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8-K ·Filed Aug 24, 2026

FSBW

FS Bancorp, Inc.
NEUTRAL
Impact 3/10
Horizonweeks Processed2mo ago SEC0000939057-26-000207
8-K context-dependent: Items 8.01
Actionable Insight • Neutral

The $5M buyback is small relative to market cap and provides a modest floor but no catalyst. Monitor actual repurchase execution in future filings; the program is discretionary and can be suspended at any time. No change to fundamental outlook.

DirectionNeutral
Confidencehigh
Horizonweeks
Latest settled — T+20d ⚠ clustered
FSBW ▲ +2.49% at T+20d
NEUTRAL call +2.49% · α vs SPY +1.19% · entry $42.94 → $44.01
Next anchor: T+60d in 22d
Latest observation: T+43 +4.16% FF3 residual α
Entry = T+0 close
Aug 24, 2026
via day close
T+1d
-0.49%
call -0.49% · α -0.81%
$42.73
settled 2mo ago
T+5d
-1.49%
call -1.49% · α -1.96%
$42.30
settled 8w ago
T+20d
+2.49%
call +2.49% · α +1.19%
$44.01
settled 5w ago
T+60d
Pending
in 22d

Price Chart

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Executive Summary

FS Bancorp announced a $5.0 million share repurchase program authorized by its Board of Directors, effective over 12 months through August 24, 2027. The program represents about 1.6% of the company's $316M market cap and is a modest capital return signal, but does not change the company's underlying fundamentals or provide any new financial data. This is a routine capital allocation announcement with no material impact on earnings or operations.

Key Facts

  • Board authorized a share repurchase program of up to $5.0 million of common stock.
  • Program runs for 12 months until August 24, 2027.
  • Repurchases may be made in open market or private transactions, or via a Rule 10b5-1 trading plan.
  • Program may be suspended, terminated, or modified at any time for any reason.
  • Repurchase program commences no sooner than the second trading day after public announcement.

Financial Impact

Up to $5.0 million in share repurchases authorized, representing approximately 1.6% of the company's $316 million market capitalization.

share countbook value per share

Risk Factors

  • Repurchase program may not be fully utilized or may be suspended.
  • No improvement in underlying financial performance or guidance.
  • Capital allocation to buybacks reduces capital available for organic growth or acquisitions.

Market Snapshot

Exchange
Nasdaq
Sector
Savings Institutions, Not Federally Chartered
Analyst Consensus
0% bullish (8 analysts)

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0000939057-26-000207
Document: 0000939057-26-000207-index.html0000939057-26-000207
Document: 0000939057-26-000207.txt0000939057-26-000207
16 reports for FSBW
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for FSBW — sortable, filterable
TypeNow
Oct 23, 2026
3d ago
8-K
NEUTRAL ★ 2/10
$43.71awaiting T+1—$44.21 (+1.16%)
Oct 21, 2026
4d ago
8-K
BEARISH ★ 6/10
$44.35 $43.88▲ +1.06%▲ +0.54%$44.21 (+0.32%)
Oct 21, 2026
4d ago
Press Release
BEARISH ★ 6/10
$44.35 $43.88▲ +1.06%▲ +0.54%$44.21 (+0.32%)
Aug 28, 2026
8w ago
144
NEUTRAL ★ 2/10
$42.85 $42.30▼ −1.28%▼ −0.98%$44.21 (+3.17%)
Aug 24, 2026
8w ago
8-K
NEUTRAL ★ 3/10
$42.94 $42.73▼ −0.49%▼ −0.81%$44.21 (+2.96%)
Aug 24, 2026
8w ago
Press Release
NEUTRAL ★ 3/10
$42.94 $42.73▼ −0.49%▼ −0.81%$44.21 (+2.96%)
Aug 21, 2026
9w ago
8-K
NEUTRAL ★ 4/10
$42.47 $42.94▲ +1.11%▲ +1.40%$44.21 (+4.10%)
Aug 20, 2026
9w ago
Press Release
NEUTRAL ★ 4/10
$42.60 $42.47▼ −0.31%▼ −0.71%$44.21 (+3.78%)
Aug 11, 2026
10w ago
8-K
NEUTRAL ★ 2/10
$42.61 $43.79▲ +2.77%▲ +2.52%$44.21 (+3.75%)
Jul 16, 2026
14w ago
EFFECT
NEUTRAL ★ 4/10
$45.27 $44.03▼ −2.74%▼ −1.75%$44.21 (−2.34%)
Showing 10 of 16

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Report published Aug 24, 2026