FS Bancorp, Inc. Reports Third Quarter Net Income of $9.2 Million or $1.18 Per Diluted Share and Declares 51st Consecutive Quarterly Cash Dividend

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

Apollo Global Management is investing in AI hardware startups like SiFive and Hadrian, aiming to capitalize on the AI boom and infrastructure demand. The firm plans equity and debt financing, with Reed Rayman leading chip-focused efforts. Hadrian raised $1.37B in Series D, and Nvidia partnered with Apollo for a $500B AI infrastructure fund.

The US approved a potential $24.3B sale of 48 Lockheed Martin F-35 fighter jets to Saudi Arabia, including engines and support equipment. The sale, a policy shift, may alter Middle East military balance and test US commitment to Israel's military edge. Saudi Arabia has long sought the advanced jets to modernize its air force and counter regional threats, particularly from Iran.

The US State Department approved a potential $24.3B sale of 48 F-35A fighters and 49 engines to Saudi Arabia, including support equipment and training. Lockheed Martin, the manufacturer, and RTX subsidiary Pratt & Whitney are involved. The deal requires congressional review and could face opposition due to security concerns. If finalized, it would make Saudi Arabia the 20th operator of the F-35.

L3Harris Technologies (LHX) secured a $60M contract from the U.S. Air Force for C-HOBS sensors. The order supports production at its Cincinnati facility and adds to the company's record backlog of $42B. LHX's Missile Solutions division, which includes this contract, saw Q2 revenue increase 14% YoY to $1.05B. The stock has fallen 19% since July, with hedge fund ownership dropping 5% in Q2.

The Department of War allocated over $25 million to enhance counter-unmanned aircraft systems (C-UAS) for U.S. Southern Command. The funds will support interceptors, electronic warfare, and tracking capabilities. Army Brig. Gen. Matt Ross noted the task force is accelerating C-UAS deployment. Previous awards include $13 million for U.S. Central Command and $500 million contracts for Perennial Autonomy and CACI.