• Tue. May 31st, 2022

Business

implement back-end convergence

FS Bancorp: Q1 Earnings Snapshot

ByDan Haar

Apr 28, 2022

MOUNTLAKE TERRACE, Wash. (AP) _ FS Bancorp Inc. (FSBW) on Thursday reported first-quarter net income of $6.9 million.The bank, based in Mountlake Terrace, Washington, said it had earnings of 81 cents per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share. The bank holding company posted revenue of $30.5 million in the period. Its revenue net of interest expense was $28.6 million, which fell short of Street forecasts.