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FS Bancorp, Inc. FSBW Home Lending — Noninterest Expense

Other segment segments

Commercial And Consumer Banking
$20.86M+3.4%

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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:NoninterestExpense.

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 — noninterest expense?
FS Bancorp, Inc. (FSBW) reported home lending — noninterest expense of $4.66M in Q1 2026.
How has FS Bancorp, Inc.'s home lending — noninterest expense changed year-over-year?
FS Bancorp, Inc.'s home lending — noninterest expense decreased by 4.5% year-over-year, from $4.88M to $4.66M.
What is the long-term trend for FS Bancorp, Inc.'s home lending — noninterest expense?
Over 4 years (2021 to 2025), FS Bancorp, Inc.'s home lending — noninterest expense has grown at a 1.0% compound annual growth rate (CAGR), from $19.69M to $20.52M.
What does home lending — noninterest expense mean?
This is the total of all operating expenses for the home lending segment, excluding interest expense, such as personnel costs, occupancy, and administrative overhead. It is a key measure of the segment's operational efficiency and cost structure. Lowering this relative to revenue is a primary driver of improved segment profitability.