Timberland Bancorp Reports Second Fiscal Quarter Net Income of $7.1 Million

Timberland Bancorp, Inc. reported net income of $7.13 million, or $0.90 per diluted common share, for the quarter ended March 31, 2026. This represents a 6% increase from $6.76 million, or $0.85 per diluted common share, for the same quarter last year. For the first six months of fiscal 2026, Timberland's net income increased 13% to $15.35 million, or $1.94 per diluted common share. The company's Board of Directors announced a quarterly cash dividend of $0.29 per share, payable on May 22, 2026. Timberland's net interest margin remained relatively stable, declining four basis points from the prior quarter while improving two basis points year-over-year. The company's new full-service branch in University Place is gaining traction and expanding its ability to serve clients in the area.