FS Bancorp (NASDAQ:FSBW - Get Free Report) posted its quarterly earnings data on Tuesday. The bank reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.97 by $0.02, Zacks reports. FS Bancorp had a return on equity of 11.35% and a net margin of 15.88%. The firm had revenue of $37.28 million for the quarter, compared to analysts' expectations of $36.55 million.
FS Bancorp Price Performance
FSBW traded down $0.64 on Friday, hitting $41.06. 12,031 shares of the company's stock traded hands, compared to its average volume of 16,031. The company has a current ratio of 1.00, a quick ratio of 0.99 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. The company's 50 day simple moving average is $39.91 and its 200-day simple moving average is $39.27. The firm has a market cap of $316.16 million, a price-to-earnings ratio of 9.75 and a beta of 0.71.
FS Bancorp Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 21st. Investors of record on Thursday, August 7th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.73%. The ex-dividend date of this dividend is Thursday, August 7th. FS Bancorp's dividend payout ratio (DPR) is presently 26.60%.
Institutional Trading of FS Bancorp
An institutional investor recently raised its position in FS Bancorp stock. Empowered Funds LLC grew its position in FS Bancorp, Inc. (NASDAQ:FSBW - Free Report) by 7.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,822 shares of the bank's stock after acquiring an additional 2,611 shares during the quarter. Empowered Funds LLC owned 0.50% of FS Bancorp worth $1,476,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 63.88% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on FSBW. DA Davidson lifted their target price on FS Bancorp from $41.00 to $44.00 and gave the company a "neutral" rating in a research note on Thursday. Wall Street Zen raised FS Bancorp from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd.
Read Our Latest Report on FS Bancorp
FS Bancorp Company Profile
(
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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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