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Mar 31, 2024
FS Bancorp Q1 2024 Earnings Report
FS Bancorp reported first quarter net income and declared forty-fifth consecutive quarterly dividend.
Key Takeaways
FS Bancorp reported a net income of $8.4 million, or $1.06 per diluted share, for the first quarter of 2024, compared to $8.2 million, or $1.04 per diluted share, for the comparable quarter one year ago. The company's tangible book value per share increased by $1.83, and the net interest margin stabilized.
Net income for Q1 2024 was $8.4 million, compared to $8.2 million for the same quarter last year.
The company sold a portion of its mortgage servicing rights, resulting in a pre-tax gain of $8.2 million.
Net interest margin expanded to 4.26% for the first quarter of 2024.
Loans receivable, net increased $13.9 million to $2.42 billion at March 31, 2024.
FS Bancorp
FS Bancorp
FS Bancorp Revenue by Segment
Revenue by Segment
Commercial and Consumer Banking Revenue
CapyFin.comHome Lending Revenue
CapyFin.com Forward Guidance
This document does not contain forward guidance.