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FS Bancorp, Inc. FSBW Interest Expense

Discontinued — last reported Q2 '23

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Segments

By segment

See full
Commercial And Consumer Banking$10.72M+1.5%
Home Lending$6.29M+4.5%

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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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:InterestExpense.

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
Deposits7,6101,55714,2342,842
Borrowings1,2191742,060307
Subordinated notes486485971971
Total interest expense9,3152,21617,2654,120
NET INTEREST INCOME31,55224,72962,21447,451
PROVISION FOR CREDIT LOSSES7161,8712,8242,914
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES30,83622,85859,39044,537
NONINTEREST INCOME

Item 1. Financial Statements

FAQ

What is FS Bancorp, Inc.'s interest expense?
FS Bancorp, Inc. (FSBW) reported interest expense of $9.32M in Q2 2023.
How has FS Bancorp, Inc.'s interest expense changed year-over-year?
FS Bancorp, Inc.'s interest expense increased by 320.4% year-over-year, from $2.22M to $9.32M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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