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FS Bancorp Announces New $5M Share Repurchase Plan

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FS Bancorp Announces New $5M Share Repurchase Plan

Elevate Your Investing Strategy:

FS Bancorp ( (FSBW) ) has provided an update.

On July 9, 2025, FS Bancorp, Inc., the holding company for 1st Security Bank of Washington, announced an additional share repurchase program of up to $5.0 million of its common stock. This initiative follows a previous plan announced in April 2025, which still has $400,000 remaining for repurchase. The repurchase program, set to begin shortly after the announcement, allows for flexibility in purchasing shares in the open market or through private transactions. The decision reflects the company’s strategy to optimize shareholder value and manage capital effectively, considering market conditions and financial performance.

The most recent analyst rating on (FSBW) stock is a Hold with a $45.00 price target. To see the full list of analyst forecasts on FS Bancorp stock, see the FSBW Stock Forecast page.

Spark’s Take on FSBW Stock

According to Spark, TipRanks’ AI Analyst, FSBW is a Neutral.

The stock is supported by strong financial performance and attractive valuation, indicating stability and potential for growth. The recent executive change is a positive corporate event, enhancing future prospects. However, technical indicators are neutral, suggesting a cautious market sentiment.

To see Spark’s full report on FSBW stock, click here.

More about FS Bancorp

FS Bancorp, Inc., a Washington corporation, is the holding company for 1st Security Bank of Washington. The Bank offers a range of loan and deposit services primarily to small- and middle-market businesses and individuals in Washington and Oregon. It operates through twenty-seven Bank branches, and one headquarters office that provide loan and deposit services, and loan production offices in various suburban communities in the greater Puget Sound area, the Kennewick-Pasco-Richland metropolitan area of Washington, also known as the Tri-Cities, and in Vancouver, Washington. Additionally, the Bank services home mortgage customers throughout the Northwest predominantly in Washington State including Puget Sound, Tri-Cities and Vancouver.

Average Trading Volume: 17,447

Technical Sentiment Signal: Strong Buy

Current Market Cap: $324.8M

For detailed information about FSBW stock, go to TipRanks’ Stock Analysis page.

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