Research Analysts Issue Forecasts for FSBC FY2025 Earnings

Five Star Bancorp (NASDAQ:FSBC) – Stock analysts at DA Davidson reduced their FY2025 earnings per share estimates for Five Star Bancorp in a report issued on Thursday, December 19th. DA Davidson analyst G. Tenner now expects that the company will earn $2.57 per share for the year, down from their previous estimate of $2.58. The consensus estimate for Five Star Bancorp’s current full-year earnings is $2.19 per share.

Five Star Bancorp (NASDAQ:FSBC) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.02). The firm had revenue of $54.05 million during the quarter. Five Star Bancorp had a net margin of 21.35% and a return on equity of 12.80%. During the same quarter in the prior year, the company earned $0.64 EPS.

A number of other brokerages have also recently issued reports on FSBC. Keefe, Bruyette & Woods boosted their target price on shares of Five Star Bancorp from $33.00 to $37.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Raymond James assumed coverage on Five Star Bancorp in a research note on Thursday. They set an “outperform” rating and a $38.00 price objective on the stock.

Five Star Bancorp Stock Up 0.7 %

NASDAQ FSBC opened at $30.39 on Monday. The company’s 50 day moving average is $31.95 and its 200-day moving average is $28.74. The firm has a market cap of $647.88 million, a P/E ratio of 13.33 and a beta of 0.45. Five Star Bancorp has a 12-month low of $21.10 and a 12-month high of $35.13.

Hedge Funds Weigh In On Five Star Bancorp

A number of institutional investors have recently made changes to their positions in FSBC. Brighton Jones LLC grew its position in Five Star Bancorp by 0.3% in the third quarter. Brighton Jones LLC now owns 141,342 shares of the company’s stock worth $4,202,000 after acquiring an additional 401 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Five Star Bancorp during the third quarter worth about $109,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Five Star Bancorp by 25.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 22,435 shares of the company’s stock worth $667,000 after purchasing an additional 4,564 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of Five Star Bancorp during the 2nd quarter valued at about $124,000. Finally, Rhumbline Advisers raised its holdings in shares of Five Star Bancorp by 30.3% during the 2nd quarter. Rhumbline Advisers now owns 23,856 shares of the company’s stock valued at $564,000 after buying an additional 5,542 shares in the last quarter. Institutional investors own 46.94% of the company’s stock.

Insider Transactions at Five Star Bancorp

In related news, SVP Michael Eugene Lee sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $30.67, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 25.57% of the company’s stock.

Five Star Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, November 4th were given a dividend of $0.20 per share. The ex-dividend date was Monday, November 4th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.63%. Five Star Bancorp’s dividend payout ratio (DPR) is currently 35.09%.

Five Star Bancorp Company Profile

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.