earnings
confidence high
sentiment negative
materiality 0.70
FS Bancorp Q3 net income falls to $4.9M ($0.63/sh) from $9.2M a year ago; declares $0.29 dividend
FS Bancorp, Inc.
- Q3 2026 net income was $4.9M, or $0.63 per diluted share, vs $7.9M/$1.04 in Q2 and $9.2M/$1.18 a year ago.
- Nine-month 2026 net income was $20.7M ($2.62/sh) vs $24.9M ($3.18/sh) for the comparable 2025 period.
- Declared 55th consecutive quarterly cash dividend of $0.29/share, payable Nov. 20, 2026 to holders of record Nov. 6.
- Closed Pacific West acquisition Aug. 19, 2026 for ~$35.3M (430,149 shares + $16.9M cash); added $435.6M deposits, $256.5M loans; $1.7M bargain gain.
- Deposits $2.87B (+17.1% QoQ); net loans $3.01B (+$379.1M). Home Lending lost $806K on rising rates; Commercial/Consumer earned $5.7M.