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FS Bancorp, Inc.

FS Bancorp, Inc.FSBWEarnings & Financial Report

Nasdaq
NextMar 20, 2026

FSBW Q3 2025 Key Financial Metrics

Revenue

$33.7M

Gross Profit

N/A

Operating Profit

$11.6M

Net Profit

$9.2M

Gross Margin

N/A

Operating Margin

34.4%

Net Margin

27.2%

YoY Growth

7.8%

EPS

$1.18

Financial Flow

FS Bancorp, Inc. Q3 2025 Financial Summary

FS Bancorp, Inc. reported revenue of $33.7M for Q3 2025, with a net profit of $9.2M (27.2% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$33.7M
Net Profit$9.2M
Gross MarginN/A
Operating Margin34.4%
Report PeriodQ3 2025

FS Bancorp, Inc. Annual Revenue by Year

FS Bancorp, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $64.7M).

YearAnnual Revenue
2024$64.7M
2023$4.6M
2022$3.2M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$1.2M$1.1M$1.2M$31.2M$31.1M$31.0M$32.1M$33.7M
YoY Growth47.6%23.3%-7.6%2419.7%2519.0%2649.1%2637.6%7.8%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$2.97B$2.97B$2.94B$2.97B$3.03B$3.07B$3.18B$3.21B
Liabilities$2.71B$2.69B$2.66B$2.68B$2.73B$2.77B$2.88B$2.91B
Equity$264.5M$277.9M$284.0M$288.9M$295.8M$298.8M$297.2M$300.5M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$12.6M$277000$10.1M$-629000$41.1M$8.2M$7.1M$44.6M