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FS Bancorp, Inc. (FSBW) stock

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NASDAQ: FSBW Nasdaq Regional Banks Next results ~January 19, 2027

C Fundamentals grade

FS Bancorp, Inc. is a US-listed company in the regional banks industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 4 selling0 purchases and 11 sales by directors and officers, last 12 monthsInsider trades
  • Funds55 adding, 32 cuttingOf 20 active managers that changed their stake, 13 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter FS Bancorp files

Where FS Bancorp stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $156m, up 6.6% on a year earlier, about the same pace as a quarter earlier. That puts it 153 of 190 for growth among the regional banks companies we cover. The diluted share count is down 4.4% on a year earlier, which lifts each remaining share.

Our model value for FS Bancorp is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 19, 2027 (estimated)

FS Bancorp, Inc.'s trailing-twelve-month revenue grew 6.6% year on year, with a free-cash-flow margin of 62.9%. Where it stands out: change in share count of -4.4% ranks 23 of 230 regional banks companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 84.0% while net income fell 0.2%: a 84pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Strong cash generation. 62.9% of revenue turned into free cash flow.
  • Shrinking share count. Diluted shares fell 4.4% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Below peers: revenue growth. Revenue growth of 6.6% ranks 188 of 245 regional banks companies we cover (median 12.5%).
  • Below peers: net margin. Net margin of 21.4% ranks 186 of 245 regional banks companies we cover (median 28.7%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 8.5% over 90 days.

Latest results: FY2026 Q2

Filed August 10, 2026
Earnings per share
$0.65 against an average estimate of $1.11: missed by 41.0%
Revenue
$39m, up 4.1% on a year earlier
Share reaction
-1.1% in the first session after the results on October 21, 2026, against -0.7% for the S&P 500
Next report
January 19, 2027; average EPS estimate $1.03

FS Bancorp's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.0%
  • 1 week+0.1%
  • 1 month-1.3%
  • This year+9.5%
  • 1 year+17.5%
  • 5 years+44.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$156M
Net margin
21.4%
EPS (TTM, diluted)
$4.44

Growth

Revenue growth
+6.6%
Change in growth rate
+0.3 pts
Share count change
−4.4%

Earnings

Last results
October 21, 2026
Next results (est.)
January 20, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Results
  3. Announcement
  4. Announcement
  5. Announcement
  6. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

FS Bancorp, Inc. valuation models and calculator

No model value for FS Bancorp, Inc. at the moment. Current status: valuation models disagree too widely to rate. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valuation models disagree too widely to rate: held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value FS Bancorp, Inc. as a bank or lender, with every model that fits that kind of business. Cost of equity 8.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.74 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$71 ~$49–$110 Primary model, counts double
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$77 ~$65–$95 Included
Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. ~$63 ~$39–$86 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$35 ~$45–$67 Included
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$43 ~$41–$52 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$86 ~$70–$110 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare FS Bancorp, Inc. with banks and lenders in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

87 /100

Strong moat

How hard FS Bancorp's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 17 / 20

    Net income has been a median 1.3% of total assets over 10 years.

  • Durability 18 / 20

    Net margin has been a median 24.8%; its worst year was 20.9%.

  • Discipline 20 / 20

    The diluted share count fell 15.7% over five years; stock-based pay has been a median 1.2% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (92 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 19, 2027, after the close. Analysts expect revenue of $43m and EPS of $1.03 (range $0.98 to $1.07) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.94 +5% $161m +5%
Next $4.47 +13% $175m +9%

Next year's EPS estimate has moved −8.5% in 90 days, across 3 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −9.6% on 90 days ago. In the last 30 days, 1 analyst raised FS Bancorp, Inc.'s forecast and 2 cut it.

Consensus EPS forecast FS Bancorp, Inc., last 90 days
$3.50 $4.00 $4.50 $5.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.36 Current fiscal year, 60 days ago: $4.34 Current fiscal year, 30 days ago: $4.34 Current fiscal year, 7 days ago: $4.34 Current fiscal year, Now: $3.94 $3.94 Next fiscal year, 90 days ago: $4.88 Next fiscal year, 60 days ago: $4.67 Next fiscal year, 30 days ago: $4.67 Next fiscal year, 7 days ago: $4.67 Next fiscal year, Now: $4.47 $4.47

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.36$4.88
60 days ago $4.34$4.67
30 days ago $4.34$4.67
7 days ago $4.34$4.67
Now $3.94$4.47

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $1.11 $0.65 −41.0%
Jun 2026 $1.08 $0.86 −20.2%
Mar 2026 $1.01 $1.02 +0.7%
Dec 2025 $1.13 $0.97 −13.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 21, 2026

No numeric guidance in FS Bancorp, Inc.'s latest earnings release (filed October 21, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

3 analysts, Oct 2026
Buy00%
Hold3100%
Sell00%

Monthly trend

  1. Oct 202633
  2. Sep 202633
  3. Aug 202633

Counts of recommendations published by analysts covering FS Bancorp, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.7%
of tradable shares
Days to cover
5.17
at average volume
Short interest, 1 month
+7%
to October 15, 2026
Held by institutions
67%
of shares
Held by insiders
8.4%
of shares
Employees
626
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +17.4%

$37.62 on October 31, 2025 to $44.17

ThenNowEffect
Revenue (last 12 months) $146m $156m +6.6%
Net margin 22.8% 21.4% −6.4%
P/E multiple 8.9x 10.0x +12.5%
Share count 8m 8m +4.6%

Biggest factor: p/e multiple.

Last 3 years +61.5%

$27.35 on November 3, 2023 to $44.17

ThenNowEffect
Revenue (last 12 months) $137m $156m +13.9%
Net margin 24.4% 21.4% −12.3%
P/E multiple 6.3x 10.0x +57.2%
Share count 8m 8m +2.9%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
FSBW+25%+2%+14%+14%+4%+10%
Industry peers (median)+34%−4%−2%+16%+10%+24%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
FSBW58%33%50%58%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
FSBW−12%−22%−29%−17%−14%−15%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 54% from July 10, 2018 to March 20, 2020. Getting back needed a 117% gain, reached on March 1, 2021, 346 days after the low.

Price behaviour

52-week range
$36.53 – $44.97
From 52-week high
−1.8%
vs 50-day average
+0.8%
vs 200-day average
+5.9%
Volatility (1 year)
25%
Beta vs S&P 500
0.12

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±2.7%
After a week
7 up, 5 down
typical move ±3.4%
After a month
7 up, 4 down
typical move ±3.8%
Results releasedNext dayS&P 500 next day5 days21 days
October 21, 2026 −1.1% −0.7% −2.4% —
July 21, 2026 0.0% +0.7% +1.5% +0.2%
April 22, 2026 −1.3% +0.6% −0.1% −0.1%
January 21, 2026 +5.0% +1.7% −4.7% +1.4%
October 22, 2025 +1.3% +0.1% +0.3% +2.3%
July 22, 2025 −0.1% +0.9% −3.1% −2.8%
April 22, 2025 +5.2% +4.2% +4.4% +4.7%
January 21, 2025 −1.9% +1.5% −1.4% −4.2%
October 22, 2024 +3.8% −1.0% +6.5% +8.3%
July 23, 2024 +5.8% −2.4% +10.0% +5.4%
April 24, 2024 +0.7% −0.4% +1.7% +5.4%
January 24, 2024 +6.4% +0.7% +4.5% −6.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

FS Bancorp, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) FS Bancorp, Inc.
$140M $145M $150M $155M $160M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $140.9M Revenue (TTM), FY23 Q4: $143.8M Revenue (TTM), FY24 Q1: $143.4M Revenue (TTM), FY24 Q2: $143.3M Revenue (TTM), FY24 Q3: $144.8M Revenue (TTM), FY24 Q4: $144.7M Revenue (TTM), FY25 Q1: $145.3M Revenue (TTM), FY25 Q2: $146.3M Revenue (TTM), FY25 Q3: $148.4M Revenue (TTM), FY25 Q4: $152.7M Revenue (TTM), FY26 Q1: $154.5M Revenue (TTM), FY26 Q2: $156M $156M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $140.9M
FY23 Q4 $143.8M
FY24 Q1 $143.4M
FY24 Q2 $143.3M
FY24 Q3 $144.8M
FY24 Q4 $144.7M
FY25 Q1 $145.3M
FY25 Q2 $146.3M
FY25 Q3 $148.4M
FY25 Q4 $152.7M
FY26 Q1 $154.5M
FY26 Q2 $156M
Revenue growth, TTM YoY FS Bancorp, Inc.
0% 5% 10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 17.4% Revenue growth, TTM YoY, FY23 Q4: 17.5% Revenue growth, TTM YoY, FY24 Q1: 10.6% Revenue growth, TTM YoY, FY24 Q2: 4.6% Revenue growth, TTM YoY, FY24 Q3: 2.8% Revenue growth, TTM YoY, FY24 Q4: 0.6% Revenue growth, TTM YoY, FY25 Q1: 1.4% Revenue growth, TTM YoY, FY25 Q2: 2.1% Revenue growth, TTM YoY, FY25 Q3: 2.5% Revenue growth, TTM YoY, FY25 Q4: 5.5% Revenue growth, TTM YoY, FY26 Q1: 6.3% Revenue growth, TTM YoY, FY26 Q2: 6.6% 6.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 17.4%
FY23 Q4 17.5%
FY24 Q1 10.6%
FY24 Q2 4.6%
FY24 Q3 2.8%
FY24 Q4 0.6%
FY25 Q1 1.4%
FY25 Q2 2.1%
FY25 Q3 2.5%
FY25 Q4 5.5%
FY26 Q1 6.3%
FY26 Q2 6.6%
FCF margin (TTM) FS Bancorp, Inc.
0% 20% 40% 60% 80% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 59.4% FCF margin (TTM), FY23 Q4: 52.9% FCF margin (TTM), FY24 Q1: 40.7% FCF margin (TTM), FY24 Q2: 31.1% FCF margin (TTM), FY24 Q3: 14.1% FCF margin (TTM), FY24 Q4: 34.0% FCF margin (TTM), FY25 Q1: 39.3% FCF margin (TTM), FY25 Q2: 36.4% FCF margin (TTM), FY25 Q3: 65.0% FCF margin (TTM), FY25 Q4: 34.0% FCF margin (TTM), FY26 Q1: 34.0% FCF margin (TTM), FY26 Q2: 62.9% 62.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 59.4%
FY23 Q4 52.9%
FY24 Q1 40.7%
FY24 Q2 31.1%
FY24 Q3 14.1%
FY24 Q4 34.0%
FY25 Q1 39.3%
FY25 Q2 36.4%
FY25 Q3 65.0%
FY25 Q4 34.0%
FY26 Q1 34.0%
FY26 Q2 62.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

What FS Bancorp earned on its loans and securities in FY2025, what it paid depositors and lenders, and how its revenue split between running costs, credit losses, tax and profit.

  1. Interest income $197M
  2. Fee and other income $22.3M · 14.6%
  3. Interest paid $66.8M
  4. Net interest income $130M · 85.4%
  5. Revenue $153M
  6. Non-interest expense $102M · 66.8%
  7. Credit-loss provisions $9.5M · 6.3%
  8. Pre-tax profit $41.1M · 26.9%
  9. Income tax $7.8M · 5.1%
  10. Net income $33.3M · 21.8%

Shares of revenue. Source: FS Bancorp's 10-K for FY2025, as filed with the SEC.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 16 23 28 32 46 57 65 79 93 129 124 122 144 145 153 156
Net income 2 5 4 5 9 10 14 24 23 39 37 30 36 35 33 33
Diluted EPS — $0.88 $1.29 $1.52 $2.93 $3.51 $4.28 $6.29 $5.01 $4.49 $4.37 $3.70 $4.56 $4.36 $4.29 $4.44
Growth (year on year)
Revenue — +41.6% +26.0% +13.0% +41.9% +25.8% +13.7% +20.9% +18.2% +38.7% −4.1% −1.4% +17.5% +0.6% +5.5% +6.6%
Net income — +242.7% −26.0% +15.8% +95.5% +18.3% +34.2% +72.9% −6.7% +72.8% −4.7% −20.8% +21.6% −2.9% −4.8% −0.2%
Diluted EPS — — +46.6% +17.8% +92.8% +19.8% +21.9% +47.0% −20.3% −10.4% −2.7% −15.3% +23.2% −4.4% −1.6% +4.4%
Margins
Net margin 9.7% 23.4% 13.8% 14.1% 19.4% 18.3% 21.6% 30.8% 24.3% 30.3% 30.1% 24.2% 25.1% 24.2% 21.8% 21.4%
Free-cash-flow margin 20.9% −19.5% 14.2% −15.2% −18.8% −0.0% 21.5% 22.3% 7.2% −26.0% 86.2% 149.8% 52.9% 34.0% 34.0% 62.9%
Cash flow
Cash from operations 5 −1 6 −4 −7 4 15 21 9 −32 109 185 78 51 72 118
Capital spending 1 4 2 1 2 4 1 4 2 1 2 2 2 2 20 20
Free cash flow 3 −4 4 −5 −9 −0 14 18 7 −34 107 183 76 49 52 98
Stock-based pay 0 0 0 0 1 1 1 1 1 1 1 2 2 2 2 2
Free cash flow after stock pay 3 −5 4 −5 −9 −1 13 17 6 −35 106 181 74 47 50 96
Balance sheet
Cash 19 7 38 16 24 36 19 33 46 92 26 41 66 32 28 30
Total debt 0 0 0 0 0 0 0 0 85 166 43 373 94 308 129 325
Net debt (negative = net cash) −19 −7 −38 −16 −24 −36 −19 −33 39 74 16 332 28 276 101 295
Diluted shares — 6m 6m 6m 6m 6m 7m 8m 9m 9m 8m 8m 8m 8m 8m 8m
Returned to shareholders
Dividends — 0 0 1 1 1 1 2 3 4 5 7 8 8 10 10
Buybacks — — 0 2 0 5 0 0 5 10 14 16 0 3 15 11
Total returned — 0 0 3 1 6 2 2 8 13 19 23 8 11 26 21

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$10.7M
Dividends (TTM)
$10.2M
Returned to shareholders
21%
of free cash flow
Buybacks, last 3 fiscal years
$18.2M
Diluted share count
−4.4%
year over year
Total shareholder yield
6.4%
dividends 3.1% + buybacks 3.3% of market value
Dividend payout ratio
31%
of net income paid out
Sales & admin spending
8.8%
of revenue

Competitors: side by side with peers

Closest by revenue in regional banks
Last 12 months unless stated FSBW BSRR HBCP ESQ WSBF CFFI Median
Revenue, last 12 months $156m $157m $154m $160m $150m $149m $255m
Revenue growth, last 12 months 6.6% 2.0% 8.2% 18.6% 12.4% 10.8% 12.5%
Revenue growth, 3-year average 4.4% 2.9% 3.0% 15.5% 1.4% 4.1% 6.0%
Revenue growth, latest quarter 4.1% 0.1% 7.2% 17.6% 5.8% 12.4% 10.7%
Net margin 21.4% 32.3% 30.4% 33.0% 20.0% 19.5% 28.7%
Cash from operations / revenue 75.4% 33.1% 39.8% 42.3% 29.8% 28.7% 34.3%
Free-cash-flow margin 62.9% 32.3% 33.5% 41.6% 28.5% 25.9% 31.4%
Free-cash-flow margin, 3-year average 43.5% 28.8% 31.6% 38.5% 29.9% 26.8% 29.9%
Stock pay / revenue 1.6% 1.4% 1.8% 4.0% 0.3% 1.3% 1.2%
Change in share count −4.4% −5.4% −1.6% 1.3% −4.4% 0.1% 0.4%

Median of all 245 companies we cover in regional banks. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

245 regional banks companies
Measure Company Peer median Rank
Revenue growth Growth 6.6% 12.5% 188 of 245
Change in growth rate Growth +0.3pp +0.0pp 112 of 244
Net margin Profitability 21.4% 28.7% 186 of 245
Stock pay as % of revenue Cash generation 1.6% 1.3% 138 of 206
Change in share count Balance sheet -4.4% 0.4% 23 of 230

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$212M
Institutions reporting
109
Shares held vs prior quarter
▲ 1.9%
Positions opened / closed
12 / 5

Top buyers and sellers, Q2 2026: 55 institutions bought and 32 sold ; the biggest buyer was Blackrock, Inc (+52K shares) and the biggest seller Vanguard Capital Management LLC (−31K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
T. Rowe Price Investment Management, Inc. $43.3M 998K 20.5% 0.0%
Blackrock, Inc. $21.2M 489K 10.0% ▲ 11.9%
Dimensional Fund Advisors LP $18.3M 422K 8.7% ▲ 0.8%
De Lisle Partners LLP $17M 392K 8.0% 0.0%
Vanguard Capital Management LLC $12.8M 294K 6.0% ▼ 9.5%
Pacific Ridge Capital Partners, LLC $9M 206K 4.2% ▼ 0.8%
Geode Capital Management, LLC $7.2M 166K 3.4% ▲ 8.8%
TCW Group Inc $6.7M 154K 3.2% ▲ 1.6%
State Street Corp $5.6M 128K 2.6% ▼ 0.2%
Alliancebernstein L.P. $5.3M 138K 2.5% ▼ 5.1%
Renaissance Technologies LLC $4.9M 114K 2.3% ▲ 4.3%
Royce & Associates LP $4.4M 101K 2.1% ▲ 3.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not FS Bancorp, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $509,170 11 trades by 4 insiders · 0% under pre-set plans
Net ▼ $509,170 net selling
Insider Date Trade Shares Price Value
Leech Ted A. Director October 29, 2026 Sell 6 $44.01 $277
Degner Terri L Director August 28, 2026 Sell 975 $43.25 $42,169
Mccormick Sean Chief Credit Admin. Officer August 25, 2026 Sell 907 $42.86 $38,874
Degner Terri L Director August 25, 2026 Sell 612 $42.82 $26,206
Degner Terri L Director August 25, 2026 Sell 1,082 $42.67 $46,163
Cofer-Wildsmith Marina Director November 21, 2025 Sell 2,371 $40.00 $94,820
Cofer-Wildsmith Marina Director November 21, 2025 Sell 2,371 $40.00 $94,820
Cofer-Wildsmith Marina Director November 20, 2025 Sell 161 $40.00 $6,440
Cofer-Wildsmith Marina Director November 20, 2025 Sell 161 $40.00 $6,440
Cofer-Wildsmith Marina Director November 14, 2025 Sell 17 $40.05 $681
Cofer-Wildsmith Marina Director November 13, 2025 Sell 3,807 $40.00 $152,280

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around January 20, 2027 estimated from the company's past filing pattern, not announced

  • October 21, 2026
  • July 21, 2026
  • April 22, 2026
  • January 21, 2026
  • October 22, 2025
  • July 22, 2025

Recent SEC filings

Data status

When each part of this page on FS Bancorp, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

FS Bancorp, Inc. in brief

What does FS Bancorp, Inc. do?
FS Bancorp, Inc. is a US-listed company in the regional banks industry. Its financial year ends in December.
What is FS Bancorp, Inc.'s stock ticker?
FS Bancorp, Inc. trades under the ticker FSBW on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is FS Bancorp, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, FS Bancorp, Inc. reported revenue of $156M, 6.6% higher than a year earlier, according to its SEC filings.
What is FS Bancorp, Inc.'s free cash flow?
FS Bancorp, Inc.'s free-cash-flow margin is 62.9% of revenue over the trailing twelve months.
Who are FS Bancorp, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are T. Rowe Price Investment Management, Inc., Blackrock, Inc. and Dimensional Fund Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is FS Bancorp, Inc. buying back stock, and does it pay a dividend?
FS Bancorp, Inc. spent $10.7M on share repurchases over the trailing twelve months, and its diluted share count fell 4.4% over the year.
What is FS Bancorp, Inc.'s market cap?
On November 2, 2026, FS Bancorp, Inc.'s market capitalisation was about $332M, with a price-to-earnings ratio of 10.0 and net debt of $295M. Market figures come from third-party market data and may be delayed.
Does FS Bancorp, Inc. pay a dividend?
Yes: FS Bancorp, Inc. paid $10.2M in dividends over the trailing twelve months, a dividend yield of 3.12% and a payout ratio of 30.7%.
Who are FS Bancorp, Inc.'s competitors?
In our Regional Banks peer group, the companies closest to FS Bancorp, Inc. are Sierra Bancorp, Home Bancorp, Inc., Esquire Financial Holdings, Inc., Waterstone Financial, Inc. and C & F Financial Corp. The side-by-side comparison below sets their revenue, margins and growth against FS Bancorp, Inc.'s.
Are insiders buying or selling FS Bancorp, Inc. stock?
Over the last 12 months, FS Bancorp, Inc.'s directors and officers reported 0 open-market purchases and 11 sales on Form 4. The insider trading page charts every trade.
When is FS Bancorp, Inc.'s next earnings date?
Around January 19, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — FS Bancorp, Inc. announces its own schedule.