NASDAQ$FSBW

FS Bancorp Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Net income decreased year-over-year but net interest margin improved, driven by growth in commercial and consumer banking.

FS Bancorp reported a net income of $6.7 million, or $0.83 per diluted share, for the second quarter of 2022. This compares to $8.5 million, or $0.98 per diluted share, for the same quarter last year. The net interest margin improved to 4.39% compared to 4.09% for the comparable quarter one year ago.

  • Net income was $6.7 million for the second quarter of 2022, compared to $8.5 million for the comparable quarter one year ago.
  • Net interest margin improved to 4.39%, compared to 4.09% for the comparable quarter one year ago.
  • Loans receivable, net increased $148.4 million, or 8.3%, to $1.95 billion at June 30, 2022, compared to March 31, 2022.
  • Segment reporting reflected $7.5 million in net income for the commercial and consumer banking segment and $756,000 of net loss for the home lending segment for the second quarter of 2022, compared to $6.7 million and $1.9 million of net income in the second quarter of 2021, respectively.

Headline financials

Total Revenue

$29.1M

Previous: $29.4M-1.1%
EPS (adj)

$0.83

Previous: $0.97-14.4%
Net Interest Margin

4.4%

Previous: 4.1%+7.3%
Capital Expenditures

-$401K

Previous: -$1.6M+74.9%
Free Cash Flow

$6.3M

Previous: $6.95M-9.4%
Net Income

$6.7M

Previous: $8.55M-21.6%
Operating Income

$22.7M

Previous: $22.4M+1.2%
Gross Profit

$27.5M

Previous: $27.9M-1.6%
Cash & Equivalents

$28.7M

Previous: $86.6M-66.9%
Total Assets

$2.4B

Previous: $2.22B+7.9%

Revenue & EPS history

FS Bancorp · Revenue · Quarterly

$29.1M

Q2 2022-1.1%vs Q2 2021
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+1.8%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+3.6%

Avg return

30 days after

68%

38 / 56 earnings

Positive

+14.1%

Q1 2020

Best reaction

-5.2%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%+1.4%-1.5%
Q4 2025+0.0%-6.8%-3.5%
Q3 2025+3.2%+1.6%+4.9%
Q2 2025-2.7%-3.1%+0.5%
Q1 2025-0.6%+0.0%-4.8%
Q4 2024-1.9%-1.0%-4.8%
Q3 2024+3.8%+2.2%+8.0%
Q2 2024+5.8%+7.5%+4.7%
Q1 2024+0.7%+1.4%+5.9%
Q4 2023+6.4%+5.3%-7.2%
Q3 2023+2.7%+1.9%+11.0%
Q2 2023-1.6%-3.9%-4.8%
Q1 2023+4.9%+10.9%+5.7%
Q4 2022-0.6%+3.5%+6.0%
Q3 2022+3.4%+6.4%+25.7%
Q2 2022+5.7%+5.7%+6.9%
Q1 2022-1.1%-1.6%+2.2%
Q4 2021+2.4%+1.1%-0.8%
Q3 2021+2.1%+2.4%-0.9%
Q2 2021+3.0%+1.5%-3.3%
Q1 2021+1.5%+2.0%+3.9%
Q4 2020+4.8%+6.1%+13.9%
Q3 2020-5.2%-3.7%+8.2%
Q2 2020+7.1%+6.6%+9.7%
Q1 2020+14.1%+26.3%+18.9%
Q4 2019-4.8%-11.7%-21.0%
Q3 2019-0.2%+2.7%+7.6%
Q2 2019+0.4%-1.2%-2.8%
Q1 2019-0.4%+1.2%-5.6%
Q4 2018+5.2%-0.3%+5.4%
Q3 2018+2.5%+1.3%+5.5%
Q2 2018+0.8%-0.6%-6.1%
Q1 2018+0.3%+1.9%+4.1%
Q4 2017-2.5%-3.7%-6.7%
Q3 2017+1.6%+2.5%+7.2%
Q2 2017+1.7%+5.0%+16.7%
Q1 2017+5.8%+6.8%+5.9%
Q4 2016+0.7%+2.3%+7.0%
Q3 2016+3.4%+4.6%+14.4%
Q2 2016+4.9%+5.9%+8.2%
Q1 2016-0.9%
Q4 2015+6.4%
Q3 2015+1.9%
Q2 2015+2.8%
Q1 2015+2.2%
Q4 2014+1.6%
Q3 2014+1.8%
Q2 2014+0.7%
Q1 2014+0.7%
Q4 2013+0.4%
Q3 2013+1.6%
Q2 2013-0.1%
Q1 2013+3.0%
Q4 2012+0.0%
Q3 2012+0.0%
Q2 2012+0.0%
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011

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