U.S. Markets close in 6 hrs 15 mins

FS Bancorp: 4Q Earnings Snapshot

MOUNTLAKE TERRACE, Wash. (AP) _ FS Bancorp Inc. (FSBW) on Tuesday reported fourth-quarter profit of $5.9 million.

The bank, based in Mountlake Terrace, Washington, said it had earnings of $1.30 per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.

The bank holding company posted revenue of $27.9 million in the period. Its revenue net of interest expense was $23 million, also falling short of Street forecasts.

For the year, the company reported profit of $22.7 million, or $5.01 per share. Revenue was reported as $93.3 million.

FS Bancorp shares have decreased slightly more than 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $61.03, an increase of 27% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FSBW at https://www.zacks.com/ap/FSBW