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

FSBW has the lower trailing P/E: FSBW trades at 10.21 and NPAC at 43.54. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does FSBW or NPAC pay a bigger dividend?

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

Is FSBW or NPAC more profitable?

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

FS Bancorp, Inc. (FSBW) vs New Providence Acquisition Corp. III (NPAC)

A side-by-side comparison of FS Bancorp, Inc. and New Providence Acquisition Corp. III 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.

FSBW

FS Bancorp, Inc.

$329M

$44.33Financial ServicesDelayed quote: Oct 6, 2026, 2:20 PM EDT

NPAC

New Providence Acquisition Corp. III

$326M

$10.54Financial ServicesDelayed quote: Oct 6, 2026, 1:44 PM EDT

Total return — FSBW vs NPAC

growth of $100 · dividends reinvested · last 1y

FSBW +14.8% (+14.8%/yr)NPAC +4.5% (+4.5%/yr)FSBW compounded faster over this window

FSBW NPAC

FSBW vs NPAC: by the numbers

•FSBW is the larger company ($329M vs $326M market cap).
•FSBW trades at the lower trailing earnings multiple (10.21 vs 43.54 P/E), one valuation lens rather than an overall verdict.
•FSBW is profitable (18.67% net margin) while NPAC runs a net loss (0.00%).
•FSBW pays a dividend (2.59% yield), while NPAC has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	FSBW	NPAC
P/E ratio	10.21	43.54
Forward P/E	10.21	N/A
P/S ratio	1.84	N/A
P/B ratio	1.03	N/A

Profitability

Metric	FSBW	NPAC
Gross margin	N/A	0.00%
Operating margin	14.28%	0.00%
Net margin	18.67%	0.00%
ROE	10.46%	N/A
ROIC	N/A	-0.74%

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	FSBW	NPAC
Dividend yield	2.59%	N/A
Payout ratio	26.50%	N/A

Growth (annualized)

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

Frequently asked

Which has the lower trailing P/E, FSBW or NPAC?: FSBW has the lower trailing P/E: FSBW trades at 10.21 and NPAC at 43.54. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does FSBW or NPAC pay a bigger dividend?: FSBW pays a dividend (2.59% yield), while NPAC has no payments in the available dividend history.
Is FSBW or NPAC more profitable?: FSBW runs the higher net margin — FSBW at 18.67% versus NPAC at 0.00%.

Go deeper

Full FSBW analysis Full NPAC analysis Interactive comparison tool

Dig into the metrics

FS Bancorp P/E ratio New Providence Acquisition Corp. III P/E ratio FS Bancorp dividend yield FS Bancorp ROE New Providence Acquisition Corp. III ROE FS Bancorp operating margin New Providence Acquisition Corp. III operating margin FS Bancorp revenue growth New Providence Acquisition Corp. III revenue growth New Providence Acquisition Corp. III free cash flow

FS Bancorp & New Providence Acquisition Corp. III 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.