Welcome to our dedicated page for Fs Bancorp news (Ticker: FSBW), a resource for investors and traders seeking the latest updates and insights on Fs Bancorp stock.
FS Bancorp, Inc. (NASDAQ: FSBW) is the holding company for 1st Security Bank of Washington, a regional banking organization that offers loan and deposit services primarily to small- and middle-market businesses and individuals in Washington and Oregon. The FSBW news page on Stock Titan aggregates company announcements, earnings releases, and other disclosures that the company furnishes to investors and the public.
News about FS Bancorp frequently covers its quarterly financial results, including net income, segment performance for Commercial and Consumer Banking and Home Lending, and detailed information on deposits, loans receivable, and asset composition. The company also issues press releases and related Form 8-K filings when its Board of Directors declares regular quarterly cash dividends on common stock.
Another recurring topic in FS Bancorp’s news flow is capital management, particularly share repurchase programs. The company has announced multiple authorizations for additional repurchases of its common stock, with details on program size, duration, and the flexibility to conduct open market or private transactions or use Rule 10b5-1 trading plans.
FS Bancorp’s news also highlights leadership and governance developments, such as CEO succession plans at the Bank, promotions to roles like Chief Financial Officer and Chief Compliance Officer, and appointments in key business areas such as home lending. These updates provide insight into the company’s management structure and succession planning.
Investors, analysts, and other interested readers can use the FSBW news page on Stock Titan to follow these earnings announcements, dividend declarations, share repurchase updates, and executive leadership changes as they are reported by the company.
FS Bancorp (NASDAQ: FSBW) reported $8.4 million of net income, or $1.10 per diluted share for Q4 2025, up from $7.4 million a year earlier. For full-year 2025, net income was $33.3 million or $4.29 per diluted share. The company reported tangible book value per share of $39.65 (up 10.1% year-over-year) and book value per share of $41.55 (up 8.6% YOY). Total deposits grew 14.3% from Dec 31, 2024 to $2.67 billion. The Board raised the quarterly cash dividend to $0.29 per share (payable Feb 19, 2026; record date Feb 6, 2026).
Other highlights: purchased a 122,000 sq ft building for $16.1 million, repurchased 46,947 shares in Q4 with $4.3 million remaining on the buyback, and recorded a $1.0 million credit provision tied to a single commercial construction relationship.
1st Security Bank (NASDAQ: FSBW) announced on December 23, 2025 that Omeed Salashoor has joined the bank as Senior Vice President, Director of Home Lending. Salashoor brings over 35 years of mortgage-banking leadership and most recently served as Producing Branch Sales Manager for CMG Home Loans in Bellevue, Washington.
The appointment emphasizes the bank's community-focused mortgage strategy; 1st Security operates 27 branches across Washington and Oregon and offers mortgage services at each branch. Salashoor volunteers locally with the Salvation Army and a summer day camp.
For more information, visit www.fsbwa.com.
FS Bancorp (NASDAQ: FSBW) announced its Board authorized an additional repurchase of up to $5.0 million of outstanding common stock to be executed over a 12‑month period ending October 27, 2026.
Repurchases may occur in the open market, in privately negotiated transactions, or under a Rule 10b5-1 trading plan, and will commence no sooner than the third trading day after this public announcement. Purchases will follow SEC rules including Rule 10b-18, be made at management discretion, and may be suspended, terminated, or modified for reasons such as market conditions, liquidity, or alternative capital uses. The program does not obligate the company to buy any specific number of shares.
FS Bancorp (NASDAQ: FSBW) reported Q3 2025 net income of $9.2M or $1.18 per diluted share, down from $10.3M ($1.29) a year earlier, and YTD net income $24.9M or $3.18 per diluted share vs. $27.6M ($3.45) in 2024. The Board declared the 51st consecutive quarterly cash dividend of $0.28 per share payable Nov 20, 2025 (record Nov 6).
Key balance-sheet moves: total deposits rose to $2.69B (+5.2% QoQ, +10.7% YoY); loans receivable, net $2.60B (+0.7% QoQ, +5.5% YoY); borrowings fell 44.8% QoQ to $129.3M; book value per share increased to $40.43.
FS Bancorp (NASDAQ: FSBW) has announced a significant leadership transition. Matthew D. Mullet will become President and CEO of 1st Security Bank effective September 1, 2025, while continuing his role as President of FS Bancorp. Current CEO Joseph C. Adams, who has led the bank since 2004, will retire from his position at 1st Security Bank but will continue serving as CEO of FS Bancorp until May 2026.
Mullet brings extensive experience in financial services, having served various executive roles at the bank for fourteen years. His background includes expertise in home lending, risk management, credit, finance, and strategic planning. The succession has been carefully planned by the Board, highlighting Mullet's strong leadership skills and deep understanding of bank operations.
FS Bancorp (NASDAQ: FSBW) reported Q2 2025 net income of $7.7 million ($0.99 per diluted share), down from $9.0 million ($1.13 per diluted share) in Q2 2024. The company announced its 50th consecutive quarterly dividend of $0.28 per share plus a special dividend of $0.22 per share, both payable August 21, 2025.
Key metrics include: Total deposits decreased 2.4% to $2.55 billion, loans receivable increased 3.2% to $2.58 billion, and borrowings rose significantly by 240.5% to $234.3 million. The company actively repurchased 132,282 shares at an average price of $38.92 and approved a new $5.0 million share repurchase plan.
Book value per share improved to $39.55, up from $37.15 year-over-year. The Bank maintained strong regulatory capital ratios with 14.1% total risk-based capital and 11.2% Tier 1 leverage capital.
FS Bancorp (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington, has announced the promotion of May-Ling Sowell to the position of Chief Compliance Officer, SVP, effective July 1, 2025.
Sowell, who joined the bank as Compliance Officer in 2006, brings over three decades of banking experience and holds a Certified Regulatory Compliance Manager designation obtained in 2012. In her new role, she will lead the bank's regulatory compliance system, security, and internal compliance training teams.
1st Security Bank currently operates 27 branches across Washington and Oregon, offering loan and deposit services, with mortgage services available at all locations.
FS Bancorp (NASDAQ: FSBW) has announced a new share repurchase program authorizing up to $5.0 million in common stock buybacks. The program will run for 12 months until July 9, 2026, with purchases to be made in open market or private transactions.
The new buyback program will commence three trading days after this announcement. Additionally, the company's previous repurchase plan from April 4, 2025, still has $400,000 remaining for repurchases. Management will conduct purchases based on market conditions, stock price, and alternative capital uses, following SEC Rule 10b-18 requirements.
FS Bancorp (NASDAQ: FSBW) reported Q1 2025 net income of $8.0 million, or $1.01 per diluted share, compared to $8.4 million ($1.06/share) in Q1 2024. The company announced its 49th consecutive quarterly cash dividend of $0.28 per share, payable May 22, 2025.
Key highlights include:
- Total deposits increased 11.8% to $2.62 billion, primarily from $226.9 million growth in brokered deposits
- Loans receivable remained stable at $2.50 billion, up 3.5% year-over-year
- Consumer loans decreased 1.8% to $608.9 million, with 87.4% being home improvement loans
- Book value per share increased to $39.12
- The company repurchased 98,317 shares at average $39.06/share and authorized additional $5.0 million for future repurchases
FS Bancorp (NASDAQ: FSBW) has announced a new share repurchase program authorized by its Board of Directors. The program allows for the repurchase of up to $5.0 million of the company's outstanding common stock, either through open market or private transactions, over a 12-month period ending March 31, 2026.
The new program will begin on the third trading day following this announcement. Additionally, approximately $900,000 remains available from the previously announced November 15, 2024 repurchase plan.
Management will conduct repurchases at their discretion based on market conditions, trading prices, and alternative capital uses. The program will follow SEC Rule 10b-18 limitations and can be suspended, terminated, or modified at any time.
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