FS Bancorp (FSBW) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

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FS Bancorp (FSBW) reported $35.62 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 12.3%. EPS of $1.13 for the same period compares to $1.08 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $36.25 million, representing a surprise of -1.75%. The company delivered an EPS surprise of +0.89%, with the consensus EPS estimate being $1.12.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how FS Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Interest Margin: 4.3% compared to the 4.5% average estimate based on two analysts.

  • Efficiency Ratio: 66.2% compared to the 63.9% average estimate based on two analysts.

  • Total Non Interest Income: $4.98 million versus $4.80 million estimated by two analysts on average.

  • Net Interest Income: $30.63 million compared to the $31.45 million average estimate based on two analysts.

View all Key Company Metrics for FS Bancorp here>>>

Shares of FS Bancorp have returned -3.2% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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