FS Bancorp (FSBW) vs Norwood Financial (NWFL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Norwood Financial (NWFL) has outperformed FS Bancorp (FSBW) over the past year, gaining 33.3% versus a gain of 14.0%. Over five years, NWFL leads with a +30.8% price change compared with +29.8% for FSBW. Norwood Financial is the larger company by market cap ($365.5 million vs $346.7 million), about 1.1 times the size.
On valuation, Norwood Financial trades at a lower forward P/E (8.7x vs 9.4x for FS Bancorp). Norwood Financial offers the higher dividend yield (3.79% vs 2.59%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FSBW | NWFL |
|---|---|---|
| Share price | $44.10 | $33.53 |
| Market cap | $346.72M | $365.55M |
| 1-day change | -0.50% | -1.00% |
| YTD return | +7.12% | +19.54% |
| 1-year return | +13.95% | +33.27% |
| 5-year return | +29.78% | +30.82% |
| P/E ratio (TTM) | 10.21 | 11.60 |
| Forward P/E | 9.45 | 8.65 |
| EPS (TTM) | $4.32 | $2.89 |
| Dividend yield | 2.59% | 3.79% |
| Annual dividend | $1.14 | $1.27 |
| 52-week high | $45.85 | $35.48 |
| 52-week low | $36.66 | $23.82 |
| Distance from 52-week high | -3.82% | -5.50% |
| Analyst consensus | hold | none |
| Avg. price target upside | +2.04% | +8.86% |
| Average volume | 24.34K | 34.73K |
| Shares outstanding | 7.86M | 10.90M |
| Employees | 593 | 275 |
| Sector | Finance | Finance |
| Industry | Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NWFL has outperformed FSBW by 19.3 percentage points over the past year.
- Norwood Financial offers a meaningfully higher dividend yield (3.79% vs 2.59%).
About FS Bancorp
FSBW stock →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.
Finance · Banks · 593 employees
About Norwood Financial
NWFL stock →Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services in the United States.
Finance · Major Banks · 275 employees
FSBW vs NWFL FAQ
Which is bigger, FS Bancorp or Norwood Financial?
Norwood Financial (NWFL) is larger, with a market capitalization of $365.55M compared with $346.72M for FS Bancorp (FSBW).
Which stock has performed better over the past year, FSBW or NWFL?
NWFL returned +33.27% over the past 12 months, compared with +13.95% for FSBW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FSBW or NWFL?
FSBW has the lower trailing P/E at 10.2, versus 11.6 for NWFL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, FS Bancorp or Norwood Financial?
Norwood Financial has the higher yield at 3.79%, compared with 2.59% for FS Bancorp.
Are FS Bancorp and Norwood Financial in the same industry?
Both are in the Finance sector, but in different industries: Banks for FS Bancorp and Major Banks for Norwood Financial.