FS Bancorp, Inc. (NASDAQ:FSBW - Get Free Report) declared a quarterly dividend on Wednesday, April 24th, Zacks reports. Shareholders of record on Thursday, May 9th will be given a dividend of 0.26 per share by the bank on Thursday, May 23rd. This represents a $1.04 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date is Wednesday, May 8th.
FS Bancorp has raised its dividend by an average of 33.5% per year over the last three years and has increased its dividend annually for the last 11 consecutive years. FS Bancorp has a payout ratio of 22.4% meaning its dividend is sufficiently covered by earnings. Analysts expect FS Bancorp to earn $4.64 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 22.4%.
FS Bancorp Trading Up 0.1 %
NASDAQ:FSBW traded up $0.03 on Friday, reaching $31.47. The stock had a trading volume of 5,933 shares, compared to its average volume of 11,100. The company has a market cap of $245.78 million, a price-to-earnings ratio of 6.87 and a beta of 0.92. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.00 and a quick ratio of 0.99. The firm's fifty day moving average is $32.74 and its two-hundred day moving average is $33.08. FS Bancorp has a 12-month low of $26.58 and a 12-month high of $38.70.
FS Bancorp (NASDAQ:FSBW - Get Free Report) last announced its quarterly earnings data on Wednesday, January 24th. The bank reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.21. The business had revenue of $35.91 million for the quarter, compared to analyst estimates of $34.80 million. FS Bancorp had a net margin of 18.69% and a return on equity of 14.49%. Equities analysts expect that FS Bancorp will post 4.22 EPS for the current fiscal year.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of FS Bancorp from a "hold" rating to a "buy" rating in a report on Tuesday.
Get Our Latest Stock Analysis 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.
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