Five Star Bancorp (FSBC) to Release Earnings on Monday

Five Star Bancorp (NASDAQ:FSBC) is projected to announce its earnings results after the market closes on Monday, January 27th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $34,092.25 billion for the quarter. Parties that wish to listen to the company’s 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 analysts’ consensus estimates of $0.54 by ($0.02). The firm had revenue of $54.05 million for the quarter. Five Star Bancorp had a return on equity of 12.80% and a net margin of 21.35%. During the same quarter last year, the business earned $0.64 EPS. 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 Up 0.4 %

NASDAQ FSBC opened at $29.86 on Friday. The firm has a market capitalization of $636.62 million, a PE ratio of 13.10 and a beta of 0.48. The stock’s 50 day moving average is $31.34 and its 200 day moving average is $29.90. Five Star Bancorp has a twelve month low of $21.10 and a twelve month high of $35.13.

Five Star Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.68%. The ex-dividend date is Monday, February 3rd. Five Star Bancorp’s dividend payout ratio is currently 35.09%.

Insider Buying and Selling

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 stock was 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 of the company’s stock, valued at approximately $1,127,582.55. This represents a 3.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 25.57% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on FSBC shares. Raymond James initiated coverage on shares of Five Star Bancorp in a research note on Thursday, December 19th. They issued an “outperform” rating and a $38.00 price target for the company. Keefe, Bruyette & Woods raised 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 research note on Wednesday, December 4th.

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.