Financial Services - Banks - Regional - NASDAQ - US
$ 46.47
-0.343 %
$ 363 M
Market Cap
9.93
P/E
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.[ Read More ]
The intrinsic value of one FSBW stock under the base case scenario is HIDDEN Compared to the current market price of 46.5 USD, FS Bancorp, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart FSBW
FINANCIALS
139 M
REVENUE
46.8 M
OPERATING INCOME
36.1 M
NET INCOME
77.7 M
OPERATING CASH FLOW
77.7 M
INVESTING CASH FLOW
-131 M
FINANCING CASH FLOW
47 M
REVENUE
9.87 M
OPERATING INCOME
10.6 M
NET INCOME
-23 M
OPERATING CASH FLOW
-655 K
INVESTING CASH FLOW
23.3 M
FINANCING CASH FLOW
Balance Sheet Decomposition
FS Bancorp, Inc.
| Current Assets | 65.7 M |
| Cash & Short-Term Investments | 65.7 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 2.91 B |
| Long-Term Investments | 301 M |
| PP&E | 37.2 M |
| Other Non-Current Assets | 2.57 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 2.71 B |
| Long-Term Debt | 150 M |
| Other Non-Current Liabilities | 2.56 B |
EFFICIENCY
Earnings Waterfall
FS Bancorp, Inc.
| Revenue | 139 M |
| Cost Of Revenue | 0 |
| Gross Profit | 139 M |
| Operating Expenses | 141 M |
| Operating Income | 46.8 M |
| Other Expenses | 10.8 M |
| Net Income | 36.1 M |
RATIOS
100.00%
GROSS MARGIN
33.69%
OPERATING MARGIN
25.93%
NET MARGIN
13.63%
ROE
1.21%
ROA
9.15%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
FS Bancorp, Inc.
| Net Income | 36.1 M |
| Depreciation & Amortization | 12.6 M |
| Capital Expenditures | -1.67 M |
| Stock-Based Compensation | 2.01 M |
| Change in Working Capital | -3.73 M |
| Others | 27.6 M |
| Free Cash Flow | 76 M |
Wall Street Analysts Price Targets
FS Bancorp, Inc.
Wall Street analysts predict an average 1-year price target for FSBW of $44 , with forecasts ranging from a low of $44 to a high of $44 .
FSBW Lowest Price Target
Wall Street Target
44 USD
-5.32%
FSBW Average Price Target
Wall Street Target
44 USD
-5.32%
FSBW Highest Price Target
Wall Street Target
44 USD
-5.32%
4. DIVIDEND ANALYSIS
0.61%
DIVIDEND YIELD
0.27 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
FS Bancorp, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
18 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
9 months ago
Feb 01, 2024
|
Bought 18 K USD
|
Degner Terri L
director, other: Director of the Bank |
+ 500
|
36.09 USD |
|
1 year ago
Aug 25, 2023
|
Sell 103 K USD
|
FULLER ROBERT B
Retired Chief Credit Officer |
- 3368
|
30.53 USD |
|
1 year ago
Aug 15, 2023
|
Bought 11 K USD
|
Andrews Pamela Marie
Director |
+ 354
|
31 USD |
|
1 year ago
Aug 04, 2023
|
Sell 9.05 K USD
|
FULLER ROBERT B
Chief Credit Officer |
- 290
|
31.216 USD |
|
1 year ago
Jun 01, 2023
|
Sell 144 K USD
|
FULLER ROBERT B
Chief Credit Officer |
- 5040
|
28.54 USD |
|
2 years ago
Nov 09, 2022
|
Sell 77.7 K USD
|
FULLER ROBERT B
Chief Credit Officer |
- 2468
|
31.48 USD |
|
2 years ago
Aug 22, 2022
|
Sell 304 K USD
|
FULLER ROBERT B
Chief Credit Officer |
- 10000
|
30.42 USD |
|
2 years ago
Aug 17, 2022
|
Sell 163 K USD
|
Zavaglia Joseph P.
director: |
- 5200
|
31.36 USD |
|
2 years ago
Jun 02, 2022
|
Sell 35.7 K USD
|
TUEFFERS MARK
director: |
- 1180
|
30.23 USD |
|
2 years ago
May 24, 2022
|
Sell 29.8 K USD
|
TUEFFERS MARK
director: |
- 1000
|
29.75 USD |
|
2 years ago
May 20, 2022
|
Sell 28.8 K USD
|
TUEFFERS MARK
director: |
- 1000
|
28.75 USD |
|
2 years ago
May 17, 2022
|
Sell 35 K USD
|
TUEFFERS MARK
director: |
- 1200
|
29.2 USD |
|
2 years ago
May 10, 2022
|
Sell 74.8 K USD
|
Piesik Margaret R.
director: |
- 2500
|
29.94 USD |
|
2 years ago
May 04, 2022
|
Sell 29.9 K USD
|
TUEFFERS MARK
director: |
- 1000
|
29.9 USD |
|
2 years ago
Feb 16, 2022
|
Sell 117 K USD
|
TUEFFERS MARK
Director |
- 3500
|
33.5 USD |
|
2 years ago
Nov 26, 2021
|
Bought 1.14 K USD
|
Andrews Pamela Marie
Director |
+ 33.2673
|
34.325 USD |
|
2 years ago
Nov 23, 2021
|
Sell 176 K USD
|
O'Leary Dennis V
Chief Lending Officer |
- 5000
|
35.21 USD |
|
2 years ago
Nov 23, 2021
|
Sell 176 K USD
|
O'Leary Dennis V
Chief Lending Officer |
- 5000
|
35.21 USD |
|
3 years ago
Nov 11, 2021
|
Sell 185 K USD
|
O'Leary Dennis V
Chief Lending Officer |
- 5220
|
35.48 USD |
|
3 years ago
Nov 08, 2021
|
Sell 182 K USD
|
O'Leary Dennis V
Chief Lending Officer |
- 5100
|
35.65 USD |
|
3 years ago
Aug 27, 2021
|
Sell 137 K USD
|
TUEFFERS MARK
Director |
- 4000
|
34.24 USD |
|
3 years ago
Aug 19, 2021
|
Sell 24.9 K USD
|
TUEFFERS MARK
Director |
- 740
|
33.6 USD |
|
3 years ago
Aug 19, 2021
|
Sell 66.1 K USD
|
FULLER ROBERT B
Chief Credit Officer |
- 1968
|
33.6 USD |
|
3 years ago
Aug 05, 2021
|
Sell 35.2 K USD
|
Piesik Margaret R.
Director |
- 1000
|
35.15 USD |
|
3 years ago
Aug 05, 2021
|
Sell 35.2 K USD
|
Piesik Margaret R.
Director |
- 1000
|
35.15 USD |
|
3 years ago
Jul 30, 2021
|
Sell 104 K USD
|
Piesik Margaret R.
Director |
- 3000
|
34.78 USD |
|
3 years ago
May 20, 2021
|
Sell 141 K USD
|
COSTA DONN C
EVP Home Lending |
- 2012
|
70.25 USD |
|
3 years ago
May 21, 2021
|
Sell 464 K USD
|
COSTA DONN C
EVP Home Lending |
- 6598
|
70.31 USD |
|
3 years ago
May 18, 2021
|
Sell 173 K USD
|
COSTA DONN C
EVP Home Lending |
- 2457
|
70.25 USD |
|
3 years ago
May 14, 2021
|
Sell 485 K USD
|
COSTA DONN C
EVP Home Lending |
- 6891
|
70.37 USD |
|
3 years ago
May 17, 2021
|
Sell 403 K USD
|
COSTA DONN C
EVP Home Lending |
- 5727
|
70.33 USD |
|
3 years ago
Apr 30, 2021
|
Sell 24.1 K USD
|
COSTA DONN C
EVP Home Lending |
- 352
|
68.47 USD |
|
3 years ago
Apr 30, 2021
|
Sell 24.1 K USD
|
COSTA DONN C
EVP Home Lending |
- 352
|
68.47 USD |
|
3 years ago
May 03, 2021
|
Sell 529 K USD
|
COSTA DONN C
EVP Home Lending |
- 7648
|
69.16 USD |
|
3 years ago
May 03, 2021
|
Sell 529 K USD
|
COSTA DONN C
EVP Home Lending |
- 7648
|
69.16 USD |
|
3 years ago
Apr 29, 2021
|
Sell 403 USD
|
TUEFFERS MARK
Director |
- 6
|
67.2 USD |
|
3 years ago
Apr 30, 2021
|
Sell 134 K USD
|
TUEFFERS MARK
Director |
- 1994
|
67.2 USD |
|
3 years ago
Apr 28, 2021
|
Sell 277 K USD
|
Adams Joseph C.
Director/CEO |
- 4109
|
67.52 USD |
|
3 years ago
Apr 29, 2021
|
Sell 1.04 M USD
|
Adams Joseph C.
Director/CEO |
- 15523
|
67.3 USD |
|
3 years ago
Jan 12, 2021
|
Sell 10.7 K USD
|
TUEFFERS MARK
Director |
- 178
|
60 USD |
|
3 years ago
Jan 08, 2021
|
Sell 22.4 K USD
|
TUEFFERS MARK
Director |
- 373
|
60 USD |
|
3 years ago
Jan 08, 2021
|
Sell 3 K USD
|
TUEFFERS MARK
Director |
- 50
|
60.01 USD |
|
3 years ago
Jan 07, 2021
|
Sell 18 K USD
|
TUEFFERS MARK
Director |
- 300
|
60 USD |
|
3 years ago
Jan 07, 2021
|
Sell 5.98 K USD
|
TUEFFERS MARK
Director |
- 99
|
60.36 USD |
|
3 years ago
Dec 16, 2020
|
Sell 177 K USD
|
TUEFFERS MARK
Director |
- 3036
|
58.38 USD |
|
3 years ago
Dec 17, 2020
|
Sell 5.9 K USD
|
TUEFFERS MARK
Director |
- 100
|
59 USD |
|
3 years ago
Dec 14, 2020
|
Sell 5.8 K USD
|
TUEFFERS MARK
Director |
- 100
|
58 USD |
|
3 years ago
Dec 15, 2020
|
Sell 11.6 K USD
|
TUEFFERS MARK
Director |
- 200
|
58 USD |
|
3 years ago
Dec 15, 2020
|
Sell 3.73 K USD
|
TUEFFERS MARK
Director |
- 64
|
58.24 USD |
|
4 years ago
Nov 11, 2020
|
Sell 28.2 K USD
|
FULLER ROBERT B
Chief Credit Officer |
- 572
|
49.33 USD |
|
7 years ago
Feb 10, 2017
|
Sell 110 K USD
|
Mullet Matthew D.
CFO & COO |
- 2822
|
39.11 USD |
|
7 years ago
Feb 10, 2017
|
Sell 110 K USD
|
Mullet Matthew D.
CFO & COO |
- 2822
|
39.11 USD |
|
7 years ago
Feb 13, 2017
|
Sell 114 K USD
|
Mullet Matthew D.
CFO & COO |
- 2941
|
38.75 USD |
|
7 years ago
Feb 13, 2017
|
Sell 114 K USD
|
Mullet Matthew D.
CFO & COO |
- 2941
|
38.75 USD |
|
4 years ago
Feb 11, 2020
|
Sell 140 K USD
|
Zavaglia Joseph P.
Director |
- 2600
|
53.7 USD |
|
4 years ago
Feb 03, 2020
|
Sell 246 K USD
|
Adams Joseph C.
Director/CEO |
- 4479
|
55.03 USD |
|
4 years ago
Jan 30, 2020
|
Sell 167 K USD
|
Cofer-Wildsmith Marina
Director |
- 3000
|
55.52 USD |
|
4 years ago
Jan 31, 2020
|
Sell 98.4 K USD
|
Cofer-Wildsmith Marina
Director |
- 1798
|
54.72 USD |
|
4 years ago
Dec 20, 2019
|
Sell 12.2 K USD
|
Cofer-Wildsmith Marina
Director |
- 191
|
64 USD |
|
4 years ago
Dec 17, 2019
|
Sell 32.6 K USD
|
Cofer-Wildsmith Marina
Director |
- 510
|
64 USD |
|
4 years ago
Dec 16, 2019
|
Sell 125 K USD
|
Cofer-Wildsmith Marina
Director |
- 1954
|
64 USD |
|
4 years ago
Nov 26, 2019
|
Sell 16 K USD
|
Burr Erin
CRO and CRA, EVP |
- 266
|
60 USD |
|
5 years ago
Nov 01, 2019
|
Sell 229 K USD
|
FULLER ROBERT B
Chief Credit Officer |
- 4000
|
57.14 USD |
|
5 years ago
Nov 08, 2019
|
Sell 14 K USD
|
FULLER ROBERT B
Chief Credit Officer |
- 240
|
58.5 USD |
|
5 years ago
Oct 29, 2019
|
Sell 11.2 K USD
|
Piesik Margaret R.
Director |
- 200
|
56.23 USD |
|
5 years ago
May 23, 2019
|
Sell 15.2 K USD
|
Steck Debra Lynn
Executive VP - Home Lending |
- 313
|
48.44 USD |
|
5 years ago
May 23, 2019
|
Sell 116 K USD
|
Steck Debra Lynn
Executive VP - Home Lending |
- 2400
|
48.14 USD |
|
5 years ago
May 24, 2019
|
Sell 825 K USD
|
Steck Debra Lynn
Executive VP - Home Lending |
- 17187
|
48 USD |
|
5 years ago
May 24, 2019
|
Sell 511 K USD
|
Steck Debra Lynn
Executive VP - Home Lending |
- 10640
|
48.01 USD |
|
5 years ago
Feb 19, 2019
|
Sell 136 K USD
|
TUEFFERS MARK
Director |
- 2600
|
52.325 USD |
7. News
FS Bancorp, Inc. Authorizes Additional Share Repurchases
MOUNTLAKE TERRACE, Wash., Nov. 15, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (“Company”), the holding company for 1st Security Bank of Washington (“Bank”) announced that the Company has completed the $5.0 million repurchase program announced on July 11, 2024. The Company also announced that its Board of Directors has authorized an additional repurchase of up to $5.0 million in shares of the Company's outstanding shares of common stock in the open market, in privately negotiated transactions or shares withheld upon the exercise of equity awards from time to time over a 12-month period until October 31, 2025, at such prices as may be determined by the Company's management. The repurchase program will commence no sooner than the third trading day after the public announcement of this repurchase program.
globenewswire.com
- 1 day ago
FS Bancorp (FSBW) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for FS Bancorp (FSBW) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 3 weeks ago
FS Bancorp (FSBW) Surpasses Q3 Earnings and Revenue Estimates
FS Bancorp (FSBW) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.13 per share a year ago.
zacks.com
- 3 weeks ago
FS Bancorp, Inc. Reports Third Quarter Net Income of $10.3 Million or $1.29 Per Diluted Share and the Forty-Seventh Consecutive Quarterly Cash Dividend
MOUNTLAKE TERRACE, Wash., Oct. 22, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2024 third quarter net income of $10.3 million, or $1.29 per diluted share, compared to $9.0 million, or $1.13 per diluted share, for the comparable quarter one year ago. For the nine months ended September 30, 2024, net income was $27.6 million, or $3.45 per diluted share, compared to net income of $26.3 million, or $3.33 per diluted share, for the comparable nine-month period in 2023.
globenewswire.com
- 3 weeks ago
Why FS Bancorp (FSBW) Could Beat Earnings Estimates Again
FS Bancorp (FSBW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.com
- 1 month ago
FS Bancorp (FSBW) Earnings Expected to Grow: Should You Buy?
FS Bancorp (FSBW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
FS Bancorp, Inc. Appoints Terri L. Degner to Board of Directors
MOUNTLAKE TERRACE, Wash., Oct. 01, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ:FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”), today announced that Terri L. Degner has been appointed to the Board of Directors of the Company.
globenewswire.com
- 1 month ago
Are Investors Undervaluing FS Bancorp (FSBW) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 2 months ago
Should Value Investors Buy FS Bancorp (FSBW) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 3 months ago
7 Upcoming Dividend Increases
The article presents upcoming dividend increases, with an average increase of 7.1% and a median of 5.9%. Investment strategy involves buying companies with a consistent dividend growth history and beating benchmarks for long-term portfolio success. Data is sourced from the U.S. Dividend Champions spreadsheet and NASDAQ for companies with at least 5 years of dividend growth.
seekingalpha.com
- 3 months ago
Here's What Key Metrics Tell Us About FS Bancorp (FSBW) Q2 Earnings
While the top- and bottom-line numbers for FS Bancorp (FSBW) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 3 months ago
FS Bancorp (FSBW) Q2 Earnings and Revenues Surpass Estimates
FS Bancorp (FSBW) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $1.25 per share a year ago.
zacks.com
- 3 months ago
8. Profile Summary
FS Bancorp, Inc. FSBW
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 363 M
Dividend Yield
0.61%
Description
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.
Contact
6920 220th Street SW, Mountlake Terrace, WA, 98043
https://www.fsbwa.com
IPO Date
July 10, 2012
Employees
559
Officers
Mr. Joseph C. Adams
Chief Executive Officer & Director
Ms. Kelli B. Nielsen
Executive Vice President & Chief Retail Banking Officer
Ms. Vickie A. Jarman
Executive Vice President & Chief Human Resources Officer
Ms. Kathrine Shairrick
Senior Vice President of Service & Operations - 1st Security Bank of Washington
Ms. Jill Coates
Senior Vice President of Home Lending Credit
Ms. Shana Allen
Executive Vice President & Chief Information Officer
Mr. Matthew D. Mullet
President, Chief Financial Officer, Treasurer & Secretary
Mr. Donn C. Costa
Executive Vice President & Chief Home Lending Officer
Mr. Paul Taylor
Senior Vice President of Home Lending Operations
Ms. May-Ling Sowell CRCM
Senior Vice President & Compliance Officer