FS Bancorp (NASDAQ:FSBW) Releases Earnings Results

FS Bancorp (NASDAQ:FSBW) posted its earnings results on Tuesday. The bank reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.15, Yahoo Finance reports. The business had revenue of $53.01 million during the quarter, compared to analyst estimates of $37.10 million. FS Bancorp had a return on equity of 13.40% and a net margin of 18.05%.

FS Bancorp Stock Up 3.7 %

FSBW stock opened at $44.29 on Wednesday. The company has a market capitalization of $345.28 million, a price-to-earnings ratio of 9.67 and a beta of 0.93. The company has a current ratio of 1.08, a quick ratio of 1.06 and a debt-to-equity ratio of 0.81. FS Bancorp has a 52 week low of $28.07 and a 52 week high of $47.01. The firm’s 50-day moving average is $43.46 and its two-hundred day moving average is $38.02.

Analyst Ratings Changes

A number of research firms have recently issued reports on FSBW. DA Davidson lifted their price objective on shares of FS Bancorp from $34.00 to $44.00 and gave the company a “neutral” rating in a research note on Thursday, July 25th. StockNews.com raised shares of FS Bancorp from a “hold” rating to a “buy” rating in a report on Friday, October 4th.

About FS Bancorp

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.