Overview
Bank holding company's Q4 net income rose to $8.4 mln, up from $7.4 mln yr/yr
Company repurchased 46,947 shares in Q4, with $4.3 mln remaining for buybacks
Company purchased new office building for $16.1 mln, plans HQ centralization by 2026
Outlook
Company did not provide specific financial guidance
Result Drivers
NET INTEREST INCOME - Increase in net interest income driven by higher interest income on loans receivable, despite increased interest expenses
NONINTEREST INCOME - Increase due to $1.0 million in death benefits from bank-owned life insurance policies
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 EPS | $1.10 | ||
Q4 Net Income | $8.4 mln | ||
Q4 Net Interest Income | $33.6 mln | ||
Q4 Net Interest Margin | 4.35% |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for FS Bancorp Inc is $44.00, about 5.8% above its January 20 closing price of $41.59
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release: ID:nGNX3W6qz2
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)