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Discontinued — last reported Q2 '23

Income Tax at other companies

Sound Financial Bancorp logo
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Segments

By segment

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Commercial And Consumer Banking$1.9M-2.0%
Home Lending$218K+134%

Other financials

Income statement

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Revenue$1.2M-96.8%
Net income$7.9M+2.7%
EPS (diluted)$1.16+39.8%

Balance sheet

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Cash & equivalents$29.7M-10.5%
Total debt$331.3M+36.6%
Total equity$319.0M+7.3%
Total assets$3.2B+0.1%

Cash flow

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Operating cash flow$52.0M+628%
CapEx$574.0K-55.6%
Free cash flow$51.4M+778%

Valuation

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Market cap$316.33M+7.1%
Enterprise value$617.87M+22.4%
P/E9.5×+0.6×

Profitability

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

Returns & leverage

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Return on equity10.8%-0.7pp
Debt / equity+0.2×

Where this comes from

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

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: FS Bancorp, Inc.’s 10-Q, filed August 9, 2023.

Filed
Aug 9, 2023
Fiscal quarter
Q2 FY2023
Calendar quarter
Q2 2023
Accession
0001558370-23-014292
Line itemThree Months Ended / June 30, 2023Three Months Ended / June 30, 2022Six Months Ended / June 30, 2023Six Months Ended / June 30, 2022
Amortization of core deposit intangible1,0231721,482345
Recovery of servicing rights(2)(1)
Total noninterest expense24,20418,92947,72837,996
INCOME BEFORE PROVISION FOR INCOME TAXES11,4658,28421,71416,772
PROVISION FOR INCOME TAXES2,3491,5854,3863,203
NET INCOME$9,116$6,699$17,328$13,569
Basic earnings per share$1.17$0.84$2.23$1.68
Diluted earnings per share$1.16$0.83$2.19$1.66

Item 1. Financial Statements

FAQ

What is FS Bancorp, Inc.'s income tax?
FS Bancorp, Inc. (FSBW) reported income tax of $2.35M in Q2 2023.
How has FS Bancorp, Inc.'s income tax changed year-over-year?
FS Bancorp, Inc.'s income tax increased by 48.2% year-over-year, from $1.59M to $2.35M.
What does income tax mean?
Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

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