Overview

* Timberland Bancorp ( TSBK ) Q3 EPS rises 22% to $0.90

* Co's net interest margin expands to 3.80%, reflecting disciplined asset-liability management

* Company announces new stock repurchase program for up to 5% of outstanding shares, or 393,842 shares

Outlook

* Timberland expects stable margin performance going forward

* Company plans to maintain a well-balanced funding mix

* Company focuses on disciplined growth amid current environment

Result Drivers

* NET INTEREST INCOME - Increase in net interest income compared to the preceding quarter was driven by higher average balance of interest-earning assets

* LOAN PORTFOLIO GROWTH - Steady growth in multi-family and commercial real estate loans contributed to net loans receivable growth

* NON-INTEREST INCOME - Rise in non-interest incomecompared to the preceding quarter was due to higher ATM and debit card interchange transactionfees

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 EPS $0.9

Q3 Net $7.10

Income mln

Q3 Net $17.62

Interest mln

Income

Q3 Net 3.8%

Interest

Margin

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)