Timberland Bancorp, Inc. Named to Prestigious Piper Sandler Bank and Thrift Sm-All Stars: Class of 2024

Strategic Insights -

Timberland Bancorp, Inc., the holding company for Timberland Bank, has been recognized as one of the top-performing, publicly traded small-cap banks and thrifts in the nation by Piper Sandler. This prestigious honor is a testament to the bank's dedication to supporting its communities and its employees' commitment to excellence. With its inclusion in the Piper Sandler Bank and Thrift Sm-All Stars: Class of 2024, Timberland Bank joins an elite group of institutions that have demonstrated exceptional growth, profitability, credit quality, and capital strength.

Key Takeaways:

  • Timberland Bancorp, Inc. has been named one of the top 30 best-performing small capitalization institutions in the nation by Piper Sandler.
  • The bank was selected based on its growth, profitability, credit quality, and capital strength, making it an elite small-cap bank and thrift in the U.S.
  • Timberland Bank has a long history, dating back to 1915, and serves consumers and businesses across six counties in Washington with a full range of lending and deposit services.
  • The bank's recognition is a testament to the hard work and dedication of its employees, who continue to support the communities it serves.
  • As a result of this recognition, Timberland Bancorp, Inc. has been added to the NASDAQ 207, a index of companies that meet specific criteria.

Statistics:

  • Timberland Bancorp, Inc. has a market capitalization of less than $2.5 billion, qualifying it as a small-capitalization institution.
  • The bank has 23 branches, including its main office in Hoquiam, Washington.
  • Timberland Bank has a long history, dating back to 1915.
  • The bank has a strong credit quality, solid capital strength, and demonstrates exceptional growth and profitability.
  • Piper Sandler recognized Timberland Bank as one of the top 30 best-performing small capitalization institutions in the nation.

Sources:

  • Piper Sandler Bank and Thrift Sm-All Stars: Class of 2024 report
  • Timberland Bancorp, Inc. press release dated September 30, 2024
  • NASDAQ 207 index
  • Timberland Bank's website and reports filed with the Securities and Exchange Commission