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Timberland Bancorp reported a strong third fiscal quarter with a 10% increase in net income and a 12% increase in EPS compared to the same quarter last year. Strong loan portfolio growth and a higher interest rate environment contributed to the positive results. The company also announced a quarterly cash dividend of $0.23 per share and a new stock repurchase program.
Net income increased 10% year-over-year.
EPS increased 12% year-over-year to $0.77.
Net interest margin was 3.94%.
A new stock repurchase program was announced.
The document does not contain any forward guidance.
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