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Companies/FS Bancorp, Inc.
Company profile

FS Bancorp, Inc.

NASDAQ: FSBW · Financial Services · Banks - Regional
PublicHQ Mountlake Terrace, WA · SnohomishCIK 0001530249Reports USD
#692 of 1,011 Financial Services companies by revenuetop-quartile growth
EA Score
53D
FH 55DQ 43GM 65SS 62
v0.1 · 65/100 weight · provisional
↑ revenue growth (YoY), workforce scale · ↓ disclosure history, balance-sheet leverage
Methodology →
Revenue TTM
$220.9M
Rev growth YoY (TTM)
+3.3%
Net income (FY)
$33.3M
Employees
567
Market cap
$325.6M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$4.6M$4.6M2023
Net income$33.3M$33.3M2025
Total assets$3.2B$3.2B2025
Liabilities$2.9B$2.9B2025
Equity$307.7M$307.7M2025

Revenue trend

FY2018 – FY2023 · USD
$3.5M
FY18
$1.7M
FY19
$2.9M
FY19
$2.7M
FY20
$3.0M
FY21
$3.2M
FY22
$4.6M
FY23

Revenue by segment

Filed disclosures · FY2023
By product
Debit Card69%
Bank Servicing31%
By geography

Not disclosed.

The read

FS Bancorp, Inc. booked $4.6M in FY2023 revenue, growing 45% year over year — faster than most Financial Services companies we track, at a 723.0% net margin.

Peers · Financial Services
Palmer Square Capital BDC Inc.——Pioneer Acquisition I Corp——SuRo Capital Corp.——Kansas City Life Insurance Company37D
Neighbors
Snohomish →
Fortive Corporation$4.2B74BCoastal Financial Corporation——Funko, Inc.$908.2M41DZumiez Inc.$929.1M66BMountain Pacific Bancorp Inc$61.3M62CU & I Financial Corp.$24.4M21D
Key facts
CEOJoseph C. Adams
SectorFinancial Services
IndustryBanks - Regional
HeadquartersMountlake Terrace, WA
ExchangeNASDAQ: FSBW
Employees567
IPO date2012-07-10
Latest filings
8-K2026-06-018-K2026-05-2710-Q2026-05-088-K2026-05-048-K2026-04-22DEF 14A2026-04-0610-K2026-03-138-K2026-02-26
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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