FSBWFinancial Services · Banks - RegionalThe 3 Wall Street analysts covering FS Bancorp, Inc. hold a median 12-month price target of $45 — +1.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 74 of 100 as at 14 Oct 2026 — in the upper half. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores FS Bancorp, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Value (91): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.
Quality (41): Profits are thin or unreliable for the size of the business, or they are not turning into cash.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on FSBW, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +1.5% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 22 July 2026 | DA Davidson | Maintains | Neutral | $45 |
| 22 July 2026 | DA Davidson | Maintains | Neutral | — |
| 27 Feb 2026 | DA Davidson | Maintains | Neutral | — |
| 27 Feb 2026 | DA Davidson | Maintains | Neutral | $45 → $46 |
| 26 Jan 2026 | DA Davidson | Maintains | Neutral | — |
| 24 July 2025 | DA Davidson | Maintains | Neutral | — |
| 25 July 2024 | DA Davidson | Maintains | Neutral | — |
| 7 July 2022 | Raymond James | Downgrade | Market Perform | — |
| 11 June 2021 | Raymond James | Maintains | Outperform | — |
| 27 Apr 2021 | Raymond James | Maintains | Outperform | — |
| 26 Feb 2021 | Raymond James | Maintains | Outperform | — |
| 1 Feb 2021 | Raymond James | Maintains | Outperform | — |
| 27 Oct 2020 | Raymond James | Maintains | Outperform | — |
| 17 June 2020 | Raymond James | Upgrade | Outperform | — |
| 7 Jan 2020 | Raymond James | Downgrade | Market Perform | — |
| 15 Nov 2018 | Raymond James | Maintains | Outperform | — |
| 13 Sept 2017 | DA Davidson | Initiates | Neutral | — |
| 19 Apr 2017 | Raymond James | Initiates | Outperform | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FSBW appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 14 Oct 2026, FS Bancorp, Inc. returned +17.0% against +17.5% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 57% of US stocks
Cheaper than 47% of US stocks
Cheaper than 70% of US stocks
Higher than 33% of US stocks
Higher than 39% of US stocks
Higher than 88% of US stocks
Higher than 84% of US stocks
Higher than 65% of US stocks
Higher than 50% of US stocks
Higher than 83% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
FS Bancorp, Inc. has a market value of $348.8M and an enterprise value of $671.5M.
Revenue in the twelve months to 30 June 2026: $152.6M. The latest quarter grew 2.5% year on year.
Net income over the same four quarters: $33.4M, a 21.9% net margin.
Diluted earnings per share, trailing twelve months: $4.34.
Free cash flow in the twelve months to 30 June 2026: $98.1M.
FS Bancorp, Inc. spent $11.2M on share buybacks and $10.2M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 10.2×; forward P/E: 9.5× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 2.60%, paying out 26% of earnings.
FS Bancorp, Inc. employs 593 people — $257K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own FS Bancorp, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
FSBW was added to Zacks Investment Research's Rank #5 (Strong Sell) List on September 23rd, 2026, alongside BCSF and BBW, according to the article "New Strong Sell Stocks for September 23rd."
Why it matters — FSBW watchers would note that the stock's rank was downgraded to a Strong Sell by Zacks, signaling a negative assessment of its near-term outlook.
FS Bancorp, Inc. announced that its Board of Directors authorized a share repurchase program of up to $5.0 million of the Company's outstanding common stock. Repurchases may occur in the open market or in privately negotiated transactions over a 12-month period through August 24, 2027, and will commence no sooner than the second trading day after the announcement.
Why it matters — FSBW watchers would care because the buyback authorization signals the board's intention to return capital to shareholders and could reduce the number of outstanding shares over the next year.
FS Bancorp, Inc., parent company of 1st Security Bank of Washington, announced that effective August 19, 2026, it completed its previously announced acquisition of Pacific West Bancorp, an Oregon corporation, and the merger of Pacific West Bank into 1st Security Bank of Washington.
Why it matters — The completion of the Pacific West acquisition expands FS Bancorp's footprint through the integration of the Oregon-based Pacific West Bank into its 1st Security Bank subsidiary.
Seeking Alpha published its weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers, covering companies that changed their dividends and those with upcoming ex-dividend dates.
Why it matters — FSBW watchers may monitor such weekly reports to track whether the company's dividend status or activity is mentioned among dividend-paying stocks.
The 3 Wall Street analysts covering FS Bancorp, Inc. have a median 12-month price target of $45, with estimates ranging from $45 to $45. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 3 analysts covering FS Bancorp, Inc., 0 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks FS Bancorp, Inc. 74 out of 100 across roughly 4,600 US stocks as at 14 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 14 Oct 2026, FS Bancorp, Inc. ranks 74 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (91 of 100).
No one can know that. What the data says: the median 12-month target from 3 analysts implies +1.5% from the last close, and Ticker Nerd's factor model ranks FS Bancorp, Inc. 74 out of 100 as at 14 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering FS Bancorp, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FSBW are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $45 to $45 over the next 12 months.
FS Bancorp, Inc. returned +17.0% over the 12 months to 14 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
FS Bancorp, Inc. is a bank holding company that provides banking and financial services through its subsidiary, 1st Security Bank of Washington.
The most recent item we track (Zacks Investment Research, 23 Sept 2026): "New Strong Sell Stocks for September 23rd". FSBW was added to Zacks Investment Research's Rank #5 (Strong Sell) List on September 23rd, 2026, alongside BCSF and BBW, according to the article "New Strong Sell Stocks for September 23rd."
FS Bancorp, Inc. is a bank holding company that provides banking and financial services through its subsidiary, 1st Security Bank of Washington. FS Bancorp, Inc. serves local families, businesses, and niche industries with deposit products, commercial and consumer lending, and home lending services. Its commercial and consumer banking segment offers checking and savings accounts, certificates of deposit, money market accounts, online and mobile banking, ATM access, telephone banking, and cash management services. The home lending segment originates residential mortgage loans, including one-to-four-family loans and home equity-related products, while also supporting commercial real estate, commercial business, construction, and consumer lending needs. FS Bancorp, Inc. is headquartered in Mountlake Terrace, Washington, and operates as a regional financial institution focused on relationship-based banking and lending across its markets.
CEO Mr. Matthew D. Mullet · 593 employees · United States · https://www.fsbwa.com
