earnings
confidence high
sentiment neutral
materiality 0.65
FS Bancorp Q4 net income $7.4M ($0.92 EPS); quarterly dividend raised to $0.28/share
FS Bancorp, Inc.
2024-FY EPS reported
$4.36
- Q4 net income $7.4M ($0.92 diluted EPS) vs $9.8M ($1.23) a year ago; full year 2024 net income $35.0M ($4.36) vs $36.1M ($4.56) in 2023.
- Quarterly dividend increased 3.7% to $0.28/share from $0.27; payable Feb 20, 2025 to holders of record Feb 6, 2025.
- Net interest margin 4.31% vs 4.35% prior quarter; tangible book value per share $36.02, up 13.8% YoY.
- Loans grew 1.6% sequentially to $2.50B; deposits declined 3.6% to $2.34B, driven by a $107.9M drop in brokered deposits.
- Borrowings rose 87.9% to $307.8M; repurchased 35,000 shares at avg $48.47 in Q4, $4.7M remaining under plan.