FS Bancorp Reports Q1 Net Income of $7.8M, EPS $1.02, Maintains 53rd Consecutive Dividend
FSBW is trading near its 52-week low of $36.66 (13% above the low).
Summary
FS Bancorp reported first quarter 2026 net income of $7.8 million, or $1.02 per diluted share. This represents a sequential decrease from $8.4 million in the prior quarter, primarily due to a one-time benefit in Q4 2025, but a slight increase in EPS from $1.01 in the comparable quarter a year ago. Pre-tax income, however, grew 4.6% year-over-year to $9.9 million. The company also declared its 53rd consecutive quarterly cash dividend of $0.29 per share and continued its share repurchase program, buying back $620,000 in stock. The results indicate underlying operational stability and growth in key areas like pre-tax income and book value, despite the sequential net income dip. Traders will focus on the company's ability to sustain pre-tax income growth and integrate the Pacific West Bancorp acquisition mentioned in previous filings.
At the time of this announcement, FSBW was trading at $41.55 on NASDAQ in the Finance sector, with a market capitalization of approximately $311.7M. The 52-week trading range was $36.66 to $44.22. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.