FS Bancorp, Inc. Financial Ratios — FSBW Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	5.99	12.22	6.42	7.09	12.57	13.43	13.87	16.12	11.91	18.25	15.67	12.37	14.53	12.5	11.05
Return on Assets (%)	0.54	1.65	1.01	0.98	1.5	1.39	1.56	1.87	1.36	2.05	1.7	1.21	1.29	1.17	1.07
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	5.71	4.66	8.35	8.87	5.51	9.46	6.39	7.65	13.3	10.69	12.51	11.7	8.95	7.44	7.97
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	10.41	15.32	22.31	21.01	31.18	29.24	33.4	41.52	31.16	39.13	39.07	30.91	32.02	29.29	27.46
Profit Margin (%)	10.41	25.37	14.73	14.74	20.13	19.06	22.86	35.39	25.17	30.82	30.83	24.78	25.5	24.67	22.27
Net Income to Common Margin (%)	10.41	25.37	14.73	14.74	20.13	19.06	22.86	35.39	25.09	30.82	30.83	24.78	25.5	24.67	22.27
Effective Tax Rate (%)	- -	- -	34	29.84	35.44	34.8	31.56	14.78	19.24	21.24	21.11	19.84	20.36	15.77	18.91
Dvd Payout Ratio (%)	- -	- -	11.51	15.51	9.31	10.38	9.45	7.87	12.29	9.1	12.3	23.93	21.53	23.6	30.77
Sustainable Growth Rate (%)	5.99	12.22	5.68	5.99	11.4	12.03	12.56	14.85	10.45	16.59	13.74	9.41	11.4	9.55	7.65

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	9	7	17	17	109	22	17	147	100	118	97	242	60	355	185
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	9	7	17	17	109	22	17	147	100	118	97	242	60	355	185
Total Debt/EBITDA	10.51	7.04	7.5	6.24	44.68	4.32	4.41	27.93	8.33	8.64	6.37	17.31	4.76	33.59	15.49
Net Debt/EBITDA	-12.22	-2.65	-10.99	-1.12	29.51	-5.61	-4.99	17.51	2.34	0.64	3.62	13.56	-2.88	29.91	12.63
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	9.43	16.68	14.87	12.92	11.12	9.79	12.43	11.1	11.69	10.88	10.83	8.8	8.9	9.76	9.62
Long-Term Debt/Equity (%)	33.25	11.42	26.74	25.87	144.11	27.76	14.24	81.66	49.92	51.17	39.08	104.65	22.79	120.01	60.08
Long-Term Debt/Capital (%)	24.95	10.25	21.1	20.56	59.04	21.73	12.47	44.95	33.3	33.85	28.1	51.14	18.56	54.55	37.53
Long-Term Debt/Total Assets (%)	3.14	1.91	3.98	3.34	16.02	2.72	1.77	9.07	5.84	5.57	4.23	9.21	2.03	11.72	5.78
Total Debt/Equity (%)	33.25	11.42	26.74	25.87	144.11	27.76	14.24	81.66	49.92	51.17	39.08	104.65	22.79	120.01	60.08
Total Debt/Capital (%)	24.95	10.25	21.1	20.56	59.04	21.73	12.47	44.95	33.3	33.85	28.1	51.14	18.56	54.55	37.53
Total Debt/Total Assets (%)	3.14	1.91	3.98	3.34	16.02	2.72	1.77	9.07	5.84	5.57	4.23	9.21	2.03	11.72	5.78
Net Debt to Equity	-38.68	-4.3	-39.19	-4.65	95.17	-36.05	-16.11	51.19	14.02	3.77	22.18	81.93	-13.78	106.85	48.99
Net Debt/Capital (%)	-63.07	-4.49	-64.45	-4.88	48.76	-56.36	-19.2	33.86	12.02	3.56	17.87	44.35	-15.51	51.19	32.47
EBITDA	1	1	2	3	2	5	4	5	12	14	15	14	13	11	12
EBITDA-CapEx	-1	-3	- -	2	1	2	3	1	10	12	13	12	11	9	-8
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	9.43	16.68	14.87	12.92	11.12	9.79	12.43	11.1	11.69	10.88	10.83	8.8	8.9	9.76	9.62
Long-Term Debt/Equity (%)	33.25	11.42	26.74	25.87	144.11	27.76	14.24	81.66	49.92	51.17	39.08	104.65	22.79	120.01	60.08
Long-Term Debt/Capital (%)	24.95	10.25	21.1	20.56	59.04	21.73	12.47	44.95	33.3	33.85	28.1	51.14	18.56	54.55	37.53
Long-Term Debt/Total Assets (%)	3.14	1.91	3.98	3.34	16.02	2.72	1.77	9.07	5.84	5.57	4.23	9.21	2.03	11.72	5.78
Total Debt/Equity (%)	33.25	11.42	26.74	25.87	144.11	27.76	14.24	81.66	49.92	51.17	39.08	104.65	22.79	120.01	60.08
Total Debt/Capital (%)	24.95	10.25	21.1	20.56	59.04	21.73	12.47	44.95	33.3	33.85	28.1	51.14	18.56	54.55	37.53
Total Debt/Total Assets (%)	3.14	1.91	3.98	3.34	16.02	2.72	1.77	9.07	5.84	5.57	4.23	9.21	2.03	11.72	5.78
CFO/Total Liabilities	1.84	-0.25	1.71	-0.91	-1.17	0.48	1.75	1.49	0.61	-1.72	5.35	7.7	2.87	1.86	2.5
CFO/CapEx	3.39	-0.21	2.95	-4.61	-4.67	1	14.85	5.65	3.73	-23.44	54.94	119.21	46.48	31.08	3.55
Altman's Z-Score	0.18	0.27	0.28	0.25	0.25	0.25	0.3	0.2	0.26	0.23	0.25	0.22	0.22	0.24	0.23

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	15.35	18.61	21.43	21.85	24.06	23.78	20.23	14.75	15.47	19.7	16.6	12.77	11.24	10.18	10.51
Days Sales Outstanding	23.77	19.61	17.03	16.71	15.17	15.35	18.04	24.74	23.59	18.53	21.99	28.58	32.47	35.85	34.72
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	42	56	59	84	110	201	193	284	232	275	259	288	322	309
- Cash & Cash Equivalents	19	9	41	20	37	52	37	55	67	104	37	46	90	33	28
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	9	7	17	17	109	22	17	147	100	118	97	242	60	355	185
Enterprise Value	-37	-4	-25	7	101	-1	99	188	192	68	63	226	154	476	286
Total Capital	36	67	79	83	184	104	139	327	300	348	344	474	325	651	493
Total Debt/Capital (%)	24.95	10.25	21.1	20.56	59.04	21.73	12.47	44.95	33.3	33.85	28.1	51.14	18.56	54.55	37.53
Total Debt / EV	-0.24	-1.79	-0.66	2.34	1.08	-21.14	0.18	0.78	0.52	1.73	1.53	1.07	0.39	0.75	0.65
EV/Sales	- -	- -	- -	0.24	2.29	- -	1.6	2.73	2.12	0.53	0.52	1.89	1.09	3.35	1.91
EV/EBITDA	- -	- -	- -	2.66	41.47	- -	25.07	35.64	15.97	5	4.15	16.12	12.2	45.03	23.97
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	6.55	8.75	20.89	- -	0.58	1.22	1.99	9.36	3.96
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	6.13	7.43	16.47	- -	0.57	1.21	1.95	9.07	3.09
Diluted Market Cap	- -	39	52	55	79	108	180	166	289	240	291	268	292	330	320
Diluted Enterprise Value	-10	36	28	51	150	78	160	258	323	254	351	464	263	651	477
EV per Share	- -	- -	- -	1.12	15.54	- -	13.41	20.88	21.5	8.03	7.72	29.18	19.79	60.75	38.1
TTM Sales	15	21	27	31	44	55	62	69	90	127	121	120	141	142	150
TTM EBITDA	1	1	2	3	2	5	4	5	12	14	15	14	13	11	12
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	5	-1	6	-4	-7	4	15	21	9	-32	109	185	78	51	72
TTM Free Cash Flow to Firm	6	3	8	-3	-6	7	16	25	12	-31	111	186	79	52	93

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	13.53	6.38	-17.29	-14.19	14.97	11.16	6.58	24.85	-7.75	2.62	1.44	3.68	6.29	3.45
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-37	-4	-25	7	101	-1	99	188	192	68	63	226	154	476	286
Low Price	- -	4.95	6.41	7.75	8.9	11.03	17.05	20.63	21.31	13.75	26.4	26.8	26.08	30.64	34.61
EV/Sales	- -	- -	- -	0.24	2.29	- -	1.6	2.73	2.12	0.53	0.52	1.89	1.09	3.35	1.91
EV/EBITDA	- -	- -	- -	2.66	41.47	- -	25.07	35.64	15.97	5	4.15	16.12	12.2	45.03	23.97
Price/Earnings	- -	7.37	13.29	12.01	8.72	9.91	12	6.52	12.48	6	7.61	8.92	7.98	9.17	9.46
Price/Earnings Average	- -	6.4	12.76	11.22	7.41	7.52	9.97	8.35	10.12	4.88	7.59	8.17	6.77	8.58	9.15
Price/Earnings High	- -	7.76	15.09	12.01	8.89	10.69	12.75	10.09	12.6	6.98	8.34	9.41	8.36	10.97	10.17
Price/Earnings Low	- -	5.62	9.94	10.2	5.97	6.08	7.49	6.27	8.33	3.01	5.97	7.15	5.63	6.84	7.96
Price/Book Value	- -	0.7	0.89	0.9	1.12	1.36	1.65	1.07	1.42	1.01	1.11	1.12	1.09	1.09	1
Price/Book Value Average	- -	0.61	0.86	0.84	0.95	1.03	1.37	1.37	1.15	0.82	1.11	1.02	0.92	1.02	0.97
Price/Book Value High	- -	0.74	1.01	0.9	1.14	1.47	1.75	1.66	1.43	1.18	1.22	1.18	1.14	1.3	1.08
Price/Book Value Low	- -	0.54	0.67	0.76	0.77	0.83	1.03	1.03	0.95	0.51	0.87	0.89	0.77	0.81	0.84
Price/Tangible Book Value	- -	0.7	0.92	0.94	1.21	1.61	1.8	1.2	1.57	1.1	1.23	1.24	1.27	1.19	1.08
Price/Tangible Book Value Average	- -	0.61	0.89	0.88	1.03	1.22	1.5	1.53	1.28	0.9	1.22	1.14	1.08	1.12	1.05
Price/Tangible Book Value High	- -	0.74	1.05	0.94	1.24	1.73	1.91	1.85	1.59	1.29	1.34	1.31	1.33	1.43	1.16
Price/Tangible Book Value Low	- -	0.54	0.69	0.8	0.83	0.98	1.12	1.15	1.05	0.55	0.96	1	0.9	0.89	0.91
Price/Sales	- -	1.87	1.96	1.77	1.76	1.89	2.74	2.31	3.13	1.85	2.35	2.21	2.04	2.26	2.11
Price/Sales Average	- -	1.62	1.88	1.65	1.49	1.43	2.28	2.96	2.54	1.5	2.34	2.03	1.73	2.12	2.04
Price/Sales High	- -	1.97	2.22	1.77	1.79	2.04	2.91	3.57	3.16	2.15	2.57	2.33	2.13	2.71	2.26
Price/Sales Low	- -	1.43	1.46	1.5	1.2	1.16	1.71	2.22	2.09	0.93	1.84	1.77	1.44	1.69	1.77
Price/Cash Flow	- -	-51.42	8.54	-13.54	-10.96	28.99	11.2	7.4	30.79	-7.28	2.61	1.43	3.71	6.32	4.36
Price/Cash Flow Average	- -	-44.65	8.2	-12.65	-9.31	21.99	9.31	9.49	24.97	-5.93	2.61	1.31	3.14	5.91	4.22
Price/Cash Flow High	- -	-54.12	9.7	-13.54	-11.18	31.29	11.9	11.46	31.09	-8.49	2.86	1.51	3.88	7.56	4.69
Price/Cash Flow Low	- -	-39.22	6.39	-11.5	-7.51	17.78	7	7.12	20.57	-3.66	2.05	1.15	2.61	4.71	3.67
Price/Free Cash Flow Average	- -	11.75	6.12	-16.16	-12.05	11.36	9.27	8.43	20.16	-6.31	2.62	1.32	3.12	5.88	3.34
Price/Free Cash Flow High	- -	14.24	7.24	-17.29	-14.46	16.17	11.86	10.19	25.09	-9.03	2.88	1.52	3.86	7.53	3.71
Price/Free Cash Flow Low	- -	10.32	4.77	-14.68	-9.71	9.19	6.97	6.33	16.6	-3.89	2.06	1.15	2.6	4.69	2.9
EV/Sales Average	- -	1.63	1.09	1.69	3.25	0.99	2.39	4.93	2.92	1.59	2.75	3.62	1.52	4.39	3.04
EV/Sales High	- -	2	1.45	1.82	3.57	1.63	3.15	5.67	3.55	2.23	2.97	3.92	1.93	4.98	3.26
EV/Sales Low	- -	1.41	0.64	1.53	2.93	0.7	1.72	4.03	2.47	1.02	2.27	3.37	1.23	3.96	2.78
EV/EBITDA Average	-12.22	34.92	13.01	19.09	58.96	10.41	37.4	64.44	22	14.9	21.99	30.95	16.98	58.92	38.15
EV/EBITDA High	-12.22	42.89	17.39	20.51	64.86	17.19	49.21	74.19	26.7	20.88	23.76	33.52	21.53	66.87	40.94
EV/EBITDA Low	-12.22	30.35	7.7	17.24	53.25	7.35	26.88	52.73	18.61	9.58	18.14	28.82	13.74	53.15	34.89
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	6.49	8.57	9.13	13	17.98	27.29	21.44	31.9	27.4	33.63	33.44	36.96	41.06	41.17
High Price	- -	6.83	9.73	9.13	13.25	19.41	29	33.2	32.21	31.92	36.85	35.3	38.7	49.15	44.22
Enterprise Value Average	-10	34	29	52	143	54	147	339	264	203	334	433	215	623	455
Enterprise Value High	-10	42	39	56	158	90	194	390	321	284	361	469	272	707	489
Enterprise Value Low	-10	30	17	47	129	38	106	278	223	130	275	404	174	562	416

Shares Outstanding	6	6	6	6	6	6	7	9	9	8	8	8	8	8	8
Diluted Weighted Avg Shares	6	6	6	6	6	6	7	8	9	9	9	8	8	8	8
Basic Weighted Avg Shares	6	6	6	6	6	6	6	7	9	9	8	8	8	8	8
Revenue per Share	2.29	3.47	4.38	5.15	7.4	9.52	9.95	9.3	10.19	14.83	14.34	15.14	18.15	18.16	19.54
EBITDA per Share	0.13	0.16	0.37	0.46	0.41	0.9	0.64	0.71	1.36	1.59	1.79	1.77	1.62	1.35	1.56
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.24	0.88	0.65	0.76	1.49	1.82	2.27	3.29	2.56	4.57	4.42	3.75	4.63	4.48	4.35
Basic EPS from Cont Ops	0.24	0.88	0.65	0.76	1.49	1.82	2.27	3.29	2.57	4.57	4.42	3.75	4.63	4.48	4.35
Diluted EPS, GAAP	0.24	0.88	0.65	0.76	1.47	1.76	2.14	3.15	2.5	4.49	4.32	3.7	4.56	4.36	4.29
Diluted EPS from Cont Ops	0.24	0.88	0.65	0.76	1.47	1.76	2.14	3.15	2.5	4.49	4.32	3.7	4.56	4.36	4.29
Dividend per Share	- -	- -	0.07	0.12	0.14	0.19	0.21	0.26	0.32	0.42	0.54	0.9	1	1.06	1.34
Cash Flow per Share	0.73	-0.13	1	-0.67	-1.19	0.62	2.44	2.9	1.04	-3.76	12.88	23.39	9.97	6.5	9.43
Free Cash Flow per Basic Share	0.51	-0.73	0.66	-0.82	-1.44	- -	2.27	2.38	0.76	-3.92	12.64	23.19	9.76	6.29	6.78
Cash & Equivalents per Share	7.12	8.14	15.02	10.64	14.2	21.83	16.24	16.92	21.61	33.26	37.75	35.6	24.9	25.63	27.69
Book Value per Share	4.13	9.24	9.62	10.17	11.62	13.24	16.58	20.04	22.45	27.14	30.3	29.95	33.91	37.76	40.98
Tangible Book Value per Share	4.13	9.24	9.29	9.7	10.72	11.2	15.16	17.93	20.29	24.82	27.44	26.89	29.02	34.38	37.96

FS Bancorp, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)