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FSBW

FSBW - FS Bancorp Inc Stock Price, Fair Value and News

31.38USD+0.15 (+0.48%)Market Closed

Market Summary

FSBW
USD31.38+0.15
Market Closed
0.48%

FSBW Stock Price

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FSBW RSI Chart

FSBW Valuation

Market Cap

244.9M

Price/Earnings (Trailing)

6.79

Price/Sales (Trailing)

1.47

EV/EBITDA

0.99

Price/Free Cashflow

3.22

FSBW Price/Sales (Trailing)

FSBW Profitability

EBT Margin

27.08%

Return on Equity

13.63%

Return on Assets

1.21%

Free Cashflow Yield

31.03%

FSBW Fundamentals

FSBW Revenue

Revenue (TTM)

167.2M

Rev. Growth (Yr)

24.08%

Rev. Growth (Qtr)

2.71%

FSBW Earnings

Earnings (TTM)

36.1M

Earnings Growth (Yr)

28.21%

Earnings Growth (Qtr)

9.15%

Breaking Down FSBW Revenue

Last 7 days

1.6%

Last 30 days

-5.5%

Last 90 days

-16.3%

Trailing 12 Months

14.9%

How does FSBW drawdown profile look like?

FSBW Financial Health

FSBW Investor Care

Dividend Yield

3.19%

Dividend/Share (TTM)

1

Shares Dilution (1Y)

0.87%

Diluted EPS (TTM)

4.56

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023132.7M146.6M158.6M167.2M
202298.2M101.4M107.7M118.7M
202189.7M91.8M94.5M96.4M
202089.3M88.6M88.1M88.8M
201971.6M80.0M87.1M89.6M
201849.1M52.0M55.3M62.3M
201739.2M41.2M43.8M46.2M
201633.5M34.8M36.6M38.0M
201526.4M28.3M29.8M31.7M
201422.1M22.5M23.5M24.8M
201319.7M20.6M21.4M21.7M
201216.6M17.0M17.8M18.8M
201100016.5M

Tracking the Latest Insider Buys and Sells of FS Bancorp Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 06, 2024
allen shana
acquired
555
32.69
17.00
chief information officer
Feb 06, 2024
zavaglia joseph p.
acquired
2,484
32.69
76.00
-
Feb 06, 2024
leech ted a.
acquired
2,484
32.69
76.00
-
Feb 06, 2024
andrews pamela marie
acquired
17,489
32.69
535
-
Feb 06, 2024
jarman victoria
acquired
3,759
32.69
115
chr and wow! officer, evp
Feb 06, 2024
costa donn c
acquired
15,004
32.69
459
evp, home lending
Feb 06, 2024
cofer-wildsmith marina
acquired
6,243
32.69
191
-
Feb 06, 2024
degner terri l
acquired
2,484
32.69
76.00
-
Feb 06, 2024
burr erin
acquired
7,486
32.69
229
cro and cra officer, evp
Feb 06, 2024
adams joseph c.
acquired
7,486
32.69
229
director/ceo

1–10 of 50

Which funds bought or sold FSBW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
AMALGAMATED BANK
reduced
-65.59
-16,000
8,000
-%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
26,662
132,095
-%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
reduced
-3.67
-150,417
1,427,470
-%
Apr 19, 2024
CALDWELL SUTTER CAPITAL, INC.
reduced
-6.07
-71,763
536,894
0.26%
Apr 19, 2024
Copeland Capital Management, LLC
added
1.61
-1,579
32,905
-%
Apr 19, 2024
DENALI ADVISORS LLC
unchanged
-
-23,175
357,513
0.10%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
added
112
295
590
-%
Apr 17, 2024
Clarius Group, LLC
unchanged
-
-22,500
347,100
0.02%
Apr 08, 2024
BEESE FULMER INVESTMENT MANAGEMENT, INC.
unchanged
-
-35,527
548,071
0.05%
Apr 05, 2024
CWM, LLC
new
-
-
-
-%

1–10 of 50

Are Funds Buying or Selling FSBW?

Are funds buying FSBW calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FSBW
No. of Funds

Unveiling FS Bancorp Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
12.5%
978,184
SC 13G/A
Feb 13, 2024
vanguard group inc
5.15%
401,328
SC 13G
Feb 09, 2024
principal financial group inc
5.98%
466,578
SC 13G/A
Jan 29, 2024
blackrock inc.
6.0%
469,908
SC 13G
Feb 14, 2023
t. rowe price investment management, inc.
10.7%
821,427
SC 13G/A
Feb 06, 2023
principal financial group inc
6.10%
472,259
SC 13G/A
Jul 08, 2022
blackrock inc.
1.6%
125,711
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
9.6%
793,298
SC 13G/A
Feb 03, 2022
blackrock inc.
5.3%
431,708
SC 13G/A
Jan 26, 2022
principal financial group inc
5.77%
471,170
SC 13G/A

Recent SEC filings of FS Bancorp Inc

View All Filings
Date Filed Form Type Document
Apr 24, 2024
8-K
Current Report
Apr 08, 2024
DEF 14A
DEF 14A
Apr 08, 2024
DEFA14A
DEFA14A
Mar 15, 2024
10-K
Annual Report
Feb 28, 2024
8-K
Current Report
Feb 28, 2024
8-K
Current Report
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 08, 2024
4
Insider Trading

Peers (Alternatives to FS Bancorp Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
556.1B
171.1B
-0.89% 40.25%
11.22
3.25
60.72% 31.52%
301.8B
130.3B
3.99% 32.91%
11.38
2.32
79.51% -3.68%
216.8B
85.7B
6.82% 49.45%
11.33
2.53
41.49% 39.96%
119.4B
133.3B
2.49% 30.42%
12.94
0.9
79.09% -
16.3B
10.2B
0.65% 23.03%
10.13
1.6
44.53% -22.43%
13.9B
7.9B
-1.71% 42.46%
14.42
1.76
46.47% -49.56%
MID-CAP
7.0B
4.2B
1.67% 30.02%
7.96
1.68
56.25% -23.46%
6.2B
3.9B
2.80% 57.76%
9.19
1.58
45.91% -25.03%
3.3B
1.3B
2.99% 50.41%
12.38
2.6
43.24% -22.35%
3.2B
2.0B
3.49% 25.83%
17.62
1.65
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
414.5M
164.9M
-2.10% 42.66%
35.44
2.51
42.66% -70.76%
380.2M
162.6M
-5.51% 7.64%
12.64
2.34
25.39% -38.37%
284.2M
96.6M
-4.81% 8.26%
8.97
2.94
11.02% -11.37%
47.3M
60.9M
2.22% -5.80%
-14.14
0.78
24.06% -144.92%

FS Bancorp Inc News

Latest updates
Yahoo Canada Finance • 10 hours ago
Yahoo Finance Australia • 13 hours ago
MarketBeat • 23 Apr 2024 • 07:00 am
Yahoo Movies Canada • 14 Apr 2024 • 06:01 pm
StockNews.com • 22 Mar 2024 • 04:45 pm

FS Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.7%44.0043.0041.0039.0036.0031.0027.0025.0025.0025.0024.0023.0023.0022.0022.0022.0022.0023.0022.0022.0020.00
  S&GA Expenses-2.4%3.003.004.003.003.003.002.002.003.003.003.002.003.003.003.002.003.002.003.002.003.00
EBITDA Margin-3.4%1.08*1.12*1.18*1.24*1.31*1.39*1.43*1.47*1.55*1.60*1.66*1.69*---------
Interest Expenses-0.6%30.0031.0032.0031.0029.0028.0025.0023.0023.0023.0021.0020.0020.0019.0018.0017.0017.0018.0018.0018.0016.00
Income Taxes-8.9%2.003.002.002.002.002.002.002.002.003.002.003.003.003.003.001.001.002.001.002.001.00
Earnings Before Taxes5.2%12.0011.0011.0010.0010.0011.008.008.0011.0011.0010.0015.0014.0016.0013.006.007.009.006.007.0013.00
EBT Margin0.4%0.27*0.27*0.29*0.29*0.31*0.35*0.38*0.41*0.49*0.54*0.61*0.65*---------
Net Income9.1%10.009.009.008.008.008.007.007.009.008.009.0012.0011.0013.0010.005.006.007.004.005.0012.00
Net Income Margin0.9%0.22*0.21*0.23*0.23*0.25*0.28*0.30*0.33*0.39*0.42*0.49*0.51*---------
Free Cashflow-45.3%12.0023.0024.0018.0020.0035.0031.0098.009.0026.0054.0018.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.8%2,9732,9202,9062,7832,6332,6522,3992,2742,2862,2292,2232,1762,1132,0552,0091,8471,7131,6951,6411,6261,622
    Cash Equivalents-18.6%66.0081.0013258.0041.0016029.0030.0026.0028.0087.0085.0092.0036.0012649.0046.0063.0060.0063.0033.00
  Net PPE-1.1%31.0031.0031.0032.0025.0025.0026.0026.0027.0027.0028.0027.0027.0028.0028.0029.0029.0029.0030.0029.0029.00
  Goodwill0%4.004.004.004.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.00
Liabilities1.5%2,7082,6692,6562,5412,4012,4322,1772,0382,0391,9881,9811,9351,8831,8341,8001,6461,5131,5011,4521,4401,442
  Short Term Borrowings-23.1%94.00122--187----------------
Shareholder's Equity5.5%264251250242232221223236248240242240230221209201200194189186180
  Retained Earnings3.5%23022321620820219618918517917216515714613612411511110699.0095.0091.00
  Additional Paid-In Capital-0.2%57.0057.0057.0056.0055.0054.0055.0065.0068.0068.0076.0082.0081.0082.0082.0085.0089.0089.0090.0092.0091.00
Shares Outstanding0.1%8.008.008.008.008.008.008.008.008.008.008.008.00---------
Float---204---197---262---148---217--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-44.8%12,63522,87823,68518,47120,95234,97631,02897,9429,48426,11055,21618,19967,075-62,837-6,573-29,98212,8111,318-11,8176,8653,038
  Share Based Compensation-402---539--------------262275
Cashflow From Investing22.3%-64,810-83,441-62,430288,350-108,743-150,456-158,006-86,839-60,854-80,098-94,284-75,597-62,168-55,723-63,842-88,957-43,357-41,0801,81427,42227,875
Cashflow From Financing307.1%37,1939,137112,663-290,077-30,569246,618126,031-7,98849,529-4,23440,17651,26850,59628,509147,618122,08213,43043,0626,523-3,992-13,336
  Dividend Payments0.5%1,9501,9401,9391,9351,5431,5472,3721,6341,2201,1511,1361,095880882887925875656662663511
  Buy Backs-223----1,73210,4513,4451,3196,8275,5422731,1274473,2394,9891,0501.002,4132851.00

FSBW Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
INTEREST INCOME   
Loans receivable, including fees$ 154,945,000$ 111,648,000$ 90,737,000
Interest and dividends on investment securities, cash and cash equivalents, and certificates of deposit at other financial institutions12,247,0007,046,0005,637,000
Total interest and dividend income167,192,000118,694,00096,374,000
INTEREST EXPENSE   
Deposits36,751,0009,420,0006,929,000
Borrowings5,196,0003,052,0001,074,000
Subordinated notes1,942,0001,942,0001,722,000
Total interest expense43,889,00014,414,0009,725,000
NET INTEREST INCOME123,303,000[1]104,280,000[1]86,649,000[2]
PROVISION FOR CREDIT LOSSES4,774,0006,217,000500,000
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES118,529,00098,063,00086,149,000
NONINTEREST INCOME   
Service charges and fee income11,138,0008,525,0004,349,000
Gain on sale of loans6,711,0007,917,00031,083,000
Earnings on cash surrender value of BOLI920,000876,000866,000
Other noninterest income1,721,000790,0001,215,000
Total noninterest income20,490,000[3]18,108,000[4]37,513,000[3]
NONINTEREST EXPENSE   
Salaries and benefits53,622,00047,632,00049,721,000
Operations13,070,00010,743,00010,791,000
Occupancy6,378,0005,165,0004,892,000
Data processing6,852,0006,062,0004,951,000
(Gain) loss on sale of OREO(148,000)09,000
Loan costs2,574,0002,718,0002,795,000
Professional and board fees2,584,0003,154,0003,181,000
Federal Deposit Insurance Corporation (“FDIC”) insurance2,392,0001,224,000636,000
Marketing and advertising1,349,000897,000634,000
Acquisition costs1,562,000898,0000
Amortization of core deposit intangible3,464,000691,000691,000
Impairment (recovery) of MSRs48,000(1,000)(2,059,000)
Total noninterest expense[5]93,747,00079,183,00076,242,000
INCOME BEFORE PROVISION FOR INCOME TAXES45,272,00036,988,00047,420,000
PROVISION FOR INCOME TAXES9,219,0007,339,00010,008,000
Net income$ 36,053,000$ 29,649,000$ 37,412,000
Basic earnings per share (in dollars per share)$ 4.63$ 3.75$ 4.48
Diluted earnings per share (in dollars per share)$ 4.56$ 3.7$ 4.37
[1]Net interest income is the difference between interest earned on assets and the cost of liabilities to fund those assets. Interest earned includes actual interest earned on segment assets and, if the segment has excess liabilities, interest credits for providing funding to the other segment. The cost of liabilities includes interest expense on segment liabilities and, if the segment does not have enough liabilities to fund its assets, a funding charge based on the cost of assigned liabilities to fund segment assets.
[2]Net interest income is the difference between interest earned on assets and the cost of liabilities to fund those assets. Interest earned includes actual interest earned on segment assets and, if the segment has excess liabilities, interest credits for providing funding to the other segment. The cost of liabilities includes interest expense on segment liabilities and, if the segment does not have enough liabilities to fund its assets, a funding charge based on the cost of assigned liabilities to fund segment assets.
[3]Noninterest income includes activity from certain residential mortgage loans that were initially originated for sale and measured at fair value, and subsequently transferred to loans held for investment. Gains and losses from changes in fair value for these loans are reported in earnings as a component of noninterest income. For the years ended December 31, 2023, 2022, and 2021, the Company recorded net increases in fair value of $447,000, net decreases of $1.7 million, and net decreases of $29,000, respectively. As of December 31, 2023, 2022, and 2021, there were $15.1 million, $14.0 million, and $17.8 million, respectively, in residential mortgage loans recorded at fair value as they were previously transferred from loans held for sale to loans held for investment.
[4]Noninterest income includes activity from certain residential mortgage loans that were initially originated for sale and measured at fair value, and subsequently transferred to loans held for investment. Gains and losses from changes in fair value for these loans are reported in earnings as a component of noninterest income. For the years ended December 31, 2023, 2022, and 2021, the Company recorded net increases in fair value of $447,000, net decreases of $1.7 million, and net decreases of $29,000, respectively. As of December 31, 2023, 2022, and 2021, there were $15.1 million, $14.0 million, and $17.8 million, respectively, in residential mortgage loans recorded at fair value as they were previously transferred from loans held for sale to loans held for investment.
[5]Noninterest expense includes allocated overhead expense from general corporate activities. Allocation is determined based on a combination of segment assets and FTEs. For the years ended December 31, 2023, 2022, and 2021, the Home Lending segment included allocated overhead expenses of $6.1 million, $6.2 million, and $7.3 million, respectively.

FSBW Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Cash and due from banks$ 17,083$ 10,525
Interest-bearing deposits at other financial institutions48,60830,912
Total cash and cash equivalents65,69141,437
Certificates of deposit at other financial institutions24,1674,712
Securities available-for-sale, at fair value292,933229,252
Securities held-to-maturity, net of allowance for credit losses of $45 and $31, respectively (fair value of $7,666 and $7,929, respectively)8,4558,469
Loans held for sale, at fair value25,66820,093
Loans receivable, net (includes $15,088 and $14,035, at fair value, respectively)2,401,4812,190,860
Accrued interest receivable14,00511,144
Premises and equipment, net30,57825,119
Operating lease right-of-use (“ROU”) assets6,6276,226
Federal Home Loan Bank (“FHLB”) stock, at cost2,11410,611
Other real estate owned (“OREO”)0570
Deferred tax asset, net6,7256,670
Bank owned life insurance (“BOLI”), net37,71936,799
MSRs held for sale, held at the lower of cost or fair value8,0860
Goodwill3,5922,312
Core deposit intangible, net17,3433,369
Other assets18,39517,240
TOTAL ASSETS2,972,6692,632,900
LIABILITIES  
Noninterest-bearing accounts670,831554,174
Interest-bearing accounts1,851,4921,573,567
Total deposits2,522,3232,127,741
Borrowings93,746186,528
Principal amount50,00050,000
Unamortized debt issuance costs(473)(539)
Total subordinated notes less unamortized debt issuance costs49,52749,461
Total, operating lease6,8486,474
Other liabilities35,73730,999
Total liabilities2,708,1812,401,203
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS’ EQUITY  
Preferred stock, $.01 par value; 5,000,000 shares authorized; none issued or outstanding00
Common stock, $.01 par value; 45,000,000 shares authorized; 7,800,545 and 7,736,185 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively7877
Additional paid-in capital57,36255,187
Retained earnings230,354202,065
Accumulated other comprehensive loss, net of tax(23,306)(25,632)
Total stockholders’ equity264,488231,697
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY2,972,6692,632,900
Mortgage Servicing Rights [Member]  
ASSETS  
Mortgage servicing rights (“MSRs”), held at the lower of cost or fair value$ 9,090$ 18,017
FSBW
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. It operates full bank service branches and home loan production offices in suburban communities in the greater Puget Sound area, including Snohomish, King, Pierce, Jefferson, Kitsap, Clallam, Grays Harbor, and Thurston counties; and a loan production office in the market area of the Tri-Cities. The company was founded in 1936 and is headquartered in Mountlake Terrace, Washington.
 CEO
 WEBSITEfsbwa.com
 INDUSTRYBanks Diversified
 EMPLOYEES581

FS Bancorp Inc Frequently Asked Questions


What is the ticker symbol for FS Bancorp Inc? What does FSBW stand for in stocks?

FSBW is the stock ticker symbol of FS Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of FS Bancorp Inc (FSBW)?

As of Wed Apr 24 2024, market cap of FS Bancorp Inc is 244.95 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FSBW stock?

You can check FSBW's fair value in chart for subscribers.

What is the fair value of FSBW stock?

You can check FSBW's fair value in chart for subscribers. The fair value of FS Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of FS Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FSBW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is FS Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether FSBW is over valued or under valued. Whether FS Bancorp Inc is cheap or expensive depends on the assumptions which impact FS Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FSBW.

What is FS Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, FSBW's PE ratio (Price to Earnings) is 6.79 and Price to Sales (PS) ratio is 1.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FSBW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on FS Bancorp Inc's stock?

In the past 10 years, FS Bancorp Inc has provided 0.159 (multiply by 100 for percentage) rate of return.