FS Bancorp, Inc.

FS Bancorp, Inc.

FSBW·NASDAQ

$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
8.09%
Return on Invested Capital
60%
3Y+38.0%
5Y-10.0%
10Y-11.0%
10.84%
Return on Equity
-8%
3Y-15.0%
5Y-37.0%
10Y-16.0%
1.04%
Return on Assets
-10%
3Y-7.0%
5Y-44.0%
10Y-18.0%
FS Bancorp, Inc.

FS Bancorp, Inc. Management Team

FSBW · NASDAQ
MJ

Mr. Joseph C. Adams

Chief Executive Officer & Director

Compensation

$1,108,502

Born 1959(Age 67)
male
MD

Mr. Donn C. Costa

Executive Vice President & Chief Home Lending Officer

Compensation

$550,807

Born 1962(Age 64)
male
MV

Ms. Vickie A. Jarman

Executive Vice President & Chief Human Resources Officer

Born 1978(Age 48)
female
MS

Ms. Shana C. Allen

Executive Vice President & Chief Information Officer

Compensation

$505,993

Born 1970(Age 56)
female
MB

Mr. Benjamin G. Crowl

Executive Vice President & Chief Lending Officer

Compensation

$434,985

Born 1985(Age 41)
male
MK

Ms. Kelli B. Nielsen

Executive Vice President & Chief Retail Banking Officer

Compensation

$423,617

Born 1972(Age 54)
female
MM

Mr. Matthew D. Mullet

President, Treasurer & Secretary

Compensation

$777,517

Born 1979(Age 47)
male
MM

Ms. May-Ling Sowell CRCM

Senior Vice President & Compliance Officer

female
MK

Ms. Kathrine Shairrick

Senior Vice President of Service & Operations - 1st Security Bank of Washington

female
MP

Mr. Phillip Whittington

Vice President & Chief Financial Officer

male
fsbw

FS Bancorp, Inc. Insider Positioning

FSBW · NASDAQ

During the last 12 months, insiders have purchased $2.03M and sold $1.91M worth of FSBW shares, resulting in $123K of net buying activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

4.3K

112.79K

Sold

6.4K

254.20K

Net Activity

-141K

-$141K

9-12 Months

Bought

47.8K

1.92M

Sold

40.6K

1.65M

Net Activity

+264K

+$264K

Top Buyers

1
MMD

Mullet Matthew D.

Officer: President

23.6K shares4 transactions

$887K

2
AJC

Adams Joseph C.

Director, Officer: Director/Ceo

22.0K shares3 transactions

$881K

3
LTA

Leech Ted A.

Director, Other: Chairman Of The Board

2.0K shares3 transactions

$78K

4
MMJ

Mansfield Michael J.

Director

1.5K shares1 transactions

$60K

5
APM

Andrews Pamela Marie

Director

1.5K shares1 transactions

$60K

Top Sellers

1
AJC

Adams Joseph C.

Director, Officer: Director/Ceo

37.5K shares5 transactions

$1.53M

2
CM

Cofer-Wildsmith Marina

Director

6.6K shares5 transactions

$265K

3
NK

Nielsen Kelli

Officer: Crb Officer, Evp

861 shares1 transactions

$35K

4
BE

Burr Erin

Officer: Cro & Cra Officer, Evp

591 shares1 transactions

$24K

5
AS

Allen Shana

Officer: Chief Information Officer, Evp

424 shares1 transactions

$17K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Moderately bullish with $123K net buying. Insiders show cautious optimism through measured share purchases.

Buy/Sell Ratio

1.06:1

Positive buy/sell ratio. Buying exceeds or matches selling, indicating net positive insider sentiment.

Insider Participation

Balanced

5 insider buyers and 5 sellers. Equal participation suggests mixed or neutral insider views.

Insider Activity Insight

Broad-based insider buying: When multiple insiders independently decide to purchase shares, it often reflects genuine confidence rather than coordinated optics. This pattern deserves attention, especially if buying followed a price decline.

SEC Filings

FSBW - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

April 06, 2026
May 21, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 07, 2025
May 22, 2025
2025
DEF 14A

DEF 14A 2024

N/A

April 08, 2024
May 23, 2024
2024
DEF 14A

DEF 14A

N/A

April 10, 2023
April 10, 2023
 
DEF 14A

DEF 14A 2022

N/A

April 11, 2022
April 11, 2022
2022
DEF 14A

DEF 14A 2021

N/A

April 12, 2021
April 12, 2021
2021
DEF 14A

DEF 14A 2020

N/A

April 13, 2020
April 13, 2020
2020
DEF 14A

DEF 14A 2019

N/A

April 08, 2019
April 08, 2019
2019
DEF 14A

DEF 14A 2018

N/A

March 28, 2018
March 28, 2018
2018
DEF 14A

DEF 14A 2017

N/A

April 18, 2017
April 18, 2017
2017
Showing 1 to 10 of 15 filings