FS Bancorp Authorizes $5 Million Stock Repurchase Program

FS Bancorp is taking action to return capital to shareholders. The company’s board just approved a new share repurchase program, authorizing up to $5 million in common stock buybacks. The program kicks in no sooner than the third trading day after the July 9 announcement, giving FS Bancorp flexibility to begin purchases once market conditions align.

This isn’t the only repurchasing power the company holds. There’s still approximately $400,000 remaining from a previous buyback plan announced in April 2025. Between the two programs, FS Bancorp is positioned to be active in the market as it sees fit.

These buybacks are part of a broader strategy: maintain financial discipline while delivering value to shareholders. When the company believes its stock is attractively priced, it now has the capacity to move.

FS Bancorp, through its subsidiary 1st Security Bank of Washington, continues to focus on serving local communities while managing capital carefully. This repurchase plan is another example of that measured, responsive approach.