FS Bancorp (FSBW) Set to Announce Quarterly Earnings on Wednesday

FS Bancorp (NASDAQ:FSBW) is scheduled to issue its quarterly earnings data on Wednesday, April 24th.

FS Bancorp (NASDAQ:FSBW) last issued its earnings results on Wednesday, January 24th. The bank reported $1.23 EPS for the quarter, beating the consensus estimate of $1.02 by $0.21. FS Bancorp had a net margin of 19.21% and a return on equity of 15.16%. The company had revenue of $35.91 million during the quarter, compared to analysts’ expectations of $34.80 million. On average, analysts expect FS Bancorp to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

FS Bancorp Stock Down 1.2 %

FSBW opened at $31.12 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.00 and a quick ratio of 0.99. The company’s 50-day moving average is $32.96 and its 200 day moving average is $33.07. The firm has a market capitalization of $243.05 million, a P/E ratio of 6.82 and a beta of 0.92. FS Bancorp has a fifty-two week low of $26.08 and a fifty-two week high of $38.70.

FS Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Thursday, February 8th were paid a dividend of $0.26 per share. The ex-dividend date was Wednesday, February 7th. This represents a $1.04 annualized dividend and a yield of 3.34%. This is a boost from FS Bancorp’s previous quarterly dividend of $0.25. FS Bancorp’s dividend payout ratio is currently 22.81%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of FS Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, April 11th.

About FS Bancorp

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.