FS Bancorp (FSBW) Revenue & Revenue Breakdown


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FS Bancorp Revenue Highlights


Latest Revenue (Y)

$187.78M

Latest Revenue (Q)

$51.86M

Main Segment (Y)

Debit Card

FS Bancorp Revenue by Period


FS Bancorp Revenue by Year

DateRevenueChange
2023-12-31$187.78M56.92%
2022-12-31$119.67M-1.39%
2021-12-31$121.36M-4.75%
2020-12-31$127.41M41.15%
2019-12-31$90.27M31.20%
2018-12-31$68.80M11.68%
2017-12-31$61.61M11.87%
2016-12-31$55.07M24.89%
2015-12-31$44.09M43.19%
2014-12-31$30.79M15.70%
2013-12-31$26.62M27.51%
2012-12-31$20.87M30.90%
2011-12-31$15.95M-1.00%
2010-12-31$16.11M7.12%
2009-12-31$15.04M7.08%
2007-12-31$14.04M-14.00%
2006-12-31$16.33M-

FS Bancorp generated $187.78M in revenue during NA 2023, up 56.92% compared to the previous quarter, and up 272.93% compared to the same period a year ago.

FS Bancorp Revenue by Quarter

DateRevenueChange
2024-06-30$51.86M3.94%
2024-03-31$49.90M-0.20%
2023-12-31$50.00M15.55%
2023-09-30$43.27M22.43%
2023-06-30$35.34M-0.19%
2023-03-31$35.41M9.63%
2022-12-31$32.30M4.32%
2022-09-30$30.96M9.28%
2022-06-30$28.33M0.92%
2022-03-31$28.07M-5.75%
2021-12-31$29.79M-1.40%
2021-09-30$30.21M5.05%
2021-06-30$28.76M-11.78%
2021-03-31$32.60M-4.50%
2020-12-31$34.14M-4.83%
2020-09-30$35.87M13.73%
2020-06-30$31.54M21.95%
2020-03-31$25.86M17.10%
2019-12-31$22.09M-6.48%
2019-09-30$23.62M3.08%
2019-06-30$22.91M5.79%
2019-03-31$21.66M12.41%
2018-12-31$19.27M14.60%
2018-09-30$16.81M-0.15%
2018-06-30$16.84M5.93%
2018-03-31$15.89M0.48%
2017-12-31$15.82M-5.21%
2017-09-30$16.68M8.19%
2017-06-30$15.42M12.68%
2017-03-31$13.69M-1.68%
2016-12-31$13.92M-8.92%
2016-09-30$15.28M7.93%
2016-06-30$14.16M20.95%
2016-03-31$11.71M4.50%
2015-12-31$11.20M0.62%
2015-09-30$11.13M-5.26%
2015-06-30$11.75M17.45%
2015-03-31$10.01M11.08%
2014-12-31$9.01M13.90%
2014-09-30$7.91M8.97%
2014-06-30$7.26M9.87%
2014-03-31$6.61M10.38%
2013-12-31$5.99M-10.52%
2013-09-30$6.69M-9.52%
2013-06-30$7.39M12.87%
2013-03-31$6.55M14.11%
2012-12-31$5.74M-0.14%
2012-09-30$5.75M14.66%
2012-06-30$5.01M14.64%
2012-03-31$4.37M2.63%
2011-12-31$4.26M7.90%
2011-09-30$3.95M3.03%
2011-06-30$3.83M-1.79%
2011-03-31$3.90M17.41%
2007-12-31$3.32M-

FS Bancorp generated $51.86M in revenue during Q2 2024, up 3.94% compared to the previous quarter, and up 146.46% compared to the same period a year ago.

FS Bancorp Revenue Breakdown


FS Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Debit Card$3.20M----
Bank Servicing$1.41M----
Deposit service and account maintenance fees-$919.00K$757.00K--
Debit Card Interchange Fees-$2.27M$2.25M$1.88M$1.85M
Deposit Service And Account Maintenance Fees---$786.00K-
Non Sufficient Funds Fees----$1.06M

FS Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Debit Card (69.38%), and Bank Servicing (30.62%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19
Debit Card$763.00K$2.33M$867.00K-----------------
Bank Servicing$364.00K$1.04M$373.00K-----------------
Debit Card Interchange Fees---$882.00K$639.00K$564.00K$575.00K$584.00K$543.00K$567.00K$585.00K$585.00K$515.00K$497.00K$504.00K$444.00K$435.00K---
Deposit service and account maintenance fees---$388.00K$275.00K$241.00K$237.00K$225.00K$216.00K$219.00K$192.00K---------
Deposit Service And Account Maintenance Fees-----------$173.00K$173.00K-------
Non Sufficient Funds Fees--------------$172.00K$145.00K$266.00K---
Commercial And Consumer Banking-----------------$233.00K$280.00K$271.00K

FS Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Debit Card (67.70%), and Bank Servicing (32.30%).

FS Bancorp Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FSBWFS Bancorp$187.78M$51.86M
NECBNortheast Community Bancorp$135.86M$40.96M
MNSBMainStreet Bancshares$127.76M$34.20M
FNWDFinward Bancorp$96.53M$24.70M
MBCNMiddlefield Banc$90.30M$27.36M
OVLYOak Valley Bancorp$87.34M$18.76M
FFNWFirst Financial Northwest$80.93M$20.02M
ESSAESSA Bancorp$69.30M$27.78M
CWBCCommunity West Bancshares$61.39M$27.26M
HMNFHMN Financial$43.48M$14.79M
OFEDOconee Federal Financial$16.61M$3.21M
FCCOFirst Community$10.42M$25.48M

FSBW Revenue FAQ


FS Bancorp's yearly revenue for 2023 was $187.78M, representing an increase of 56.92% compared to 2022. The company's yearly revenue for 2022 was $119.67M, representing a decrease of -1.39% compared to 2021. FSBW's yearly revenue for 2021 was $121.36M, representing a decrease of -4.75% compared to 2020.

FS Bancorp's quarterly revenue for Q2 2024 was $51.86M, a 3.94% increase from the previous quarter (Q1 2024), and a 46.74% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $49.9M, a -0.20% decrease from the previous quarter (Q4 2023), and a 40.91% increase year-over-year (Q1 2023). FSBW's quarterly revenue for Q4 2023 was $50M, a 15.55% increase from the previous quarter (Q3 2023), and a 54.80% increase year-over-year (Q4 2022).

FS Bancorp's revenue growth rate for the last 3 years (2021-2023) was 54.73%, and for the last 5 years (2019-2023) was 108.02%.

FS Bancorp's revenue streams in c 23 are Debit Card, and Bank Servicing. Debit Card generated $3.2M in revenue, accounting 69.38% of the company's total revenue Bank Servicing generated $1.41M in revenue, accounting 30.62% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of FS Bancorp was Debit Card. This segment made a revenue of $3.2M, representing 69.38% of the company's total revenue.