Which has the lower trailing P/E, ALDF or FSBW?

FSBW has the lower trailing P/E: ALDF trades at 29.98 and FSBW at 10.29. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does ALDF or FSBW pay a bigger dividend?

FSBW pays a dividend (2.59% yield), while ALDF has no payments in the available dividend history.

Is ALDF or FSBW more profitable?

FSBW runs the higher net margin — ALDF at 0.00% versus FSBW at 18.67%.

Aldel Financial II Inc. (ALDF) vs FS Bancorp, Inc. (FSBW)

A side-by-side comparison of Aldel Financial II Inc. and FS Bancorp, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

ALDF

Aldel Financial II Inc.

$324M

$10.84Financial ServicesDelayed quote: Oct 6, 2026, 10:26 AM EDT

FSBW

FS Bancorp, Inc.

$331M

$44.67Financial ServicesDelayed quote: Oct 6, 2026, 10:29 AM EDT

Total return — ALDF vs FSBW

growth of $100 · dividends reinvested · last 2y

ALDF +9.3% (+4.5%/yr)FSBW +2.9% (+1.5%/yr)ALDF compounded faster over this window

ALDF FSBW

ALDF vs FSBW: by the numbers

•FSBW is the larger company ($331M vs $324M market cap).
•FSBW trades at the lower trailing earnings multiple (10.29 vs 29.98 P/E), one valuation lens rather than an overall verdict.
•FSBW is profitable (18.67% net margin) while ALDF runs a net loss (0.00%).
•FSBW pays a dividend (2.59% yield), while ALDF has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	ALDF	FSBW
P/E ratio	29.98	10.29
Forward P/E	N/A	10.29
P/S ratio	N/A	1.85
P/B ratio	1.31	1.04
FCF yield	2.72%	N/A

Profitability

Metric	ALDF	FSBW
Gross margin	0.00%	N/A
Operating margin	0.00%	14.28%
Net margin	0.00%	18.67%
ROE	2.62%	10.46%
ROIC	-0.24%	N/A

FS Bancorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	ALDF	FSBW
Dividend yield	N/A	2.59%
Payout ratio	N/A	26.50%

Growth (annualized)

Metric	ALDF	FSBW
Revenue CAGR (5Y)	N/A	4.56%
EPS CAGR (5Y)	N/A	-1.03%
Total return CAGR (5Y)	N/A	8.32%

Frequently asked

Which has the lower trailing P/E, ALDF or FSBW?: FSBW has the lower trailing P/E: ALDF trades at 29.98 and FSBW at 10.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does ALDF or FSBW pay a bigger dividend?: FSBW pays a dividend (2.59% yield), while ALDF has no payments in the available dividend history.
Is ALDF or FSBW more profitable?: FSBW runs the higher net margin — ALDF at 0.00% versus FSBW at 18.67%.

Go deeper

Full ALDF analysis Full FSBW analysis Interactive comparison tool

Dig into the metrics

Aldel Financial II P/E ratio FS Bancorp P/E ratio FS Bancorp dividend yield Aldel Financial II ROE FS Bancorp ROE Aldel Financial II operating margin FS Bancorp operating margin Aldel Financial II revenue growth FS Bancorp revenue growth Aldel Financial II free cash flow

Aldel Financial II & FS Bancorp appear in these rankings

Highest Dividend Yield Stocks Highest 10-Year Total Return Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.