Filing Flows › FS Bancorp (FSBW) › How it makes money
How FS Bancorp (FSBW) makes money
FS Bancorp (FSBW) made $41.9M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Net interest income brought in $35.7M (85%); Noninterest income brought in $6.2M (15%). Of every dollar of revenue, 15¢ was left as operating profit, 12¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Net interest income | $35.7M | 85.2% | +9% | +6% |
| Noninterest income | $6.2M | 14.8% | +0.4% | +10% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $41.9M | 100.0% |
| Operating profit | $6.1M | 14.5% |
| Income tax | $1.2M | 2.8% |
| Net earnings | $4.9M | 11.8% |
| Operating cash flow | $33.1M | 79.1% |
| Free cash flow | $31.8M | 75.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $41.9M | +7% |
From FS Bancorp's 10-Q filed Nov 9, 2026 (on EDGAR).
Questions
How does FS Bancorp make money?
FS Bancorp (FSBW) made $41.9M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Net interest income brought in $35.7M (85%); Noninterest income brought in $6.2M (15%). Of every dollar of revenue, 15¢ was left as operating profit, 12¢ was left as net earnings.
What is FS Bancorp's biggest business?
Net interest income: $35.7M in the third quarter 2026, 85% of revenue, +6% from a year earlier.
What is FS Bancorp's profit margin?
Net earnings were $4.9M, 11.8% of revenue, in the third quarter 2026; the operating margin was 14.5%.
Updated Nov 10, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.