FY2025 EPS Estimates for FS Bancorp Raised by DA Davidson

FS Bancorp, Inc. (NASDAQ:FSBW) – Equities researchers at DA Davidson increased their FY2025 earnings estimates for shares of FS Bancorp in a report issued on Thursday, January 23rd. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings of $4.40 per share for the year, up from their previous forecast of $4.25. The consensus estimate for FS Bancorp’s current full-year earnings is $4.45 per share.

FS Bancorp (NASDAQ:FSBW) last posted its earnings results on Tuesday, January 21st. The bank reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.12). FS Bancorp had a return on equity of 12.35% and a net margin of 16.97%.

Separately, StockNews.com lowered shares of FS Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd.

FS Bancorp Stock Down 2.3 %

Shares of FSBW opened at $40.16 on Monday. The business’s 50 day simple moving average is $43.07 and its 200-day simple moving average is $43.33. FS Bancorp has a 1 year low of $30.64 and a 1 year high of $49.15. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.06 and a quick ratio of 1.04. The stock has a market capitalization of $314.05 million, a price-to-earnings ratio of 9.13 and a beta of 0.96.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. De Lisle Partners LLP raised its stake in shares of FS Bancorp by 34.0% during the third quarter. De Lisle Partners LLP now owns 358,765 shares of the bank’s stock valued at $15,982,000 after acquiring an additional 91,123 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in FS Bancorp by 216.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 18,027 shares of the bank’s stock worth $802,000 after acquiring an additional 12,322 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of FS Bancorp by 92.6% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 14,191 shares of the bank’s stock valued at $631,000 after purchasing an additional 6,823 shares in the last quarter. Barclays PLC lifted its position in shares of FS Bancorp by 30.0% in the 3rd quarter. Barclays PLC now owns 27,418 shares of the bank’s stock worth $1,220,000 after purchasing an additional 6,331 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in FS Bancorp by 22.7% during the third quarter. Assenagon Asset Management S.A. now owns 30,292 shares of the bank’s stock valued at $1,348,000 after buying an additional 5,614 shares during the period. Institutional investors own 63.88% of the company’s stock.

FS Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.79%. This is a positive change from FS Bancorp’s previous quarterly dividend of $0.27. The ex-dividend date is Thursday, February 6th. FS Bancorp’s dividend payout ratio (DPR) is presently 24.55%.

About FS Bancorp

FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit.