Timberland Bancorp reported a net income of $5.92 million for the quarter ended June 30, 2024, with an EPS of $0.74. The company saw improvement in net interest margin and continued loan portfolio growth. However, earnings were lower compared to the year-ago quarter.
Net income increased 4% to $5.92 million compared to the previous quarter.
Earnings per diluted common share increased 6% to $0.74 compared to the previous quarter.
Net interest margin improved to 3.53% for the quarter.
Net loans receivable increased 3% during the quarter.
This document does not contain any forward guidance.
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