FSBW · XBRL financial data
FS Bancorp financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (FSBW's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 3 | 3 | 3 | 5 | — | — |
| Selling, general and administrative | 10 | 11 | 11 | 13 | 14 | 15 |
| Interest expense | 15 | 10 | 14 | 44 | — | — |
| Income tax expense (benefit) | 11 | 10 | 7 | 9 | 7 | 8 |
| Net income (loss) | 39 | 37 | 30 | 36 | 35 | 33 |
| Earnings per share, basic‡ USD per share | 4.57 | 4.42 | 3.75 | 4.63 | 4.48 | 4.35 |
| Earnings per share, diluted‡ USD per share | 4.49 | 4.32 | 3.70 | 4.56 | 4.36 | 4.29 |
| Weighted average shares, basic‡ millions of shares | 9 | 8 | 8 | 8 | 8 | 8 |
| Weighted average shares, diluted‡ millions of shares | 9 | 9 | 8 | 8 | 8 | 8 |
- ‡ Per-share figures and share counts are adjusted for the 2-for-1 stock split (July 2021); filings made before it reported them unadjusted.
Balance sheet
CSVFiscal years (FSBW's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 92 | 26 | 41 | 66 | 32 | 28 |
| Property and equipment, net | 27 | 27 | 25 | 31 | 30 | 44 |
| Right-of-use asset | 5 | 5 | 6 | 7 | 5 | 6 |
| Goodwill | 2 | 2 | 2 | 4 | 4 | 4 |
| Total assets | 2,113 | 2,286 | 2,633 | 2,973 | 3,029 | 3,197 |
| Total deposits | 1,674 | 1,916 | 2,128 | 2,522 | 2,339 | 2,674 |
| Total liabilities | 1,883 | 2,039 | 2,401 | 2,708 | 2,733 | 2,889 |
| Retained earnings | 146 | 179 | 202 | 230 | 257 | 280 |
| Total stockholders' equity | 230 | 248 | 232 | 264 | 296 | 308 |
| Total liabilities and equity | 2,113 | 2,286 | 2,633 | 2,973 | 3,029 | 3,197 |
| Common shares outstanding (cover page)‡ millions of shares | 8 | 8 | 8 | 8 | 8 | 8 |
- ‡ Per-share figures and share counts are adjusted for the 2-for-1 stock split (July 2021); filings made before it reported them unadjusted.
Cash flows
CSVFiscal years (FSBW's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 39 | 37 | 30 | 36 | 35 | 33 |
| Stock-based compensation | — | 1 | 2 | 2 | 2 | 2 |
| Depreciation and amortization | 3 | 3 | 3 | 3 | 3 | 3 |
| Net cash from operating activities | (32) | 109 | 185 | 78 | 51 | 72 |
| Purchases of property and equipment | 1 | 2 | 2 | 2 | 2 | 20 |
| Net cash from investing activities | (271) | (311) | (504) | 78 | (104) | (206) |
| Share repurchases | 10 | 14 | 16 | 0 | 3 | 15 |
| Dividends paid | 4 | 5 | 7 | 8 | 8 | 10 |
| Net cash from financing activities | 349 | 137 | 334 | (131) | 19 | 131 |
| Net change in cash | — | (65) | 15 | 24 | (34) | (3) |
Compare with peers
SIC 6036 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6036 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| FS Bancorp | 30 | not reported | 52* | 7.4M | 10-QJun 30, 2026 |
| Waterstone Financial | 33 | not reported | 9.5* | 18.0M | 10-QJun 30, 2026 |
| Timberland Bancorp | 246 | not reported | 8.4* | 7.8M | 10-QJun 30, 2026 |
| NorthEast Community Bancorp | 73 | not reported | 13* | 13.8M | 10-QJun 30, 2026 |
| FB Bancorp | 45 | not reported | 15* | 15.9M | 10-QJun 30, 2026 |
| Ponce Financial Group | 140 | not reported | 8* | 24.2M | 10-QJun 30, 2026 |
| Farmers & Merchants Bancorp | 205 | not reported | 15* | 13.8M | 10-QSep 30, 2026 |
| Western New England Bancorp | 38 | not reported | 6.6* | 20.0M | 10-QJun 30, 2026 |
| Home Bancorp | 188 | not reported | 11* | 7.9M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.