FS Bancorp
FSBW

$43.62

2.24%

Market Cap: 340M

About: FS Bancorp Inc is the holding company of 1st Security Bank, a diversified lender with a focus on the origination of commercial real estate, one-to-four-family, and home equity loans, consumer loans, including a variety of indirect home improvement (fixture secured loans), and marine loans, and commercial business loans. The company has two operating segments; The commercial and consumer banking segment provides diversified financial products and services to its commercial and consumer customers through Bank branches, automated teller machines, online banking platforms, mobile banking apps, and telephone banking, and The home lending segment originates one-to-four-family residential mortgage loans for sale in the secondary markets as well as loans held for investment.

Employees: 570

Financials Savings Institutions, Not Federally Chartered

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

4.42% more ownership

Funds ownership: 57.9% [Q4 2023] → 62.32% (+4.42%) [Q1 2024]

1% more funds holding

Funds holding: 75 [Q4 2023] → 76 (+1) [Q1 2024]

9% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 23

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]

0% less capital invested

Capital invested by funds: $167M [Q4 2023] → $167M (-$379K) [Q1 2024]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target

$44

1%

upside

Avg. target

$44

1%

upside

High target

$44

1%

upside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

DA Davidson

Jeff Rulis

1%upside

$44

Neutral

Maintained

25 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about FSBW published over the past 30 days

Zacks Investment Research

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.

Here's What Key Metrics Tell Us About FS Bancorp (FSBW) Q2 Earnings

Zacks Investment Research

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.

FS Bancorp (FSBW) Q2 Earnings and Revenues Surpass Estimates

FS Bancorp, Inc. Reports Second Quarter Net Income of $9.0 Million or $1.13 Per Diluted Share and Previously Announced Share Repurchase Plan and 3.8% Increase in its Quarterly Dividend

MOUNTLAKE TERRACE, Wash., July 23, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank” or “1st Security Bank”) today reported 2024 second quarter net income of $9.0 million, or $1.13 per diluted share, compared to $9.1 million, or $1.16 per diluted share, for the comparable quarter one year ago. For the six months ended June 30, 2024, net income was $17.4 million, or $2.20 per diluted share, compared to net income of $17.3 million, or $2.19 per diluted share, for the comparable six-month period in 2023.

FS Bancorp, Inc. Reports Second Quarter Net Income of $9.0 Million or $1.13 Per Diluted Share and Previously Announced Share Repurchase Plan and 3.8% Increase in its Quarterly Dividend

FS Bancorp, Inc. and 1st Security Bank Announces the Promotion of Matthew D. Mullet to President

MOUNTLAKE TERRACE, Wash., July 19, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (the “Company”) (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security Bank” or “Bank”) announced today that it has named Matthew D. Mullet as President of both the Bank and the Company. Mr. Mullet has held the title of Chief Financial Officer at both the Bank and the Company since September 2011 and will also continue in his position as Chief Financial Officer. Joseph C. Adams will remain as Chief Executive Officer for both the Company and the Bank.

FS Bancorp, Inc. and 1st Security Bank Announces the Promotion of Matthew D. Mullet to President

Zacks Investment Research

FS Bancorp (FSBW) Hikes Dividend, Announces $5M Buyback Plan

FS Bancorp (FSBW) raises quarterly cash dividend to 27 cents per share with an additional $5 million share repurchase plan. A solid balance sheet is likely to aid in efficient capital distributions.

FS Bancorp (FSBW) Hikes Dividend, Announces $5M Buyback Plan

FS Bancorp, Inc. Announces Increase in its Cash Dividend and Authorizes Additional Share Repurchases

MOUNTLAKE TERRACE, Wash., July 11, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (“Company”), the holding company for 1st Security Bank of Washington (“Bank”) announced that the Company's Board of Directors authorized an increase in the quarterly cash dividend to $0.27 per quarter from $0.26 per quarter, a 3.8% increase. Joe Adams, the CEO of the Company stated, “We are pleased that the Board approved our forty-sixth consecutive quarterly cash dividend. The cash dividend will be paid on August 21, 2024 to shareholders of record as of August 7, 2024.”

FS Bancorp, Inc. Announces Increase in its Cash Dividend and Authorizes Additional Share Repurchases

1st Security Bank Announces the Promotions of Kelli Nielsen and Donn Costa Effective May 1st, 2024

MOUNTLAKE TERRACE, Wash., May 24, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announced today the promotions of Kelli Nielsen and Donn Costa to the positions of EVP, Chief Retail Banking Officer and EVP, Chief Home Lending Officer, respectively.

1st Security Bank Announces the Promotions of Kelli Nielsen and Donn Costa Effective May 1st, 2024

1st Security Bank Announces the Promotions of Sean McCormick and Robert Nesbitt to Executive Vice President roles

MOUNTLAKE TERRACE, Wash., May 20, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announced today the promotions of Sean McCormick and Robert Nesbitt to the positions of Chief Credit Administration Officer and Chief Credit Operations Officer of the Bank, respectively.

1st Security Bank Announces the Promotions of Sean McCormick and Robert Nesbitt to Executive Vice President roles

Zacks Investment Research

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.

Are Investors Undervaluing FS Bancorp (FSBW) Right Now?

Zacks Investment Research

FS Bancorp (FSBW) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for FS Bancorp (FSBW) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

FS Bancorp (FSBW) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

See News Rankings