FS Bancorp, Inc.

FS Bancorp, Inc.

FSBWยทNASDAQ

$39.08

-3.0%
Financial ServicesBanks - Regional

FS Bancorp, Inc. operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit. The company provides one-to-four-family residential first mortgages, second mortgage/home equity loan products, non-mortgage commercial business loans, commercial real estate loans, and construction and development loans, as well as consumer loans, which primarily include personal lines of credit, credit cards, automobile, direct home improvement, loans on deposit, and recreational loans. As of December 31, 2021, it operated 21 full bank service branches and 10 home loan production offices in suburban communities in the greater Puget Sound area, including Snohomish, King, Pierce, Jefferson, Kitsap, Clallam, Grays Harbor, Thurston, and Lewis counties; and one loan production office in the market area of the Tri-Cities. The company was founded in 1936 and is headquartered in Mountlake Terrace, Washington.

At a Glance

Live Snapshot
Market Cap$289.76M
EPS4.3400
P/E Ratio9.00
Earnings Date07/28/2026
0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Dividend Payout Ratio
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
3Y+36.0%
5Y+139.0%
10Y+884.0%
FS Bancorp, Inc.

FS Bancorp, Inc. Dividend History

FSBW ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

FSBW Dividend Payment History

FSBW ยท NASDAQ

Total Payments

50

Latest Dividend

$0.2900

Annual Amount

$1.9300

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 21, 2026
May 7, 2026May 21, 2026
$0.2900
$0.2900
Quarterly0.00%
Jan 21, 2026
Feb 6, 2026Feb 19, 2026
$0.2900
$0.2900
Quarterly0.00%
Jan 21, 2026
Feb 6, 2026Feb 19, 2026
$0.2900
$0.2900
Quarterly0.00%
Oct 21, 2025
Nov 6, 2025Nov 20, 2025
$0.2800
$0.2800
Quarterly-44.00%
Jul 22, 2025
Aug 7, 2025Aug 21, 2025
$0.5000
$0.5000
Quarterly+78.57%
Apr 22, 2025
May 8, 2025May 22, 2025
$0.2800
$0.2800
Quarterly0.00%
Jan 21, 2025
Feb 6, 2025Feb 20, 2025
$0.2800
$0.2800
Quarterly+3.70%
Oct 22, 2024
Nov 7, 2024Nov 21, 2024
$0.2700
$0.2700
Quarterly0.00%
Jul 11, 2024
Aug 7, 2024Aug 21, 2024
$0.2700
$0.2700
Quarterly+3.85%
Apr 24, 2024
May 9, 2024May 23, 2024
$0.2600
$0.2600
Quarterly0.00%
Jan 24, 2024
Feb 8, 2024Feb 22, 2024
$0.2600
$0.2600
Quarterly+4.00%
Oct 25, 2023
Nov 9, 2023Nov 22, 2023
$0.2500
$0.2500
Quarterly0.00%
Jul 26, 2023
Aug 10, 2023Aug 24, 2023
$0.2500
$0.2500
Quarterly0.00%
Apr 26, 2023
May 11, 2023May 25, 2023
$0.2500
$0.2500
Quarterly0.00%
Jan 25, 2023
Feb 9, 2023Feb 23, 2023
$0.2500
$0.2500
Quarterly+25.00%
Oct 26, 2022
Nov 9, 2022Nov 23, 2022
$0.2000
$0.2000
Quarterly0.00%
Jul 28, 2022
Aug 11, 2022Aug 25, 2022
$0.2000
$0.2000
Quarterly-33.33%
Apr 6, 2022
May 12, 2022May 26, 2022
$0.3000
$0.3000
Quarterly+50.00%
Jan 27, 2022
Feb 10, 2022Feb 24, 2022
$0.2000
$0.2000
Quarterly+33.33%
Oct 28, 2021
Nov 11, 2021Nov 24, 2021
$0.1500
$0.1500
Quarterly+7.14%
Jun 25, 2021
Jul 23, 2021Aug 6, 2021
$0.1400
$0.1400
Quarterly+3.70%
Apr 26, 2021
May 6, 2021May 20, 2021
$0.2700
$0.1350
Quarterly+3.85%
Jan 28, 2021
Feb 11, 2021Feb 25, 2021
$0.2600
$0.1300
Quarterly+23.81%
Oct 26, 2020
Nov 6, 2020Nov 19, 2020
$0.2100
$0.1050
Quarterly0.00%
Jul 23, 2020
Aug 6, 2020Aug 20, 2020
$0.2100
$0.1050
Quarterly0.00%
Apr 24, 2020
May 7, 2020May 21, 2020
$0.2100
$0.1050
Quarterly0.00%
Jan 28, 2020
Feb 5, 2020Feb 19, 2020
$0.2100
$0.1050
Quarterly+110.00%
Oct 8, 2019
Nov 1, 2019Nov 15, 2019
$0.1000
$0.0500
Quarterly-33.33%
Jul 25, 2019
Aug 8, 2019Aug 22, 2019
$0.1500
$0.0750
Quarterly0.00%
Apr 25, 2019
May 9, 2019May 23, 2019
$0.1500
$0.0750
Quarterly0.00%
Jan 28, 2019
Feb 6, 2019Feb 20, 2019
$0.1500
$0.0750
Quarterly+7.14%
Oct 25, 2018
Nov 8, 2018Nov 21, 2018
$0.1400
$0.0700
Quarterly0.00%
Jul 26, 2018
Aug 8, 2018Aug 23, 2018
$0.1400
$0.0700
Quarterly0.00%
Mar 27, 2018
Apr 30, 2018May 14, 2018
$0.1400
$0.0700
Quarterly+27.27%
Jan 25, 2018
Feb 7, 2018Feb 21, 2018
$0.1100
$0.0550
Quarterly0.00%
Oct 26, 2017
Nov 9, 2017Nov 22, 2017
$0.1100
$0.0550
Quarterly0.00%
Jul 28, 2017
Aug 9, 2017Aug 24, 2017
$0.1100
$0.0550
Quarterly0.00%
Apr 27, 2017
May 11, 2017May 25, 2017
$0.1100
$0.0550
Quarterly+10.00%
Jan 27, 2017
Feb 8, 2017Feb 22, 2017
$0.1000
$0.0500
Quarterly0.00%
Oct 28, 2016
Nov 10, 2016Nov 23, 2016
$0.1000
$0.0500
Quarterly0.00%
Jul 28, 2016
Aug 11, 2016Aug 25, 2016
$0.1000
$0.0500
Quarterly0.00%
Apr 29, 2016
May 11, 2016May 25, 2016
$0.1000
$0.0500
Quarterly+42.86%
Jan 29, 2016
Feb 10, 2016Feb 24, 2016
$0.0700
$0.0350
Quarterly0.00%
Oct 29, 2015
Nov 11, 2015Nov 25, 2015
$0.0700
$0.0350
Quarterly0.00%
Jul 29, 2015
Aug 12, 2015Aug 26, 2015
$0.0700
$0.0350
Quarterly0.00%
May 1, 2015
May 14, 2015May 28, 2015
$0.0700
$0.0350
Quarterly+16.67%
Jan 30, 2015
Feb 12, 2015Feb 26, 2015
$0.0600
$0.0300
Quarterly0.00%
Oct 28, 2014
Nov 14, 2014Nov 25, 2014
$0.0600
$0.0300
Quarterly0.00%
Jul 29, 2014
Aug 14, 2014Aug 26, 2014
$0.0600
$0.0300
Quarterly0.00%
Apr 30, 2014
May 14, 2014May 27, 2014
$0.0600
$0.0300
Quarterly-
fsbw

FS Bancorp, Inc. Payout Ratio Analysis

FSBW ยท NASDAQ
Dividends Paid
-10.26M
2025
Net Income
33.35M
2025
Payout Ratio
30.77%
2025

Dividend Sustainability Analysis

Payout Ratio
30.77%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
19.8%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-24.2%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.