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FS Bancorp, Inc. FSBW Home Lending — Income Tax Expense Benefit

Other segment segments

Commercial And Consumer Banking
$1.86M+35.4%

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Other financials

Income statement

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Revenue$1.2M-96.8%
Net income$7.8M-2.4%
EPS (diluted)$1.16+39.8%

Balance sheet

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Cash & equivalents$38.7M-38.3%
Total debt$172.9M+134%
Total equity$313.9M+5.0%
Total assets$3.2B+4.5%

Cash flow

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Operating cash flow$8.7M+6.6%
CapEx$273.0K-22.0%
Free cash flow$8.4M+7.8%

Valuation

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Market cap$316.6M+7.8%
Enterprise value$450.77M+47.8%
P/E9.6×+1.1×
P/S7.9×-0.7×

Profitability

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Net margin24.4%-1.2pp
FCF margin70%-67.3pp

Returns & leverage

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Return on equity10.8%-1.2pp
Debt / equity0.6×+0.3×

Where this comes from

Reported directly by FS Bancorp, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: FS Bancorp, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FS Bancorp, Inc.'s home lending — income tax expense benefit?
FS Bancorp, Inc. (FSBW) reported home lending — income tax expense benefit of $204K in Q1 2026.
How has FS Bancorp, Inc.'s home lending — income tax expense benefit changed year-over-year?
FS Bancorp, Inc.'s home lending — income tax expense benefit increased by 218.8% year-over-year, from $64K to $204K.
What is the long-term trend for FS Bancorp, Inc.'s home lending — income tax expense benefit?
Over 3 years (2021 to 2025), FS Bancorp, Inc.'s home lending — income tax expense benefit has grown at a -59.2% compound annual growth rate (CAGR), from $4.17M to $283K.
What does home lending — income tax expense benefit mean?
This reflects the tax provision or benefit allocated to the home lending segment based on its pre-tax earnings. It accounts for the segment's contribution to the total corporate tax burden or tax shield. Understanding this is necessary to calculate the segment's net contribution to the company's bottom line.