8-K
filed February 26, 2026, 6:59 PM ET
ticker FSBW
CIK 0001530249
M&A
confidence high
sentiment positive
materiality 0.70
FS Bancorp to acquire Pacific West Bancorp for $34.6M in stock/cash
FS Bancorp, Inc.
- Consideration: 430,176 FS Bancorp shares + $16.8M cash; valued at $12.52 per Pacific West share.
- Deal expected to be immediately accretive to EPS; 7.4% accretion projected for 2027.
- TBV dilution at close of 2.2% with estimated earnback period of 2.4 years.
- Pro forma combined company would have $3.6B in assets, $3.0B loans, $3.0B deposits, 31 branches.
- Boards unanimously approved; closing expected Q3 2026 subject to regulatory and shareholder approvals.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0000939057-26-000060
- form_type
- 8-K
- ticker
- FSBW
- cik
- 0001530249
- company_name
- FS Bancorp, Inc.
- filed_at
- 2026-02-26T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:35.344280+00:00
- generated_at
- 2026-05-15T23:33:51.899419+00:00
- sec_items
- ["8.01", "9.01"]
- event_type
- m_and_a
- sentiment
- positive
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0000939057-26-000060
- json_url
- https://secwatch.observer/filing/0000939057-26-000060.json
- markdown_url
- https://secwatch.observer/filing/0000939057-26-000060.md
- text_url
- https://secwatch.observer/filing/0000939057-26-000060.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1530249/000093905726000060/0000939057-26-000060-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1530249/000093905726000060/fsbanc8k22526.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
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- superseded_by
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