FSBW Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $44.33
Market Cap (MRQ) $329M
P/E 10.3
EPS $4.29
Revenue $5M
Div Yield 3.1%
ROE 11.0%
Debt/Equity (MRQ) 1.0
52W Range $37–$46

FSBW Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 1
Ex-date Split Type
July 15, 2021 2-for-1 Forward

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$5M
2017-12-31 → 2023-12-31
EPS$4.29
2016-12-31 → 2025-12-31
Free Cash Flow$52M
2016-12-31 → 2025-12-31
Net margin21.8%
2016-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend FSBW 5Y avg Peer Median Verdict
P/E 10.35Y avg ≈8.8 ≈8.8 11.1 Undervalued
P/S 69.25Y avg ≈74.8 ≈74.8 21.4 Overvalued
P/B (MRQ) 1.05Y avg ≈1.1 ≈1.1 1.2 Undervalued
EV / EBITDA 155.0 · · ·
Price / FCF (TTM) 3.45Y avg ≈3.4 ≈3.4 · ·
Price / Cash Flow (TTM) 2.85Y avg ≈3.0 ≈3.0 8.7 Undervalued
EV / Revenue 90.2 · · ·
EV / FCF 8.4 · · ·
Price / Tangible Book (MRQ) 1.15Y avg ≈1.1 ≈1.1 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield3.1%
Payout Ratio30.8%
Annualized Payout≈$1.16Paid quarterly
5Y Div CAGR≈21.7%Per share, split-adjusted
Growth Streak≈11Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Aug 7, 2026$0.29USD≈2.7%
May 7, 2026$0.29USD≈3.3%
Feb 6, 2026$0.29USD≈3.2%
Nov 6, 2025$0.28USD≈3.5%
Aug 7, 2025$0.50USD≈3.5%
May 8, 2025$0.28USD≈2.7%
Feb 6, 2025$0.28USD≈2.6%
Nov 7, 2024$0.27USD≈2.2%
Aug 7, 2024$0.27USD≈2.6%
May 8, 2024$0.26USD≈3.2%
Feb 7, 2024$0.26USD≈3.0%
Nov 8, 2023$0.25USD≈3.4%
Aug 9, 2023$0.25USD≈3.0%
May 10, 2023$0.25USD≈3.1%
Feb 8, 2023$0.25USD≈2.6%
Nov 8, 2022$0.20USD≈2.9%
Aug 10, 2022$0.20USD≈2.8%
May 11, 2022$0.30USD≈2.7%
Feb 9, 2022$0.20USD≈1.9%
Nov 9, 2021$0.15USD≈1.6%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 0.67%
Next Report Oct 19, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 20, 2026 $1.04 $1.10 -5.8%
March 31, 2026 $1.02 $1.02 0.33%
Dec. 31, 2025 $1.10 $1.15 -4.3%
Sept. 30, 2025 $1.18 $1.10 7.3%
June 30, 2025 $0.99 $0.99 0.41%
March 31, 2025 $1.01 $0.95 6.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 12
Metric Trend 202520242023202220212020201920182017
Revenue ··$5M$3M$3M$3M$3M$2M$4M
SG&A Expense $15M$14M$13M$11M$11M$10M$10M$7M$6M
Interest Expense ··$44M$14M$10M$15M$19M$10M$5M
Interest Income $197M$185M$167M$119M$96M$89M$90M$62M$46M
Pretax Income $41M$42M$45M$37M$47M$50M$28M$29M$21M
Income Tax $8M$7M$9M$7M$10M$11M$5M$4M$6M
Net Income $33M$35M$36M$30M$37M$39M$23M$24M$14M
EPS (Basic) $4.35$4.48$4.63$3.75$4.48$4.58$5.13$6.58$4.55
EPS (Diluted) $4.29$4.36$4.56$3.70$4.37$4.49$5.01$6.29$4.28
Shares (Basic) 7,528,7647,697,8067,656,5267,754,5078,217,9168,461,2804,414,0323,698,6233,094,586
Shares (Diluted) 7,643,4937,893,2467,775,4337,873,6408,418,4968,623,3184,523,0243,869,7893,291,700
EBITDA $3M·$3M$2M$3M$3M$3M$2M$2M
Balance Sheet 19
Metric Trend 202520242023202220212020201920182017
Cash & Equivalents $28M$32M$66M$41M$26M$92M$46M$33M$19M
PP&E (Net) $44M$30M$31M$25M$27M$27M$29M$29M$15M
PP&E (Gross) $69M$57M$58M$50M$49M$47M$45M$43M$28M
Accum. Depreciation $25M$27M$27M$24M$22M$19M$17M$14M$12M
Goodwill $4M$4M$4M$2M$2M$2M$2M$2M$2M
Intangibles $11M$14M$17M$3M$4M$5M$5M$6M$1M
Total Assets $3.20B$3.03B$2.97B$2.63B$2.29B$2.11B$1.71B$1.62B$982M
Short-term Debt $129M$308M$94M$187M·····
Deferred Tax ····$1M$58.0K$2M$361.0K·
Total Liabilities $2.89B$2.73B$2.71B$2.40B$2.04B$1.88B$1.51B$1.44B$860M
Long-term Debt ···$187M$43M$166M$85M··
Total Debt $129M·$94M······
Common Stock $75.0K$78.0K$78.0K$77.0K$82.0K$85.0K$44.0K$45.0K$37.0K
Paid-in Capital $43M$56M$57M$55M··$89M$91M$55M
Retained Earnings $280M$257M$230M$202M$179M$146M$111M$91M$68M
AOCI $-16M$-17M$-23M$-26M$252.0K$3M$788.0K$-1M$-475.0K
Stockholders' Equity $308M$296M$264M$232M$248M$230M$200M$180M$122M
Liabilities + Equity $3.20B$3.03B$2.97B$2.63B$2.29B$2.11B$1.71B$1.62B$982M
Shares Outstanding 7,507,5197,833,0147,800,5457,736,1858,169,8878,475,9124,459,0414,492,4783,680,152
Cash Flow 17
Metric Trend 202520242023202220212020201920182017
D&A $3M$2M$3M$2M$3M$3M$3M$2M$2M
Stock-based Comp $2M$2M$2M$2M$1M·$869.0K$767.0K$634.0K
Deferred Tax $-294.0K$-2M$-693.0K$-844.0K$2M$-2M$988.0K$768.0K$-718.0K
Amort. of Intangibles $3M$4M$3M$691.0K$691.0K$706.0K$760.0K$351.0K$400.0K
Other Non-cash $34M·$38M$154M$67M$-72M$-18M$-5M$-517.0K
Operating Cash Flow $72M$51M$78M$185M$109M$-32M$9M$21M$15M
CapEx $20M$2M$2M$2M$2M$1M$2M$4M$1M
Investing Cash Flow $-206M$-104M$78M$-504M$-311M$-271M$-55M$-187M$-169M
Stock Issued ·······$0$26M
Stock Repurchased $15M$3M$223.0K$16M$14M$10M$5M$251.0K$275.0K
Net Stock Activity $-15M·$-223.0K$-16M$-14M$-10M$-5M$-251.0K$25M
Dividends Paid $10M$8M$8M$7M$5M$4M$3M$2M$1M
Financing Cash Flow $131M$19M$-131M$334M$137M$349M$59M$179M$137M
Net Change in Cash $-3M$-34M$24M$15M$-65M····
Taxes Paid $184.0K$2M$10M$5M$11M····
Free Cash Flow $52M·$76M$183M$107M$-34M$7M$18M$14M
Levered FCF ··$41M$172M$99M$-45M$-9M$9M$11M
Profitability 5
Metric Trend 202520242023202220212020201920182017
Net Margin 21.8%·781.7%930.9%1243.3%1473.3%779.9%753.1%21.6%
Pretax Margin 26.9%·981.6%1161.3%1575.9%1870.5%965.7%883.7%31.5%
EBITDA Margin 1.8%·56.4%78.5%89.7%105.1%96.1%55.7%2.5%
ROA 1.1%·1.3%1.2%1.7%2.1%1.4%1.9%1.6%
ROE 11.0%·14.0%13.1%15.3%17.4%11.5%15.6%11.7%
Liquidity & Solvency 1
Metric Trend 202520242023202220212020201920182017
Debt / Equity 0.4·0.4······
Efficiency 1
Metric Trend 202520242023202220212020201920182017
Asset Turnover 0.0·0.00.00.00.00.00.00.1
Per Share 6
Metric Trend 202520242023202220212020201920182017
Book Value / Share $40.98·$33.91$29.95$30.30$54.27$44.91$40.08$33.15
Revenue / Share $19.98·$0.59$0.40$0.35$0.61$0.64$0.84$19.84
Cash Flow / Share $9.46·$9.99$23.48$12.78$-7.42$2.03$5.54$4.58
Cash / Share $3.76·$8.42$5.36$3.24$21.61$10.27$7.30$5.14
Dividend Paid / Share $1.34$1.06$1.00$0.90$0.56$0.42$0.65$0.53$0.43
EPS (TTM) $4.29$4.36$4.56$3.70$4.37$4.49$5.01$6.29$4.28
Growth Rates 9
Metric Trend 202520242023202220212020201920182017
Revenue YoY ··44.8%5.9%12.9%····
Revenue CAGR 3Y ··20.1%······
EPS YoY -1.6%-4.4%23.2%-15.3%-2.7%····
EPS CAGR 3Y 5.1%-0.08%0.52%······
EPS CAGR 5Y -0.91%········
Net Income YoY -4.8%-2.9%21.6%-20.8%-4.7%····
Net Income CAGR 3Y 4.0%-2.2%-2.8%······
Net Income CAGR 5Y -3.2%········
Dividends Paid CAGR 5Y 23.5%········
Valuation (TTM) 17
Metric Trend 202520242023202220212020201920182017
Revenue TTM $5M$5M$5M$3M$3M$3M$3M$2M$4M
Net Income TTM $33M$35M$36M$30M$37M$39M$23M$24M$14M
Market Cap $309M·$288M$259M$275M$116M$142M$96M$100M
Enterprise Value $410M·$316M······
P/E 9.69.48.19.07.76.16.43.46.4
P/S 64.3·62.581.291.343.648.855.228.3
P/B 1.0·1.11.11.10.50.70.50.8
P / Tangible Book 1.11.21.21.11.10.5···
P / Cash Flow 4.3·3.71.42.5-3.615.54.56.7
P / FCF 6.0·3.81.42.6-3.421.25.57.1
EV / EBITDA 146.5·121.7······
EV / FCF 7.9·4.2······
EV / Revenue 85.3·68.6······
Dividend Yield 3.3%·2.7%2.7%1.7%3.1%2.0%2.0%1.3%
Earnings Yield 10.4%10.6%12.3%11.1%13.0%16.4%15.7%29.3%15.7%
Payout Ratio 30.8%·21.5%23.9%12.3%9.1%12.6%7.9%9.4%
Annual Payout $10M$8M$8M$7M$5M$4M$3M$2M$1M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue · · $5M $3M $3M
Net Income $33M $35M $36M $30M $37M
Diluted EPS $4.29 $4.36 $4.56 $3.70 $4.37

Institutional owners (13F) 115 filers · $181.9M total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 115
Value held $181.9M
New positions 12
Exited positions 5
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
12 (+2 vs prior Q) 5 (+3 vs prior Q) 44 (+19 vs prior Q) 25 (-11 vs prior Q) +98K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $21,212,834 488,775 11.66% Shares
DIMENSIONAL FUND ADVISORS LP $18,299,377 421,646 10.06% Shares
De Lisle Partners LLP $16,955,778 391,651 9.32% Shares
VANGUARD GROUP INC $16,611,642 403,489 9.13% Shares
VANGUARD CAPITAL MANAGEMENT LLC $12,774,833 294,351 7.02% Shares
Pacific Ridge Capital Partners, LLC $8,962,057 206,499 4.93% Shares
GEODE CAPITAL MANAGEMENT, LLC $7,225,183 166,440 3.97% Shares
TCW GROUP INC $6,702,219 154,429 3.68% Shares
STATE STREET CORP $5,557,066 128,043 3.06% Shares
ALLIANCEBERNSTEIN L.P. $5,306,858 137,519 2.92% Shares
RENAISSANCE TECHNOLOGIES LLC $4,926,464 113,513 2.71% Shares
ROYCE & ASSOCIATES LP $4,398,243 101,342 2.42% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $3,808,350 87,750 2.09% Shares
AMERICAN CENTURY COMPANIES INC $3,716,776 85,640 2.04% Shares
NORTHERN TRUST CORP $3,184,519 73,376 1.75% Shares
STILWELL VALUE LLC $3,038,000 70,000 1.67% Shares
Siena Capital Partners GP, LLC $2,275,939 52,441 1.25% Shares
Bank of New York Mellon Corp $2,149,551 49,529 1.18% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $1,896,840 43,706 1.04% Shares
VANGUARD FIDUCIARY TRUST CO $1,810,778 41,723 1.00% Shares
Empowered Funds, LLC $1,792,984 41,313 0.99% Shares
Daytona Street Capital LLC $1,641,640 37,957 0.90% Shares
TWO SIGMA INVESTMENTS, LP $1,618,950 37,303 0.89% Shares
MORGAN STANLEY $1,583,431 36,484 0.87% Shares
Aristides Capital LLC $1,530,458 35,264 0.84% Shares
RAYMOND JAMES FINANCIAL INC $1,362,559 31,395 0.75% Shares
HighTower Advisors, LLC $1,279,606 29,484 0.70% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $1,160,473 26,739 0.64% Shares
GOLDMAN SACHS GROUP INC $1,102,838 25,411 0.61% Shares
Quantinno Capital Management LP $1,084,306 24,984 0.60% Shares
Teton Advisors, LLC $911,400 21,000 0.50% Shares
Connor, Clark & Lunn Investment Management Ltd. $893,389 20,585 0.49% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $828,246 19,084 0.46% Shares
BARCLAYS PLC $827,291 19,062 0.45% Shares
Teton Advisors, Inc. $826,980 21,000 0.45% Shares
AQR CAPITAL MANAGEMENT LLC $822,474 18,951 0.45% Shares
CALDWELL SUTTER CAPITAL, INC. $657,163 15,142 0.36% Shares
TWO SIGMA ADVISERS, LP $646,369 15,700 0.36% Shares
Squarepoint Ops LLC $597,575 13,769 0.33% Shares
UBS Group AG $567,715 13,081 0.31% Shares
Angel Oak Capital Advisors, LLC $564,200 13,000 0.31% Shares
Nuveen, LLC $527,137 12,146 0.29% Shares
Creative Planning $486,123 11,201 0.27% Shares
Trexquant Investment LP $440,423 10,148 0.24% Shares
Clearstead Advisors, LLC $434,000 10,000 0.24% Shares
PANAGORA ASSET MANAGEMENT INC $412,387 9,502 0.23% Shares
Clarius Group, LLC $380,100 10,000 0.21% Shares
BEESE FULMER INVESTMENT MANAGEMENT, INC. $351,800 8,106 0.19% Shares
RHUMBLINE ADVISERS $345,241 7,955 0.19% Shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC $308,661 7,112 0.17% Shares

Show all 115 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
AWH Capital, L.P., AWH Investment Management, LLC, AWH Opportunity Fund I, L.P., Austin W. Hopper ×2 filings Aug. 29, 2018 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 27 insiders · 17 officers · 9 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Matthew D. Mullet President & CEO of the Bank Aug. 14, 2026 F 112,416 0 0 $0
Phillip Dean Whittington Chief Financial Officer Aug. 14, 2026 F 6,631 0 0 $0
Lisa Cleary Chief Operating Officer Nov. 4, 2022 J 29 0 0 $0
Sean Mccormick Chief Credit Admin. Officer Aug. 25, 2026 S 4,913 0 1 $-38,874
Robert A Nesbitt Chief Credit Operations, EVP Aug. 14, 2026 F 6,547 0 0 $0
Ben Crowl Chief Lending Officer/EVP Aug. 14, 2026 F 19,361 0 0 $0
Shana Allen Chief Information Office, EVP Aug. 14, 2026 F 9,042 0 0 $0
Erin Burr CRO & CRA Officer, EVP Aug. 14, 2026 F 32,906 0 0 $0
Kelli Nielsen Chief Retail Banking, EVP Aug. 14, 2026 F 18,284 0 0 $0
Victoria Jarman CHR & WOW! Officer, EVP Aug. 6, 2026 J 1,734 0 0 $0
Donn C Costa Chief Home Lending, EVP May 6, 2026 J 5,089 0 0 $0
Robert B Fuller Retired Chief Credit Officer Aug. 25, 2023 S 0 0 0 $0
FS Bancorp, Inc. Chief Credit Officer Aug. 4, 2023 S 0 0 0 $0
Dennis V O'Leary Chief Lending Officer Aug. 15, 2022 A 46,290 0 0 $0
Debra Lynn Steck Executive VP - Home Lending May 23, 2019 M 4,500 0 0 $0
Drew B. Ness Chief Relationship Officer May 21, 2018 M 5,103 0 0 $0
Steven L. Haynes Chief Lending Officer Aug. 7, 2012 P 12,200 0 0 $0
Terri L Degner Director Aug. 28, 2026 S 1,200 0 3 $-114,544
Pamela Marie Andrews Director Aug. 14, 2026 A 13,199 0 0 $0
Michael J. Mansfield Director Aug. 14, 2026 A 70,882 0 0 $0
Marina Cofer-Wildsmith Director Aug. 14, 2026 F 7,002 0 6 $-355,521
Joseph P. Zavaglia Director Aug. 14, 2026 F 7,468 0 0 $0
Ted A. Leech Director Aug. 14, 2026 A 2,367 0 0 $0
Joseph C. Adams Director Aug. 14, 2026 F 96,276 0 0 $0
Margaret R. Piesik Director Aug. 15, 2024 A 14,918 0 0 $0
Judith A. Cochrane Director May 10, 2018 M 6,312 0 0 $0
Mark Tueffers · June 2, 2022 S 0 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 21 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
IWC · iShares Trust 0.07% 22,866 SH Sept. 11, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.02% 5,691 SH Aug. 19, 2026 Daily
DFSV · Dimensional ETF Trust 0.01% 24,020 NS July 31, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.01% 40,699 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.01% 182,429 SH Sept. 11, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.01% 37,564 SH Aug. 19, 2026 Daily
RSSL · Global X Funds 0.01% 3,097 NS July 31, 2026 N-PORT
OMFS · Invesco Exchange-Traded Self-Indexe… 0.01% 466 SH Oct. 2, 2026 Daily
DFAS · Dimensional ETF Trust 0.01% 24,168 NS July 31, 2026 N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust 0.00% 2,336 SH Oct. 2, 2026 Daily
DFAC · Dimensional ETF Trust 0.00% 13,500 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.00% 420 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.00% 3,329 SH Sept. 3, 2026 Daily
DCOR · Dimensional ETF Trust 0.00% 326 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 1,031 NS July 31, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.00% 417 NS July 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.00% 8 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.00% 72,044 SH Aug. 19, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 214,312 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 451 SH Aug. 19, 2026 Daily
IWN · iShares Trust · 72,434 SH Sept. 11, 2026 Daily

FSBW Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 8 analysts SELL
Median target $45.00 +1.5%
0 0.0% Strong Buy
0 0.0% Buy
5 62.5% Hold
1 12.5% Sell
2 25.0% Strong Sell

12-Month Price Target

2 analysts · 2026-09-29

Mean target $45.00 +1.5%

Low$45.00 Mean$45.00 High$45.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
FSBW $309M 9.6 44.8% 21.8% 11.0% ·
CARE $434M 14.2 4.7% 154.4% 7.6% ·
TSBK $263M 9.1 9.6% 35.3% 11.3% ·
AVBH $291M -11.8 -61.9% -63.2% -8.1% ·
BCML $320M 13.5 3.1% 23.8% 7.1% ·
JMSB · 13.4 17.5% 33.9% 8.2% ·

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25

No open signal right now — no card is filled, and that's honest.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.

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Source: SEC 10-Q filed Aug 10, 2026