Financials FS Bancorp, Inc.

Equities

FSBW

US30263Y1047

Banks

Market Closed - Nasdaq 21:00:00 10/05/2024 BST 5-day change 1st Jan Change
32.69 USD -2.13% Intraday chart for FS Bancorp, Inc. -0.34% -11.55%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 280.3 239.3 270.8 253.7 284.4 252 -
Enterprise Value (EV) 1 280.3 239.3 270.8 253.7 284.4 252 252
P/E ratio 12.7 x 6.11 x 7.78 x 9.04 x 8.11 x 7.76 x 7.4 x
Yield 1.11% 1.53% 1.65% 2.54% 2.81% 3.19% 3.27%
Capitalization / Revenue 3 x 1.85 x 2.18 x 2.07 x 1.98 x 1.82 x 1.69 x
EV / Revenue 3 x 1.85 x 2.18 x 2.07 x 1.98 x 1.82 x 1.69 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.39 x 0.99 x 1.09 x 1.1 x 1.08 x 0.85 x 0.78 x
Nbr of stocks (in thousands) 8,787 8,734 8,053 7,586 7,696 7,708 -
Reference price 2 31.90 27.40 33.63 33.44 36.96 32.69 32.69
Announcement Date 28/01/20 28/01/21 27/01/22 25/01/23 24/01/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 93.34 129.5 124.2 122.4 143.8 138.6 149.5
EBITDA - - - - - - -
EBIT 1 - - - 43.2 50.05 41.3 51.2
Operating Margin - - - 35.3% 34.8% 29.81% 34.25%
Earnings before Tax (EBT) 1 28.13 49.85 47.42 36.99 45.27 40.66 44.05
Net income 1 22.72 39.26 37.41 29.65 36.05 32.96 34.81
Net margin 24.34% 30.32% 30.13% 24.23% 25.07% 23.79% 23.29%
EPS 2 2.505 4.485 4.320 3.700 4.560 4.210 4.420
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.3550 0.4200 0.5550 0.8500 1.040 1.043 1.070
Announcement Date 28/01/20 28/01/21 27/01/22 25/01/23 24/01/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 31.05 30.57 28.6 29.08 31.71 33 35.88 36.38 35.62 35.91 35.46 35.3 35.9 36 36
EBITDA - - - - - - - - - - - - - - -
EBIT 1 - - - - 12.37 11.15 12.36 12.24 12.03 13.48 11.93 12.2 12.9 12.5 11.6
Operating Margin - - - - 39.01% 33.79% 34.44% 33.65% 33.78% 37.53% 33.64% 34.56% 35.93% 34.72% 32.22%
Earnings before Tax (EBT) 1 11.04 10.61 8.488 8.284 10.65 9.564 10.25 11.46 11.48 12.08 10.53 10.07 10.51 10.52 10.01
Net income 1 8.331 8.649 6.87 6.699 8.458 7.622 8.212 9.116 8.953 9.772 8.397 7.943 8.331 8.325 7.919
Net margin 26.83% 28.29% 24.02% 23.03% 26.67% 23.1% 22.89% 25.05% 25.14% 27.21% 23.68% 22.5% 23.21% 23.13% 22%
EPS 2 0.9700 1.010 0.8100 0.8300 1.080 0.9700 1.040 1.160 1.130 1.230 1.060 1.020 1.063 1.063 1.010
Dividend per Share 2 0.1500 0.1500 0.2000 0.2000 0.2000 0.2500 - 0.2500 0.2500 0.2600 0.2600 0.2600 0.2600 0.2633 0.2667
Announcement Date 28/10/21 27/01/22 28/04/22 28/07/22 26/10/22 25/01/23 26/04/23 26/07/23 25/10/23 24/01/24 24/04/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 11.9% 18.7% 15.7% 11.7% 14.4% 10.8% 11.1%
ROA (Net income/ Total Assets) 1.38% 2.02% 1.71% 1.22% 1.27% 1.03% 1.11%
Assets 1 1,646 1,944 2,188 2,430 2,839 3,190 3,136
Book Value Per Share 2 22.90 27.70 30.80 30.40 34.40 38.40 41.70
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 28/01/20 28/01/21 27/01/22 25/01/23 24/01/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
32.69 USD
Average target price
36 USD
Spread / Average Target
+10.13%
Consensus
  1. Stock Market
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  4. Financials FS Bancorp, Inc.