FS Bancorp, Inc. (FSBW): Results of Operations and Financial Condition
FS Bancorp, Inc. (FSBW) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ex_963242.htm EXHIBIT 99.1 ex_963242.htm Exhibit 99.1 FS Bancorp, Inc. Reports Second Quarter Net Income of $7.9 Million or $1.04 Per Diluted Share and Declares 54th Consecutive Quarterly Cash Dividend MOUNTLAKE TERRACE, WA – July 21, 2026 – FS Bancorp, Inc. (NASDAQ: FS
How this was made
The 30-second read
Why it matters
Traders can update near-term expectations using the reported EPS/net income, deposit and funding-cost changes, and regulatory capital ratios, plus the concrete dividend payment and record dates.
Market read
Fresh quarterly earnings, dividend timing, deposit trend, deposit cost, and capital ratios provide actionable inputs for valuation and positioning.
What to watch
The filing highlights regulatory capital ratios and funding strategy, but it does not quantify credit quality metrics beyond provision for credit losses, which may be what traders focus on next.
Background
This is an SEC 8-K (Item 2.02) with Exhibit 99.1 reporting FS Bancorp’s second-quarter 2026 results and financial condition, including dividend approval and merger-integration commentary.
Ticker impact
FS Bancorp reported Q2 2026 net income of $7.9M ($1.04 diluted EPS), plus a 54th consecutive cash dividend of $0.29 per share.
Likely modest positive bias if investors view deposit outflows and capital ratios as manageable; dividend confirmation supports downside.
The filing provides fresh, specific datapoints (income, EPS, dividend timing, deposits, deposit cost, and regulatory capital ratios) that can be used to update short-term valuation and expectations.
Market effects
Regional bank investors may read the deposit-cost shift (brokered deposits to borrowings) as a funding-cost management signal.
Limited to the bank’s footprint, but deposit trends can influence sentiment toward similar community/regional lenders.
Low; this is a single-bank earnings and capital-return update.
Counterpoint
Deposit balances fell sharply (down $188.7M, 7.2% QoQ), which could outweigh the modest EPS improvement for some investors.
Key entities
- issuerFS Bancorp, Inc.
Holding company for 1st Security Bank of Washington; reported Q2 2026 results and declared a quarterly cash dividend.
- subsidiary_bank1st Security Bank of Washington
Bank entity referenced for regulatory capital ratios and funding/liquidity context.
- merger_counterpartyPacific West Bank
Named as the proposed merger target referenced in CEO commentary about integration progress.
