---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-023239"
form_type: "8-K"
ticker: "FSBW"
cik: "0001530249"
company_name: "FS Bancorp, Inc."
filed_at: "2025-07-22T23:59:59+00:00"
generated_at: "2026-05-18T04:16:51.283719+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FS Bancorp Q2 net income $7.7M ($0.99 EPS), down from $9.0M YoY; declares $0.28 regular + $0.22 special dividend

## Summary
- Net income $7.7M, diluted EPS $0.99 vs $1.13 in Q2 2024; six-month net income $15.7M vs $17.4M YoY.
- Total deposits down $61.8M to $2.55B; borrowings up $165.5M to $234.3M vs prior quarter.
- Loans receivable up $81.2M to $2.58B; consumer loans decreased $2.6M to $606.3M.
- Board declared 50th consecutive quarterly cash dividend $0.28 plus special dividend $0.22, payable Aug 21 to holders of record Aug 7.
- Repurchased 132,282 shares at avg $38.92; new $5M share repurchase plan authorized July 9.

## SEC filing metadata
- accession: 0001437749-25-023239
- form_type: 8-K
- ticker: FSBW
- cik: 0001530249
- company_name: FS Bancorp, Inc.
- filed_at: 2025-07-22T23:59:59+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/1530249/000143774925023239/0001437749-25-023239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530249/000143774925023239/fsbw20250512_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-023239
- JSON: https://secwatch.observer/filing/0001437749-25-023239.json
- Plain text: https://secwatch.observer/filing/0001437749-25-023239.txt

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