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Sep 30, 2024
FS Bancorp Q3 2024 Earnings Report
FS Bancorp reported net income for the third quarter of 2024.
Key Takeaways
FS Bancorp reported a net income of $10.3 million, or $1.29 per diluted share, for the third quarter of 2024, compared to $9.0 million, or $1.13 per diluted share, for the comparable quarter one year ago. The increase in net income was attributed to deposit growth and strategic planning.
Net income for Q3 2024 was $10.3 million, compared to $9.0 million in the previous quarter and the same quarter last year.
Net interest margin increased to 4.35% for Q3 2024, compared to 4.29% in the previous quarter and 4.34% in the comparable quarter last year.
Total deposits increased by $44.5 million, or 1.9%, to $2.43 billion at September 30, 2024.
Loans receivable, net, remained unchanged at $2.46 billion at September 30, 2024, and increased $88.1 million, or 3.7%, from September 30, 2023.
FS Bancorp
FS Bancorp
FS Bancorp Revenue by Segment
Revenue by Segment
Home Lending Revenue
CapyFin.com Forward Guidance
This document does not contain explicit forward guidance. It includes a section on forward-looking statements, cautioning that actual results may differ materially from current expectations due to various factors.