---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028951"
form_type: "8-K"
ticker: "FSBW"
cik: "0001530249"
company_name: "FS Bancorp, Inc."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T10:31:50.900680+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FS Bancorp Q3 net income $9.0M ($1.13/diluted); declares $0.25 quarterly dividend

## Summary
- Net income $9.0M ($1.13 diluted EPS) vs $8.5M ($1.08) in Q3 2022; nine-month net income $26.3M ($3.33).
- Net interest margin compressed to 4.34% from 4.54% a year ago; total interest income up $12.0M YoY.
- Loans receivable net $2.38B (+14.0% YoY); total deposits $2.45B (+17.8% YoY).
- Board declared 43rd consecutive quarterly cash dividend of $0.25/share, payable Nov 22 to holders of record Nov 9.
- Commercial & Consumer Banking segment net income $8.8M; Home Lending segment net income $166K.

## SEC filing metadata
- accession: 0001437749-23-028951
- form_type: 8-K
- ticker: FSBW
- cik: 0001530249
- company_name: FS Bancorp, Inc.
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530249/000143774923028951/0001437749-23-028951-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530249/000143774923028951/fsbw20230925_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028951
- JSON: https://secwatch.observer/filing/0001437749-23-028951.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028951.txt

## Key facts
- Earnings Releases
  FS Bancorp, Inc. reported the quarter ended September 30, 2023 results: net income $9.0 million, EPS $1.13 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Net income: $9.0 million
  - EPS: $1.13 per diluted share
  - Result: reported results
  source text: FS Bancorp, Inc. Reports Third Quarter Net Income of $9.0 Million or $1.13 Per Diluted Share and the Forty-Third Consecutive Quarterly Dividend
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530249/000143774923028951/0001437749-23-028951-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.