FS Bancorp (FSBW) Research & Development (2011 - 2026)
FS Bancorp's 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 has reported Research & Development for 16 years, with the latest figure at $1.6 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 22.05% year-over-year to $1.6 million; the trailing twelve-month figure through Mar 2026 stood at $7.4 million (down 13.51% YoY), and the FY2025 full-year result was $7.8 million, down 7.26% from the prior year.
- Research & Development for Q1 2026 stood at $1.6 million, down from $1.8 million in the prior quarter.
- The five-year high for Research & Development was $2.3 million in Q4 2024, with the low at $1.4 million in Q1 2022.
- Average Research & Development over 5 years is $1.8 million, with a median of $1.8 million recorded in 2025.
- Year-over-year, Research & Development soared 50.09% in 2022 and dropped 22.05% in 2026.
- Tracing FSBW's Research & Development over 5 years: stood at $1.7 million in 2022, then grew by 3.59% to $1.8 million in 2023, then rose by 27.95% to $2.3 million in 2024, then fell by 18.03% to $1.8 million in 2025, then slipped by 13.65% to $1.6 million in 2026.
- The last three Research & Development figures came in at $1.6 million (Q1 2026), $1.8 million (Q4 2025), and $1.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 1.10 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 554,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | - |
| 10 | FS Bancorp | 303.50 Mn | 264.24 Mn | - | 1.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 1.31 Mn |
| Dec 31, 2020 | 1.23 Mn |
| Sep 30, 2020 | 1.13 Mn |
| Jun 30, 2020 | 1.05 Mn |
| Mar 31, 2020 | 980,000.00 |
| Dec 31, 2019 | 1.20 Mn |
| Sep 30, 2019 | 1.15 Mn |
| Jun 30, 2019 | 1.34 Mn |
| Mar 31, 2019 | 1.29 Mn |
| Dec 31, 2018 | 926,000.00 |
| Sep 30, 2018 | 625,000.00 |
| Jun 30, 2018 | 679,000.00 |
| Mar 31, 2018 | 641,000.00 |
| Dec 31, 2017 | 710,000.00 |
| Sep 30, 2017 | 651,000.00 |
| Jun 30, 2017 | 593,000.00 |
| Mar 31, 2017 | 568,000.00 |
| Dec 31, 2016 | 558,000.00 |
| Sep 30, 2016 | 537,000.00 |
| Jun 30, 2016 | 557,000.00 |
| Mar 31, 2016 | 481,000.00 |
| Dec 31, 2015 | 441,000.00 |
| Sep 30, 2015 | 380,000.00 |
| Jun 30, 2015 | 393,000.00 |
| Mar 31, 2015 | 359,000.00 |
| Dec 31, 2014 | 397,000.00 |
| Sep 30, 2014 | 331,000.00 |
| Jun 30, 2014 | 300,000.00 |
| Mar 31, 2014 | 287,000.00 |
| Dec 31, 2013 | 288,000.00 |
| Sep 30, 2013 | 285,000.00 |
| Jun 30, 2013 | 266,000.00 |
| Mar 31, 2013 | 266,000.00 |
| Dec 31, 2012 | 293,000.00 |
| Sep 30, 2012 | 254,000.00 |
| Jun 30, 2012 | 275,000.00 |
| Mar 31, 2012 | 233,000.00 |
| Dec 31, 2011 | 238,000.00 |
| Sep 30, 2011 | 234,000.00 |
| Jun 30, 2011 | 210,000.00 |
| Mar 31, 2011 | 207,000.00 |