---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-012996"
form_type: "8-K"
ticker: "FSBW"
cik: "0001530249"
company_name: "FS Bancorp, Inc."
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:53:29.309649+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FS Bancorp Q1 net income $7.8M ($1.02 EPS); book value per share record $42.42

## Summary
- Diluted EPS $1.02, net income $7.8M ($8.0M YoY); pre-tax income up 4.6% to $9.9M.
- Home lending production $207.5M, up 42.7% YoY, driven by improved rate activity.
- Total deposits $2.31B, cost of deposits 2.24% (down 2bp QoQ).
- Book value per share record $42.42, up $0.87 QoQ; tangible BV $40.61.
- Declared $0.29 quarterly dividend, 53rd consecutive; payable May 21 to holders May 7.

## SEC filing metadata
- accession: 0001437749-26-012996
- form_type: 8-K
- ticker: FSBW
- cik: 0001530249
- company_name: FS Bancorp, Inc.
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530249/000143774926012996/0001437749-26-012996-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530249/000143774926012996/fsbw20260226_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-012996
- JSON: https://secwatch.observer/filing/0001437749-26-012996.json
- Plain text: https://secwatch.observer/filing/0001437749-26-012996.txt

## Source-grounded claims
- claim_id: 0147b1cc88240e53b2b745cfd17d7d2fe7c541ee
  claim: FS Bancorp, Inc. reported the quarter ended March 31, 2026 results: net income $7.8 million, EPS $1.02 per diluted share.
  evidence_excerpt: FS Bancorp, Inc. Reports First Quarter Net Income of $7.8 Million or $1.02 Per Diluted Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530249/000143774926012996/0001437749-26-012996-index.htm

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