FS Bancorp (FSBW) Debt to Equity (2011 - 2026)

FS Bancorp's Debt to Equity history runs 16 years deep, the most recent figure standing at $0.69 for Q1 2026.

• In Q1 2026, Debt to Equity rose 74.16% year-over-year to $0.69; the TTM figure through Mar 2026 stood at $0.69 (up 74.16% YoY), while the FY2025 annual figure was $0.58, down 51.83% from the prior year.
• Debt to Equity was $0.69 for Q1 2026 at FS Bancorp, up from $0.58 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $1.21 in Q4 2024 to a low of $0.03 in Q1 2023.
• Historically, Debt to Equity has averaged $0.67 across 5 years, with a median of $0.69 in 2023.
• The sharpest annual moves came in 2023 and 2024: Debt to Equity plunged 79.33% in 2023, then soared 1979.83% in 2024.
• A 5-year view of Debt to Equity shows it stood at $1.02 in 2022, then tumbled by 46.76% to $0.54 in 2023, then soared by 122.59% to $1.21 in 2024, then slumped by 51.83% to $0.58 in 2025, then grew by 18.82% to $0.69 in 2026.
• The last three Debt to Equity figures came in at $0.69 (Q1 2026), $0.58 (Q4 2025), and $0.6 (Q3 2025), per Business Quant data.