FS Bancorp (FSBW) Stock Price, News & Analysis

Company Overview

FS Bancorp, Inc. is the bank holding company for 1st Security Bank of Washington, a community bank headquartered in Mountlake Terrace, Washington. Through its banking subsidiary, the company provides deposit, lending and other financial services to individuals, families and businesses.

1st Security Bank offers checking and savings accounts, certificates of deposit, commercial and small-business banking, residential and commercial real estate loans, construction financing, consumer loans and home equity products. The bank also provides residential mortgage lending through its home lending operations, including mortgage loans for home purchases and refinancing.

Founded in 1929, 1st Security Bank serves customers primarily in the Puget Sound region of Washington through its branch network and lending offices. FS Bancorp became a publicly traded company in 2012 when 1st Security Bank’s mutual holding company structure was converted to a stock holding company.

Key Stats

• Today's Range: $43.80 to $44.54
• 50-Day Range: $42.26 to $44.48
• 52-Week Range: $36.66 to $45.85
• Volume: 18,607 shs
• Average Volume: 29,582 shs
• Market Capitalization: $329.37 million
• P/E Ratio: 10.21
• Dividend Yield: 2.62%
• Price Target: $45.00
• Consensus Rating: Hold

FS Bancorp Stock Analysis - MarketRank™

FS Bancorp scored higher than 69% of companies evaluated by MarketBeat, and ranked 433rd out of 839 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Hold

Consensus Rating

FS Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for FS Bancorp is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

FS Bancorp has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.60%

Earnings Growth

Earnings for FS Bancorp are expected to grow by 7.60% in the coming year, from $4.34 to $4.67 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of FS Bancorp is 10.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of FS Bancorp is 10.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.39.

Price to Book Value per Share Ratio

FS Bancorp has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.35% of the float of FS Bancorp has been sold short.

Short Interest Ratio / Days to Cover

FS Bancorp has a short interest ratio ("days to cover") of 6.87.

Change versus previous month

Short interest in FS Bancorp has recently increased by 5.08%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

FS Bancorp pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

FS Bancorp has been increasing its dividend for 12 years.

Dividend Coverage

The dividend payout ratio of FS Bancorp is 26.73%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, FS Bancorp will have a dividend payout ratio of 24.84% next year. This indicates that FS Bancorp will be able to sustain or increase its dividend.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.9 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, FS Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $114,536.00 in company stock.

Percentage Held by Insiders

12.90% of the stock of FS Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

63.88% of the stock of FS Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/21/2026
• Record date for 8/21 Dividend: 8/07/2026
• Ex-Dividend for 8/21 Dividend: 8/07/2026
• Dividend Payable: 8/21/2026
• Today: 10/05/2026
• Next Earnings (Estimated): 10/20/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:FSBW
• CIK: 1530249
• Web: www.fsbwa.com
• Phone: (425) 771-5299
• Fax: N/A
• Employees: 585
• Year Founded: 1936

Price Target and Rating

• Average Price Target for FS Bancorp: $45.00
• High Price Target: $45.00
• Low Price Target: $45.00
• Potential Upside/Downside: +1.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.34
• Trailing P/E Ratio: 10.21
• Forward P/E Ratio: 10.21
• P/E Growth: N/A
• Net Income: $33.35 million
• Net Margins: 14.88%
• Pretax Margin: 18.66%
• Return on Equity: 10.86%
• Return on Assets: 1.05%

Debt

• Debt-to-Equity Ratio: 1.17
• Current Ratio: 1.10
• Quick Ratio: 1.09

Sales & Book Value

• Annual Sales: $219.52 million
• Price / Sales: 1.50
• Cash Flow: $6.02 per share
• Price / Cash Flow: 7.36
• Book Value: $40.92 per share
• Price / Book: 1.08

Miscellaneous

• Outstanding Shares: 7,430,000
• Free Float: 6,473,000
• Market Cap: $329.37 million
• Optionable: Not Optionable
• Beta: 0.68