FS Bancorp Q2 FY26 net income rises 1.28% to $7.9 million
FSBW•Capital management and dividend
The company repurchased 87,000 shares for $3.6 million at an average $41.81 per share.
Book value per share rose 2.7% to $43.57.
FS Bancorp declared a 54th consecutive quarterly cash dividend of $0.29 per share, payable Aug. 21 to holders of record Aug. 7.
Quarterly results and balance sheet
FS Bancorp posted Q2 net income of $7.9 million, up from $7.8 million in Q1, with diluted EPS of $1.04.
Total deposits fell 7.2% to $2.45 billion at June 30 from March 31, driven by a $201.1 million drop in brokered deposits.
Loans receivable, net edged up $4.9 million to $2.63 billion at June 30; consumer loans slipped 1.8% to $573.2 million.
