FS Bancorp, Inc.FSBWEarnings & Financial Report
FS Bancorp, Inc. is a U.S.-headquartered bank holding company that serves as the parent of 1st Security Bank of Washington. It offers a full range of personal and commercial banking solutions including deposit products, mortgage loans, small business financing and construction loans, primarily catering to customers in the Pacific Northwest, with core segments covering retail banking, commercial banking and residential lending.
Revenue
$39.3M
Gross Profit
N/A
Operating Profit
$11.6M
Net Profit
$9.2M
Gross Margin
N/A
Operating Margin
29.5%
Net Margin
23.4%
YoY Growth
5.6%
EPS
$1.18
FS Bancorp, Inc. Q3 FY2025 Financial Summary
FS Bancorp, Inc. reported revenue of $39.3M (up 5.6% YoY) for Q3 FY2025, with a net profit of $9.2M (down 10.8% YoY) (23.4% margin).
Key Financial Metrics
| Total Revenue | $39.3M |
|---|---|
| Net Profit | $9.2M |
| Gross Margin | N/A |
| Operating Margin | 29.5% |
| Report Period | Q3 FY2025 |
FS Bancorp, Inc. Annual Revenue by Year
FS Bancorp, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $152.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $152.7M |
| 2024 | $144.7M |
| 2023 | $4.6M |
| 2022 | $3.2M |
FS Bancorp, Inc. Quarterly Revenue & Net Profit History
FS Bancorp, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $40.0M | +12.0% | N/A | N/A |
| Q3 FY2025 | $39.3M | +5.6% | $9.2M | 23.4% |
| Q2 FY2025 | $37.3M | +2.8% | $7.7M | 20.7% |
| Q1 FY2025 | $36.1M | +1.8% | $8.0M | 22.2% |
| Q4 FY2024 | $35.7M | -0.5% | N/A | N/A |
| Q3 FY2024 | $37.2M | +4.5% | $10.3M | 27.6% |
| Q2 FY2024 | $36.3M | -0.3% | $9.0M | 24.7% |
| Q1 FY2024 | $35.5M | -1.2% | $8.4M | 23.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.5M | $36.3M | $37.2M | $35.7M | $36.1M | $37.3M | $39.3M | $40.0M |
| YoY Growth | -1.2% | -0.3% | 4.5% | -0.5% | 1.8% | 2.8% | 5.6% | 12.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.97B | $2.94B | $2.97B | $3.03B | $3.07B | $3.18B | $3.21B | $3.20B |
| Liabilities | $2.69B | $2.66B | $2.68B | $2.73B | $2.77B | $2.88B | $2.91B | $2.89B |
| Equity | $277.9M | $284.0M | $288.9M | $295.8M | $298.8M | $297.2M | $300.5M | $307.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $275000 | $9.9M | $-891000 | $50.8M | $8.2M | $7.1M | $44.6M | $72.3M |