MOUNTLAKE TERRACE, Wash. (AP) — MOUNTLAKE TERRACE, Wash. (AP) — FS Bancorp Inc. (FSBW) on Wednesday reported first-quarter earnings of $8.2 million.
The Mountlake Terrace, Washington-based bank said it had earnings of $1.04 per share. Earnings, adjusted for non-recurring costs, came to $1.22 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The bank holding company posted revenue of $43.8 million in the period. Its revenue net of interest expense was $35.9 million, which also topped Street forecasts.
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, source Associated Press News