FSBW Stock — FS Bancorp Inc

FS Bancorp Inc (FSBW)

Updated October 16, 2026.

FSBW is a Stock. its distribution rate is 2.59%, its trailing-12-month yield is 2.56%. Dividend Vision Distribution Safety Score™ is 97/100 (Safe). Total return is 1048.2% over the past 14.3 years, 421.0 points ahead of SPY at 627.2%.

FS Bancorp Inc is a bank holding company that operates 1st Security Bank of Washington, providing banking and financial services to families, local and regional businesses, and specialized industry niches primarily across the Pacific Northwest. The company offers deposit products, residential and commercial lending, and digital banking services through branches in Washington, Oregon, and a loan production office in the Tri-Cities area. It distributes earnings to shareholders on a quarterly basis at a modest current distribution rate.

FSBW performance versus SPY

Price and return data through 2026-10-16.

Total return is 1048.2% over the past 14.3 years, 421.0 points ahead of SPY at 627.2%. Over the past year its total return — price change plus distributions reinvested — is 23.4%. Its deepest 1-year drawdown was 15.0%.

FSBW key facts

Distribution Safety Score™

97 · Safe

Safety-Adjusted Yield

2.51%

Asset type

Stock

Asset class

Equity

Inception date

07/10/2012

Distribution rate

2.59%

Distribution frequency

Quarterly

Trailing yield

2.56%

5-year average yield

2.55

Last close

$44.85 (as of 2026-10-16)

Market cap

$352,617,338

Average volume

22420.0

Dividend

$0.29

Ex-dividend date

08/07/2026

Payment date

08/21/2026

Beta

0.651

Payout ratio

28.1%

P/E ratio

10.26

Forward P/E

8.9047

EPS

$4.37

How Dividend Vision calculates yield and returns

Distribution rate (2.59%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.56%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FSBW risks and drawbacks

FSBW's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 15.0%.

Who may consider FSBW — and who may not

FSBW may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (FSBW pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on FSBW

• All tickers starting with F

Tagged: Financials, Dividend.

Frequently asked questions