TSBK - Timberland Bancorp GAAP EPS of $0.90 revenue of $20.45M
- Timberland Bancorp press release ( NASDAQ: TSBK ): Q1 GAAP EPS of $0.90.
- Revenue of $20.45M (+26.7% Y/Y).
- The provision for income taxes for the current quarter increased to $1.88M from $1.79M for the preceding quarter, primarily due to higher taxable income.
- Timberland’s effective income tax rate was 20.0% for the quarter ended December 31, 2022 compared to 20.2% for the quarter ended September 30, 2022 and 20.2% for the quarter ended December 31, 2021.
- Quarterly Return on Average Assets increased to 1.63%.
- Quarterly Return on Average Equity increased to 13.63%
- Quarterly Net Interest margin expanded 39 basis points to 4.03%.
- Loan Portfolio (Excluding PPP Loans) increased 20% year-over-year.
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Timberland Bancorp GAAP EPS of $0.90, revenue of $20.45M