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Fly News Breaks for September 12, 2017
FSBW
Sep 12, 2017 | 09:05 EDT
DA Davidson analyst Jeff Rulis started coverage of FS Bancorp with a $52 price target and a Neutral rating. The analyst calls the bank "a highly profitable franchise," and he says its loan growth is "robust." but he thinks that "rising provision expense, declining mortgage revenue and NIM compression" will cause its profits to decline in upcoming quarters.
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