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FS Bancorp (FSBW) Company Profile

Updated May 14, 2020
FS Bancorp has the following business profile:
Company's Full Name:FS Bancorp, Inc.
Short Name:FS Bancorp
Trading Ticker Symbol:FSBW
Primary Exchange:NASDAQ
Headquarter City/Country:Washington, WA
Primary Industry Sector:Finance
Seconday Sub-sector:Banks
Main Business Areas: Finance, Banks, Financial Services, Regional US Banks, Bank
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding FS Bancorp stock

Market and Trading Information for FS Bancorp

The following details were available for trading and market data about the stock of FS Bancorp as of writing:
Current Share Price:$35.85
Previous Year's Closing Price:$63.79
Percentage Price Change (YTD):-43.8%
Market Cap:$153.49 million
52-week Price Range:$27.5 - $64.41
Dividend Per Share:$0.71
Price-Earnings (Trailing):7.17
Price-Earnings (Forward):9.56

Company Profile and Business Description for FS Bancorp

FS Bancorp, Inc., incorporated on October 16, 2011, is a holding company for 1st Security Bank of Washington (the Bank). The Company is a diversified lender with a focus on the origination of indirect home improvement loans, also referred to as fixture secured loans, commercial real estate mortgage loans, home loans, commercial business loans and second mortgage and home equity loan products. The Company operates through the community banking segment. The Bank is a relationship-driven community bank. The Bank offers banking and financial services to local families, local and regional businesses and various industries within distinct Puget Sound area communities.

Lending Activities

The Company's lending focus includes non-mortgage commercial business loans, as well as commercial real estate loans, which include construction and development loans. Its loan portfolio consists of real estate loans, consumer loans and commercial business loans. It offers a range of commercial real estate loans, which are secured by income producing properties, including retail centers, warehouses and office buildings located in the market areas. Its residential commercial construction lending program focuses on the origination of loans for the purpose of constructing, on both a pre-sold and speculative basis, and selling one- to four-family residences within the market area. It originates loans secured by first mortgages on one- to four-family residences in the market area. The Company originates one- to four-family residential mortgage loans through referrals from real estate agents, financial planners, builders and from existing customers. It also offers consumer marine loans secured by boats. The Company originates other consumer loans, which include personal lines of credit, automobile, direct home improvement, loans on deposit and recreational loans. The Company originates commercial business loans and lines of credit to local small- and mid-sized businesses in the Puget Sound market area that are secured by accounts receivable, inventory or property, plant and equipment. It originates both fixed-rate and adjustable-rate loans. The Company's total net loans are approximately $502.5 million.

Investment Activities

The Company's available-for-sale securities include the United States agency securities, municipal bonds, corporate securities, the United States small business administration securities and mortgage-backed securities. The Company's total available-for-sale securities are approximately $55.2 million.

Sources of Funds

The Company's sources of funds for lending and other investment purposes include deposits, borrowings and loan repayments. The Company uses various borrowings, such as advances and warehouse lines of credit from the Federal Home Loan Bank (FHLB) of Des Moines, and to a lesser extent federal funds purchased to supplement the supply of lendable funds, to meet short-term deposit withdrawal requirements and also to provide longer term funding to match the duration of selected loan and investment maturities. The Company offers a range of deposit instruments, including checking accounts, money market deposit accounts, savings accounts and certificates of deposit. The Company's total deposits are approximately $485.17 million.

The Company competes with Wells Fargo, Bank of America and Chase.

6920 220th St SW Ste 300

ETFs Holding FS Bancorp Stock

As of March 2020, the following exchange-traded funds (ETF) hold the FS Bancorp stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have FS Bancorp stock holding. There are a total of 28 ETFs in records which are holding FS Bancorp stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
No. of
ITOTiShares Core S&P Total US Stock Market ETFThe iShares Core S&P Total U.S. Stock Market ETF tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ...Full Details0.03%3090
Full List
IWViShares Russell 3000 ETFThe iShares Russell 3000 ETF tracks a cap-weighted index that measures the investable US equities market, covering the entire market-cap spectrum, including micro-caps. ...Full Details0.2%3002
Full List
VTHRVanguard Russell 3000 ETFThe Vanguard Russell 3000 ETF tracks a cap-weighted index that measures the investable US equities market, covering the entire market-cap spectrum including micro-caps. ...Full Details0.15%1581
Full List
VTIVanguard Total Stock Market ETFThe Vanguard Total Stock Market ETF tracks a cap-weighted index that measures the investable US equities market, encompassing the entire market-cap spectrum. ...Full Details ...Candlestick Patterns.0.04%1515
Full List
BUYUSCF SummerHaven SHPEI Index FundThe USCF SummerHaven SHPEI Index Fund tracks an equal-weighted index of roughly 200 micro-, small-, and midcap US stocks that exhibit similar return characteristics to those companies held by private equity firms. ...Full Details0.95%297
Full List
EESWisdomTree US SmallCap Earnings ETFThe WisdomTree U.S. SmallCap Earnings Fund tracks an index of US small-cap stocks weighted by firms' earnings from core operations. The index is a small-cap subset of the WisdomTree Earnings Index. ...Full Details0.38%815
Full List
FDMFirst Trust Dow Jones Select MicroCap Index FundThe First Trust Dow Jones Select Micro Cap ETF tracks an index of U.S.-listed stocks in the bottom two market-cap deciles. Only stocks that meet fundamental and liquidity thresholds are included in the index. ...Full Details0.6%244
Full List
IWCiShares Microcap ETFThe iShares Microcap ETF tracks a market-cap-weighted index of U.S. micro-cap stocks. The index selects the smallest 1000 stocks in the Russell 2000 Index. ...Full Details0.6%1452
Full List
SQLVLegg Mason Small-Cap Quality Value ETFThe Legg Mason Small-Cap Quality Value ETF tracks an index of multi-factor selected, fundamentally weighted US small-cap stocks. ...Full Details0.6%235
Full List
JSMDJanus Small-Mid Cap Growth Alpha ETFThe Janus Henderson Small/Mid CapGrowth Alpha ETF tracks an index of US small- and midcap stocks with strong fundamental measures of growth, profitability and capital efficiency. Holdings are market cap-weighted within sectors; sectors are weighted to align with the actively-managed Janus Triton Fund. ...Full Details0.5%258
Full List

See Full List of ETFs holding FS Bancorp stock in their respective portfolios.

Peer / Competitor Companies of Banks Sector

Along with FS Bancorp, Inc., the following other peer (competitor) companies also exist within the same Banks - Finance sector whose company profile and dividend history is as follows:

▶ Bay Banks of Virginia (BAYK): Bay Banks of Virginia, Inc., through its subsidiaries, provides various banking products and services to businesses, professionals, and consumers in Virginia. The company accepts checking accounts, savings acco....See Detailed Company Profile,  Dividend History

▶ Berkshire Hills Bancorp (BHLB): Berkshire Hills Bancorp, Inc. (Berkshire) is a holding company for Berkshire Bank (the Bank) and Berkshire Insurance Group. Berkshire offers a range of deposit, lending, insurance and wealth management products ....See Detailed Company Profile,  Dividend History

▶ Entegra Financial (ENFC): Entegra Financial Corp., incorporated on May 31, 2011, is the holding company for Entegra Bank. The Company provides a range of financial services through full-service offices located in Cherokee, Henderson, ....See Detailed Company Profile,  Dividend History

▶ ESSA Bancorp (ESSA): ESSA Bancorp, Inc. operates as the holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savin....See Detailed Company Profile,  Dividend History

▶ First Connecticut Bancorp (FBNK): First Connecticut Bancorp, Inc. (FCB), incorporated on January 27, 2011, is a stock holding company. The Company operates through its subsidiary, Farmington Bank (the Bank), which is a full-service community ....See Detailed Company Profile,  Dividend History

▶ First Northwest Bancorp (FNWB): First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, busines....See Detailed Company Profile,  Dividend History

▶ Greene County Bancorp (GCBC): Greene County Bancorp, Inc. operates as a holding company for The Bank of Greene County that provides various financial services. Its deposit products include savings, NOW accounts, money market accou....See Detailed Company Profile,  Dividend History

▶ Heritage Financial (HFWA): Heritage Financial Corporation, incorporated on August 28, 1997, is a bank holding company. The Company is engaged in the business of planning, directing and coordinating the business activities of its ....See Detailed Company Profile,  Dividend History

▶ Home Bancorp (HBCP): Home Bancorp, Inc. operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest....See Detailed Company Profile,  Dividend History

▶ Malvern Bancorp (MLVF): Malvern Bancorp, Inc. operates as the bank holding company for Malvern Bank that provides various banking products and services to consumer and business customers in Pennsylvania. The company accepts ....See Detailed Company Profile,  Dividend History

▶ New York Community Bancorp (NYCB): New York Community Bancorp, Inc. operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey....See Detailed Company Profile,  Dividend History

▶ Prudential Bancorp (PBIP): Prudential Bancorp, Inc., incorporated on June 6, 2013, is a holding company for Prudential Savings Bank (the Bank). The Bank is a Pennsylvania-chartered, Federal Deposit Insurance Corporation (FDIC)-insured savings bank. ....See Detailed Company Profile,  Dividend History

▶ Southern Missouri Bancorp (SMBC): Southern Missouri Bancorp, Inc., incorporated on September 16, 1998, is the holding company for Southern Bank (the Bank). The principal business of the Bank consists primarily of attracting retail deposits ....See Detailed Company Profile,  Dividend History

▶ Timberland Bancorp (TSBK): Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various banking services in Washington. It offers various deposit products, including money market depos....See Detailed Company Profile,  Dividend History

▶ United Community Financial (UCFC): United Community Financial Corp., incorporated on February 2, 1998, is financial services holding company. The Companys subsidiaries include The Home Savings and Loan Company of Youngstown, Ohio (Home Savings or ....See Detailed Company Profile,  Dividend History

▶ Wellesley Bancorp (WEBK): Wellesley Bancorp, Inc., incorporated on October 1, 2011, is the holding company for Wellesley Bank (the Bank). The Bank operates as a community-oriented financial institution offering traditional financial services to ....See Detailed Company Profile,  Dividend History

▶ WVS Financial (WVFC): WVS Financial Corp., incorporated on July 30, 1993, is a bank holding company of West View Savings Bank. West View Savings Bank is a Pennsylvania-chartered, Federal Deposit Insurance Corporation (FDIC)-insured ....See Detailed Company Profile,  Dividend History

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