NASDAQ$FSBW

FS Bancorp Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

FS Bancorp reported net income of $8.6 million and EPS of $1.01 for Q4 2021.

FS Bancorp reported Q4 net income of $8.6 million, or $1.01 per diluted share, compared to $11.4 million, or $1.30 per diluted share in the comparable quarter one year ago. The fourth quarter results reflect strong loan growth funded by core deposits and continued diversified revenues supporting margins. The Board of Directors also approved the thirty-sixth consecutive quarterly cash dividend which is being increased to $0.20 from $0.15 per share.

  • Net income was $8.6 million for the fourth quarter of 2021, compared to $11.4 million for the comparable quarter one year ago.
  • Net interest income improved from $19.9 million in the comparable quarter one year ago to $22.7 million.
  • Total loans receivable, net increased $183.6 million, or 11.9% from $1.54 billion at December 31, 2020, to $1.73 billion at December 31, 2021.
  • Net interest margin (“NIM”) improved to 4.20% for the three months ended December 31, 2021, compared to 3.99% for the three months ended December 31, 2020.

Headline financials

Total Revenue

$30.6M

Previous: $34.7M-11.8%
EPS (adj)

$1.01

Previous: $1.30-22.3%
Net Interest Margin

4.2%

No prior period
Capital Expenditures

$63K

Previous: $190K-66.8%
Free Cash Flow

$9.42M

Previous: $66.9M-85.9%
Net Income

$8.6M

Previous: $11.2M-23.5%
Gross Profit

$29.8M

Previous: $34.1M-12.7%
Cash & Equivalents

$26.5M

Previous: $91.6M-71.1%
Total Assets

$2.29B

Previous: $2.11B+8.2%
Stock-Based Comp

$1.45M

No prior period

Revenue & EPS history

FS Bancorp · Revenue · Quarterly

$30.6M

Q4 2021-11.8%vs Q4 2020
Beat estimate in 11 of 16 quarters(69%)
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 Q4 2021

Historical avgQ4 2021

+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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