FS Bancorp, Inc. (FSBW) Valuation — DCF, Graham & Comparables

FS Bancorp, Inc. (FSBW) — Price $44.47 Financial ServicesBanks - Regional — NASDAQ

Latest reported results:

Valuation dashboard for FS Bancorp, Inc. (FSBW) with P/E 10.07, P/B 1.05, EV/EBITDA 23.38 and dividend yield 2.57%. DCF, Graham Number and Earnings Power Value models plus sector comparison against other Financial Services companies.

FS Bancorp, Inc. functions as the holding company for 1st Security Bank of Washington, delivering a comprehensive suite of banking and financial services. These offerings cater to families, local and regional businesses, and specialized industry sectors. The company operates through two main divisions: Commercial and Consumer Banking, and Home Lending. Its deposit portfolio includes checking, money market, and savings accounts, alongside certificates of deposit.

Analysis Summary

FS Bancorp, Inc. reported revenue of $217.5M in the most recent fiscal year, growing at a 5-year CAGR of 8.9%. Net income reached $33.3M, with a -3.2% 5-year CAGR.

Trailing-twelve-month margins: gross margin 57.8%, operating margin 14.3%, net margin 18.7%.

At the current price of $44.47, FSBW trades at a P/E of 10.07 and an ROE of 10.75%. Market capitalisation stands at $330M.

Balance sheet quality for FSBW: current ratio of 0.1. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio10.07
Price / Book1.05
EV / EBITDA23.38
Dividend Yield2.57%

Valuation Models

DCF Fair Value$59.69
vs Current Price+34.2%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
FSBWFS Bancorp, Inc.$330M10.071.0510.8%
0O84.LDNB Bank ASA$480.5B
MFGMizuho Financial Group, Inc.$133.2B15.461.8312.3%
HDBHDFC Bank Limited$114.8B13.221.7313.9%
IBNICICI Bank Limited$100.7B16.852.4915.7%
SBID.LState Bank of India$96.4B
0KEF.LThe PNC Financial Services Group, Inc.$94.3B12.971.4912.3%
PNCThe PNC Financial Services Group, Inc.$92.4B12.921.4812.3%

Price

Price$44.47
Market Cap$330M
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity10.75%
Return on Invested Capital0.68%
Return on Assets1.05%
Gross Margin57.82%
Operating Margin14.28%
Net Margin18.67%

Related companies: BCML · CBAN · COSO · CZFS · CZNC · FNLC · PCB

Explore sector: Financial Services · Banks - Regional

More sections of FSBW: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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