FS Bancorp (NASDAQ:FSBW) Posts Quarterly Earnings Results, Misses Estimates By $0.12 EPS

FS Bancorp (NASDAQ:FSBW) released its earnings results on Tuesday. The bank reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.12), Zacks reports. FS Bancorp had a return on equity of 12.35% and a net margin of 16.97%.

FS Bancorp Stock Down 4.7 %

NASDAQ FSBW opened at $39.97 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.74. FS Bancorp has a 52 week low of $30.64 and a 52 week high of $49.15. The firm has a market capitalization of $312.57 million, a price-to-earnings ratio of 9.08 and a beta of 0.96. The company has a fifty day moving average of $43.51 and a two-hundred day moving average of $43.13.

FS Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Thursday, February 6th will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from FS Bancorp’s previous quarterly dividend of $0.27. FS Bancorp’s dividend payout ratio is presently 24.55%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded FS Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, October 23rd.

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.