FS Bancorp, Inc.FSBW

$41.69+0.51 (+1.24%)
NASDAQFinancial Services24:00 UTC

Company snapshot

Market Cap
$319M
Small-cap
+295%
2016 — today
10-Year Price
+213%
2016 — today
52-Week Range
$37.04$43.88
Current $41.69· 68%

FS Bancorp, Inc. functions as the holding company for 1st Security Bank of Washington, delivering a comprehensive suite of banking and financial services. These offerings cater to families, local and regional businesses, and specialized industry sectors. The company operates through two main divisions: Commercial and Consumer Banking, and Home Lending. Its deposit portfolio includes checking, money market, and savings accounts, alongside certificates of deposit. For lending, FS Bancorp provides diverse options such as first and second mortgages for one-to-four-family residences, home equity loans, non-mortgage commercial business loans, commercial real estate and construction/development financing, and a variety of consumer loans including personal lines of credit, credit cards, auto, direct home improvement, deposit-secured, and recreational vehicle loans. As of December 31, 2021, the company maintained 21 full-service bank branches and 10 home loan production offices, strategically situated in suburban communities across the greater Puget Sound area (including Snohomish, King, Pierce, Jefferson, Kitsap, Clallam, Grays Harbor, Thurston, and Lewis counties), with an additional loan production office serving the Tri-Cities market. Established in 1936, FS Bancorp, Inc. is headquartered in Mountlake Terrace, Washington.

Valuation in context

P/E ratio
9.7
Above average
Pricier than usual over the last 10 years
P/B ratio
1.0
Below average
Below the 10-year average
EV / EBITDA
9.6
Historically pricey
Historically pricey — last 10 years
Dividend Yield
3.3%
Near historic high
Near historic highs — last 10 years
FCF Yield
16.5%
Around average
Around the 10-year average
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