FS Bancorp, Inc. (FSBW)

NASDAQ: FSBW · Real-Time Price · USD
39.97
+0.01 (0.03%)
At close: May 12, 2026, 4:00 PM EDT
39.97
0.00 (0.00%)
After-hours: May 12, 2026, 4:10 PM EDT
Market Cap212.30M -28.6%
Revenue (ttm)144.04M +3.2%
Net Income32.59M -4.3%
EPS4.30 -0.2%
Shares Out 5.31M
PE Ratio9.29
Forward PE8.98
Dividend$1.16 (2.90%)
Ex-Dividend DateMay 7, 2026
Volume9,915
Open39.96
Previous Close39.96
Day's Range39.86 - 40.65
52-Week Range36.66 - 44.22
Beta0.67
AnalystsHold
Price Target46.00 (+15.09%)
Earnings DateApr 21, 2026

About 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 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. The company provides one-to-four-family residential first mortgages loans, home equity loan produ... [Read more]

Sector Financials
IPO Date Jul 10, 2012
Employees 585
Stock Exchange NASDAQ
Ticker Symbol FSBW
Full Company Profile

Financial Performance

In 2025, FS Bancorp's revenue was $143.14 million, an increase of 2.87% compared to the previous year's $139.15 million. Earnings were $32.78 million, a decrease of -4.85%.

Financial Statements

Analyst Summary

According to one analyst, the rating for FSBW stock is "Hold" and the 12-month stock price target is $46.0.

Price Target
$46.0
(15.09% upside)
Analyst Consensus: Hold
Stock Forecasts

News

FS Bancorp reports Q1 EPS $1.02, consensus $1.01

Reports Q1 tangible book value per share $40.61. Reports Q1 CET1 capital ratio 11.15%. “Book value per share reached a split adjusted record of $42.42 in the first quarter of…

21 days ago - TheFly

FS Bancorp to merge with Pacific West Bancorp in $34.6M deal

FS Bancorp (FSBW) and Pacific West Bancorp announced the signing of a definitive merger agreement and plan of merger whereby Pacific West will merge into FS Bancorp in a stock…

2 months ago - TheFly

M&A News: FS Bancorp (FSBW) Bolsters Regional Presence with Pacific West Bancorp Acquisition

Regional bank FS Bancorp ($FSBW) announced an agreement to acquire Pacific West Bancorp ($PWBK) in a stock and cash deal valued at $34.6 million. U.S. regional banks have been pursuing…

2 months ago - TipRanks

FS Bancorp and Pacific West Bancorp to merge

FS Bancorp (FSBW) and Pacific West Bancorp announced the signing of a definitive merger agreement and plan of merger whereby Pacific West will merge into FS Bancorp in a stock…

2 months ago - TheFly

FS Bancorp, Inc. and Pacific West Bancorp to Merge

MOUNTLAKE TERRACE, Wash., Feb. 25, 2026 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (“FS Bancorp”) (NASDAQ: FSBW) and Pacific West Bancorp (“Pacific West”) (OTCPK: PWBK) announced today the signing of a defi...

2 months ago - GlobeNewsWire

1st Security Bank CEO Matthew Mullet joins the Federal Reserve Bank of San Francisco's Seattle Branch Board of Directors

MOUNTLAKE TERRACE, Wash., Feb. 12, 2026 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announces the appointmen...

3 months ago - GlobeNewsWire

FS Bancorp price target lowered to $45 from $47 at DA Davidson

DA Davidson lowered the firm’s price target on FS Bancorp (FSBW) to $45 from $47 and keeps a Neutral rating on the shares after its Q4 earnings miss. From a…

3 months ago - TheFly

FS Bancorp reports Q4 EPS $1.10, consensus $1.13

Reports Q4 tangible book value per share $39.65. Reports Q4 CET1 capital ratio 12.73%. “The Company remains focused on growing both book value and tangible book value, which increased 8.6%…

3 months ago - TheFly

FS Bancorp increases quarterly dividend to 29c per share

“Our consistent operating performance and strong capital position continue to support meaningful returns to our shareholders,” stated Joe Adams, CEO of FS Bancorp (FSBW), Inc. “We are also thankful to...

3 months ago - TheFly

FS Bancorp, Inc. Reports $8.4 Million of Net Income or $1.10 Per Diluted Share for the Fourth Quarter of 2025 and 3.6% Increase in Its Quarterly Dividend

MOUNTLAKE TERRACE, Wash., Jan. 21, 2026 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”), today reported net in...

3 months ago - GlobeNewsWire

1st Security Bank Announces Omeed Salashoor as new Director of Home Lending

MOUNTLAKE TERRACE, Wash., Dec. 23, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announces Omeed Salashoo...

5 months ago - GlobeNewsWire

FS Bancorp announces additional $5M share repurchase

FS Bancorp (FSBW) has authorized an additional repurchase of up to $5M in shares of the company’s outstanding common stock in the open market, in privately negotiated transactions from time…

7 months ago - TheFly

FS Bancorp, Inc. Authorizes Additional Share Repurchases

MOUNTLAKE TERRACE, Wash., Oct. 27, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (“Company”), the holding company for 1st Security Bank of Washington (“Bank”) announced that its Board of Di...

7 months ago - GlobeNewsWire

FS Bancorp price target lowered to $41 from $44 at DA Davidson

DA Davidson analyst Jeff Rulis lowered the firm’s price target on FS Bancorp (FSBW) to $41 from $44 and keeps a Neutral rating on the shares after its Q3 results.

7 months ago - TheFly

FS Bancorp reports Q3 EPS $1.18, consensus $1.08

Reports Q3 tangible book value per share $38.43. Reports Q3 total deposits $2.69B, representing an increase of 10.7% vs. last year. “We continue to manage our strong net interest margins…

7 months ago - TheFly

FS Bancorp, Inc. Reports Third Quarter Net Income of $9.2 Million or $1.18 Per Diluted Share and Declares 51st Consecutive Quarterly Cash Dividend

MOUNTLAKE TERRACE, Wash., Oct. 21, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2025 th...

7 months ago - GlobeNewsWire

FS Bancorp appoints Matt Mullet as CEO of 1st Security Bank

FS Bancorp (FSBW) named Matthew Mullet President and CEO of 1st Security Bank, effective September 1, 2025. Joseph Adams, who has served as CEO of the Bank since 2004, will…

9 months ago - TheFly

FS Bancorp, Inc. Announces CEO Succession Plan

Retiring Chief Executive Officer Joe Adams Remains CEO of FS Bancorp until May 2026; Matt Mullet Named President and CEO of 1st Security Bank and will continue as President of FS Bancorp.

9 months ago - GlobeNewsWire

FS Bancorp price target raised to $44 from $41 at DA Davidson

DA Davidson raised the firm’s price target on FS Bancorp (FSBW) to $44 from $41 and keeps a Neutral rating on the shares. The pick up in loan growth this…

10 months ago - TheFly

FS Bancorp reports Q2 EPS 99c, consensus 97c

Reports Q2 tangible book value per share $37.46. “We are proud of the balance sheet growth this quarter driven by solid loan demand. Additionally, our share repurchase activity reflects our…

10 months ago - TheFly

FS Bancorp, Inc. Reports Second Quarter Net Income of $7.7 Million or $0.99 Per Diluted Share and Declares 50th Consecutive Quarterly Cash Dividend in Addition to a Special Dividend

MOUNTLAKE TERRACE, Wash., July 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 se...

10 months ago - GlobeNewsWire

FS Bancorp promotes May-Ling Sowell to chief compliance officer

FS Bancorp (FSBW) announced the promotion of May-Ling Sowell to the position of chief compliance officer, SVP. In her new role, Sowell is responsible for and leads a team of…

10 months ago - TheFly

1st Security Bank Announces the Promotion of May-Ling Sowell, effective July 1, 2025

MOUNTLAKE TERRACE, Wash., July 21, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announced the promotion ...

10 months ago - GlobeNewsWire

FS Bancorp board authorizes repurchase of up to $5M in shares

FS Bancorp (FSBW) announced that its Board of Directors has authorized an additional repurchase of up to $5M in shares of the company’s outstanding common stock in the open market,…

10 months ago - TheFly

FS Bancorp reports Q1 EPS $1.01, consensus 93c

Reports Q1 tangible book value per share $36.96. Reports Q1 CET1 capital ratio 11.3%. “Deposit growth exceeded expectations in the first quarter of 2025, enabling the Bank to be well…

1 year ago - TheFly