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FS Bancorp, Inc.NasdaqCM:FSBW Stock Report

Market Cap US$295.6m
Share Price
US$40.04
My Fair Value
US$45.5
12.0% undervalued intrinsic discount
1Y-5.5%
7D-1.5%
Portfolio Value
View

FS Bancorp, Inc.

NasdaqCM:FSBW Stock Report

Market Cap: US$295.6m

FS Bancorp (FSBW) Stock Overview

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 in Washington. More details

FSBW fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance1/6
Financial Health6/6
Dividends5/6

FSBW Community Fair Values

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FS Bancorp, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for FS Bancorp
Historical stock prices
Current Share PriceUS$40.04
52 Week HighUS$49.15
52 Week LowUS$34.61
Beta0.73
1 Month Change-5.43%
3 Month Change-6.78%
1 Year Change-5.48%
3 Year Change47.21%
5 Year Change85.76%
Change since IPO700.00%

Recent News & Updates

Recent updates

FS Bancorp, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Oct 25
FS Bancorp, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

FS Bancorp (NASDAQ:FSBW) Has Announced That It Will Be Increasing Its Dividend To $0.27

Jul 18
FS Bancorp (NASDAQ:FSBW) Has Announced That It Will Be Increasing Its Dividend To $0.27

FS Bancorp's (NASDAQ:FSBW) Dividend Will Be Increased To $0.26

Jan 28
FS Bancorp's (NASDAQ:FSBW) Dividend Will Be Increased To $0.26

Broker Revenue Forecasts For FS Bancorp, Inc. (NASDAQ:FSBW) Are Surging Higher

Jan 28
Broker Revenue Forecasts For FS Bancorp, Inc. (NASDAQ:FSBW) Are Surging Higher

Shareholder Returns

FSBWUS BanksUS Market
7D-1.5%-2.5%1.2%
1Y-5.5%28.9%17.9%

Return vs Industry: FSBW underperformed the US Banks industry which returned 30.8% over the past year.

Return vs Market: FSBW underperformed the US Market which returned 18.7% over the past year.

Price Volatility

Is FSBW's price volatile compared to industry and market?
FSBW volatility
FSBW Average Weekly Movement3.9%
Banks Industry Average Movement3.5%
Market Average Movement6.4%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.0%

Stable Share Price: FSBW has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FSBW's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1936567Joe Adamswww.fsbwa.com

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 in Washington. 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.

FS Bancorp, Inc. Fundamentals Summary

How do FS Bancorp's earnings and revenue compare to its market cap?
FSBW fundamental statistics
Market capUS$295.61m
Earnings (TTM)US$32.80m
Revenue (TTM)US$139.68m
9.1x
P/E Ratio
1.0x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FSBW income statement (TTM)
RevenueUS$139.68m
Cost of RevenueUS$0
Gross ProfitUS$139.68m
Other ExpensesUS$106.88m
EarningsUS$32.80m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)4.38
Gross Margin100.00%
Net Profit Margin23.48%
Debt/Equity Ratio95.9%

How did FSBW perform over the long term?

See historical performance and comparison

Dividends

2.8%
Current Dividend Yield
26%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/03 05:10
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

FS Bancorp, Inc. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RulisD.A. Davidson & Co.
null nullD.A. Davidson & Co.
Timothy CoffeyJanney Montgomery Scott LLC