FS Bancorp (FSBW) Research & Development (2011 - 2026)

FS Bancorp's (FSBW) quarterly Research & Development came in at $1.6 million in Q1 2026, down 22.05% year-on-year from $2.0 million in Q1 2025, and down 13.65% quarter-over-quarter from $1.8 million in Q4 2025.

FS Bancorp (FSBW) Research & Development (2011 - 2026) Analysis & Trends

FS Bancorp's Research & Development history runs 16 years deep, the most recent figure standing at $1.6 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 22.05% year-over-year to $1.6 million in Q1 2026; TTM through Mar 2026 was $7.4 million, a 13.51% decrease from a year earlier, with the FY2025 full-year figure at $7.8 million, down 7.26% from the prior year.
  • Research & Development eased to $1.6 million in Q1 2026 per FSBW's latest filing, from $1.8 million in the prior quarter.
  • Across five years, Research & Development topped out at $2.3 million in Q4 2024 and bottomed at $1.4 million in Q1 2022.
  • The 5-year median for Research & Development is $1.8 million (2025), against an average of $1.8 million.
  • Across the five-year window, Research & Development soared 50.09% in 2022 and dropped 22.05% in 2026, its largest moves.
  • Year by year, Research & Development stood at $1.7 million in 2022, then climbed by 3.59% to $1.8 million in 2023, then increased by 27.95% to $2.3 million in 2024, then declined by 18.03% to $1.8 million in 2025, then decreased by 13.65% to $1.6 million in 2026.
  • Per Business Quant, the three latest FSBW Research & Development figures stand at $1.6 million (Q1 2026), $1.8 million (Q4 2025), and $1.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - 1.10 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 554,000.00
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - -
9 Us Bancorp 99.51 Bn 99.51 Bn - 573.00 Mn
10 FS Bancorp 324.00 Mn 285.30 Mn - 1.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.59 Mn
Dec 31, 2025 1.85 Mn
Sep 30, 2025 1.78 Mn
Jun 30, 2025 2.14 Mn
Mar 31, 2025 2.05 Mn
Dec 31, 2024 2.25 Mn
Sep 30, 2024 2.16 Mn
Jun 30, 2024 2.06 Mn
Mar 31, 2024 1.96 Mn
Dec 31, 2023 1.76 Mn
Sep 30, 2023 1.84 Mn
Jun 30, 2023 1.68 Mn
Mar 31, 2023 1.57 Mn
Dec 31, 2022 1.70 Mn
Sep 30, 2022 1.55 Mn
Jun 30, 2022 1.46 Mn
Mar 31, 2022 1.36 Mn
Dec 31, 2021 1.13 Mn
Sep 30, 2021 1.31 Mn
Jun 30, 2021 1.20 Mn