FS Bancorp Q3 net income falls 11%

FS Bancorp

21/10/2025 21:40

Overview

FS Bancorp Q3 net income falls to $9.2 mln from $10.3 mln a year ago

Total deposits rose 5.2% qtr/qtr to $2.69 bln, driven by brokered CDs

Company repurchased 134,413 shares at $41.15 each in Q3 2025

Outlook

FS Bancorp did not provide specific financial guidance for future quarters in the press release

Result Drivers

NET INTEREST MARGIN - Co maintained strong net interest margins through higher yields on earning assets

DEPOSIT GROWTH - Total deposits rose 5.2% qtr/qtr to $2.69 bln, driven by an increase in brokered CDs

BORROWINGS REDUCTION - Borrowings decreased 44.8% qtr/qtr, aiding interest expense management

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$1.18
Q3 Net Income
$9.20 mln
Q3 Net Interest Income
$33.70 mln
Q3 Dividend
$0.28
Q3 Net Interest Margin
4.37%


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 $45.50, about 14.7% above its October 20 closing price of $38.79

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

Press Release: ID:nGNX4783Yf

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(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.)