Five Star Bancorp (FSBC) to Release Earnings on Monday

Five Star Bancorp (NASDAQ:FSBC) is anticipated to release its earnings data after the market closes on Monday, January 27th. Analysts expect Five Star Bancorp to post earnings of $0.59 per share and revenue of $34,092.25 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Five Star Bancorp (NASDAQ:FSBC) last posted its earnings results on Monday, October 28th. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.02). Five Star Bancorp had a return on equity of 12.80% and a net margin of 21.35%. The firm had revenue of $54.05 million during the quarter. During the same quarter last year, the firm posted $0.64 earnings per share. On average, analysts expect Five Star Bancorp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Five Star Bancorp Stock Performance

FSBC opened at $30.27 on Monday. Five Star Bancorp has a twelve month low of $21.10 and a twelve month high of $35.13. The firm’s 50-day simple moving average is $31.62 and its 200-day simple moving average is $29.75. The firm has a market cap of $645.36 million, a price-to-earnings ratio of 13.28 and a beta of 0.48.

Five Star Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.64%. Five Star Bancorp’s dividend payout ratio is currently 35.09%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Raymond James assumed coverage on shares of Five Star Bancorp in a report on Thursday, December 19th. They set an “outperform” rating and a $38.00 price objective on the stock. Keefe, Bruyette & Woods increased their price objective on shares of Five Star Bancorp from $33.00 to $37.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th.

Insider Buying and Selling at Five Star Bancorp

In other Five Star Bancorp news, SVP Michael Eugene Lee sold 1,500 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $30.67, for a total transaction of $46,005.00. Following the transaction, the senior vice president now directly owns 36,765 shares in the company, valued at approximately $1,127,582.55. This represents a 3.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 25.57% of the company’s stock.

About Five Star Bancorp

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.