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FS Bancorp (FS Bancorp) Total Assets : $2,972.7 Mil (As of Dec. 2023)


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What is FS Bancorp Total Assets?

FS Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $2,972.7 Mil.

During the past 12 months, FS Bancorp's average Total Assets Growth Rate was 9.90% per year. During the past 3 years, the average Total Assets Growth Rate was 12.20% per year. During the past 5 years, the average Total Assets Growth Rate was 12.80% per year. During the past 10 years, the average Total Assets Growth Rate was 23.60% per year.

During the past 13 years, FS Bancorp's highest 3-Year average Total Assets Growth Rate was 35.90%. The lowest was -2.60%. And the median was 19.30%.

Total Assets is connected with ROA %. FS Bancorp's annualized ROA % for the quarter that ended in Dec. 2023 was 1.33%. Total Assets is also linked to Revenue through Asset Turnover. FS Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


FS Bancorp Total Assets Historical Data

The historical data trend for FS Bancorp's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FS Bancorp Total Assets Chart

FS Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,713.06 2,113.24 2,286.39 2,632.90 2,972.67

FS Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,782.81 2,905.62 2,920.07 2,972.67 2,969.71

FS Bancorp Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

FS Bancorp's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=264.488+2708.181
=2,972.7

FS Bancorp's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=264.488+2708.181
=2,972.7

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FS Bancorp  (NAS:FSBW) Total Assets Explanation

Total Assets is connected with ROA %.

FS Bancorp's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=39.088/( (2920.072+2972.669)/ 2 )
=39.088/2946.3705
=1.33 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

FS Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=35.562/( (2920.072+2972.669)/ 2 )
=35.562/2946.3705
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

FS Bancorp Total Assets Related Terms

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FS Bancorp (FS Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
6920 220th Street South West, Mountlake Terrace, WA, USA, 98043
FS Bancorp Inc is the holding company of 1st Security Bank, a diversified lender with a focus on the origination of commercial real estate, one-to-four-family, and home equity loans, consumer loans, including a variety of indirect home improvement (fixture secured loans), and marine loans, and commercial business loans. It has two operating segments; The commercial and consumer banking segment provides diversified financial products and services to its commercial and consumer customers through Bank branches, automated teller machines, online banking platforms, mobile banking apps, and telephone banking, and The home lending segment originates one-to-four-family residential mortgage loans for sale in the secondary markets as well as loans held for investment.
Executives
Robert B Fuller officer: Chief Credit Officer 111 NORTH WALL STREET, SPOKANE WA 99201
Stephanie Nicklaus officer: Chief Credit Officer 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Pamela Marie Andrews director 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Fs Bancorp, Inc. officer: Chief Credit Officer 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Ben Crowl officer: Chief Lending Officer 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Shana Allen officer: EVP, Chief Information Officer 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Joseph P. Zavaglia director C/O FS BANCORP, INC., 6920 220TH STREET SW, SUITE 300, MOUNTLAKE TERRACE WA 98043
Mark Tueffers director, other: Director of the Bank 6920 220TH STREET, SUITE 300, MOUNT LAKE TERRACE WA 98043
Margaret R. Piesik director C/O FS BANCORP, INC., 6920 220TH STREET SW, SUITE 300, MOUNTLAKE TERRACE WA 98043
Dennis V O'leary officer: Chief Lending Officer 6920 220TH STREET, SW, MOUNT LAKE TERRACE WA 98043
Donn C Costa officer: Executive VP Home Lending 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Joseph C. Adams director, officer: Chief Executive Officer C/O FS BANCORP, INC., 6920 220TH STREET SW, SUITE 300, MOUNTLAKE TERRACE WA 98043
Lisa Cleary officer: Chief Operating Officer 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043
Marina Cofer-wildsmith director C/O FS BANCORP, INC., 6920 220TH STREET SW, SUITE 300, MOUNTLAKE TERRACE WA 98043
Erin Burr officer: CRO, CRA Officer, EVP 6920 220TH STREET SW, MOUNTLAKE TERRACE WA 98043