SFBC on Nasdaq

Sound Financial Bancorp, Inc.

Sound Financial Bancorp, Inc. is an American savings institution company, incorporated in Maryland.1 It is headquartered in Seattle, Washington.1 Its shares trade on Nasdaq under the symbol SFBC.1

Price unavailable

Last updated Oct 20, 2026.

Overview

Compare with another stock.

  • TickerSFBC on Nasdaq1
  • IndustrySavings Institution, Federally Chartered1
  • HeadquartersSeattle, Washington1
  • Incorporated inMD2
  • Business address2400 3Rd Avenue, Suite 150, Seattle, Wa 981212
  • Filer categoryNon-accelerated filer, Smaller reporting company2

See how the biggest companies compare on our leaderboards

Certain matters discussed in this Form 10-K constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to our financial condition, results of operations, plans, objectives, future performance or business. Forward-looking statements are not statements of historical fact but are based on certain assumptions and are generally identified by use of the words "believes," "expects," "anticipates," "estimates," "forecasts," "intends," "plans," "targets," "potentially," "probably," "projects," "outlook" or similar expressions, or future or conditional verbs such as "may," "will," "should," "would" and "could." Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, assumptions and statements about, among other things, expectations of the business environment in…3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Debit/ATM Interchange Fees brought in 61% of the revenue Sound Financial Bancorp, Inc. broke down this way in fiscal 2025.

  1. Debit/ATM Interchange Fees$1.5M461%up 11% from 2024
  2. Transaction-based and Overdraft Service Charges$451.0K418%down 6% from 2024
  3. Account Maintenance Fees$401.0K416%up 26% from 2024
  4. Credit Card and Interchange Fees$112.0K44%up 35% from 2024
Products and services by year
Products and services20242025
Debit/ATM Interchange Fees$1.4M$1.5M
Transaction-based and Overdraft Service Charges$482.0K$451.0K
Account Maintenance Fees$317.0K$401.0K
Credit Card and Interchange Fees$83.0K$112.0K

Financial statements

Net income567894$7.2M in 2025+7% since 2019
0$2.5M$5.0M$7.5M$10.0M2019: $6.7M$6.7M20192020: $8.9M$8.9M2020+34%2021: $9.2M$9.2M2021+2%2022: $8.8M$8.8M2022−4%2023: $7.4M$7.4M2023−16%2024: $4.6M$4.6M2024−38%2025: $7.2M$7.2M2025+54%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Loans, including fees$53.0M$50.5M
Interest and dividends on investments, cash and cash equivalents$4.6M$6.9M
Total interest income$57.6M$57.4M
Deposits$20.9M$24.1M
Borrowings$1.0M$1.6M
Subordinated notes$701.0K$672.0K
Total interest expense$22.6M$26.4M
Net interest income$34.9M$31.0M
PROVISION FOR (RELEASE OF) CREDIT LOSSES$127.0K-$120.0K
Net interest income after provision for (release of) credit losses$34.8M$31.1M
Service charges and fee income$2.7M$2.6M
Earnings on BOLI$837.0K$625.0K
Mortgage servicing income$1.0M$1.1M
Fair value adjustment on MSRs-$711.0K-$4.0K
Net gain on sale of loans$260.0K$258.0K
Other income-$137.0K$38.0K
Total noninterest income$4.0M$4.7M
Salaries and benefits$16.7M$17.6M
Operations$6.0M$5.9M
Regulatory assessments$610.0K$787.0K
Occupancy$1.7M$1.7M
Data processing$5.0M$4.2M
Net loss (gain) and expenses on OREO and repossessed assets$37.0K-$31.0K
Total noninterest expense$30.1M$30.1M
Income before provision for income taxes$8.7M$5.6M
Provision for income taxes$1.5M$1.0M
Net income$7.2M$4.6M
Basic (in dollars per share)$2.79$1.81
Diluted (in dollars per share)$2.77$1.80
Basic (in shares)2.6M shares2.5M shares
Diluted (in shares)2.6M shares2.6M shares

Compare Sound Financial Bancorp, Inc. with another company

Corporate structure

Sound Financial Bancorp, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Sound Financial Bancorp, Inc.

  • AllianceBernstein Filed SCHEDULE 13G/A on Sound Financial Bancorp, Inc., latest Aug 14, 2026 (2 filings since Feb 17, 2026)
  • FJ Capital Management LLC Filed SCHEDULE 13G/A on Sound Financial Bancorp, Inc., latest Nov 13, 2024 (2 filings since Feb 8, 2023)
  • Joseph Stilwell Filed SC 13D/A on Sound Financial Bancorp, Inc., latest Feb 15, 2024 (5 filings since Jul 5, 2022)
  • M3 PARTNERS LP Filed SC 13G/A on Sound Financial Bancorp, Inc., latest Feb 14, 2024 (3 filings since May 31, 2022)
  • WASATCH ADVISORS LP Filed SC 13G/A on Sound Financial Bancorp, Inc., latest Jul 5, 2022 (2 filings since Feb 11, 2022)
  • Sound Financial Bancorp, Inc. Seattle, Washington

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Sound Financial Bancorp, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$14.1M4 Dec 31, 2025$14.6M4 Dec 31, 2024−3.9%
Accumulated depreciation$9.8M4 Dec 31, 2025$9.9M4 Dec 31, 2024−1.1%
Property and equipment, net$4.2M4 Dec 31, 2025$4.7M4 Dec 31, 2024−9.8%
Finance-lease assets$104.0K4 Dec 31, 2025$04 Dec 31, 2024
Operating-lease assets (leased space)$3.3M4 Dec 31, 2025$3.7M4 Dec 31, 2024−10.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$138.5M4 Dec 31, 2025$43.6M4 Dec 31, 2024+217.3%
Debt securities available for sale$7.7M4 Dec 31, 2025$7.8M4 Dec 31, 2024−1.2%
Debt securities held to maturity$1.9M4 Dec 31, 2025$2.1M4 Dec 31, 2024−11.2%
Loans, net of allowance$896.9M4 Dec 31, 2025$891.7M4 Dec 31, 2024+0.6%
Deposits held (banks)$948.9M4 Dec 31, 2025$837.8M4 Dec 31, 2024+13.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$777.0K4 Dec 31, 2025$777.0K4 Dec 31, 20240%

Properties, in its own words

We operate in the Seattle MSA, which includes King County (which includes the city of Seattle), Pierce County and Snohomish County in the Puget Sound region. We also operate in Clallam and Jefferson Counties on the North Olympic Peninsula of Washington. We serve these markets through our headquarters in Seattle and eight branch offices, four located in the Seattle MSA, three in Clallam County and one in Jefferson County. We have provided notice that the Tacoma branch, located in the Seattle MSA (Pierce County), will close in April 2026 as part of ongoing strategic consolidation efforts. We also have a loan production office in the Madison Park neighborhood of Seattle.

Six of our nine offices, including our headquarters, are leased, and each of the leases include renewal options, with the obligation to cover property taxes and operating expenses. Our total rental expense was $1.1 million for both the year ended December 31, 2025 and the year ended December 31, 2024. The aggregate net book value of our land, buildings, leasehold improvements, furniture and equipment was $4.2 million at December 31, 2025. See also "Note 7—Premises and Equipment" in the Notes to Consolidated Financial Statements contained in "Part II. Item 8. Financial Statements and Supplementary Data" of this report on Form 10-K. In the opinion of management, our existing facilities are adequate and suitable for our current needs. We may consider opening additional banking offices in subsequent years to enhance service to existing clients and attract new ones; however, we have no current plans to open any new branches.

The rest of Item 2

We maintain depositor and borrower client data on in-house servers, in the cloud and within a service bureau environment, utilizing a telecommunications network, portions of which are leased. Management has a disaster recovery plan in place that encompasses both the data processing system and the broader operations of our organization. This plan is designed to ensure the resilience and continuity of our data management and operational capabilities in the event of unforeseen disruptions or emergencies.

Item 2 of the 10-K filed Mar 18, 2026.3

Leadership

Who has led Sound Financial Bancorp, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Laura Lee Stewart2012–now

President

  1. Laura Lee Stewart2012–2025
  2. Wes Ochs2025–now

Chief financial officer

  1. Matthew P. Deines2012–2018
  2. Daphne Kelley2018–2021
  3. Wes Ochs2022–now

Chief operating officer

  1. Heidi Sexton2018–now
201520202025
Board members and other officers (18)

Timeline

  1. Jul 29, 20268-K Results of operations; Other events35
  2. May 28, 20268-K Shareholder vote36
  3. Apr 28, 20268-K Results of operations; Other events37
  4. Feb 13, 20268-K Other events38
  5. Jan 28, 20268-K Results of operations; Other events39
  6. Oct 28, 20258-K Results of operations; Other events40
  7. Sep 19, 20258-K Executive or director change41
  8. Jul 29, 20258-K Results of operations; Other events42
  9. Jun 5, 20258-K Change of auditor43
  10. May 28, 20258-K Shareholder vote44
  11. Apr 30, 20258-K Results of operations; Other events45
  12. Feb 14, 20258-K Other events46
  13. Aug 21, 2012New chief executive Laura Lee Stewart becomes CEO12

Calendar

Coming up

  1. Oct 27, 2026Reports results for the quarter ending Sep/202647

When it reported results

  1. Jul 29, 2026Reported quarterly or annual results35
  2. Apr 28, 2026Reported quarterly or annual results37
  3. Jan 28, 2026Reported quarterly or annual results39
  4. Oct 28, 2025Reported quarterly or annual results40
  5. Jul 29, 2025Reported quarterly or annual results42
  6. Apr 30, 2025Reported quarterly or annual results45
  7. Jan 30, 2025Reported quarterly or annual results48
  8. Oct 31, 2024Reported quarterly or annual results49

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

253 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 44 major events, 150 insider forms, 19 large holders, 20 other. The latest 20:

  1. Sep 30, 20264 EDGAR
  2. Aug 25, 20264 EDGAR
  3. Aug 14, 2026SCHEDULE 13G/A EDGAR
  4. Aug 10, 202610-Q EDGAR
  5. Jul 29, 20268-K EDGAR
  6. Jun 30, 20264 EDGAR
  7. Jun 11, 20264 EDGAR
  8. May 28, 20268-K EDGAR
  9. May 12, 202610-Q EDGAR
  10. Apr 28, 20268-K EDGAR
  11. Apr 15, 2026ARS EDGAR
  12. Apr 15, 2026DEFA14A EDGAR
  13. Apr 15, 2026DEF 14A EDGAR
  14. Mar 31, 20264 EDGAR
  15. Mar 18, 202610-K EDGAR
  16. Feb 17, 2026SCHEDULE 13G EDGAR
  17. Feb 13, 20268-K EDGAR
  18. Jan 28, 20268-K EDGAR
  19. Jan 23, 20264/A EDGAR
  20. Jan 23, 20263/A EDGAR

The 253 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

103 open-market trades by officers, directors and large owners since October 2021: 71 buys and 32 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 30, 2026Stewart Laura LeeChief Executive OfficerSale900$45.99$41.4KForm 4
Jun 30, 2026Stewart Laura LeeChief Executive OfficerSale900$42.60$38.3KForm 4
Mar 31, 2026Stewart Laura LeeChief Executive OfficerSale900$44.13$39.7KForm 4
Nov 12, 2024Haddad David S JrDirectorSale356$53.78$19.1KForm 4
Nov 8, 2024Sweeney James EDirectorSale592$52.57$31.1KForm 4
Nov 8, 2024Haddad David S JrDirectorSale41$53.75$2.2KForm 4
Nov 7, 2024Sweeney James EDirectorSale239$52.42$12.5KForm 4
Nov 6, 2024Sweeney James EDirectorSale533$53.25$28.4KForm 4
Nov 5, 2024Haddad David S JrDirectorSale3$54.04$162Form 4
Nov 5, 2024Sweeney James EDirectorSale78$53.58$4.2KForm 4
Nov 4, 2024Sweeney James EDirectorSale1,358$53.76$73.0KForm 4
Sep 9, 2024Sweeney James EDirectorSale200$53.80$10.8KForm 4
Aug 12, 2024Carney Robert FDirectorSale925$45.00$41.6KForm 4
May 14, 2024Haddad David S JrDirectorSale564$39.30$22.2KForm 4
May 9, 2024Haddad David S JrDirectorSale236$39.70$9.4KForm 4
Feb 1, 2024STILWELL JOSEPH10% ownerBuy1,303$39.00$50.8KForm 4
Jan 3, 2024Stilwell Value Partners VII, L.P.10% ownerBuy500$39.43$19.7KForm 4
Jan 2, 2024Stilwell Activist Investments, L.P.10% ownerBuy238$39.00$9.3KForm 4
Dec 29, 2023Stilwell Value LLC10% ownerBuy404$39.00$15.8KForm 4
Dec 28, 2023Stilwell Value LLC10% ownerBuy7$38.75$271Form 4

All 103 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Laura Lee StewartCEO76$533.3K$884.4K55
2025Wes OchsPresident and CFO$326.0K$552.6K55
2025Heidi SextonEVP/COO$315.1K$518.5K55
2024Laura Lee StewartCEO76$515.0K$1.0M55
2024Wes OchsPresident and CFO$304.0K$567.8K55
2024Heidi SextonEVP/COO$304.0K$548.0K55

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 43. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Stilwell Value LLC410,019$17.7M10.1%No change
Alliancebernstein L.P.215,780$9.4M0.0%+35,909
Graham Capital Wealth Management, LLC113,257$4.9M3.8%+4,641
Vanguard Capital Management LLC95,890$4.1M0.0%−7,266
Kennedy Capital Management LLC51,743$2.2M0.0%−622
BlackRock, Inc.37,496$1.6M0.0%−63,802
Pacific Sage Partners, LLC36,191$1.6M0.2%No change
Oppenheimer & Close, LLC32,645$1.4M0.9%No change
Geode Capital Management, LLC23,720$1.0M0.0%−19,545
Dimensional Fund Advisors LP19,968$860.8K0.0%+345
Millennium Management LLC19,532$842.0K0.0%New
Goldman Sachs Group Inc16,619$716.4K0.0%+2,587
Financial Insights, Inc.14,897$642.2K0.2%No change
Vanguard Fiduciary Trust Co10,527$453.8K0.0%−744
UBS Group AG10,071$434.2K0.0%+9,355
Pinnacle Holdings, LLC7,139$307.8K0.1%−41
Bridgeway Capital Management, LLC6,450$278.1K0.0%No change
Empowered Funds, LLC6,450$278.1K0.0%No change
Renaissance Technologies LLC6,000$258.7K0.0%+325
State Street Corp5,625$242.5K0.0%−16,230
Morgan Stanley5,190$223.8K0.0%−673
Wellington Management Group Llp5,169$222.8K0.0%No change
Northern Trust Corp4,748$204.7K0.0%−12,462
Russell Investments Group, Ltd.4,191$180.7K0.0%+1,316
Barclays PLC2,996$129.2K0.0%−166

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Sound Financial Bancorp, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSound Financial Bancorp, Inc.1
  • CIK0001541119
  • Employer ID (EIN)45-51885303
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
  • Incorporated inMaryland3
  • Fiscal year endsDecember 311
  • Industry code (SIC)6035 Savings Institution, Federally Chartered1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address2400 3Rd Avenue, Suite 150, Seattle, WA 981211
  • Phone206-448-08841
  • Shares outstanding2,568,043 as of Aug 7, 202611
  • Public float$65.6M as of Jun 30, 20253
  • AuditorBaker Tilly US, LLP, Everett, Washington PCAOB ID 23; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceMar 27, 20121
  • Filings674 in all: 4 (295), 8-K (130), 4/A (53), 10-Q (43), SC 13G/A (24), 3 (23), DEFA14A (17), DEF 14A (15)1
    All 32 form types

    10-K (14), SC 13D/A (9), SC 13G (8), 144 (5), 424B3 (4), 8-K/A (4), ARS (4), 10-Q/A (3), S-8 (3), SCHEDULE 13G/A (3), DEFR14A (2), S-1/A (2), UPLOAD (2), 3/A (1), 8-A12B (1), CERTNAS (1), CORRESP (1), D (1), EFFECT (1), FWP (1), NT 10-Q (1), S-1 (1), SC 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 18, 2026
    Quarterly report (10-Q) Aug 10, 2026
    Proxy statement (DEF 14A) Apr 15, 2026
    Latest 8-K (8-K) Jul 29, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.01 per shareSFBCThe NASDAQ Stock Market LLC

From the cover page of the 10-K filed Mar 18, 2026 (Section 12(b) of the Exchange Act).3

Risk factors and legal proceedings

The risks Sound Financial Bancorp, Inc. names in Item 1A of its 10-K filed Mar 18, 2026: 28 risks under these headings, as written.3

  • Risks Related to Macroeconomic Conditions
  • A worsening of economic conditions in our market area could reduce demand for our products and services and result in increases in our level of nonperforming loans, which could adversely affect our operations, financial condition and earnings.
  • Monetary policy, inflation, deflation, and other external economic factors could adversely impact our financial performance and operations.
  • Risks Related to Our Lending
  • Our loan portfolio includes loans with a higher risk of loss.
  • Our business may be adversely affected by credit risk associated with residential property and declining property values.
  • Our allowance for credit losses on loans may prove inadequate or we may be negatively affected by credit risk exposures. Future additions to our allowance for credit losses on loans, as well as charge-offs in excess of reserves, will reduce our earnings.
  • Risks Related to Market and Interest Rate Changes
  • Fluctuating interest rates can adversely affect our profitability.
  • Changes in the valuation of our securities portfolio could hurt our profits and reduce our capital levels.
  • An increase in interest rates, changes in the programs offered by Fannie Mae or our ability to qualify for its programs may reduce our mortgage revenues, which would negatively impact our noninterest income.
  • We may incur losses in the fair value of our mortgage servicing rights due to changes in prepayment rates.
The other 19 risks
  • Risks Related to Cybersecurity, Data and Fraud
  • A failure in or breach of our security systems or infrastructure, including breaches resulting from cyber-attacks, could disrupt our business, result in the disclosure or misuse of confidential or proprietary information, damage our reputation, increase our costs and cause losses.
  • The failure to protect our customers' confidential information and privacy could adversely affect our business.
  • Our operations rely on certain external vendors.
  • Our current and future uses of Artificial Intelligence (AI) and other emerging technologies may create additional risks.
  • We continually encounter technological change, and we may have fewer resources than many of our competitors to invest in technological improvements.
  • Our business may be adversely affected by an increasing prevalence of fraud and other financial crimes.
  • Regulatory and Accounting-Related Risks
  • We operate in a highly regulated environment and may be adversely affected by changes in federal and state laws and regulations that could increase our costs of operations.
  • The level of our commercial real estate loan portfolio may subject us to additional regulatory scrutiny.
  • Our accounting policies and methods are fundamental to how we report our financial condition and results of operations, and we use estimates in determining the fair value of certain of our assets, which estimates may prove to be imprecise and result in significant changes in valuation.
  • We are subject to an extensive body of accounting rules and best practices. Periodic changes to such rules may change the treatment and recognition of critical financial line items and affect our profitability.
  • Scrutiny and evolving expectations from customers, regulators, investors, and other stakeholders with respect to our environmental, social and governance practices may impose additional costs on us or expose us to new or additional risks.
  • Risks Related to our Business and Industry Generally
  • Ineffective liquidity management could adversely affect our financial results and condition.
  • Climate change and related legislative and regulatory initiatives may materially affect the Company's business and results of operations.
  • If our enterprise risk management framework is not effective at mitigating risks we face, we could suffer unexpected losses and our results of operations could be materially adversely affected.
  • We are subject to certain risks in connection with our data management or aggregation.
  • Our growth or future losses may require us to raise additional capital in the future, but that capital may not be available when it is needed, or the cost of that capital may be exceedingly high.
  • As a community bank, maintaining our reputation in our market area is critical to the success of our business, and the failure to do so may materially adversely affect our performance.
  • The Company might not be able to attract and retain skilled employees.
  • The Company's ability to pay dividends, repurchase stock and make subordinated debt payments is subject to the ability of the Bank to make capital distributions to the Company.

Legal proceedings

We are involved as plaintiff or defendant, from time to time, in various legal actions arising in the normal course of business. We do not anticipate incurring any material legal fees or other material liability as a result of any currently pending litigation.

The opening of Item 3, Legal Proceedings.3

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
    SEC EDGAROther events
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
    SEC EDGAROther events
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55