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FS Bancorp, Inc. Increases Quarterly Cash Dividend and Authorizes Additional Share Repurchases

Jul 12, 2024•almost 2 years ago

Contract Type

agreement

Mountlake TerraceBanking

Description

FS Bancorp, Inc. (NASDAQ: FSBW) announced an increase in the quarterly cash dividend to $0.27 per quarter from $0.26 per quarter, a 3.8% increase. In addition, the Board of Directors authorized an additional repurchase of up to $5.0 million in shares of the Company’s outstanding shares of common stock over a 12-month period until July 31, 2025.

Company Information

Company

1st Security Bank of Washington

Location

Mountlake Terrace, Washington, United States

About

1st Security Bank of Washington is a community-driven financial institution headquartered in Mountlake Terrace, Washington, serving customers across multiple counties since 1936. With 21 neighborhood branches, the bank values relationships over size, offering personalized banking services and specialized lending programs for home buyers, contractors, builders, mortgage companies, and boat dealerships to support and strengthen local communities.

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