FS Bancorp, Inc. Reports First Quarter Net Income of $8.0 Million or $1.01 Per Diluted Share and the Forty-Ninth Consecutive Quarterly Cash Dividend MOUNTLAKE TERRACE, Wash., April 22, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2025 first quarter net income of $8.0 million, or $1.01 per diluted share, compared to $8.4 million, or $1.06 per diluted share, for the comparable quarter one year ago. “Deposit growth exceeded expectations in the first quarter of 2025, enabling the...
FS Bancorp, Inc. Authorizes Additional Share Repurchases MOUNTLAKE TERRACE, Wash., April 04, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (“Company”), the holding company for 1st Security Bank of Washington (“Bank”) announced that its Board of Directors has authorized an additional repurchase of up to $5.0 million in shares of the Company’s outstanding common stock in the open market, in privately negotiated transactions from time to time over a 12-month period until March 31, 2026, at such prices as may be determined by the Company’s management. The repurchase program will co...
FS Bancorp, Inc. and 1st Security Bank Announce the Promotion of Phillip Whittington to Chief Financial Officer MOUNTLAKE TERRACE, Wash., April 01, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (“Company”) (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security Bank” or “Bank”) announced today that it has named Phillip Whittington as Chief Financial Officer of both the Bank and the Company effective May 1, 2025. Matthew D. Mullet, who previously served as Chief Financial Officer and President will continue to serve as the President for both the Company and the B...
FS Bancorp, Inc. Reports $7.4 Million of Net Income or $0.92 Per Diluted Share for 2024 and 3.7% Increase in Its Quarterly Dividend MOUNTLAKE TERRACE, Wash., Jan. 21, 2025 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”), today reported fourth quarter net income of $7.4 million, or $0.92 per diluted share, compared to $9.8 million, or $1.23 per diluted share, for the comparable quarter one year ago. The decrease in net income during the fourth quarter of 2024, compared to the preceding quarter, was pr...
FS Bancorp, Inc. Reports Third Quarter Net Income of $10.3 Million or $1.29 Per Diluted Share and the Forty-Seventh Consecutive Quarterly Cash Dividend MOUNTLAKE TERRACE, Wash., Oct. 22, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2024 third quarter net income of $10.3 million, or $1.29 per diluted share, compared to $9.0 million, or $1.13 per diluted share, for the comparable quarter one year ago. For the nine months ended September 30, 2024, net income was $27.6 million, or ...
FS Bancorp, Inc. Appoints Terri L. Degner to Board of Directors MOUNTLAKE TERRACE, Wash., Oct. 01, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ:FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”), today announced that Terri L. Degner has been appointed to the Board of Directors of the Company. The Company’s Nominating & ESG Committee proposed, and the Board of Directors ratified and approved, the appointment of Ms. Degner to the Board of Directors. Her appointment to the Board of Directors was effective September 30, 2024. “We are pleased to ...
FS Bancorp, Inc. Reports Second Quarter Net Income of $9.0 Million or $1.13 Per Diluted Share and Previously Announced Share Repurchase Plan and 3.8% Increase in its Quarterly Dividend MOUNTLAKE TERRACE, Wash., July 23, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank” or “1st Security Bank”) today reported 2024 second quarter net income of $9.0 million, or $1.13 per diluted share, compared to $9.1 million, or $1.16 per diluted share, for the comparable quarter one year ago. For the six months ende...
FS Bancorp, Inc. and 1st Security Bank Announces the Promotion of Matthew D. Mullet to President MOUNTLAKE TERRACE, Wash., July 19, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (the “Company”) (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security Bank” or “Bank”) announced today that it has named Matthew D. Mullet as President of both the Bank and the Company. Mr. Mullet has held the title of Chief Financial Officer at both the Bank and the Company since September 2011 and will also continue in his position as Chief Financial Officer. Joseph C. Adams will rem...
FS Bancorp, Inc. Announces Increase in its Cash Dividend and Authorizes Additional Share Repurchases MOUNTLAKE TERRACE, Wash., July 11, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (“Company”), the holding company for 1st Security Bank of Washington (“Bank”) announced that the Company’s Board of Directors authorized an increase in the quarterly cash dividend to $0.27 per quarter from $0.26 per quarter, a 3.8% increase. Joe Adams, the CEO of the Company stated, “We are pleased that the Board approved our forty-sixth consecutive quarterly cash dividend. The cash dividend will be...
1st Security Bank Announces the Promotions of Kelli Nielsen and Donn Costa Effective May 1st, 2024 MOUNTLAKE TERRACE, Wash., May 24, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announced today the promotions of Kelli Nielsen and Donn Costa to the positions of EVP, Chief Retail Banking Officer and EVP, Chief Home Lending Officer, respectively. 1st Security Bank Chief Executive Officer, Joe Adams, announced the promotions at an all-employee meeting on Friday, May 17th. During the announcement, ...
1st Security Bank Announces the Promotions of Sean McCormick and Robert Nesbitt to Executive Vice President roles MOUNTLAKE TERRACE, Wash., May 20, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW), the holding company for 1st Security Bank of Washington (“1st Security” or “Bank”) announced today the promotions of Sean McCormick and Robert Nesbitt to the positions of Chief Credit Administration Officer and Chief Credit Operations Officer of the Bank, respectively. Sean McCormick will assume the role of Chief Credit Administration Officer and will have primary responsibility for ...
FS Bancorp, Inc. Reports First Quarter Net Income of $8.4 Million or $1.06 Per Diluted Share and Its Board of Directors Declares Forty-Fifth Consecutive Quarterly Dividend MOUNTLAKE TERRACE, Wash., April 24, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank” or “1st Security Bank”) today reported 2024 first quarter net income of $8.4 million, or $1.06 per diluted share, compared to $8.2 million, or $1.04 per diluted share, for the comparable quarter one year ago. “We are proud to report a $1.8...
FS Bancorp, Inc. Reports $36.1 Million of Net Income or $4.56 Per Diluted Share for 2023 and a 4% Increase in its Quarterly Dividend to $0.26 Per Share MOUNTLAKE TERRACE, Wash., Jan. 24, 2024 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”), today reported 2023 net income of $36.1 million, or $4.56 per diluted share, compared to $29.6 million, or $3.70 per diluted share for 2022. Fourth quarter net income was $9.8 million, or $1.23 per diluted share, compared to $7.6 million, or $0.97 per diluted shar...
1st Security Bank Appoints Dan Icasiano to the Position of SVP, Director of Treasury Management MOUNTLAKE TERRACE, Wash., Dec. 18, 2023 (GLOBE NEWSWIRE) -- 1st Security Bank (‘the Bank’) is pleased to announce the appointment of Dan Icasiano to the position of SVP, Director of Treasury Management, effective November 27th. Dan Icasiano’s history of more than thirty years in the banking industry and treasury management services provides a wealth of expertise to 1st Security Bank. CEO, Joe Adams commented, “Dan believes in providing customized deposit solutions for our business customers. G...
1st Security Bank Announces the Promotion of Sean McCormick to SVP, Director of Credit Administration MOUNTLAKE TERRACE, Wash., Nov. 22, 2023 (GLOBE NEWSWIRE) -- 1st Security Bank (‘the Bank’) is pleased to announce the promotion of Sean McCormick, currently SVP, Credit Administrator, to the position of SVP, Director of Credit Administration, effective November 1st. Sean joined 1st Security Bank as a Commercial Credit Analyst in 2011. In 2017, he was promoted to Credit Administrator. “Sean’s wealth of credit experience and long history at the Bank have earned him the reputation of a trus...
FS Bancorp, Inc. Reports Third Quarter Net Income of $9.0 Million or $1.13 Per Diluted Share and the Forty-Third Consecutive Quarterly Dividend MOUNTLAKE TERRACE, Wash., Oct. 25, 2023 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank” or “1st Security Bank”) today reported 2023 third quarter net income of $9.0 million, or $1.13 per diluted share, compared to $8.5 million, or $1.08 per diluted share, for the comparable quarter one year ago. For the nine months ended September 30, 2023, net income was $26....
A director at FS Bancorp Inc sold 3,368 shares at 30.530USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...
FS Bancorp, Inc. Announces Additional Share Repurchase Authorization MOUNTLAKE TERRACE, Wash., Aug. 15, 2023 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (“Company”), the holding company for 1st Security Bank of Washington (“Bank”) announced that the Company’s Board of Directors authorized the implementation of a stock repurchase program and authorized the Company to repurchase up to $5.0 million in shares or 2.5% of its outstanding shares of common stock in the open market, in privately negotiated transactions or shares withheld upon the exercise of equity awards from time to time...
1st Security Bank Announces Retirement Date of Chief Credit Officer and the Selection of His Successor MOUNTLAKE TERRACE, Wash., July 05, 2023 (GLOBE NEWSWIRE) -- 1st Security Bank of Washington has named Stephanie Nicklaus to succeed Robert Fuller as Chief Credit Officer (“CCO”), effective on Mr. Fuller’s retirement as of August 17, 2023. Robert Fuller has served as the Bank’s CCO since 2013. “Rob will be missed by employees and customers alike,” said 1st Security Bank CEO Joe Adams. “In Rob’s ten years as 1st Security Bank’s CCO he developed a great working relationship with Dennis O’L...
FS Bancorp, Inc. Reports Net Income for the First Quarter of $8.2 Million or $1.04 Per Diluted Share and the Forty-First Consecutive Quarterly Dividend MOUNTLAKE TERRACE, Wash., April 26, 2023 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank” or “1st Security Bank”) today reported 2023 first quarter net income of $8.2 million, or $1.04 per diluted share, compared to $6.9 million, or $0.83 per diluted share, for the comparable quarter one year ago. On February 24, 2023, the Bank completed the purchase o...
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