FS Bancorp, Inc. (FSBW)

Several events have impacted FS Bancorp's stock price in the past six months. 1st Security Bank announced Omeed Salashoor as the new Director of Home Lending on December 23, 2025. FS Bancorp authorized an additional $5.0 million share repurchase program on October 28, 2025, following an earlier authorization on July 9, 2025. The company reported its Q3 earnings on October 21-22, 2025, with EPS of $1.18 surpassing estimates, but the net profit margin declined. D.A. Davidson lowered its price target for FS Bancorp to $41.00 from $44.00 on October 22, 2025. FS Bancorp reported Q2 net income of $7.7 million on July 22, 2025, and declared its 50th consecutive quarterly cash dividend and a special dividend. The ex-dividend date for a quarterly dividend of $0.28 per share was November 6, 2025. A special dividend of $0.22 was declared on August 7, 2025. There was insider selling activity by Director Marina Cofer-Wildsmith in November 2025 and by CEO Joseph Adams in August 2025.

While specific data on demand seasonality for FS Bancorp's products and services is not explicitly detailed, its mortgage-related activities are likely subject to seasonal fluctuations, with higher activity during the spring and summer months. The Commercial and Consumer Banking segment may experience different or less pronounced seasonal patterns.

FS Bancorp, Inc. operates in the Financials sector, specifically in the Banks industry, with business divided into Commercial and Consumer Banking, and Home Lending. It offers deposit products like checking and savings accounts, and lending services including commercial and industrial loans, residential mortgages, and consumer credit. The company also provides treasury management, cash management solutions, mobile banking apps, telephone banking, wealth management, and insurance services.

FS Bancorp primarily serves Washington state, with a strong presence in the greater Puget Sound area, including Snohomish, King, Pierce, Jefferson, Kitsap, Clallam, Grays Harbor, Thurston, Lewis, and Benton counties, and also has an operational footprint in Oregon. As of December 31, 2021, FS Bancorp operated 21 full bank service branches and 10 home loan production offices, and more recently operates through 27 bank branches, one headquarters office, and loan production offices in the greater Puget Sound area, the Tri-Cities, and Vancouver, Washington.

FS Bancorp has maintained a generally positive brand reputation in the past year. MarketBeat's MarketRank™ scored FS Bancorp higher than 84% of evaluated companies and ranked it 283rd out of 915 stocks in the finance sector. Analysts have given the company a consensus rating of "Moderate Buy." News mentions primarily focused on standard corporate activities such as earnings reports, dividend declarations, and share repurchase programs.

Institutional investors hold a significant portion of FS Bancorp's stock, ranging from approximately 52.63% to 66.4%, while insiders own about 9.41% to 9.77% of the company's shares. Major institutional owners include T. Rowe Price Investment Management, Inc., BlackRock, Inc., Dimensional Fund Advisors Lp, and Vanguard Group Inc.