Financial Services -
Banks - Regional - NASDAQ - US
$ 42.95
3.57 %
$ 331 M
Market Cap
9.97
P/E
1. INTRINSIC VALUE
Balance Sheet
FS Bancorp, Inc.
| Current Assets | 215 M |
| Cash & Short-Term Investments | 201 M |
| Receivables | 13.9 M |
| Other Current Assets | 0 |
| Non-Current Assets | 2.81 B |
| Long-Term Investments | 2.65 B |
| PP&E | 35.1 M |
| Other Non-Current Assets | 127 M |
| Current Liabilities | 2.34 B |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 2.34 B |
| Non-Current Liabilities | 394 M |
| Long-Term Debt | 355 M |
| Other Non-Current Liabilities | 39 M |
EFFICIENCY
Earnings Waterfall
FS Bancorp, Inc.
| Revenue | 204 M |
| Cost Of Revenue | 67.2 M |
| Gross Profit | 136 M |
| Operating Expenses | 94.9 M |
| Operating Income | 41.6 M |
| Other Expenses | 6.56 M |
| Net Income | 35 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
FS Bancorp, Inc.
| Net Income | 35 M |
| Depreciation & Amortization | 10.6 M |
| Capital Expenditures | -1.64 M |
| Stock-Based Compensation | 1.81 M |
| Change in Working Capital | 2.87 M |
| Others | 7.6 M |
| Free Cash Flow | 49.2 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
2.44%
FSBW Average Price Target
Wall Street Target
44 USD
2.44%
FSBW Highest Price Target
Wall Street Target
44 USD
2.44%
4. DIVIDEND
ANALYSIS
0.75%
DIVIDEND YIELD
0.28 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
0 USD 0
9-12 MONTHS
7. News
Compared to Estimates, FS Bancorp (FSBW) Q1 Earnings: A Look at Key Metrics
The headline numbers for FS Bancorp (FSBW) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 2 months ago
FS Bancorp (FSBW) Surpasses Q1 Earnings and Revenue Estimates
FS Bancorp (FSBW) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $1.06 per share a year ago.
zacks.com
- 2 months ago
FS Bancorp, Inc. Reports First Quarter Net Income of $8.0 Million or $1.01 Per Diluted Share and the Forty-Ninth Consecutive Quarterly Cash Dividend
MOUNTLAKE TERRACE, Wash., April 22, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2025 first quarter net income of $8.0 million, or $1.01 per diluted share, compared to $8.4 million, or $1.06 per diluted share, for the comparable quarter one year ago.
globenewswire.com
- 2 months ago
FS Bancorp, Inc. Authorizes Additional Share Repurchases
MOUNTLAKE TERRACE, Wash., April 04, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (“Company”), the holding company for 1st Security Bank of Washington (“Bank”) announced that its Board of Directors has authorized an additional repurchase of up to $5.0 million in shares of the Company's outstanding common stock in the open market, in privately negotiated transactions from time to time over a 12-month period until March 31, 2026, 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. In addition, the previously announced repurchase plan, that was announced on November 15, 2024, has approximately $900,000 remaining that is authorized for repurchase.
globenewswire.com
- 3 months ago
FS Bancorp, Inc. and 1st Security Bank Announce the Promotion of Phillip Whittington to Chief Financial Officer
MOUNTLAKE TERRACE, Wash., April 01, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (“Company”) (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security Bank” or “Bank”) announced today that it has named Phillip Whittington as Chief Financial Officer of both the Bank and the Company effective May 1, 2025. Matthew D. Mullet, who previously served as Chief Financial Officer and President will continue to serve as the President for both the Company and the Bank.
globenewswire.com
- 3 months ago
16 Upcoming Dividend Increases
Sixteen companies are boosting their dividends, with an average increase of 8.2%, signaling financial health and stability, particularly among regional banks. My investment strategy focuses on companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth.
seekingalpha.com
- 5 months ago
FS Bancorp (FSBW) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for FS Bancorp (FSBW) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 5 months ago
FS Bancorp (FSBW) Q4 Earnings and Revenues Lag Estimates
FS Bancorp (FSBW) came out with quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.23 per share a year ago.
zacks.com
- 5 months ago
FS Bancorp, Inc. Reports $7.4 Million of Net Income or $0.92 Per Diluted Share for 2024 and 3.7% Increase in Its Quarterly Dividend
MOUNTLAKE TERRACE, Wash., Jan. 21, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”), today reported fourth quarter net income of $7.4 million, or $0.92 per diluted share, compared to $9.8 million, or $1.23 per diluted share, for the comparable quarter one year ago. The decrease in net income during the fourth quarter of 2024, compared to the preceding quarter, was primarily due to a $420,000 tax benefit recorded during the preceding quarter, compared to a $2.5 million tax provision recorded for the fourth quarter of 2024. The tax benefit for the third quarter of 2024 was due to $28.4 million of energy tax credits purchased during the third quarter related to the Inflation Reduction Act of 2022. Net income for the year ended December 31, 2024 was $35.0 million, or $4.36 per diluted share, compared to $36.1 million, or $4.56 per diluted share for 2023.
globenewswire.com
- 5 months ago
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
- 8 months 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
- 8 months 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
- 8 months ago
8. Profile
Summary
FS Bancorp, Inc. FSBW
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 331 M
Dividend Yield
0.75%
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
567
Officers
Ms. Vickie A. Jarman
Executive Vice President & Chief Human Resources Officer
Mr. Donn C. Costa
Executive Vice President & Chief Home Lending Officer
Ms. Kelli B. Nielsen
Executive Vice President & Chief Retail Banking Officer
Mr. Joseph C. Adams
Chief Executive Officer & Director
Mr. Matthew D. Mullet
President, Treasurer & Secretary
Mr. Phillip Whittington
Vice President & Chief Financial Officer
Ms. May-Ling Sowell CRCM
Senior Vice President & Compliance Officer
Ms. Kathrine Shairrick
Senior Vice President of Service & Operations - 1st Security Bank of Washington
Ms. Shana C. Allen
Executive Vice President & Chief Information Officer
Mr. Benjamin G. Crowl
Executive Vice President & Chief Lending Officer