FS Bancorp (FSBW) Revenue & Revenue Breakdown


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FS Bancorp Revenue Highlights


Latest Revenue (Y)

$187.78M

Latest Revenue (Q)

$47.04M

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
2024-09-30$47.04M-9.37%
2024-06-30$51.91M4.02%
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 $47.04M in revenue during Q3 2024, up -9.37% compared to the previous quarter, and up 133.11% 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$47.04M
NECBNortheast Community Bancorp$135.86M$41.50M
MNSBMainStreet Bancshares$127.76M$34.48M
FNWDFinward Bancorp$96.53M$22.47M
MBCNMiddlefield Banc$90.30M$27.36M
OVLYOak Valley Bancorp$87.34M$19.50M
FFNWFirst Financial Northwest$80.93M$20.09M
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$26.72M

FSBW Revenue FAQ


What is FS Bancorp’s yearly revenue?

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.

What is FS Bancorp’s quarterly revenue?

FS Bancorp's quarterly revenue for Q3 2024 was $47.04M, a -9.37% decrease from the previous quarter (Q2 2024), and a 8.72% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $51.9M, a 4.02% increase from the previous quarter (Q1 2024), and a 46.86% increase year-over-year (Q2 2023). FSBW'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).

What is FS Bancorp’s revenue growth rate?

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%.

What are FS Bancorp’s revenue streams?

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

What is FS Bancorp’s main source of 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.