FS Bancorp, Inc. reported a solid fourth quarter of 2025 with increased net income and diluted EPS year-over-year, alongside a 3.6% increase in its quarterly dividend, reflecting consistent operating performance and a strong capital position.
Net income increased to $8.4 million, or $1.10 per diluted share, for Q4 2025, up from $7.4 million, or $0.92 per diluted share, in Q4 2024.
positiveTotal deposits increased by $334.2 million, or 14.3%, from December 31, 2024, to $2.67 billion at December 31, 2025.
positiveLoans receivable, net increased by $121.2 million, or 4.8%, from December 31, 2024, to $2.62 billion at December 31, 2025.
positiveBook value per share increased $3.29 to $41.55 at December 31, 2025, compared to $38.26 at December 31, 2024.
positiveTangible book value per share increased $3.63 from $36.02 at December 31, 2024, to $39.65 at December 31, 2025.
positiveThe Company increased its quarterly cash dividend by $0.01 to $0.29 per common share, marking the fifty-second consecutive quarterly increase.
positiveNet income for the full year 2025 was $33.3 million, a decrease from $35.0 million in 2024.
negativeDiluted EPS for the full year 2025 was $4.29, a decrease from $4.36 in 2024.
negativeConsumer loans decreased by $23.2 million, or 3.7%, from Q4 2024 to Q4 2025.
attentionNet interest margin (NIM) slightly decreased to 4.35% in Q4 2025 from 4.37% in the previous quarter, although it increased from 4.31% in Q4 2024.
attentionNonperforming assets to total assets increased to 0.59% at December 31, 2025, from 0.45% at December 31, 2024.
attentionThe Home Lending segment reported a net loss of $39,000 in Q4 2024, but a net income of $643,000 in Q4 2025.
attentionMargin metrics will be available once backend extracts data from insights_json
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
Commercial and Consumer Banking | N/A | — | — | — |
Home Lending | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
The Company remains focused on growing both book value and tangible book value.
Consistent operating performance and strong capital position continue to support meaningful returns to shareholders.
Purchased a 122,000-square-foot building for $16.1 million as part of a broader effort to centralize headquarters by year-end 2026.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.