shares closed at $15.11. The 52-week high of the shares is $16.1 while the 52-week low is $10.16. According to the latest information available, the market cap of the company is $105 M.

Several Insider Transactions has been reported to the SEC. On Jun 7, 2016, Marci A Basich (Treasurer/SVP) sold 3,000 shares at $15.20 per share price.Also, On Dec 2, 2015, Edward Colman Foster (EVP and Chief Credit Officer) purchased 5 shares at $10.21 per share price.On Jun 2, 2015, Ronald A Robbel (director) purchased 13 shares at $10.21 per share price, according to the Form-4 filing with the securities and exchange commission.

Timberland Bancorp Inc. is a holding company for Timberland Savings Bank SSB (Bank). The Company’s business activities are limited to passive investment activities and oversight of its investment in the Bank. The Bank is a community-oriented bank which offers a range of savings products to its retail customers while concentrating its lending activities on real estate mortgage loans. Lending activities focuses on the origination of loans secured by real estate including construction loans and land development one- to four-family residential loans multi-family loans commercial real estate loans and land loans. The Company had total assets of $ 745.6 million total deposits of $ 608.3 million and total shareholders’ equity of $89.7 million. The Bank considers Grays Harbor Thurston Pierce King Kitsap and Lewis Counties Washington as its market areas.

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