Is FS Bancorp, Inc. (FSBW) Halal?

NASDAQ Financial Services United States $287M
✗ NOT HALAL
Confidence: 95/100
FS Bancorp, Inc. (FSBW) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
8.9
Forward: 7.4
EPS
$4.29
Dividend Yield
304.0%
Payout: 26.1%
P/B Ratio
0.9
Revenue
$142M
Growth: 6.4%
Beta
0.7
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 32.3%
Net Margin 23.3%
Return on Equity (ROE) 11.1%
Return on Assets (ROA) 1.1%

Cash Flow & Balance Sheet

Operating Cash Flow$51M
Free Cash Flow$49M
Total Debt$355M
Total Assets$3.0B

Price & Trading

Last Close$38.88
50-Day MA$40.63
200-Day MA$40.52
Avg Volume11K
Beta0.7
52-Week Range
$34.61
$44.22

About FS Bancorp, Inc. (FSBW)

CEO
Mr. Joseph C. Adams
Employees
575
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$287M
Currency
USD

FS Bancorp, Inc. operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches in Washington. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit. The company provides one-to-four-family residential first mortgages loans, home equity loan products, commercial business loans, commercial real estate loans, and construction and development loans, as well as consumer loans, which include personal lines of credit, credit cards, automobile, direct home improvement, loans on deposit, and recreational loans. Further, it provides online banking platforms, mobile banking apps, and telephone banking services, as well as cash management services. The company operates full bank service branches and home loan production offices in suburban communities in the greater Puget Sound area, including Snohomish, King, Pierce, Kitsap, Clallam, Jefferson, Grays Harbor, Thurston, and Benton counties; Oregon; and a loan production office in the market area of the Tri-Cities. The company was founded in 1936 and is headquartered in Mountlake Terrace, Washington.

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Frequently Asked Questions

Is FS Bancorp, Inc. (FSBW) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FS Bancorp, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is FS Bancorp, Inc.'s debt ratio?

FS Bancorp, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are FS Bancorp, Inc.'s key financial metrics?

FS Bancorp, Inc. has a market capitalization of $287M, trailing P/E ratio of 8.9, and revenue of $142M. Return on equity stands at 11.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.