DA Davidson Predicts Increased Earnings for FS Bancorp

FS Bancorp, Inc. (NASDAQ:FSBWFree Report) – Stock analysts at DA Davidson lifted their FY2025 earnings per share (EPS) estimates for shares of FS Bancorp in a research note issued on Thursday, January 23rd. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings per share of $4.40 for the year, up from their prior forecast of $4.25. The consensus estimate for FS Bancorp’s current full-year earnings is $4.45 per share.

FS Bancorp (NASDAQ:FSBWGet Free Report) last issued its earnings results on Tuesday, January 21st. The bank reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.12). FS Bancorp had a return on equity of 12.35% and a net margin of 16.97%.

Separately, StockNews.com cut FS Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, October 23rd.

Check Out Our Latest Analysis on FS Bancorp

FS Bancorp Price Performance

Shares of FSBW opened at $41.10 on Monday. FS Bancorp has a 12-month low of $30.64 and a 12-month high of $49.15. The business’s fifty day moving average is $43.17 and its 200 day moving average is $43.31. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.74. The stock has a market cap of $321.40 million, a P/E ratio of 9.34 and a beta of 0.96.

FS Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Thursday, February 6th. This is a boost from FS Bancorp’s previous quarterly dividend of $0.27. This represents a $1.12 annualized dividend and a yield of 2.73%. FS Bancorp’s dividend payout ratio (DPR) is 24.55%.

Hedge Funds Weigh In On FS Bancorp

Large investors have recently bought and sold shares of the stock. Copeland Capital Management LLC bought a new position in FS Bancorp during the 3rd quarter valued at $62,000. SG Americas Securities LLC purchased a new stake in shares of FS Bancorp during the 3rd quarter valued at $103,000. Advisors Asset Management Inc. increased its position in shares of FS Bancorp by 165.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 4,146 shares of the bank’s stock valued at $184,000 after purchasing an additional 2,582 shares during the last quarter. Jane Street Group LLC increased its position in shares of FS Bancorp by 43.9% during the 3rd quarter. Jane Street Group LLC now owns 8,784 shares of the bank’s stock valued at $391,000 after purchasing an additional 2,678 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in shares of FS Bancorp by 92.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 14,191 shares of the bank’s stock valued at $631,000 after purchasing an additional 6,823 shares during the last quarter. 63.88% of the stock is currently owned by institutional investors.

About FS Bancorp

(Get Free Report)

FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit.

Featured Stories

Receive News & Ratings for FS Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FS Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.