10-Q · May 7, 2026
Timberland Bancorp reported a strong Q2 2026 performance with revenues of $21.05 million and EPS of $0.90, reflecting solid growth compared to the previous year. The company also increased its dividends and has shown…
Earnings analysis · 10-Q
TSBK earnings analysis
Filed August 7, 2026 · Our reading of the company's report
The latest report
Timberland reported $21.79 million of operating revenue and diluted EPS of $0.98 for the quarter, with EPS up from $0.90 in both the prior quarter and prior-year quarter. The supplied filing text does not provide enough…
Read full summary
Timberland reported $21.79 million of operating revenue and diluted EPS of $0.98 for the quarter, with EPS up from $0.90 in both the prior quarter and prior-year quarter. The supplied filing text does not provide enough information to calculate current gross margin, operating margin, free cash flow, balance-sheet trends, or segment performance. Controls were deemed effective, the company continued repurchases, and management provided no quantitative forward guidance.
Reported figures
- Earnings per share
- $0.98
What stood out
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EPS increased sequentially and year over year
Operating revenue was $21.79 million and diluted EPS was $0.98, compared with $0.90 EPS in both 2026 Q2 and 2025 Q3, indicating sequential and year-over-year EPS improvement.
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Share repurchases continued
The company repurchased 70,000 shares during the quarter at an average price of $40.49, leaving 157,977 shares available under the program at June 30, 2026.
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Disclosure controls remained effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported no changes in internal controls that materially affected, or were reasonably likely to materially affect, reporting.
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No material legal proceedings
The company reported that neither it nor the Bank was party to any material legal proceedings at the time of filing.
What to watch
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Credit-loss and non-accrual pressure
Credit quality remained a concern in the reported quarter: the prior earnings discussion identified an increased credit-loss provision and non-accrual loans above the prior year, although the supplied 10-Q excerpt does not provide the related dollar amounts.
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Capital deployed to repurchases
The company repurchased 70,000 shares for $2.83 million based on the reported average price of $40.49, reducing liquidity available for other uses; 157,977 shares remained authorized for repurchase.
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No material risk-factor update
Item 1A states that there were no material changes to the risk factors previously disclosed in the 2025 Form 10-K, so existing banking, credit, interest-rate, and liquidity risks remain applicable.
Management's outlook
The provided 10-Q text contains no quantitative revenue or EPS outlook; no change to a prior outlook was reported.
Earlier filings 1
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.