---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-023290"
form_type: "8-K"
ticker: "FSBW"
cik: "0001530249"
company_name: "FS Bancorp, Inc."
filed_at: "2024-07-23T23:59:59+00:00"
generated_at: "2026-05-31T18:02:11.010715+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FS Bancorp Q2 net income $9.0M ($1.13 EPS); raises dividend 3.8% to $0.27/share

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-023290
- form_type: 8-K
- ticker: FSBW
- cik: 0001530249
- company_name: FS Bancorp, Inc.
- filed_at: 2024-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530249/000143774924023290/0001437749-24-023290-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530249/000143774924023290/fsbw20240522_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-023290
- JSON: https://secwatch.observer/filing/0001437749-24-023290.json
- Plain text: https://secwatch.observer/filing/0001437749-24-023290.txt

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