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FS Bancorp (FSBW) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

FS Bancorp Revenue Highlights

Latest Revenue (Y)

$217.51M

Latest Revenue (Q)

$50.97M

Main Segment (Y)

Debit Card

FS Bancorp Revenue by Period

FS Bancorp Revenue by Year

DateRevenueChange
2025-12-31$217.51M6.78%
2024-12-31$203.71M9.96%
2023-12-31$185.26M38.16%
2022-12-31$134.08M2.29%
2021-12-31$131.08M-7.77%
2020-12-31$142.13M29.70%
2019-12-31$109.59M38.66%
2018-12-31$79.03M18.77%
2017-12-31$66.54M12.34%
2016-12-31$59.23M24.04%
2015-12-31$47.75M42.56%
2014-12-31$33.50M16.33%
2013-12-31$28.79M23.91%
2012-12-31$23.24M30.16%
2011-12-31$17.85M-10.71%
2010-12-31$19.99M2.23%
2009-12-31$19.56M-6.80%
2007-12-31$20.98M-4.02%
2006-12-31$21.86M-

FS Bancorp generated $217.51M in revenue during NA 2025, up 6.78% compared to the previous quarter, and up 153.04% compared to the same period a year ago.

FS Bancorp Revenue by Quarter

DateRevenueChange
2025-09-30$50.97M-4.10%
2025-06-30$53.15M3.48%
2025-03-31$51.37M-13.17%
2024-12-31$59.16M13.32%
2024-09-30$52.20M2.05%
2024-06-30$51.16M24.19%
2024-03-31$41.19M-16.87%
2023-12-31$49.55M3.90%
2023-09-30$47.69M6.79%
2023-06-30$44.66M2.99%
2023-03-31$43.36M11.71%
2022-12-31$38.82M11.74%
2022-09-30$34.74M13.72%
2022-06-30$30.55M1.90%
2022-03-31$29.98M-6.02%
2021-12-31$31.90M-2.04%
2021-09-30$32.56M3.92%
2021-06-30$31.34M-11.19%
2021-03-31$35.28M-5.19%
2020-12-31$37.22M-5.02%
2020-09-30$39.18M10.70%
2020-06-30$35.39M16.66%
2020-03-31$30.34M12.47%
2019-12-31$26.97M-5.66%
2019-09-30$28.59M3.07%
2019-06-30$27.74M5.57%
2019-03-31$26.28M13.36%
2018-12-31$23.18M18.67%
2018-09-30$19.54M3.19%
2018-06-30$18.93M8.91%
2018-03-31$17.38M9.91%
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 $50.97M in revenue during Q3 2025, up -4.10% compared to the previous quarter, and up 99.64% 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
Bank Servicing$1.41M----
Debit Card$3.20M----
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-----------------
Deposit service and account maintenance fees---$388.00K$275.00K$241.00K$237.00K$225.00K$216.00K$219.00K$192.00K---------
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-----------$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$217.51M$50.97M
WSBFWaterstone Financial$201.61M$-10.13M
CBANColony Bankcorp$186.11M$17.75M
FNLCFirst Bancorp$177.61M$41.01M
CZFSCitizens Financial Services$173.24M$33.16M
CZNCCitizens & Northern$154.19M$-65.26M
BCMLBayCom$141.83M$34.95M
COSOCoastalSouth Bancshares$135.78M$34.99M
TSBKTimberland Bancorp$114.61M$29.95M
PLBCPlumas Bancorp$108.25M$29.80M
PCBPCB Bancorp$99.71M$30.39M

FSBW Revenue FAQ

What is FS Bancorp’s yearly revenue?

FS Bancorp's yearly revenue for 2025 was $217.51M, representing an increase of 6.78% compared to 2024. The company's yearly revenue for 2024 was $203.71M, representing an increase of 9.96% compared to 2023. FSBW's yearly revenue for 2023 was $185.26M, representing an increase of 38.16% compared to 2022.

What is FS Bancorp’s quarterly revenue?

FS Bancorp's quarterly revenue for Q3 2025 was $50.97M, a -4.10% decrease from the previous quarter (Q2 2025), and a -2.36% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $53.15M, a 3.48% increase from the previous quarter (Q1 2025), and a 3.91% increase year-over-year (Q2 2024). FSBW's quarterly revenue for Q1 2025 was $51.37M, a -13.17% decrease from the previous quarter (Q4 2024), and a 24.70% increase year-over-year (Q1 2024).

What is FS Bancorp’s revenue growth rate?

FS Bancorp's revenue growth rate for the last 3 years (2023-2025) was 17.41%, and for the last 5 years (2021-2025) was 65.93%.

What are FS Bancorp’s revenue streams?

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