FS Bancorp authorizes buyback of FS Bancorp stock

Published on 10/05/2026 at 04:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The repurchase ceiling is USD 5.00 million through August 24, 2027. FS Bancorp stock sits 3.32 percent below its 52-week high.

FSBW, US30263Y1047, Illustration mit AI erstellt.

FS Bancorp (ISIN US30263Y1047) authorized a share repurchase program of up to USD 5.00 million on August 24, 2026. The program gives the bank a capital-allocation tool while its stock remains 3.32 percent below the USD 45.85 52-week high recorded in the latest market range.

Buyback runs through August 2027

According to The Globe and Mail on August 24, 2026, the board approved purchases in open-market or privately negotiated transactions, including under a Rule 10b5-1 plan. The authorization covers a 12-month period through August 24, 2027, and management can determine the timing and amount of purchases.

The authorization does not require FS Bancorp to buy a specific number of shares. That distinction matters for investors because the USD 5.00 million ceiling represents potential capital deployment rather than a fixed reduction in the share count.

Quarterly earnings set the baseline

For the quarter covered by its July 21, 2026 release, Investing.com lists USD 38.80 million in revenue against a USD 38.00 million forecast. Net income was USD 7.94 million, while diluted earnings per share were USD 1.04 against USD 1.08 expected.

The earnings comparison points to a mixed operating picture: revenue exceeded the listed forecast by USD 0.80 million, but diluted earnings per share were USD 0.04 below consensus. For a community bank, the buyback therefore sits alongside earnings execution rather than replacing it.

Nasdaq range frames the stock

The latest Nasdaq context showed FS Bancorp at USD 44.33 on October 2, 2026, inside a USD 36.66 to USD 45.85 52-week range. The same market snapshot places the company at a USD 328.7 million market capitalization, making the USD 5.00 million authorization equal to 1.52 percent of that value.

MarketBeat lists October 20, 2026 as the scheduled date for FS Bancorp's third-quarter 2026 results and gives consensus earnings per share of USD 1.11. That report will provide the next quantified test for the bank's earnings trajectory and the capital-return plan.