Timberland Bancorp, Inc. (TSBK) Income Statement
TSBK FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsTSBK revenue and net income
Where TSBK's revenue goes
FY2025Each bar shows an amount and its share of revenue. TSBK kept 26.4% of revenue as net income.
TSBK profit margins
TSBK growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8.8% | +18.0% | +9.6% | +11.2% |
| Gross profit | +11.1% | +6.3% | +4.8% | +8.0% |
| Operating income | +19.2% | +7.0% | +3.6% | +11.2% |
| Net income | +20.1% | +7.3% | +3.7% | +13.4% |
| EPS (diluted) | +22.7% | +9.3% | +6.4% | +10.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TSBK quarterly EPS vs estimates
Timberland Bancorp beat the analyst EPS estimate in 2 of the last 2 quarters. Next report: October 29, 2026.
TSBK income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $110.5M | $101.5M | $87.2M | $67.3M | $68.6M | $69.8M | $66.7M | $51.6M | $48.0M | $43.2M |
| Cost of revenue | $33.0M | $31.8M | $13.7M | $2.8M | $3.0M | $8.6M | $4.6M | $2.8M | $1.9M | $4.1M |
| Gross profit | $77.5M | $69.7M | $73.5M | $64.5M | $65.6M | $61.2M | $62.2M | $48.8M | $46.1M | $39.1M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $25.5M | $25.3M | $25.1M | $22.0M | $19.8M | $22.0M | $23.6M | $19.2M | $18.3M | $17.4M |
| Total operating expenses | $41.2M | $39.3M | $39.5M | $34.9M | $31.2M | $30.9M | $32.3M | $26.4M | $24.8M | $24.0M |
| Operating income | $36.2M | $30.4M | $34.0M | $29.6M | $34.4M | $30.3M | $29.9M | $22.4M | $21.2M | $15.1M |
| Interest income | $101.9M | $94.5M | $79.7M | $58.4M | $54.9M | $55.5M | $55.6M | $41.7M | $38.2M | $34.8M |
| Interest expense | $32.1M | $30.7M | $11.6M | $2.7M | $3.1M | $4.7M | $4.6M | $2.8M | $3.2M | $4.1M |
| Income before taxes | $36.2M | $30.4M | $34.0M | $29.6M | $34.4M | $30.3M | $29.9M | $22.4M | $21.2M | $15.1M |
| Income taxes | $7.1M | $6.1M | $6.9M | $6.0M | $6.8M | $6.0M | $5.9M | $5.7M | $7.1M | $4.9M |
| Net income | $29.2M | $24.3M | $27.1M | $23.6M | $27.6M | $24.3M | $24.0M | $16.7M | $14.2M | $10.2M |
| EBITDA | $38.7M | $33.0M | $36.7M | $32.4M | $37.5M | $33.1M | $32.6M | $24.2M | $23.0M | $16.9M |
| EPS (diluted) | $3.68 | $3.00 | $3.28 | $2.82 | $3.14 | $2.70 | $2.61 | $2.30 | $1.90 | $1.51 |
| Gross margin | 70.1% | 68.6% | 84.3% | 95.8% | 95.6% | 87.6% | 93.2% | 94.6% | 95.9% | 90.6% |
| Operating margin | 32.8% | 29.9% | 39.0% | 43.9% | 50.2% | 43.4% | 44.8% | 43.5% | 44.2% | 34.9% |
| Net margin | 26.4% | 23.9% | 31.1% | 35.1% | 40.2% | 34.8% | 36.0% | 32.4% | 29.5% | 23.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.3M | $28.8M | $30.0M | $29.6M | $27.3M | $26.6M | $27.0M | $26.8M | $25.8M | $24.7M | $24.3M | $23.5M |
| Cost of revenue | $0 | $8.2M | $8.2M | $8.4M | $8.4M | $7.9M | $8.3M | $9.0M | $8.4M | $7.6M | $6.8M | $5.3M |
| Gross profit | $21.3M | $20.5M | $21.7M | $21.2M | $19.0M | $18.7M | $18.7M | $17.8M | $17.3M | $17.1M | $17.4M | $18.2M |
| Sales, general & admin | $10.1M | $7.6M | $508,000 | $6.4M | $6.2M | $6.4M | $6.5M | $6.3M | $6.3M | $6.4M | $6.3M | $6.2M |
| Total operating expenses | $11.6M | $11.7M | $11.4M | $10.9M | $10.1M | $10.2M | $10.1M | $9.9M | $9.9M | $9.9M | $9.6M | $10.0M |
| Operating income | $9.6M | $8.9M | $10.3M | $10.3M | $8.9M | $8.5M | $8.6M | $7.9M | $7.5M | $7.2M | $7.8M | $8.3M |
| Interest income | $26.6M | $25.9M | $27.1M | $26.5M | $25.5M | $24.8M | $25.2M | $24.9M | $24.0M | $23.1M | $22.4M | $21.5M |
| Interest expense | $7.9M | $7.7M | $8.2M | $8.2M | $7.9M | $7.7M | $8.3M | $8.5M | $8.2M | $7.5M | $6.5M | $4.7M |
| Income before taxes | $9.6M | $8.9M | $10.3M | $10.3M | $8.9M | $8.5M | $8.6M | $7.9M | $7.5M | $7.2M | $7.8M | $8.3M |
| Income taxes | $1.9M | $1.7M | $2.1M | $1.9M | $1.8M | $1.7M | $1.7M | $1.6M | $1.5M | $1.5M | $1.5M | $1.6M |
| Net income | $7.7M | $7.1M | $8.2M | $8.4M | $7.1M | $6.8M | $6.9M | $6.4M | $5.9M | $5.7M | $6.3M | $6.6M |
| EBITDA | $10.2M | $9.4M | $10.9M | $11.0M | $9.5M | $9.1M | $9.2M | $8.6M | $8.1M | $7.8M | $8.5M | $8.9M |
| EPS (diluted) | $0.98 | $0.90 | $1.04 | $1.07 | $0.90 | $0.85 | $0.86 | $0.79 | $0.74 | $0.70 | $0.77 | $0.81 |
| Gross margin | 100.0% | 71.4% | 72.6% | 71.5% | 69.4% | 70.2% | 69.2% | 66.5% | 67.3% | 69.2% | 71.8% | 77.6% |
| Operating margin | 45.3% | 30.8% | 34.4% | 34.8% | 32.5% | 31.9% | 31.8% | 29.6% | 29.0% | 29.1% | 32.3% | 35.2% |
| Net margin | 36.3% | 24.8% | 27.4% | 28.5% | 26.0% | 25.4% | 25.4% | 23.7% | 23.0% | 23.1% | 25.9% | 28.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TSBK's financial statements (latest annual report filed December 9, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TSBK financial results
In fiscal year 2025 (ended September 30, 2025), Timberland Bancorp reported revenue of $110.5 million, up 8.8% from the year before. It had net income of $29.2 million (up 20.1%), a net profit margin of 26.4%. Diluted earnings per share came to $3.68. Over five years revenue grew at an average rate of 9.6% a year.
See the TSBK stock overview for the latest quote and news, or the TSBK chart for price history and technical indicators.
TSBK income statement FAQ
What is Timberland Bancorp's annual revenue?
Timberland Bancorp reported total revenue of $110.5 million for fiscal year 2025, which ended on September 30, 2025. That was up 8.8% from $101.5 million the previous year.
Is Timberland Bancorp profitable?
Yes. Timberland Bancorp reported net income of $29.2 million in fiscal 2025, a net profit margin of 26.4%; its operating margin was 32.8%.
What is Timberland Bancorp's gross margin?
Timberland Bancorp's gross margin was 70.1% in fiscal 2025: for every $100 of revenue, Timberland Bancorp kept $70 after the direct cost of its products and services.
How fast is Timberland Bancorp growing?
Revenue grew 9.6% a year on average over the last five fiscal years, from $69.8 million to $110.5 million.
What are Timberland Bancorp's earnings per share?
Timberland Bancorp earned $3.68 per diluted share in fiscal 2025, compared with $3.00 a year earlier.
When will Timberland Bancorp report its next earnings?
Timberland Bancorp is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 after the market closes.
When does Timberland Bancorp's fiscal year end?
Timberland Bancorp's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on December 9, 2025.