Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
FSBW
HoldUnloved QualityFS Bancorp, Inc. · Financial Services · United States · $302M · Avg Vol: $895K/d
COMPANY DESCRIPTION
FS Bancorp, Inc. is the holding company for 1st Security Bank of Washington, a community bank providing traditional financial services to individuals and businesses across the Puget Sound region. Its competitive moat is built on strong local market penetration, personalized customer service, and deep community ties, fostering client loyalty against larger institutions. The bank specializes in residential construction lending and other niche segments, serving as a vital financial partner in its operating areas.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 121.4M | 119.7M | 141.4M | 142.0M | 149.8M | 5.4% | 144.9M | 156.4M | 169.3M | 6.3% |
| EPS | 4.42 | 3.75 | 4.63 | 4.48 | 4.35 | -0.4% | 4.37 | 5.01 | 5.39 | 11.3% |
| Shares | 8.2M | 7.7M | 7.8M | 7.8M | 7.5M | -8.1% | 7.9M | — | — | — |
| Debt | 96.7M | 242.5M | 60.3M | 355.0M | 184.9M | 17.6% | 381.0M | — | — | — |
| Equity | 247.5M | 231.7M | 264.5M | 295.8M | 307.7M | 5.6% | — | — | — | — |
| Op CF | 109.0M | 184.9M | 77.7M | 50.8M | 72.3M | -9.8% | 117.7M | — | — | — |
| Inv CF | -310.8M | -504.0M | 77.7M | -104.2M | -206.4M | — | — | — | — | — |
| Fin CF | 136.7M | 334.1M | -131.1M | 19.3M | 130.7M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of FSBW are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| FSBW | FS Bancorp, Inc.(you) | $302M | 61 | Hold |
| JMSB | John Marshall Bancorp, Inc. | $324M | 60 | Hold |
| OVLY | Oak Valley Bancorp | $286M | 60 | Hold |
| COSO | CoastalSouth Bancshares, Inc. | $329M | 61 | Hold |
| USCB | USCB Financial Holdings, Inc. | $414M | 61 | Hold |
| FXNC | First National Corporation | $278M | 55 | Hold |
| FNRN | First Northern Community Bancorp | $281M | 55 | Hold |
| FRBA | First Bank | $443M | 61 | Hold |
| WSBF | Waterstone Financial, Inc. | $379M | 65 | Hold |
| RMBI | Richmond Mutual Bancorporation, Inc. | $255M | 66 | Buy |
Peer medians: ROE 9.5% · P/E 13.1x · Gross margin 100.0%