---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-033128"
form_type: "8-K"
ticker: "FSBW"
cik: "0001530249"
company_name: "FS Bancorp, Inc."
filed_at: "2026-10-21T20:39:37+00:00"
generated_at: "2026-10-21T20:42:17.718295+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FS Bancorp Q3 net income falls to $4.9M ($0.63/sh) from $9.2M a year ago; declares $0.29 dividend

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-26-033128
- form_type: 8-K
- ticker: FSBW
- cik: 0001530249
- company_name: FS Bancorp, Inc.
- filed_at: 2026-10-21T20:39:37+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530249/000143774926033128/0001437749-26-033128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530249/000143774926033128/fsbw20260812_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-033128
- JSON: https://secwatch.observer/filing/0001437749-26-033128.json
- Plain text: https://secwatch.observer/filing/0001437749-26-033128.txt

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