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. The company serves individuals, families, small and midsized businesses, professionals, and community organizations through its banking and home lending operations.

1st Security Bank provides deposit products, residential and commercial real estate loans, construction and land development financing, commercial and industrial loans, consumer loans, and other traditional banking services. Its home lending business originates residential mortgage loans and sells eligible loans through the secondary market, while also providing related mortgage services.

Founded in 1924, 1st Security Bank has a long history of serving communities in the Pacific Northwest. FS Bancorp became a publicly traded bank holding company in 2012. The bank’s branch and lending operations primarily serve customers in Washington state, with a focus on the greater Puget Sound region and surrounding communities.

Key Stats

• Today's Range: $42.96 to $43.69
• 50-Day Range: $42.30 to $44.85
• 52-Week Range: $36.66 to $45.85
• Volume: 20,948 shs
• Average Volume: 31,297 shs
• Market Capitalization: $323.58 million
• P/E Ratio: 11.49
• Dividend Yield: 2.66%
• Price Target: $45.00
• Consensus Rating: Hold

FS Bancorp Stock Analysis - MarketRank™

FS Bancorp scored higher than 68% of companies evaluated by MarketBeat, and ranked 447th out of 843 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: 1.8 / 5
• Analyst Rating: Hold

Consensus Rating

FS Bancorp has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and no sell ratings.

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 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.45%

Earnings Growth

Earnings for FS Bancorp are expected to grow by 13.45% in the coming year, from $3.94 to $4.47 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of FS Bancorp is 11.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of FS Bancorp is 11.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.32.

Price to Book Value per Share Ratio

FS Bancorp has a P/B Ratio of 1.06. 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

2.53% 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 5.71.

Change versus previous month

Short interest in FS Bancorp has recently increased by 13.30%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

FS Bancorp pays a meaningful dividend of 2.66%, 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 30.61%. 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 25.95% next year. This indicates that FS Bancorp will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.51

News Sentiment

FS Bancorp has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for FS Bancorp this week, compared to 2 articles on an average week.

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 $395,859.00 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

• Record date for 8/21 Dividend: 8/07/2026
• Ex-Dividend for 8/21 Dividend: 8/07/2026
• Dividend Payable: 8/21/2026
• Last Earnings: 10/21/2026
• Record date for 11/20 Dividend: 11/06/2026
• Ex-Dividend for 11/20 Dividend: 11/06/2026
• Today: 11/09/2026
• Dividend Payable: 11/20/2026
• Fiscal Year End: 12/31/2026
• Next Earnings (Estimated): 1/20/2027

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: +3.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.79
• Trailing P/E Ratio: 11.49
• Forward P/E Ratio: 9.74
• P/E Growth: N/A
• Net Income: $33.35 million
• Net Margins: 12.81%
• Pretax Margin: 18.66%
• Return on Equity: 9.39%
• Return on Assets: 0.92%

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: 1.47
• Cash Flow: $6.02 per share
• Price / Cash Flow: 7.23
• Book Value: $40.92 per share
• Price / Book: 1.06

Miscellaneous

• Outstanding Shares: 7,430,000
• Free Float: 6,473,000
• Market Cap: $323.58 million
• Optionable: Not Optionable
• Beta: 0.70