NASDAQ$FSBW

FS Bancorp Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Net income of $12.7 million, or $2.94 per diluted share, was reported.

FS Bancorp reported a strong third quarter with net income of $12.7 million, or $2.94 per diluted share, driven by robust loan growth and strong profitability amidst the COVID-19 pandemic.

  • Net income for Q3 2020 was $12.7 million, compared to $7.1 million for the same quarter last year.
  • The provision for loan losses was $3.1 million in response to the COVID-19 pandemic and additional loan growth.
  • Total gross loans increased by $50.5 million during the quarter, reaching $1.52 billion at September 30, 2020.
  • The company closed a record $589.9 million of one-to-four family loans in the third quarter.

Headline financials

Total Revenue

$36.5M

Previous: $24.5M+49.0%
EPS (adj)

$1.47

Previous: $0.80+83.7%
Capital Expenditures

-$1.19M

Previous: -$2M+40.6%
Free Cash Flow

$11.5M

Previous: $5.14M+124.1%
Net Income

$12.7M

Previous: $7.14M+78.0%
Operating Income

$26.8M

Previous: $16.1M+66.3%
Gross Profit

$33.4M

Previous: $23.9M+39.6%
Cash & Equivalents

$36.1M

Previous: $62.9M-42.6%
Total Assets

$2.05B

Previous: $1.69B+21.2%

Revenue & EPS history

FS Bancorp · Revenue · Quarterly

$36.5M

Q3 2020+49%vs Q3 2019
Beat estimate in 9 of 16 quarters(56%)
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 Q3 2020

Historical avgQ3 2020

+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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