earnings
confidence high
sentiment positive
materiality 0.75
FS Bancorp Q1 net income $8.2M ($1.04 EPS), up 19% YoY; board declares $0.25 dividend
FS Bancorp, Inc.
2023-Q1 EPS reported
$1.04
revenue$914,000
- Net income $8.2M ($1.04 diluted EPS) vs $6.9M ($0.83) a year ago; adjusted net income ~$9.6M.
- Completed purchase of 7 branches from Columbia State Bank with $382.1M in deposits.
- Branch acquisition added ~$336M net cash; acquisition-related costs $1.5M and CDI amortization $286k.
- Board declared 41st consecutive quarterly cash dividend of $0.25/share, payable May 25, 2023.