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FS Bancorp Inc - FSBW STOCK NEWS

Welcome to our dedicated news page for FS Bancorp (Ticker: FSBW), a resource for investors and traders seeking the latest updates and insights on FS Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FS Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FS Bancorp's position in the market.

Rhea-AI Summary
FS Bancorp, Inc. reported a net income of $36.1 million for 2023, an increase from $29.6 million in 2022. The company's fourth quarter net income was $9.8 million, compared to $7.6 million the previous year. The Board of Directors approved a $0.01 increase in the quarterly dividend to $0.26 per share, and the company is negotiating to sell a portion of its mortgage servicing rights. Total deposits and loans receivable both increased, and the company achieved a 1.27% return on average assets for the year ended December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.99%
Tags
dividends
-
Rhea-AI Summary
1st Security Bank (‘the Bank’) appoints Dan Icasiano as SVP, Director of Treasury Management, leveraging his 30+ years of banking and treasury management experience. CEO Joe Adams highlights Dan's expertise in customized deposit solutions for business customers and product development, positioning him to guide the Bank's growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
management
-
Rhea-AI Summary
1st Security Bank (FSB) announces the promotion of Sean McCormick to SVP, Director of Credit Administration, effective November 1st. Sean has a wealth of credit experience and a long history at the Bank, earning him the reputation of a trusted credit advisor. He holds a bachelor’s degree in finance from the University of Washington and a leadership certificate from Wharton Executive Education. Sean is on the Finance Committee for the Master Builders Association of King and Snohomish Counties and provides mentorship for third-year students through Stonier.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
none
Rhea-AI Summary
FS Bancorp reports Q3 net income of $9.0 million, an increase of 5.9% compared to the same quarter last year. Total deposits increased by 3.8% to $2.45 billion. Loans receivable increased by 1.4% to $2.38 billion. Consumer loans increased by 1.0% to $640.1 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
dividends
-
Rhea-AI Summary
FS Bancorp, Inc. (NASDAQ: FSBW) has announced the authorization of a stock repurchase program, allowing the company to repurchase up to $5.0 million in shares or 2.5% of its outstanding shares of common stock over a 12-month period. The program will commence no sooner than the third trading day after the public announcement and will be conducted in open market or private transactions, subject to various factors such as market conditions, financial performance, and availability of stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
buyback
-
Rhea-AI Summary
FS Bancorp, Inc. (NASDAQ: FSBW) reported a strong 2023 second quarter, with net income of $9.1 million, a 36% increase from the previous year. The company also approved a 42nd consecutive quarterly cash dividend of $0.25 per share. Key highlights include a 20.4% increase in loans receivable, net, and a 4.5% increase in consumer loans, with 88.0% being home improvement loans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.25%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.85%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.59%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
acquisition
FS Bancorp Inc

Nasdaq:FSBW

FSBW Rankings

FSBW Stock Data

270.94M
6.47M
14.74%
64.76%
0.79%
Savings Institutions
Finance and Insurance
Link
United States
Mountlake Terrace

About FSBW

headquartered in mountlake terrace, washington, 1st security bank has been serving customers in king, kitsap, pierce and snohomish counties since 1936. with our seven neighborhood branches, we believe that bigger is not necessarily better. in fact, our strength comes from the relationships that we build with our customers, small businesses and community partners. additionally, 1st security operates lending programs for home buyers, local contractors, builders, mortgage companies and boat dealerships that help strengthen the communities in which we live and work. we aren't just open for business; we live here, which is why our branches are so involved with their communities. from sponsoring food drives to the annual poulsbo kids day celebration, everyone at 1st security lives our passion for being the bank that makes our customers say "wow". the northwest is a diverse, open and welcoming community with many cultures and backgrounds that we celebrate, truly believing that we are stron