FS Bancorp, Inc.
FSBWFinancial ServicesNASDAQBanks - Regional · Last scanned Sep 8, 2026
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Daily timeframeFS 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 in Washington. Valued at $345.0M, FSBW is a small-cap name in its sector. The company operates in two segments, Commercial and Consumer Banking; and Home Lending.
Market Cap
$345.0M
Beta
0.65
P/E (TTM)
10.04
P/E (Fwd)
9.40
EPS (TTM)
$4.37
EPS (Fwd)
$4.67
ROE
10.8%
ROA
1.1%
Cash
$34.7M
Total Debt
$381.0M
Free CF
—
52W Change
5.1%
Annual Financials
Cash vs Debt
Where FSBW stands vs its 150-day and 200-day moving averages
As of the August 20, 2026 close, FSBW finished 4.52% above its 150-day moving average ($40.97) and 5.13% above its 200-day moving average ($40.73). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is FSBW overbought or oversold?
At the August 20, 2026 close, FSBW's RSI(14) was 52.3, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
FS Bancorp, Inc. carries $381.0M in total debt against $34.7M in cash reserves — debt is roughly 11.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. ROE of 10.8% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.1% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $119.7M (2022) to $149.8M (2025), reflecting a 25% increase over the period.
With a beta below 0.7, FS Bancorp, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence FS Bancorp, Inc.'s trajectory.