FS Bancorp (NASDAQ:FSBW – Get Free Report) posted its quarterly earnings results on Tuesday. The bank reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.10, Zacks reports. The company had revenue of $51.81 million for the quarter, compared to the consensus estimate of $35.40 million. FS Bancorp had a return on equity of 13.65% and a net margin of 18.05%.
FS Bancorp Stock Performance
NASDAQ:FSBW traded up $0.26 during mid-day trading on Thursday, reaching $43.17. The company’s stock had a trading volume of 1,949 shares, compared to its average volume of 13,748. The firm’s fifty day moving average price is $34.80 and its two-hundred day moving average price is $33.98. The company has a current ratio of 1.03, a quick ratio of 1.01 and a debt-to-equity ratio of 0.65. The stock has a market cap of $336.73 million, a P/E ratio of 9.37 and a beta of 0.94. FS Bancorp has a 12-month low of $28.07 and a 12-month high of $43.50.
FS Bancorp Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 21st. Stockholders of record on Wednesday, August 7th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, August 7th. This represents a $1.08 annualized dividend and a dividend yield of 2.50%. This is a boost from FS Bancorp’s previous quarterly dividend of $0.26. FS Bancorp’s payout ratio is currently 22.71%.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on FS Bancorp
FS Bancorp Company Profile
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.
Featured Stories
- Five stocks we like better than FS Bancorp
- The How And Why of Investing in Oil Stocks
- Qualcomm Stock Could Be On The Verge of an Impressive Rally
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Conviction Firms For Chipotle Stock’s 25% Share Price Increase
- High Flyers: 3 Natural Gas Stocks for March 2022
- Beauty Retailer Stock Brings Early Christmas for Value Investors
Receive News & Ratings for FS Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FS Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.