FS Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	188.44	181.88	170.86	154.95	111.65	90.74
Interest Income on Investments	14.76	15.37	13.98	12.25	7.05	5.64
Total Interest Income	203.2	197.25	184.84	167.19	118.69	96.37
Interest Paid on Deposits	57.88	57.67	53.16	36.75	9.42	6.93
Interest Paid on Borrowings	10.82	9.17	8.57	7.14	4.99	2.8
Total Interest Expense	68.7	66.84	61.73	43.89	14.41	9.73
Net Interest Income	134.5	130.41	123.11	123.3	104.28	86.65
Net Interest Income Growth	5.16%	5.93%	-0.16%	18.24%	20.35%	16.90%
Gain (Loss) on Sale of Assets	-	-	8.36	-	-	-
Gain (Loss) on Sale of Investments	0.01	-	-7.84	-	-	-
Other Non-Interest Income	13.84	14	12.48	13.78	10.19	6.43
Total Non-Interest Income	22.46	22.28	21.56	20.49	18.11	37.51
Non-Interest Income Growth	9.54%	3.35%	5.20%	13.15%	-51.73%	-32.24%
Revenues Before Loan Losses	156.96	152.68	144.66	143.79	122.39	124.16
Provision for Loan Losses	12.26	9.55	5.51	4.77	6.22	0.5
Revenue	144.7	143.14	139.15	139.02	116.17	123.66
Revenue Growth	2.66%	2.86%	0.09%	19.67%	-6.06%	6.20%
Salaries and Employee Benefits	60.09	55.53	53.29	51.61	45.66	46.5
Federal Deposit Insurance	2.41	2.31	2.01	2.39	1.22	0.64
Amortization of Goodwill & Intangibles	3.02	3.19	3.63	3.46	0.69	0.69
Selling, General & Administrative	23.48	23.09	22.47	19.17	17.25	16.88
Other Non-Interest Expense	17.87	17.84	16.21	15.64	13.46	13.59
Total Non-Interest Expense	106.87	101.96	97.61	92.14	78.29	78.3
EBT Excluding Unusual Items	37.83	41.17	41.54	46.88	37.89	45.36
Asset Writedown	0.03	-0.05	0.04	-0.05	0	2.06
Other Unusual Items	1.66	-	-	-	-	-
Pretax Income	36.35	41.12	41.58	45.27	36.99	47.42
Income Tax Expense	7.24	7.77	6.56	9.22	7.34	10.01
Net Income	29.11	33.35	35.02	36.05	29.65	37.41
Preferred Dividends & Other Adjustments	0.57	0.57	0.57	0.58	0.55	0.61
Net Income to Common	28.55	32.78	34.45	35.48	29.1	36.8
Net Income Growth	-10.07%	-4.85%	-2.88%	21.93%	-20.94%	-4.95%
Basic Shares Outstanding	8	8	8	8	8	8
Diluted Shares Outstanding	8	8	8	8	8	8
Shares Change	-0.91%	-3.16%	1.52%	-1.25%	-6.47%	-2.38%
EPS (Basic)	3.78	4.35	4.48	4.63	3.75	4.48
EPS (Diluted)	3.71	4.29	4.36	4.56	3.70	4.37
EPS Growth	-9.14%	-1.61%	-4.39%	23.24%	-15.33%	-2.67%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.150	1.120	1.060	1.000	0.800	0.560
Dividend Growth	3.60%	5.66%	6.00%	25.00%	42.86%	33.33%
Effective Tax Rate	19.91%	18.91%	15.77%	20.36%	19.84%	21.11%

SEC Filings: 10-K · 10-Q