FSBW Add to watchlist
$40.09 0.33 (-0.82%)
After Hours: $40.09 +0.00 (+0.00%)
Last updated: Apr 15, 2026 22:56
52-Week Range
$40.09
$36.66 $40.09 $44.22

Fundamentals Overview

FS Bancorp, Inc. is in the middle of its 52-week range with low valuation, trading relatively flat today.

Valuation low

P/E 9.2 P/B 0.98 P/S 1.38

Intrinsic value (DCF)

+50.2% upside vs price

Profitability

Net margin 15.3%

Risk (Beta)

0.67 — lower vol

Earnings & growth

EPS $4.36 Rev +2.4% Profit -8.2% vs prior qtr

BullzEye Analysis

Our composite tilts Hold on technicals (e.g. RSI, ADX, trend), fundamentals, sentiment, sector and index context, and risk.

Composite Signal

Sell
Buy
Hold — 64% confidence Risk: Lower Volatility — Beta 0.67. Diversify and only invest what you can afford to lose.

Supporting (Buy):

DCF +50.2% upside vs price · Analyst grade: A

Pressures (Sell):

Sentiment weakening (4 downgrades)

Not financial advice. For education and research only; do your own research and consider a financial advisor before investing.

Key Stats

Market Cap
$300.74M
P/E (TTM)
9.2
EPS (TTM)
$4.36
Dividend Yield
3.37%
52-Week Range
$36.66 - $44.22
Volume vs Avg
N/A
Beta
0.67

About

FS Bancorp, Inc. operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit. The company provides one-to-four-family residential first mor...
Sector: Financial Services
Headquarters: US
Employees: 567
IPO Date: Jul 2012
Website: www.fsbwa.com
Beta: 0.67 (Less volatile than market)

Ratings & Grades at a Glance

Overall rating: A. Recent institutional grades: majority downgrades. Current institutional positions: Market Perform: 4, Neutral: 5, Outperform: 15.

Financial story & AI narrative

Open this tab to load the financial story.

Valuation & Ratios

Valuation, liquidity, and profitability metrics are consolidated here (including ratios that previously appeared in the Financials story). Trailing (TTM) vs forward-looking (e.g. DCF) is noted on each line where it matters.

DCF vs price: DCF estimate is $60.22; current price is $40.09. That’s a +50.2% gap. When the gap is large (e.g. >20%), that’s divergence; when they’re close, that’s convergence. Differences can reflect growth expectations, sector premiums, or conservative vs. optimistic assumptions. Use DCF as one input alongside technicals and sentiment.

Metric Value
Valuation
P/E (TTM) 9.2
DCF value (model) $60.22 (50.2% upside)
PEG (TTM) N/A
P/B (TTM) 0.98
P/S (TTM) 1.38
P/FCF (TTM) 5.79
Liquidity & enterprise
Current Ratio (TTM) 0.12
Quick Ratio (TTM) 0.12
Cash Ratio (TTM) 0
Profitability
ROE (TTM) N/A
ROA (TTM) N/A
Revenue growth (YoY) N/A
Net margin (TTM) 15.33%
Gross margin (TTM) 66.55%
Operating margin (TTM) 20.57%
Debt to equity (TTM) N/A

Latest News

News loads when you open this tab.

Price Target, Ratings & Grades

Analyst price targets, consensus, rating snapshot, and institutional grades for FSBW.

Analyst Sentiment at a Glance

A Sentiment Weakening
Market Perform 4Neutral 5Outperform 15
2 upgrades, 4 downgrades
Consensus Target
$45.00
High Target
$45.00
Low Target
$45.00
Median Target
$45.00

Stock Grades (Institutions)

Institution Action Previous Grade New Grade Date
DA Davidson maintain Neutral Neutral 2026-02-27
DA Davidson maintain Neutral Neutral 2026-01-26
DA Davidson maintain Neutral Neutral 2025-07-24
DA Davidson maintain Neutral Neutral 2024-07-25
Raymond James downgrade Outperform Market Perform 2022-07-07
Raymond James downgrade Outperform Market Perform 2022-07-06
Raymond James maintain Outperform Outperform 2021-06-11
Raymond James maintain Outperform Outperform 2021-06-10
Raymond James maintain Outperform Outperform 2021-04-27
Raymond James maintain Outperform Outperform 2021-04-26
Raymond James maintain Outperform Outperform 2021-02-26
Raymond James maintain Outperform Outperform 2021-02-25
Raymond James maintain Outperform Outperform 2021-02-01
Raymond James maintain Outperform Outperform 2021-01-31
Raymond James maintain Outperform Outperform 2020-10-27
Raymond James maintain Outperform Outperform 2020-10-26
Raymond James upgrade Market Perform Outperform 2020-06-17
Raymond James upgrade Market Perform Outperform 2020-06-16
Raymond James downgrade Outperform Market Perform 2020-01-07
Raymond James downgrade Outperform Market Perform 2020-01-06
Raymond James maintain Outperform Outperform 2018-11-15
Raymond James maintain Outperform Outperform 2018-11-14
DA Davidson maintain Neutral Neutral 2017-09-13
Raymond James maintain Outperform Outperform 2017-04-19