Timberland's Q4 Earnings Decline Y/Y on Higher Credit Costs

Timberland Bancorp (TSBK) reported Q4 2026 earnings with EPS of $1.04, down 3% year-over-year, though net interest income grew 7% to $19.7 million and net interest margin expanded 14 basis points. Full-year 2026 showed stronger performance with net income up 7% and EPS advancing 8% to $3.96. The company increased its quarterly dividend by 3% and repurchased shares, maintaining a strong capital position despite rising non-performing assets.