earnings
confidence high
sentiment positive
materiality 0.60
FS Bancorp Q2 net income $9.0M ($1.13 EPS); raises dividend 3.8% to $0.27/share
FS Bancorp, Inc.
2024-Q2 EPS reported
$2.20
revenue$2,300,000
- Net income $9.0M vs $9.1M a year ago; diluted EPS $1.13 vs $1.16; NIM 4.29% vs 4.66%.
- Loans receivable net $2.46B, up 4.9% YoY; deposits $2.38B, down $82.5M from Q1 on brokered reduction.
- Quarterly dividend increased $0.01 to $0.27/share, payable Aug 21 to holders of record Aug 7.
- Board authorized new $5.0M share repurchase plan; 73,000 shares repurchased at avg $32.84 in Q2.
- Book value per share $37.15 (tangible $34.66); Matthew D. Mullet promoted to Bank President.