FS Bancorp (NASDAQ:FSBW - Get Free Report) announced its quarterly earnings results on Tuesday. The bank reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.02, Zacks reports. FS Bancorp had a net margin of 16.63% and a return on equity of 11.87%.
FS Bancorp Stock Performance
FSBW traded down $0.37 during trading on Tuesday, hitting $41.30. 14,437 shares of the company traded hands, compared to its average volume of 16,592. The firm has a market cap of $318.01 million, a P/E ratio of 9.49 and a beta of 0.71. The stock's fifty day moving average is $39.82 and its 200 day moving average is $39.21. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.40. FS Bancorp has a one year low of $34.61 and a one year high of $49.15.
Analyst Ratings Changes
Separately, Wall Street Zen raised shares of FS Bancorp from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd.
Check Out Our Latest Stock Report on FS Bancorp
Hedge Funds Weigh In On FS Bancorp
An institutional investor recently raised its position in FS Bancorp stock. Empowered Funds LLC raised its holdings in shares of FS Bancorp, Inc. (NASDAQ:FSBW - Free Report) by 7.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,822 shares of the bank's stock after purchasing an additional 2,611 shares during the quarter. Empowered Funds LLC owned approximately 0.50% of FS Bancorp worth $1,476,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 63.88% of the company's stock.
FS Bancorp Company Profile
(
Get Free Report)
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. 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.
Further Reading
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