FSBW · Fs Bancorp, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $1.17M | $1.13M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $3.38M | - | $3.97M | $3.82M | $3.44M | - | $3.83M | $3.52M | $3.01M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $9.90M | - | $11.59M | $9.76M | $9.46M | - | $9.87M | $11.34M | $10.53M | - |
| Interest Expense | - | - | - | - | - | - | - | - | $14.53M | - |
| Income Tax | $2.07M | - | $2.41M | $2.03M | $1.44M | - | ($420.0K) | $2.38M | $2.13M | - |
| Net Income | $7.83M | - | $9.18M | $7.73M | $8.02M | - | $10.29M | $8.96M | $8.40M | - |
| EPS - Basic | $1.04 | - | $1.20 | $1.00 | $1.02 | - | $1.32 | $1.15 | $1.07 | - |
| EPS - Diluted | $1.02 | - | $1.18 | $0.99 | $1.01 | - | $1.29 | $1.13 | $1.06 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $38.70M | $28.22M | $61.28M | $33.20M | $62.74M | $31.64M | $40.34M | $33.01M | $45.41M | $65.69M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $3.20B | $3.20B | $3.21B | $3.18B | $3.07B | $3.03B | $2.97B | $2.94B | $2.97B | $2.97B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.89B | $2.89B | $2.91B | $2.88B | $2.77B | $2.73B | $2.68B | $2.66B | $2.69B | $2.71B |
| Stockholders' Equity | $313.85M | $307.69M | $300.51M | $297.20M | $298.84M | $295.77M | $288.90M | $284.03M | $277.93M | $264.49M |
| Retained Earnings | $285.85M | $280.20M | $273.88M | $268.51M | $262.94M | $257.11M | $251.84M | $243.65M | $236.72M | $230.35M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.71M | - | - | - | $8.18M | - | - | - | $277.0K | - |
| Investing Cash Flow | $2.23M | - | - | - | ($8.18M) | - | - | - | $2.56M | - |
| Financing Cash Flow | ($456.0K) | - | - | - | $31.11M | - | - | - | ($23.13M) | - |
| CapEx | $273.0K | - | - | - | $350.0K | - | - | - | $357.0K | - |
| Free Cash Flow | $8.44M | - | - | - | $7.83M | - | - | - | ($80.0K) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | 966.3% | 934.3% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | 763.8% | 745.1% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | -7.1% | - |
| FCF / Net income | 1.08 | - | - | - | 0.98 | - | - | - | -0.01 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | 300.0% | 266.9% | - |
| Effective tax rate | 20.9% | - | 20.8% | 20.8% | 15.2% | - | -4.3% | 21.0% | 20.2% | - |
| Return on assets | 0.2% | - | 0.3% | 0.2% | 0.3% | - | 0.3% | 0.3% | 0.3% | - |
| Return on equity | 2.5% | - | 3.1% | 2.6% | 2.7% | - | 3.6% | 3.2% | 3.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 0.7x | - |
| Equity multiplier | 10.21 | 10.39 | 10.68 | 10.69 | 10.26 | 10.24 | 10.28 | 10.36 | 10.69 | 11.24 |
| Liabilities / Assets | 0.90 | 0.90 | 0.91 | 0.91 | 0.90 | 0.90 | 0.90 | 0.90 | 0.91 | 0.91 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | 0.00 | 0.00 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 37.8x | - | 33.8x | 39.8x | 37.6x | - | 34.5x | 32.3x | 32.7x | - |
| P / B | 0.9x | - | 1.0x | 1.0x | 1.0x | - | 1.2x | 1.0x | 1.0x | - |
| P / S | - | - | - | - | - | - | - | 242.3x | 241.0x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | -7.6% | 23.3% | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | 15.7% | 17.9% | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 4.6% | - | 17.4% | -13.9% | -10.1% | - | -14.1% | -1.1% | 2.7% | - |
| Net income growth (YoY) | -2.4% | - | -10.8% | -13.7% | -4.5% | - | 14.9% | -1.7% | 2.3% | - |
| EPS growth (YoY) | 1.0% | - | -8.5% | -12.4% | -4.7% | - | 14.2% | -2.6% | 1.9% | - |
| EPS CAGR (3y) | -0.6% | - | 3.0% | 6.1% | 7.6% | - | 10.0% | 5.2% | -26.8% | - |
| EPS CAGR (5y) | -17.7% | - | -16.7% | -15.5% | -2.4% | - | -4.0% | 2.9% | -1.6% | - |
| FCF growth (YoY) | 7.8% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | -14.1% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 5.0% | 4.0% | 4.0% | 4.6% | 7.5% | 11.8% | 15.3% | 13.6% | 14.9% | 14.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Product / service
$4.61M totalDebit Card$3.20M · 69.4%
Bank Servicing$1.41M · 30.6%
Peer comparison
Same SIC group: Savings Institutions, Not Federally Chartered
Comparing FS Bancorp against the 5 most active filers in the same SIC group.
Dividends
$1.36/share trailing 12 months · +23.6% YoY
| Ex-date | Per share |
|---|---|
| May 7, 2026 | $0.2900 |
| Feb 6, 2026 | $0.2900 |
| Nov 6, 2025 | $0.2800 |
| Aug 7, 2025 | $0.5000 |
| May 8, 2025 | $0.2800 |
| Feb 6, 2025 | $0.2800 |
| Nov 7, 2024 | $0.2700 |
| Aug 7, 2024 | $0.2700 |
| May 8, 2024 | $0.2600 |
| Feb 7, 2024 | $0.2600 |
| Nov 8, 2023 | $0.2500 |
| Aug 9, 2023 | $0.2500 |
| May 10, 2023 | $0.2500 |
| Feb 8, 2023 | $0.2500 |
| Nov 8, 2022 | $0.2000 |
| Aug 10, 2022 | $0.2000 |
| May 11, 2022 | $0.3000 |
| Feb 9, 2022 | $0.2000 |
| Nov 9, 2021 | $0.1500 |
| Jul 22, 2021 | $0.1400 |
| May 5, 2021 | $0.1350 |
| Feb 10, 2021 | $0.1300 |
| Nov 5, 2020 | $0.1050 |
| Aug 5, 2020 | $0.1050 |