Core Insights - FS Bancorp reported revenue of $36.27 million for the quarter ended June 2024, reflecting a year-over-year decline of 0.3% and an EPS of $1.13 compared to $1.25 a year ago [1] Financial Performance Metrics - The reported revenue exceeded the Zacks Consensus Estimate of $35.4 million by 2.46%, while the EPS surprise was 9.71% against a consensus estimate of $1.03 [3] - Net Interest Margin was reported at 4.3%, matching the average estimate, while the Efficiency Ratio was 65.8%, slightly above the estimated 65% [4] - Total Non-Interest Income was $5.87 million, surpassing the average estimate of $4.60 million, while Net Interest Income was $30.40 million, slightly below the average estimate of $30.80 million [4] Stock Performance - FS Bancorp shares have returned +21.1% over the past month, significantly outperforming the Zacks S&P 500 composite's +2% change [6] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [6]
Here's What Key Metrics Tell Us About FS Bancorp (FSBW) Q2 Earnings