FS Bancorp Q2 net income falls nearly 4%

FS Bancorp

22/07/2025 21:49

Overview

FS Bancorp Q2 net income falls to $7.7 mln, EPS at $0.99

Total deposits decrease 2.4% qtr/qtr, borrowings rise 240.5%

Co announces special dividend of $0.22 per share

Result Drivers

LOAN DEMAND - Balance sheet growth driven by solid loan demand, per CFO Phillip Whittington

DEPOSIT DECREASE - Total deposits decreased primarily due to a reduction in brokered deposits

BORROWINGS INCREASE - Borrowings rose significantly, contributing to asset growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.99
Q2 Net Income
$7.70 mln
Q2 Net Interest Income
$32.10 mln
Q2 Dividend
$0.28
Q2 Net Interest Margin
4.3%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for FS Bancorp Inc is $43.50, about 4.2% above its July 21 closing price of $41.67

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX7Kc4nJ

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)