FSBW

FS Bancorp

Financial Services Banks - Regional NASDAQ

About the company

FS Bancorp Inc is a prominent holding company that operates multiple financial institutions, including 1st Security Bank, a well-known diversified lender. With its primary focus on commercial real estate, one-to-four-family, and home equity loans, 1st Security Bank is committed to serving both individual and business borrowers. The commercial and consumer banking segment of FS Bancorp Inc offers a wide range of financial products and services. These include traditional banking services such as checking and savings accounts, as well as commercial loans to support businesses in various industries. The bank serves its customers through a network of physical branches, automated teller machines (ATMs), and innovative digital platforms. These digital platforms include online banking, mobile banking apps, and telephone banking, ensuring that customers have convenient access to their accounts and financial transactions. Additionally, FS Bancorp Inc has a dedicated home lending segment, which specializes in originating one-to-four-family residential mortgage loans. These mortgage loans are designed to meet the diverse needs of homebuyers and homeowners. The loans are either sold in the secondary markets or held for investment purposes. This segment focuses on providing competitive interest rates, flexible terms, and exceptional customer service to help individuals achieve their dreams of homeownership. 1st Security Bank stands out in the lending industry due to its commitment to responsible lending practices. The bank thoroughly evaluates the creditworthiness of potential borrowers and implements strict underwriting guidelines. This ensures that the loan portfolio maintains a healthy risk profile while providing customers with tailored financial solutions. The bank also offers indirect home improvement loans, specifically fixture secured loans. These loans provide homeowners with the means to finance various home improvement projects, including renovations, repairs, or additions. By leveraging the equity in their homes, customers can achieve their desired upgrades and increase the value of their properties. In addition to its diverse lending activities, FS Bancorp Inc understands the importance of community involvement and giving back. The company actively supports local initiatives and organizations that enhance the well-being and growth of the communities it serves. Through charitable donations, volunteer programs, and community sponsorships, FS Bancorp Inc demonstrates its commitment to being a socially responsible corporate citizen. With a strong emphasis on customer satisfaction, innovation, and community engagement, FS Bancorp Inc continues to thrive in the financial industry. Its subsidiary, 1st Security Bank, remains dedicated to providing exceptional financial products and services to its customers, empowering them to achieve their financial goals and secure a brighter future.

Website: https://www.fsbwa.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Financial Services · 1543 peers in sector

Metric FSBW Sector median Vs. industry
P/E 9.47 13.87 ↓ Below average
EPS 4.30 USD 0.45 USD ↑ Above average
Dividend yield 2.78% 0.00% ↑ Above average
Profit margin 23.02% 0.00% ↑ Above average
ROE 10.82% 0.98% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is FS Bancorp?
FS Bancorp Inc is a prominent holding company that operates multiple financial institutions, including 1st Security Bank, a well-known diversified lender. With its primary focus on commercial real estate, one-to-four-family, and home equity loans, 1st Security Bank is committed to serving both individual and business borrowers. The commercial and consumer banking segment of FS Bancorp Inc offers a wide range of financial products and services. These include traditional banking services such as checking and savings accounts, as well as commercial loans to support businesses in various industries. The bank serves its customers through a network of physical branches, automated teller machines (ATMs), and innovative digital platforms. These digital platforms include online banking, mobile banking apps, and telephone banking, ensuring that customers have convenient access to their accounts and financial transactions. Additionally, FS Bancorp Inc has a dedicated home lending segment, which specializes in originating one-to-four-family residential mortgage loans. These mortgage loans are designed to meet the diverse needs of homebuyers and homeowners. The loans are either sold in the secondary markets or held for investment purposes. This segment focuses on providing competitive interest rates, flexible terms, and exceptional customer service to help individuals achieve their dreams of homeownership. 1st Security Bank stands out in the lending industry due to its commitment to responsible lending practices. The bank thoroughly evaluates the creditworthiness of potential borrowers and implements strict underwriting guidelines. This ensures that the loan portfolio maintains a healthy risk profile while providing customers with tailored financial solutions. The bank also offers indirect home improvement loans, specifically fixture secured loans. These loans provide homeowners with the means to finance various home improvement projects, including renovations, repairs, or additions. By leveraging the equity in their homes, customers can achieve their desired upgrades and increase the value of their properties. In addition to its diverse lending activities, FS Bancorp Inc understands the importance of community involvement and giving back. The company actively supports local initiatives and organizations that enhance the well-being and growth of the communities it serves. Through charitable donations, volunteer programs, and community sponsorships, FS Bancorp Inc demonstrates its commitment to being a socially responsible corporate citizen. With a strong emphasis on customer satisfaction, innovation, and community engagement, FS Bancorp Inc continues to thrive in the financial industry. Its subsidiary, 1st Security Bank, remains dedicated to providing exceptional financial products and services to its customers, empowering them to achieve their financial goals and secure a brighter future.
Are FS Bancorp shares expensive?
The price-to-earnings (P/E) ratio of FS Bancorp is 9.47 — the share price is 9.47 times the annual profit per share. That is lower than the typical company in the same industry (industry median: 13.87). This is information, not a recommendation. (as of 2026-06-02)
How big is FS Bancorp?
The market capitalization of FS Bancorp — the combined value of all its shares — is 301.9 M USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does FS Bancorp pay dividends?
The dividend yield of FS Bancorp is 2.78% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does FS Bancorp belong to?
FS Bancorp operates in the Financial Services sector, industry: Banks - Regional.

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