Timberland Bancorp Q4 profit rises from prior quarter, raises dividend

Overview

• US community bank's Q4 EPS rose 6% from prior quarter, down 3% yr/yr due to BOLI benefit

• Net interest margin expanded to 3.96% from 3.85% in prior quarter

• Company raised quarterly dividend by 3% to $0.31 per share

Outlook

• Company raised quarterly dividend 3% to $0.31 per share, payable Nov. 27, 2026

• Company sees continued loan demand and growth opportunities in its markets

Result Drivers

• HIGHER LOAN INTEREST INCOME - Co said increased interest income on loans receivable was the main driver of operating revenue growth

• LOAN GROWTH - Net loans receivable rose 2% from prior quarter, reflecting continued demand in co's markets

• NET INTEREST MARGIN EXPANSION - Net interest margin widened due to higher yields on interest-earning assets and lower cost of liabilities

Company press release:

Key Details

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)