What is Fs Bancorp Inc's earnings per share (EPS)?

Fs Bancorp Inc (FSBW) reported diluted earnings per share of $4.29 for fiscal year 2025. This represents a -1.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Fs Bancorp Inc (FSBW) Financials

FSBW

Trailing 12 months to June 30, 2026

Revenue $156.0M +6.6% YoY

Net Income $33.3M -0.2% YoY

EPS (Diluted) $4.35 +3.6% YoY

Free Cash Flow $98.1M +84.0% YoY

Market Cap $340.4M as of Sep 11, 2026

Price / Sales 2.2x on $156.0M revenue, trailing 12 months to June 30, 2026

Price / Earnings 10.2x on $33.3M net income, trailing 12 months to June 30, 2026

Price / Book 1.1x on $319.0M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 10, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FSBW SEC filings page.

Fs Bancorp Inc (FSBW) reported $156.0M in revenue over the twelve months to Jun 30, 2026, up 6.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FSBW FY2025 2026-09-05

Balance-sheet-funded banking converts a thin asset return into earnings, while higher funding costs constrain the latest profit margin.

In FY2025, operating cash flow of $72M exceeded net income of $33M, indicating that reported earnings converted into cash. Yet free cash flow was only $52M after $20M of capital spending, so reinvestment absorbed a meaningful share of that cash generation.

With assets of $3.2B against $153M of revenue, this is a balance-sheet-driven business rather than a conventional sales-margin operation. Its 1.0% return on assets and liabilities equal to 90.4% of assets show earnings are produced on a relatively thin equity cushion, making leverage and asset returns more informative than gross-margin analysis.

Revenue reached $153M in FY2025 from $145M in FY2024, but the added scale did not widen earnings. Net margin fell to 21.8% as interest expense reached $67M, consistent with funding costs absorbing more of the operating benefit from growth.

Financial Health Signals

Financial Health Score 48/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Fs Bancorp Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

Fs Bancorp Inc earned a return on assets of 1.0% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is down from 1.2% the prior year. Earnings ranks banks on that return over three years, and Fs Bancorp Inc scores 68/100 among other banks.

Growth

Fs Bancorp Inc reported revenue of $152.7M in fiscal year 2025, against $144.7M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Fs Bancorp Inc scores 29/100 among other banks.

Capital

Fs Bancorp Inc funded 9.6% of its assets with shareholders' equity at the end of fiscal year 2025, holding $307.7M of equity against $3.2B of assets. Capital ranks banks on that cushion, and Fs Bancorp Inc scores 25/100 among other banks.

Efficiency

Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. Fs Bancorp Inc scores 39/100 on it among other banks.

Credit Quality

Credit Quality measures the money a bank set aside for loans it expects to go bad, against the size of the loan book it set that money aside for. Fs Bancorp Inc scores 32/100 on it among other banks.

Stability

Fs Bancorp Inc reported net income of $33.3M in fiscal year 2025, against $35.0M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Fs Bancorp Inc scores 93/100 among other banks.

Piotroski F-Score Partial

5/6

Fs Bancorp Inc passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.17x

For every $1 of reported earnings, Fs Bancorp Inc generates $2.17 in operating cash flow ($72.3M OCF vs $33.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$38.8M

YoY+4.1%

QoQ+2.2%

5Y CAGR+5.7%

10Y CAGR+10.2%

Fs Bancorp Inc generated $38.8M in revenue in Q2 2026. This represents an increase of 4.1% from the same quarter a year earlier. Against the prior quarter it is up 2.2%.

Net Income

$7.9M

YoY+2.7%

QoQ+1.4%

5Y CAGR-1.5%

10Y CAGR+10.8%

Fs Bancorp Inc reported $7.9M in net income in Q2 2026. This represents an increase of 2.7% from the same quarter a year earlier. Against the prior quarter it is up 1.4%.

EPS (Diluted)

$1.04

YoY+5.1%

QoQ+2.0%

5Y CAGR+1.2%

10Y CAGR+0.8%

Fs Bancorp Inc earned $1.04 per diluted share (EPS) in Q2 2026. This represents an increase of 5.1% from the same quarter a year earlier. Against the prior quarter it is up 2.0%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$51.4M

YoY+778.4%

QoQ+509.4%

5Y CAGR-0.9%

10Y CAGR+27.5%

Fs Bancorp Inc generated $51.4M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 778.4% from the same quarter a year earlier. Against the prior quarter it is up 509.4%.

Cash & Debt

$29.7M

YoY-10.5%

QoQ-23.2%

5Y CAGR-19.3%

10Y CAGR+7.2%

Fs Bancorp Inc held $29.7M in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.29

YoY+3.6%

QoQ0.0%

5Y CAGR+15.7%

Fs Bancorp Inc paid $0.29 per share in dividends in Q2 2026. This represents an increase of 3.6% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

YoY-2.2%

QoQ+0.2%

5Y CAGR-2.0%

10Y CAGR+9.3%

Fs Bancorp Inc had 7M shares outstanding in Q2 2026. This represents a decrease of 2.2% from the same quarter a year earlier. Against the prior quarter it is up 0.2%.

Margins & Returns

Net Margin

20.4%

YoY-0.3pp

QoQ-0.2pp

5Y change-8.6pp

10Y change+1.1pp

Fs Bancorp Inc's net profit margin was 20.4% in Q2 2026, showing the share of revenue converted to profit. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.

Return on Equity

2.5%

YoY-0.1pp

QoQ0.0pp

5Y change-1.1pp

10Y change-1.2pp

Fs Bancorp Inc's ROE was 2.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$3.6M

YoY-30.4%

QoQ+486.6%

Fs Bancorp Inc spent $3.6M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 30.4% from the same quarter a year earlier. Against the prior quarter it is up 486.6%.

Capital Expenditures

$574K

YoY-55.6%

QoQ+110.3%

5Y CAGR-17.1%

10Y CAGR+2.6%

Fs Bancorp Inc invested $574K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 55.6% from the same quarter a year earlier. Against the prior quarter it is up 110.3%.

R&D Spending

Not reported for Q2 2026.

FSBW Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FSBW quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$156.0M	$152.7M+5.5%	$144.7M+0.6%	$143.8M+17.5%	$122.4M-1.4%	$124.2M-4.1%	$129.5M+38.7%	$93.3M+18.2%	$78.9M+20.9%	$65.3M+13.7%	$57.4M+25.8%	$45.6M+41.9%	$32.2M+13.0%	$28.5M+26.0%	$22.6M+41.6%	$15.9M
SG&A Expenses	$13.7M	$14.9M+10.3%	$13.5M+3.5%	$13.1M+21.7%	$10.7M-0.4%	$10.8M+3.1%	$10.5M+7.7%	$9.7M+44.9%	$6.7M+8.1%	$6.2M+3.4%	$6.0M+37.1%	$4.4M+25.8%	$3.5M+15.0%	$3.0M+19.6%	$2.5M+29.8%	$1.9M
Interest Expense	$68.2M	$66.8M+8.3%	$61.7M+40.7%	$43.9M+204.5%	$14.4M+48.2%	$9.7M-33.9%	$14.7M-23.8%	$19.3M+88.9%	$10.2M+107.3%	$4.9M+18.5%	$4.2M+13.8%	$3.7M+35.4%	$2.7M+24.1%	$2.2M-7.8%	$2.4M-21.4%	$3.0M
Income Tax	$8.5M	$7.8M+18.6%	$6.6M-28.9%	$9.2M+25.6%	$7.3M-26.7%	$10.0M-5.5%	$10.6M+95.6%	$5.4M+28.2%	$4.2M-35.0%	$6.5M+15.9%	$5.6M+15.0%	$4.9M+152.4%	$1.9M-4.4%	$2.0M+196.3%	-$2.1M	$0
Net Income	$33.3M	$33.3M-4.9%	$35.0M-3.0%	$36.1M+22.0%	$29.6M-20.9%	$37.4M-4.7%	$39.3M+72.8%	$22.7M-6.7%	$24.3M+72.9%	$14.1M+34.2%	$10.5M+18.3%	$8.9M+95.5%	$4.5M+15.8%	$3.9M-26.0%	$5.3M+242.7%	$1.5M
EPS (Basic)	N/A	$4.35-2.9%	$4.48-3.2%	$4.63+23.5%	$3.75-16.3%	$4.48-2.2%	$4.58-10.7%	$5.13-22.0%	$6.58+44.6%	$4.55+25.3%	$3.63+21.8%	$2.98+96.1%	$1.52+17.8%	$1.29-26.7%	$1.76	N/A
EPS (Diluted)	$4.35	$4.29-1.6%	$4.36-4.4%	$4.56+23.2%	$3.70-15.3%	$4.37	$4.49	$5.01-20.3%	$6.29+47.0%	$4.28+21.9%	$3.51+19.8%	$2.93+92.8%	$1.52+17.8%	$1.29	$1.76	N/A
Diluted Shares (Avg)	N/A	8M-3.2%	8M+1.5%	8M-1.2%	8M-6.5%	8M	9M	5M+16.9%	4M+17.6%	3M+10.1%	3M-1.4%	3M+1.6%	3M-1.5%	3M	3M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$38.8M+4.1%	$37.9M+5.1%	$40.0M+12.0%	$39.3M+5.6%	$37.3M+2.8%	$36.1M+1.8%	$35.7M-0.5%	$37.2M+4.5%
SG&A Expenses	$2.7M-29.4%	$3.4M-1.9%	$3.7M+15.9%	$4.0M+3.8%	$3.8M+8.7%	$3.4M+14.5%	$3.2M-4.5%	$3.8M+12.3%
Interest Expense	$17.0M+2.5%	$16.8M+6.2%	$17.2M+8.2%	$17.3M+9.4%	$16.6M+6.8%	$15.8M+8.8%	$15.9M+13.4%	$15.8M+25.0%
Income Tax	$2.1M+4.2%	$2.1M+43.5%	$1.9M-23.3%	$2.4M+673.8%	$2.0M-14.5%	$1.4M-32.5%	$2.5M+7.2%	-$420K-116.6%
Net Income	$7.9M+2.7%	$7.8M-2.4%	$8.4M+13.8%	$9.2M-10.8%	$7.7M-13.7%	$8.0M-4.5%	$7.4M-25.1%	$10.3M+14.9%
EPS (Basic)	$1.06+6.0%	$1.04+2.0%	$1.12+19.1%	$1.20-9.1%	$1.00-13.0%	$1.02-4.7%	$0.94-24.8%	$1.32+14.8%
EPS (Diluted)	$1.04+5.1%	$1.02+1.0%	$1.11+22.0%	$1.18-8.5%	$0.99-12.4%	$1.01-4.7%	$0.91-26.0%	$1.29+14.2%
Diluted Shares (Avg)	7M-2.8%	8M-3.5%	N/A	8M-2.9%	8M-1.3%	8M-0.2%	N/A	8M+1.0%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

FSBW Balance Sheet

FSBW quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$3.2B+5.5%	$3.0B+1.9%	$3.0B+12.9%	$2.6B+15.2%	$2.3B+8.2%	$2.1B+23.4%	$1.7B+5.6%	$1.6B+65.2%	$981.8M+18.6%	$827.9M+22.2%	$677.6M+32.9%	$509.8M+21.6%	$419.2M+16.8%	$359.0M+26.5%	$283.8M
Cash & Equivalents	$28.2M-10.8%	$31.6M-51.8%	$65.7M+58.5%	$41.4M+56.4%	$26.5M-71.1%	$91.6M+100.0%	$45.8M+39.7%	$32.8M+73.3%	$18.9M-48.1%	$36.5M+49.1%	$24.5M+57.2%	$15.6M-59.6%	$38.5M+466.7%	$6.8M-64.7%	$19.3M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$3.6M0.0%	$3.6M0.0%	$3.6M+55.4%	$2.3M0.0%	$2.3M0.0%	$2.3M0.0%	$2.3M0.0%	$2.3M0.0%	$2.3M0.0%	$2.3M	$0	N/A	N/A	N/A	N/A
Total Liabilities	$2.9B+5.7%	$2.7B+0.9%	$2.7B+12.8%	$2.4B+17.8%	$2.0B+8.3%	$1.9B+24.5%	$1.5B+4.9%	$1.4B+67.7%	$859.8M+15.1%	$746.9M+24.0%	$602.2M+35.7%	$443.9M+24.4%	$356.9M+19.3%	$299.1M+16.4%	$257.0M
Long-Term Debt	N/A	N/A	N/A	$186.5M+338.6%	$42.5M-74.4%	$165.8M+95.4%	$84.9M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$307.7M+4.0%	$295.8M+11.8%	$264.5M+14.2%	$231.7M-6.4%	$247.5M+7.6%	$230.0M+14.9%	$200.2M+11.2%	$180.0M+47.6%	$122.0M+50.6%	$81.0M+7.6%	$75.3M+14.4%	$65.8M+5.7%	$62.3M+4.0%	$59.9M+123.8%	$26.8M
Retained Earnings	$280.2M+9.0%	$257.1M+11.6%	$230.4M+14.0%	$202.1M+12.8%	$179.2M+22.4%	$146.4M+32.2%	$110.7M+21.9%	$90.9M+32.8%	$68.4M+23.1%	$55.6M	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$3.2B+0.1%	$3.2B+4.5%	$3.2B+5.5%	$3.2B+8.0%	$3.2B+8.0%	$3.1B+3.2%	$3.0B+1.9%	$3.0B+1.7%
Cash & Equivalents	$29.7M-10.5%	$38.7M-38.3%	$28.2M-10.8%	$61.3M+51.9%	$33.2M+0.6%	$62.7M+38.2%	$31.6M-51.8%	$40.3M-50.0%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$3.6M0.0%	$3.6M0.0%	$3.6M0.0%	$3.6M0.0%	$3.6M0.0%	$3.6M0.0%	$3.6M0.0%	$3.6M0.0%
Total Liabilities	$2.9B-0.6%	$2.9B+4.4%	$2.9B+5.7%	$2.9B+8.5%	$2.9B+8.3%	$2.8B+2.8%	$2.7B+0.9%	$2.7B+0.4%
Total Equity	$319.0M+7.3%	$313.9M+5.0%	$307.7M+4.0%	$300.5M+4.0%	$297.2M+4.6%	$298.8M+7.5%	$295.8M+11.8%	$288.9M+15.3%
Retained Earnings	$291.6M+8.6%	$285.9M+8.7%	$280.2M+9.0%	$273.9M+8.8%	$268.5M+10.2%	$262.9M+11.1%	$257.1M+11.6%	$251.8M+13.2%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

FSBW Cash Flow Statement

FSBW quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$117.7M	$72.3M+42.3%	$50.8M-34.6%	$77.7M-58.0%	$184.9M+69.6%	$109.0M+437.3%	-$32.3M-452.2%	$9.2M-57.2%	$21.4M+42.1%	$15.1M+320.4%	$3.6M+150.8%	-$7.1M-75.4%	-$4.0M-166.0%	$6.1M+903.6%	-$759K-116.0%	$4.7M
Depreciation & Amortization	N/A	$2.8M+12.0%	$2.5M-3.8%	$2.6M+4.0%	$2.5M-7.4%	$2.7M-3.6%	$2.8M0.0%	$2.8M+55.6%	$1.8M+12.5%	$1.6M+14.3%	$1.4M+16.7%	$1.2M+9.1%	$1.1M+20.4%	$914K+9.7%	$833K+9.6%	$760K
Stock-Based Compensation	N/A	$2.3M+24.8%	$1.8M-10.1%	$2.0M+2.0%	$2.0M+36.3%	$1.4M	N/A	$869K+13.3%	$767K+21.0%	$634K-19.0%	$783K+5.0%	$746K+54.5%	$483K	$0-100.0%	$285K	$0
Capital Expenditures	$19.6M	$20.4M+1146.1%	$1.6M-2.2%	$1.7M+7.7%	$1.6M-21.8%	$2.0M+43.9%	$1.4M-44.0%	$2.5M-35.1%	$3.8M+273.6%	$1.0M-71.7%	$3.6M+137.8%	$1.5M+73.2%	$873K-57.8%	$2.1M-43.2%	$3.6M+161.0%	$1.4M
Free Cash Flow	$98.1M	$51.9M+5.6%	$49.2M-35.3%	$76.0M-58.5%	$183.3M+71.3%	$107.0M+417.6%	-$33.7M-601.9%	$6.7M-61.9%	$17.6M+25.4%	$14.1M+201071.4%	-$7K+99.9%	-$8.6M-75.0%	-$4.9M-221.6%	$4.0M+191.5%	-$4.4M-232.0%	$3.3M
Investing Cash Flow	-$86.6M	-$206.4M-98.1%	-$104.2M-234.2%	$77.7M+115.4%	-$504.0M-62.2%	-$310.8M-14.8%	-$270.7M-390.4%	-$55.2M+70.5%	-$187.0M-10.4%	-$169.4M-418.1%	$53.3M+138.1%	-$139.8M-39.9%	-$99.9M-214.8%	-$31.7M+60.7%	-$80.8M-692.9%	-$10.2M
Financing Cash Flow	-$34.6M	$130.7M+576.6%	$19.3M+114.7%	-$131.1M-139.2%	$334.1M+144.3%	$136.7M-60.8%	$348.8M+491.0%	$59.0M-67.1%	$179.4M+31.1%	$136.8M+405.0%	-$44.8M-128.8%	$155.7M+92.2%	$81.0M+41.4%	$57.3M-17.1%	$69.1M+755.5%	-$10.5M
Dividends Paid	$10.2M	$10.3M+24.2%	$8.3M+6.5%	$7.8M+9.4%	$7.1M+54.2%	$4.6M+28.8%	$3.6M+25.1%	$2.9M+49.1%	$1.9M+43.9%	$1.3M+22.1%	$1.1M+32.0%	$826K+17.3%	$704K+56.1%	$451K	$0	N/A
Share Buybacks	$10.7M	$15.4M+515.0%	$2.5M+1024.7%	$223K-98.6%	$15.6M+11.9%	$14.0M+42.4%	$9.8M+104.2%	$4.8M+1812.4%	$251K-8.7%	$275K-94.4%	$4.9M+4754.5%	$101K-95.5%	$2.2M	$0	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$52.0M+627.7%	$8.7M+6.6%	$12.4M-70.2%	$44.6M+5109.7%	$7.1M-27.9%	$8.2M+2873.1%	$41.5M+228.7%	-$891K-103.9%
Depreciation & Amortization	$2.4M-37.7%	$2.3M-2.5%	-$6.6M-22.0%	$3.2M+46.6%	$3.9M+33.3%	$2.3M-17.6%	-$5.4M+21.1%	$2.2M-33.8%
Stock-Based Compensation	$643K+22.2%	$627K+22.5%	N/A	$583K+25.6%	$526K	$512K+29.6%	N/A	$464K
Capital Expenditures	$574K-55.6%	$273K-22.0%	$15.7M+4012.3%	$3.0M+386.8%	$1.3M+369.8%	$350K-2.0%	$382K+38.4%	$621K+120.2%
Free Cash Flow	$51.4M+778.4%	$8.4M+7.8%	-$3.4M-108.2%	$41.6M+2852.2%	$5.9M-39.2%	$7.8M+9643.9%	$41.1M+232.9%	-$1.5M-106.7%
Investing Cash Flow	-$23.9M+82.1%	$2.2M+127.2%	-$29.2M+72.0%	-$35.8M-137.3%	-$133.3M-1175.3%	-$8.2M-418.9%	-$104.1M-60.6%	-$15.1M+81.9%
Financing Cash Flow	-$37.1M-138.4%	-$456K-101.5%	-$16.3M-130.2%	$19.2M-17.5%	$96.6M+378.5%	$31.1M+234.5%	$53.9M+44.8%	$23.3M+154.9%
Dividends Paid	$2.2M-0.4%	$2.2M-0.7%	$2.1M-0.3%	$3.8M+81.7%	$2.2M+6.7%	$2.2M+7.8%	$2.1M+8.3%	$2.1M+7.9%
Share Buybacks	$3.6M-30.4%	$620K-83.5%	$1.5M	$4.9M+3232.0%	$5.2M+121.5%	$3.8M	$0-100.0%	$147K

FSBW Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FSBW quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	21.8%-2.4pp	24.2%-0.9pp	25.1%+0.9pp	24.2%-5.9pp	30.1%-0.2pp	30.3%+6.0pp	24.3%-6.5pp	30.8%+9.3pp	21.6%+3.3pp	18.3%-1.2pp	19.4%+5.3pp	14.1%+0.3pp	13.8%-9.7pp	23.4%+13.8pp	9.7%
Return on Equity	10.8%-1.0pp	11.8%-1.8pp	13.7%+0.9pp	12.8%-2.3pp	15.1%-2.0pp	17.1%+5.7pp	11.3%-2.2pp	13.5%+2.0pp	11.5%-1.4pp	13.0%+1.2pp	11.8%+4.9pp	6.9%+0.6pp	6.3%-2.6pp	8.8%+3.1pp	5.8%
Return on Assets	1.0%-0.1pp	1.2%-0.1pp	1.2%+0.1pp	1.1%-0.5pp	1.6%-0.2pp	1.9%+0.5pp	1.3%-0.2pp	1.5%+0.1pp	1.4%+0.2pp	1.3%0.0pp	1.3%+0.4pp	0.9%-0.1pp	0.9%-0.5pp	1.5%+0.9pp	0.5%
Debt-to-Equity	9.39+0.1x	9.24-1.0x	10.24+9.4x	0.81+0.6x	0.17-0.5x	0.72+0.3x	0.42-7.6x	8.01+1.0x	7.05-2.2x	9.22+1.2x	7.99+1.3x	6.74+1.0x	5.73+0.7x	4.99-4.6x	9.60
Asset Turnover	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.060.0x	0.050.0x	0.050.0x	0.070.0x	0.070.0x	0.070.0x	0.060.0x	0.070.0x	0.060.0x	0.06
FCF Margin	34.0%0.0pp	34.0%-18.8pp	52.8%	149.8%	86.2%+112.2pp	-26.0%-33.2pp	7.2%-15.2pp	22.4%+0.8pp	21.5%+21.6pp	0.0%+18.8pp	-18.8%-3.6pp	-15.2%-29.4pp	14.1%+33.6pp	-19.5%-40.4pp	20.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	20.4%-0.3pp	20.6%-1.6pp	20.9%+0.3pp	23.4%-4.3pp	20.7%-4.0pp	22.2%-1.5pp	20.6%-6.7pp	27.6%+2.5pp
Return on Equity	2.5%-0.1pp	2.5%-0.2pp	2.7%+0.2pp	3.0%-0.5pp	2.6%-0.6pp	2.7%-0.3pp	2.5%-1.2pp	3.6%0.0pp
Return on Assets	0.3%0.0pp	0.2%0.0pp	0.3%0.0pp	0.3%-0.1pp	0.2%-0.1pp	0.3%0.0pp	0.2%-0.1pp	0.4%0.0pp
Debt-to-Equity	8.97-0.7x	9.21-0.1x	9.39+0.1x	9.68+0.4x	9.69+0.3x	9.26-0.4x	9.24-1.0x	9.28-1.4x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x
FCF Margin	132.5%	22.2%+0.6pp	-8.4%	105.9%	15.7%-10.9pp	21.7%+21.9pp	115.2%	-4.1%-67.5pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Fs Bancorp Inc FSBW	FY2025	$152.7M	$33.3M	21.8%	$340.4M	48/100
Colony Bankcorp CBAN	FY2025	$30.0M	$6.6M	22.1%	$455.4M	22/100
Bankwell Financi BWFG	FY2025	$108.3M	$35.2M	32.5%	$539.3M	37/100
Pcb Bancorp PCB	FY2025	$115.7M	$37.5M	32.4%	$391.4M	54/100
Baycom Corp BCML	FY2025	$100.5M	$23.9M	23.8%	$330.1M	55/100
Citizens Fincl S CZFS	FY2025	$112.3M	$36.6M	32.6%	$399.8M	60/100

Where Fs Bancorp Inc Ranks

Frequently Asked Questions

What is Fs Bancorp Inc's annual revenue?

Fs Bancorp Inc (FSBW) reported $152.7M in total revenue for fiscal year 2025. This represents a 5.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Fs Bancorp Inc's revenue growing?

Fs Bancorp Inc (FSBW) revenue grew by 5.5% year-over-year, from $144.7M to $152.7M in fiscal year 2025.

Is Fs Bancorp Inc profitable?

Yes, Fs Bancorp Inc (FSBW) reported a net income of $33.3M in fiscal year 2025, with a net profit margin of 21.8%.

What is Fs Bancorp Inc's net profit margin?

Fs Bancorp Inc (FSBW) had a net profit margin of 21.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Fs Bancorp Inc pay dividends?

Yes, Fs Bancorp Inc (FSBW) paid $1.34 per share in dividends during fiscal year 2025.

What is Fs Bancorp Inc's return on equity (ROE)?

Fs Bancorp Inc (FSBW) has a return on equity of 10.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Fs Bancorp Inc's free cash flow?

Fs Bancorp Inc (FSBW) generated $51.9M in free cash flow during fiscal year 2025. This represents a 5.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Fs Bancorp Inc's operating cash flow?

Fs Bancorp Inc (FSBW) generated $72.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Fs Bancorp Inc's total assets?

Fs Bancorp Inc (FSBW) had $3.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Fs Bancorp Inc's capital expenditures?

Fs Bancorp Inc (FSBW) invested $20.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Fs Bancorp Inc buy back shares?

Yes, Fs Bancorp Inc (FSBW) spent $15.4M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Fs Bancorp Inc have outstanding?

Fs Bancorp Inc (FSBW) had 8M shares outstanding as of fiscal year 2025.

What is Fs Bancorp Inc's debt-to-equity ratio?

Fs Bancorp Inc (FSBW) had a debt-to-equity ratio of 9.39 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Fs Bancorp Inc's return on assets (ROA)?

Fs Bancorp Inc (FSBW) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Fs Bancorp Inc's P/E ratio?

Fs Bancorp Inc (FSBW) trades at 10.2x earnings, its market capitalization divided by net income of $33.3M net income, trailing 12 months to June 30, 2026. The market capitalization is $340.4M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Fs Bancorp Inc's price-to-sales ratio?

Fs Bancorp Inc (FSBW) trades at 2.2x sales, its market capitalization divided by revenue of $156.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $340.4M as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Fs Bancorp Inc's Piotroski F-Score?

Fs Bancorp Inc (FSBW) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Fs Bancorp Inc's earnings high quality?

Fs Bancorp Inc (FSBW) has an earnings quality ratio of 2.17x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Fs Bancorp Inc?

Fs Bancorp Inc (FSBW) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.