$40.27
-3.0%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.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Strong net margins indicate efficient operations and favorable tax/interest management.
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
FSBW โข NASDAQ
| FS Bancorp, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||||||||||||
217.5M | 203.7M | 185.3M | 134.1M | 131.1M | 142.1M | 109.6M | 79M | 66.5M | 59.2M | 47.8M | 33.5M | 28.8M | 23.2M | 17.9M | 20M | 19.6M | 21M | 21.9M | |
GROSS PROFIT | |||||||||||||||||||
(72.8M) | (67.2M) | (48.7M) | (20.6M) | (10.2M) | (27.8M) | (22.2M) | (11.8M) | (5.7M) | (6.6M) | (5.9M) | (4.5M) | (4.3M) | (5.3M) | (5.4M) | (7.4M) | (11.6M) | (7.5M) | (5.8M) | |
144.7M | 136.5M | 136.6M | 113.5M | 120.9M | 114.4M | 87.4M | 67.3M | 60.9M | 52.7M | 41.8M | 29M | 24.4M | 18M | 12.5M | 12.6M | 8M | 13.5M | 16.1M | |
OPERATING INCOME | |||||||||||||||||||
(100M) | (94.9M) | (91.3M) | (76.5M) | (73.4M) | (64.5M) | (59.3M) | (38.7M) | (40.3M) | (36.6M) | (28.1M) | (22.5M) | (18.5M) | (14.8M) | (10.9M) | (11M) | (12.5M) | (17.3M) | (14.3M) | |
(58.6M) | (58.4M) | (57.4M) | (49.8M) | (51M) | (39.5M) | (34.9M) | (29.8M) | (27.8M) | (23.2M) | (17.7M) | (14.8M) | (11.6M) | (9M) | (6.2M) | (10.7M) | (11.4M) | (15.2M) | (12.5M) | |
44.7M | 41.6M | 45.3M | 37M | 47.4M | 49.9M | 28.1M | 28.6M | 20.6M | 16.1M | 13.7M | 6.5M | 5.9M | 3.2M | 1.5M | 1.6M | -4.6M | -3.9M | 1.8M | |
PRE-TAX INCOME | |||||||||||||||||||
(66.8M) | (61.7M) | (43.9M) | (14.4M) | (9.7M) | (14.7M) | (19.3M) | (10.2M) | (4.9M) | (4.2M) | (3.7M) | (2.7M) | (2.2M) | (2.4M) | (3M) | (3.9M) | (4.5M) | (6.9M) | (5.5M) | |
130.4M | 123.1M | 123.3M | 104.3M | 86.6M | 74.1M | 70.3M | 52.1M | 41.2M | 33.9M | 28M | 22.1M | 19.6M | 16.4M | 13.5M | 13.4M | 11.9M | 10.7M | 11.4M | |
(41.4M) | (36.5M) | (34M) | (26.7M) | (22.4M) | (25.1M) | (24.4M) | (8.9M) | (12.4M) | (13.4M) | (10.4M) | (7.7M) | (6.9M) | (5.7M) | (4.7M) | (359K) | (1.2M) | (2.1M) | (1.7M) | |
-3.6M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
41.1M | 41.6M | 45.3M | 37M | 47.4M | 49.9M | 28.1M | 28.6M | 20.6M | 16.1M | 13.7M | 6.5M | 5.9M | 3.2M | 1.5M | 1.6M | -4.6M | -3.9M | 1.8M | |
NET INCOME | |||||||||||||||||||
(7.8M) | (6.6M) | (9.2M) | (7.3M) | (10M) | (10.6M) | (5.4M) | (4.2M) | (6.5M) | (5.6M) | (4.9M) | (1.9M) | (2M) | -2.1M | (0.0) | (0.0) | (0.0) | (271.5K) | (573.1K) | |
33.3M | 35M | 36.1M | 29.6M | 37.4M | 39.3M | 22.7M | 24.3M | 14.1M | 10.5M | 8.9M | 4.5M | 3.9M | 5.3M | 1.5M | 1.6M | -4.6M | -4.1M | 1.2M |
FSBW - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 01, 2026 | June 01, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 27, 2026 | May 21, 2026 | 2026 | |
10-Q/A 10-Q/A 2026 Q1 (Amended) Q1 | May 12, 2026 | March 31, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | May 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 21, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 06, 2026 | May 21, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 13, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 26, 2026 | February 25, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 03, 2026 | February 02, 2026 | 2026 |
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