Highest-materiality recent filing
Sound Financial Bancorp Q2 net income $2.5M ($0.98 EPS), NIM 3.73%; declares $0.21 dividend
Net income $2.5M ($0.98 EPS) vs. $1.6M ($0.61) in Q1 2026 and $2.1M ($0.79) in Q2 2025.
Sound Financial Bancorp shareholders re-elect directors, approve say-on-pay, ratify auditor
David S. Haddad, Jr. re-elected with 1,611,647 votes for, 89,116 withheld; term expires 2029.
Sound Financial Q1 net income $1.6M ($0.61 EPS); NIM expands to 3.49%
Net income $1.6M, diluted EPS $0.61, down from $2.2M ($0.87) in Q4 2025 but up from $1.2M ($0.45) a year ago.
Sound Financial Bancorp sets annual meeting for May 26, 2026
Annual meeting of shareholders scheduled for Tuesday, May 26, 2026.
Sound Financial Q4 net income $2.2M ($0.87 EPS), NPLs surge 112.8% to $5.8M
Net income $2.2M, up 29% QoQ from $1.7M; diluted EPS $0.87 vs $0.66 prior quarter.
Sound Financial Q3 EPS $0.66, net income $1.7M; dividend declared $0.19/share
Q3 2025 net income $1.7M vs $2.1M in Q2 2025 and $1.2M in Q3 2024.
Sound Financial Bancorp names CFO Wes Ochs President; CEO Laurie Stewart remains CEO
Effective Oct 1, 2025, Wes Ochs becomes President of the Company and Bank while continuing as CFO.
Sound Financial Q2 net income $2.1M ($0.79 EPS), up from $0.45 prior quarter; dividend $0.19
Net income $2.1M, diluted EPS $0.79 vs $0.45 Q1 2025 and $0.31 Q2 2024.
Sound Financial Bancorp replaces auditor after Moss Adams merges with Baker Tilly
Moss Adams merged with Baker Tilly effective June 3, 2025; Baker Tilly appointed as successor auditor.
SFBC shareholders elect three directors, approve say-on-pay, and ratify Moss Adams as auditor
Directors Tyler K. Myers, Robert F. Carney, and James E. Sweeney elected with 1.75M, 1.60M, and 1.59M votes For, respectively.
Sound Financial Q1 net income $1.2M ($0.45 EPS), NIM expands to 3.25%, declares $0.19 dividend
Net income of $1.2M ($0.45 diluted EPS) vs $1.9M ($0.74) in Q4 2024 and $770K ($0.30) in Q1 2024.
Sound Financial Bancorp sets May 27, 2025 annual meeting date
Annual meeting scheduled for May 27, 2025; record date for voting is March 31, 2025.
Sound Financial Bancorp Q4 net income $1.9M (EPS $0.74); NIM up to 3.13%; declares $0.19 dividend
Net income $1.9M ($0.74 diluted EPS) vs $1.2M ($0.45) in Q3 2024 and $1.2M ($0.47) in Q4 2023.
Sound Financial amends change-in-control agreements for six officers, including Sexton and Ochs
On Oct 30, 2024, Board approved amendments to change-in-control agreements for six officers.
Sound Financial Q3 net income $1.2M, EPS $0.45; NIM improves to 2.98%, loans top $900M
Net income $1.2M ($0.45 EPS) in Q3 2024, flat YoY, up 45% from Q2.
Sound Financial board opts for annual say-on-pay vote after shareholder approval
Stockholders voted in favor of annual frequency for advisory votes on executive compensation at the May 29, 2024 annual meeting.
Sound Financial Q2 net income $0.31 EPS, down 72% YoY; NIM narrows to 2.92%
Net income $795k ($0.31 diluted EPS) vs $2.9M ($1.11) in Q2 2023, down 72% YoY.
Elected Debra Jones, Corissa B. Porcelli, and Rogelio Riojas as directors for terms expiring 2027.
Sound Financial Q1 net income falls to $770K; NPLs jump 155% Q/Q
Net income of $770K ($0.30 diluted EPS) vs $1.2M ($0.47) in Q4 2023 and $2.2M ($0.83) in Q1 2023.
Sound Financial Bancorp sets May 29, 2024 annual meeting; three director nominees
Annual meeting date: May 29, 2024; record date for voting: March 28, 2024.
Sound Financial Q4 net income $1.2M, EPS $0.47; NIM shrinks to 3.04%; NPLs double
Net income $1.2M ($0.47 EPS) flat QoQ but down 59% from $2.9M ($1.12) a year ago.
Sound Financial Bancorp authorizes $1.5M share repurchase over 12 months
Board authorized repurchase of up to $1.5M of common stock over 12 months, starting after existing program expires Jan 31, 2024.
Sound Financial Q3 net income drops 59% to $1.2M; NIM compresses to 3.38%
Diluted EPS of $0.45 vs $1.11 in Q2 2023 and $0.97 in Q3 2022.
Sound Financial Q2 net income $2.9M, EPS $1.11; declares $0.19 dividend
Net income $2.9M ($1.11 EPS) vs $2.2M ($0.83) in Q1 2023 and $1.6M ($0.61) in Q2 2022.
Sound Financial extends stock repurchase program through Jan 31, 2024
Board extended program from July 31, 2023 to January 31, 2024; ~$0.9M remains available.
Third-party vendor using MOVEit transferred data for Sound Community Bank's ~16,000 mobile/online banking customers.
Shareholders re-elect directors, approve say-on-pay, ratify Moss Adams as auditor
David S. Haddad, Jr. re-elected with 1,392,478 for; Laura Lee Stewart with 1,503,329 for.
Sound Financial Q1 net income $2.2M ($0.83 EPS); dividend raised to $0.19/share
Net income $2.2M, $0.83 diluted EPS vs $2.9M ($1.12) in Q4 2022 and $1.7M ($0.65) in Q1 2022.
Sound Financial Bancorp sets annual meeting for May 31, 2023; record date March 31.
Annual meeting of shareholders scheduled for Wednesday, May 31, 2023.
Sound Financial Q4 EPS $1.12 beats prior quarter $0.97; declares $0.17 dividend
Net income $2.9M, diluted EPS $1.12, vs $2.5M ($0.97) in Q3 2022 and $1.9M ($0.70) in Q4 2021.
Sound Financial extends stock buyback program to July 31, 2023 with $2.1M remaining
Board extended repurchase program from Jan 31, 2023 to July 31, 2023.
Sound Financial Q3 net income $2.5M ($0.97 EPS); NIM expands to 4.13%
Net income $2.5M ($0.97 diluted EPS) vs $1.6M ($0.61) in Q2 and $2.6M ($0.98) in Q3 2021.
Sound Financial Bancorp Q2 net income $1.6M ($0.61 EPS), down 30% YoY; loans grow 13.6% QoQ
Net income of $1.6M ($0.61 diluted EPS) vs $2.3M ($0.85) in Q2 2021 and $1.7M ($0.65) in Q1 2022.
Sound Financial Bancorp increases stock buyback authorization to $4M, extends to Jan 2023
Board increased authorized repurchase amount from $2.0 million to $4.0 million, effective immediately.
CEO Laura Lee Stewart's SERP amended; projected annual retirement benefit increased to $96,390 from $78,030.
Shareholders approve all proposals at 2022 annual meeting
Elected directors Tyler K. Myers, Robert F. Carney, and James E. Sweeney to terms expiring 2025.
Sound Financial Q1 net income $1.7M, EPS $0.65; declares $0.17 dividend
Net income of $1.7M ($0.65 diluted EPS), down from $2.5M ($0.93) in Q1 2021 and $1.9M ($0.70) in Q4 2021.
Sound Financial extends stock buyback plan for up to $2M through Oct 29, 2022
Board approved extension of existing $2M share repurchase program through October 29, 2022.
Sound Financial Bancorp sets annual meeting for May 31, 2022; record date March 31
Annual meeting of shareholders scheduled for Tuesday, May 31, 2022.
Sound Financial Q4 EPS $0.70 vs $1.34 YoY; NPAs rise 67% sequentially
Net income $1.9M ($0.70 diluted) vs $2.6M ($0.98) in Q3 2021 and $3.5M ($1.34) in Q4 2020.
Sound Financial Bancorp declares regular $0.17/share and special $0.10/share dividend
Regular quarterly cash dividend of $0.17 per share declared.
SFBC authorizes new $2M stock repurchase program effective Oct 29
Board approved repurchase of up to $2M of common stock, effective Oct 29, 2021 through Apr 28, 2022.
Sound Financial Q3 net income $2.6M ($0.98 EPS), up from $2.3M YoY; declares $0.17 dividend
Net income $2.6M ($0.98 diluted EPS) vs $2.3M ($0.90) in Q3 2020, up 15.2% QoQ.
Sound Financial amends bylaws, removes 75-year age limit for director eligibility
Section 12 of Article II deleted; persons 75+ no longer barred from board election or appointment.
Sound Financial Bancorp enters change of control agreement with EVP/CFO Wes Ochs
Agreement provides a lump sum payment of 2x annual base salary upon involuntary termination within 12 months of a change in control.
Sound Financial Bancorp appoints Wes Ochs as CFO, effective August 1, 2021
Wes Ochs, age 42, appointed CFO of Sound Financial Bancorp and Sound Community Bank, effective August 1, 2021.
Sound Financial Bancorp Q2 2021 net income $2.3M ($0.85 EPS); declares $0.17 dividend
Net income $2.3M vs $2.5M in Q1 2021 and $2.1M in Q2 2020; diluted EPS $0.85.
Effective August 1, 2021, the Boards of Directors of Sound Financial Bancorp, Inc. (the “Company”) and Sound Community Bank (the “Bank”), its wholly owned operating subsidiary, appointed Wes Ochs to serve as the Company and the Bank’s Chief Financial Officer (principal financial officer).
Laurie Stewart, who had been serving as the Interim Chief Financial Officer prior to Mr. Ochs’ appointment, will continue to serve as the Company and the Bank’s President and Chief Executive Officer.
Max materiality 0.75 · Median 0.55 · Most common event earnings