FS Bancorp, Inc. (FSBW)

FS Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	178.66	170.86	154.95	111.65	90.74	84.13
Interest Income on Investments	14.78	13.98	12.25	7.05	5.64	4.71
Total Interest Income	193.44	184.84	167.19	118.69	96.37	88.84
Interest Paid on Deposits	55.98	53.16	36.75	9.42	6.93	11.98
Interest Paid on Borrowings	9.56	8.57	7.14	4.99	2.8	2.74
Total Interest Expense	65.54	61.73	43.89	14.41	9.73	14.72
Net Interest Income	127.9	123.11	123.3	104.28	86.65	74.12
Net Interest Income Growth (YoY)	4.45%	-0.16%	18.24%	20.35%	16.90%	5.42%
Gain (Loss) on Sale of Assets	-	8.36	-	-	-	-
Gain (Loss) on Sale of Investments	-	-7.84	-	-	-	0.3
Other Non-Interest Income	12.66	12.48	13.78	10.19	6.43	6.22
Total Non-Interest Income	20.5	21.56	20.49	18.11	37.51	55.36
Non-Interest Income Growth (YoY)	-8.49%	5.20%	13.15%	-51.73%	-32.24%	140.33%
Revenues Before Loan Losses	148.4	144.66	143.79	122.39	124.16	129.48
Provision for Loan Losses	7.44	5.51	4.77	6.22	0.5	13.04
Revenue	140.95	139.15	139.02	116.17	123.66	116.44
Revenue Growth (YoY)	1.07%	0.09%	19.67%	-6.06%	6.20%	28.72%
Salaries and Employee Benefits	55.4	53.29	51.61	45.66	46.5	35.77
Federal Deposit Insurance	2.17	2.01	2.39	1.22	0.64	0.83
Amortization of Goodwill & Intangibles	3.3	3.63	3.46	0.69	0.69	0.71
Selling, General & Administrative	22.77	22.47	19.17	17.25	16.88	14.78
Other Non-Interest Expense	17.21	16.21	15.64	13.46	13.59	12.54
Total Non-Interest Expense	100.86	97.61	92.14	78.29	78.3	64.62
EBT Excluding Unusual Items	40.1	41.54	46.88	37.89	45.36	51.82
Asset Writedown	0.56	0.04	-0.05	0	2.06	-1.97
Pretax Income	40.66	41.58	45.27	36.99	47.42	49.85
Income Tax Expense	8.35	6.56	9.22	7.34	10.01	10.59
Net Income	32.31	35.02	36.05	29.65	37.41	39.26
Preferred Dividends & Other Adjustments	0.57	0.57	0.58	0.55	0.61	0.55
Net Income to Common	31.74	34.45	35.48	29.1	36.8	38.72
Net Income Growth	-13.65%	-2.85%	21.60%	-20.75%	-4.72%	72.84%
Basic Shares Outstanding	8	8	8	8	8	8
Diluted Shares Outstanding	8	8	8	8	8	9
Shares Change (YoY)	-0.50%	1.52%	-1.25%	-6.47%	-2.38%	-4.67%
EPS (Basic)	4.16	4.48	4.63	3.75	4.48	4.58
EPS (Diluted)	4.08	4.36	4.56	3.70	4.37	4.49
EPS Growth	-13.50%	-4.39%	23.24%	-15.33%	-2.67%	79.24%
Dividend Per Share	1.110	1.060	1.000	0.800	0.560	0.420
Dividend Growth	6.73%	6.00%	25.00%	42.86%	33.33%	29.23%
Effective Tax Rate	20.54%	15.77%	20.36%	19.84%	21.11%	21.24%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q