---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-013035"
form_type: "8-K"
ticker: "FSBW"
cik: "0001530249"
company_name: "FS Bancorp, Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:34:31.044636+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FS Bancorp Q1 net income $8.4M ($1.06 EPS); NIM 4.26%; declares $0.26 dividend

## Summary
- Net income $8.4M vs $8.2M year ago; diluted EPS $1.06 vs $1.04.
- NIM 4.26%, up from 4.24% prior quarter, down from 4.70% year ago.
- Sold $1.29B MSRs for $8.2M pre-tax gain; sold $52M securities for $8.0M pre-tax loss.
- Loans net $2.42B (+0.6% QoQ); deposits $2.47B (-2.3% QoQ).
- Board declared forty-fifth consecutive quarterly dividend of $0.26/share, payable May 23.

## SEC filing metadata
- accession: 0001437749-24-013035
- form_type: 8-K
- ticker: FSBW
- cik: 0001530249
- company_name: FS Bancorp, Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530249/000143774924013035/0001437749-24-013035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530249/000143774924013035/fsbw20240122_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013035
- JSON: https://secwatch.observer/filing/0001437749-24-013035.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013035.txt

## Key facts
- Earnings Releases
  FS Bancorp, Inc. reported for the quarter ended March 31, 2024 results: net income $8.4 million, EPS $1.06 per diluted share.
  - Period: for the quarter ended March 31, 2024
  - Net income: $8.4 million
  - EPS: $1.06 per diluted share
  - Result: reported results
  source text: FS Bancorp, Inc. Reports First Quarter Net Income of $8.4 Million or $1.06 Per Diluted Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530249/000143774924013035/0001437749-24-013035-index.htm

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