Sound Financial Bancorp

Sound Financial Bancorp, Inc. is a bank holding company, which engages in the provision of traditional banking and other financial services. It involves attracting retail and commercial deposits from the general public and local governments and investing those funds, along with borrowed funds, in loans secured by first and second mortgages on one- to four-family residences, commercial and multifamily real estate, construction and land, consumer, and commercial business loans. The company was founded in 2008 and is headquartered in Seattle, WA.

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SEATTLE, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (NASDAQ:SFBC) (the “Company”), the parent holding company of Sound Community Bank, today announced that its Board of Directors approved a new stock repurchase program, authorizing the Company to purchase up to $1.5 million of the Company's issued and outstanding common stock over a period of 12 months expiring on January 26, 2025. Under the Company's existing stock repurchase program, scheduled to expire on January 31, 2024, the Company has repurchased 107,735 shares of common stock at an aggregate cost of approximately $4.0 million.

Sound Financial Bancorp, Inc. Announces Adoption of New Stock Repurchase Program

SEATTLE, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (the "Company") (Nasdaq: SFBC), the holding company for Sound Community Bank (the "Bank"), today reported net income of $1.2 million for the quarter ended December 31, 2023, or $0.47 diluted earnings per share, as compared to net income of $1.2 million, or $0.45 diluted earnings per share, for the quarter ended September 30, 2023, and $2.9 million, or $1.12 diluted earnings per share, for the quarter ended December 31, 2022. The Company also announced today that its Board of Directors declared a cash dividend on Company common stock of $0.19 per share, payable on February 21, 2024 to stockholders of record as of the close of business on February 7, 2024.

Sound Financial Bancorp, Inc. Q4 2023 Results

SEATTLE, Jan. 22, 2024 (GLOBE NEWSWIRE) -- The Federal Reserve Bank of San Francisco elected Laura Lee (Laurie) Stewart, president and chief executive officer of Sound Community Bank / Sound Financial Bancorp, to its Head Office Board of Directors, effective January 1, 2024.

Stewart Elected to Serve on the Head Office Board of Directors for the Federal Reserve Bank of San Francisco

SEATTLE, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (the “Company”) (Nasdaq: SFBC), the holding company for Sound Community Bank (the “Bank”), today reported net income of $1.2 million for the quarter ended September 30, 2023, or $0.45 diluted earnings per share, as compared to net income of $2.9 million, or $1.11 diluted earnings per share, for the quarter ended June 30, 2023, and $2.5 million, or $0.97 diluted earnings per share, for the quarter ended September 30, 2022. The Company also announced today that its Board of Directors declared a cash dividend on Company common stock of $0.19 per share, payable on November 22, 2023 to stockholders of record as of the close of business on November 8, 2023.

Sound Financial Bancorp, Inc. Q3 2023 Results

SEATTLE, Sept. 28, 2023 (GLOBE NEWSWIRE) -- American Banker Magazine named Laurie Stewart, President and CEO of Sound Community Bank, as one of 2023's “Most Powerful Women to Watch.”

Laurie Stewart Named One of American Bankers “Most Powerful Women to Watch”

SEATTLE, July 25, 2023 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (NASDAQ:SFBC) (the “Company”), the parent holding company of Sound Community Bank, today announced that its Board of Directors extended the Company's current stock repurchase program, scheduled to expire on July 31, 2023, to January 31, 2024. Since the program's inception, the Company has repurchased 82,534 shares of common stock at an aggregate cost of $3.1 million, leaving approximately $0.9 million available for future stock repurchases.

Sound Financial Bancorp, Inc. Announces Extension of Stock Repurchase Program

SEATTLE, July 25, 2023 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (the "Company") (Nasdaq: SFBC), the holding company for Sound Community Bank (the "Bank"), today reported net income of $2.9 million for the quarter ended June 30, 2023, or $1.11 diluted earnings per share, as compared to net income of $2.2 million, or $0.83 diluted earnings per share, for the quarter ended March 31, 2023, and $1.6 million, or $0.61 diluted earnings per share, for the quarter ended June 30, 2022. The Company also announced today that its Board of Directors declared a cash dividend on Company common stock of $0.19 per share, payable on August 23, 2023 to stockholders of record as of the close of business on August 9, 2023.

Sound Financial Bancorp, Inc. Q2 2023 Results

SEATTLE, April 24, 2023 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the "Company") for Sound Community Bank (the "Bank"), today reported net income of $2.2 million for the quarter ended March 31, 2023, or $0.83 diluted earnings per share, as compared to net income of $2.9 million, or $1.12 diluted earnings per share, for the quarter ended December 31, 2022, and $1.7 million, or $0.65 diluted earnings per share, for the quarter ended March 31, 2022. The Company also announced today that its Board of Directors declared a cash dividend on Company common stock of $0.19 per share, an increase from the Company's prior quarterly dividend of $0.17 per share, payable on May 24, 2023 to stockholders of record as of the close of business on May 10, 2023.

Sound Financial Bancorp, Inc. Q1 2023 Results

SEATTLE, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (NASDAQ: SFBC) (the “Company”) announced today that the Company's annual meeting of shareholders will be held on Wednesday, May 31, 2023. The voting record date for shareholders entitled to vote at the annual meeting will be March 31, 2023.

Sound Financial Bancorp, Inc. Announces Annual Shareholders Meeting Date

SEATTLE, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (NASDAQ:SFBC) (the “Company”), the parent holding company of Sound Community Bank, today announced that its Board of Directors extended the Company's current stock repurchase program, scheduled to expire on January 31, 2023, to July 31, 2023. Since the program's inception, the Company has repurchased 49,700 shares of common stock at an aggregate cost of $1.9 million, leaving approximately $2.1 million available for future stock repurchases.

Sound Financial Bancorp, Inc. Announces Increase and Extension of Stock Repurchase Program

SEATTLE, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the "Company") for Sound Community Bank (the "Bank"), today reported net income of $2.9 million for the quarter ended December 31, 2022, or $1.12 diluted earnings per share, as compared to net income of $2.5 million, or $0.97 diluted earnings per share, for the quarter ended September 30, 2022, and $1.9 million, or $0.70 diluted earnings per share, for the quarter ended December 31, 2021. The Company also announced today that its Board of Directors declared a cash dividend on Company common stock of $0.17 per share, payable on February 23, 2023 to stockholders of record as of the close of business on February 9, 2023.

Sound Financial Bancorp, Inc. Q4 2022 Results

SEATTLE, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the "Company") for Sound Community Bank (the "Bank"), today reported net income of $2.5 million for the quarter ended September 30, 2022, or $0.97 diluted earnings per share, as compared to net income of $1.6 million, or $0.61 diluted earnings per share, for the quarter ended June 30, 2022, and $2.6 million, or $0.98 diluted earnings per share, for the quarter ended September 30, 2021. The Company also announced today that the Board of Directors declared a cash dividend on Company common stock of $0.17 per share, payable on November 23, 2022 to stockholders of record as of the close of business on November 9, 2022.

Sound Financial Bancorp, Inc. Q3 2022 Results

The Cities for Financial Empowerment Fund's Bank On National Account Standards Certification of NAVIGATOR indicates that it meets over 25 features for safe and affordable consumer transaction accounts. The Cities for Financial Empowerment Fund's Bank On National Account Standards Certification of NAVIGATOR indicates that it meets over 25 features for safe and affordable consumer transaction accounts.

Sound Community Bank Develops New Navigator Deposit Account and Receives National Certification by Banking Advocates as Safe, Affordable Account

Laurie Stewart, President & CEO, has been named one ofThe Most Powerful Women in Banking.And Sound Community Bank receives a Top Team honor as part of American Banker's 2022The Most Powerful Women in Banking™ program.

Sound Community Bank Earns Top Team Award and Recognizes Laurie Stewart, President/CEO, as Part of American Banker's Most Powerful Women in Banking Program

Sound Financial Bancorp, Inc. Q2 2022 Results

SEATTLE, May 26, 2022 (GLOBE NEWSWIRE) -- Sound Community Bank is pleased to announce it placed 191st on American Banker magazine's list of the Top 200 Publicly Traded Community Banks in the nation. Ranking was based on a three-year average return on equity as of December 31, 2021.

Sound Community Bank Named Top Performing Bank and Top Philanthropist

SEATTLE, April 26, 2022 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (NASDAQ:SFBC) (the “Company”), the parent holding company of Sound Community Bank, today announced that its Board of Directors approved an extension of its previously announced stock repurchase program authorizing the Company to repurchase up to $2.0 million of its outstanding shares of common stock during the period ending October 29, 2022. The new repurchase plan extends the October 2021 plan, which authorized the repurchase of up to $2.0 million of the Company's outstanding shares of common stock through April 25, 2022, of which approximately $352 thousand dollars, or 8,668 shares, had been repurchased as of April 25, 2022. Under the plan, the Company may purchase common stock from time to time in the open market, based on prevailing market prices, or in privately negotiated transactions, or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.

Sound Financial Bancorp, Inc. Announces Stock Repurchase Program

SEATTLE, April 26, 2022 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the "Company") for Sound Community Bank (the "Bank"), today reported net income of $1.7 million for the quarter ended March 31, 2022, or $0.65 diluted earnings per share, as compared to net income of $1.9 million, or $0.70 diluted earnings per share for the quarter ended December 31, 2021, and $2.5 million, or $0.93 diluted earnings per share for the quarter ended March 31, 2021. The Company also announced today that the Board of Directors has declared a cash dividend on Company common stock of $0.17 per share, payable on May 24, 2022 to stockholders of record as of the close of business on May 10, 2022.

Sound Financial Bancorp, Inc. Q1 2022 Results

SEATTLE, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (NASDAQ: SFBC) the holding company (the “Company”) for Sound Community Bank (the "Bank"), announced today that the Board of Directors has declared on Company common stock a regular quarterly cash dividend of $0.17 per share and a special cash dividend of $0.10 per share. The dividends will be payable on February 24, 2022 to stockholders of record as of the close of business on February 10, 2022.

Sound Financial Bancorp, Inc. Announces Regular Quarterly Cash Dividend of $0.17 per share and Declares Special Cash Dividend of $0.10 per share

SEATTLE, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the "Company") for Sound Community Bank (the "Bank"), today reported net income of $1.9 million for the quarter ended December 31, 2021, or $0.70 diluted earnings per share, as compared to net income of $2.6 million, or $0.98 diluted earnings per share for the quarter ended September 30, 2021, and $3.5 million, or $1.34 diluted earnings per share for the quarter ended December 31, 2020. Net income totaled $9.2 million for the year ended December 31, 2021, or $3.46 diluted earnings per share, as compared to net income of $8.9 million, or $3.42 diluted earnings per share for the prior year.

Sound Financial Bancorp, Inc. Q4 and Year End 2021 Results

SEATTLE, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the "Company") for Sound Community Bank (the "Bank"), today reported net income of $2.6 million for the quarter ended September 30, 2021, or $0.98 diluted earnings per share, as compared to net income of $2.3 million, or $0.85 diluted earnings per share for the quarter ended June 30, 2021, and $2.3 million, or $0.90 diluted earnings per share for the quarter ended September 30, 2020. The Company also announced today that the Board of Directors has declared a cash dividend on Company common stock of $0.17 per share, payable on November 24, 2021 to stockholders of record as of the close of business on November 10, 2021.

Sound Financial Bancorp, Inc. Q3 2021 Results

SEATTLE, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank is pleased to announce Laurie Stewart, President and CEO, was named one of the 2021 Most Powerful Women in Banking by American Banker.

American Banker Announces Laurie Stewart as One of American Banker's 2021 MOST POWERFUL WOMEN

SEATTLE, July 28, 2021 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the "Company") for Sound Community Bank (the "Bank"), today reported net income of $2.3 million for the quarter ended June 30, 2021, or $0.85 diluted earnings per share, as compared to net income of $2.5 million, or $0.93 diluted earnings per share for the quarter ended March 31, 2021, and $2.1 million, or $0.82 diluted earnings per share for the quarter ended June 30, 2020. The Company also announced today that the Board of Directors has declared a cash dividend on Company common stock of $0.17 per share, payable on August 24, 2021 to stockholders of record as of the close of business on August 10, 2021.

Sound Financial Bancorp, Inc. Q2 2021 Results

SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome Jon Kacirk, Director of Banking Operations.

Sound Community Bank Welcomes New Director of Banking Operations

SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome new Credit Officer and new Commercial Loan Officer.

News for Sound Financial Bancorp Stock (SFBC)