Five Star Bancorp (NASDAQ:FSBC) Receives “Buy” Rating from DA Davidson

DA Davidson reiterated their buy rating on shares of Five Star Bancorp (NASDAQ:FSBC) in a report published on Thursday morning,Benzinga reports. They currently have a $38.50 target price on the stock. DA Davidson also issued estimates for Five Star Bancorp’s Q1 2025 earnings at $0.61 EPS.

A number of other research firms have also commented on FSBC. Stephens restated an “overweight” rating and issued a $37.00 price target on shares of Five Star Bancorp in a research report on Tuesday. Keefe, Bruyette & Woods dropped their target price on shares of Five Star Bancorp from $37.00 to $35.00 and set a “market perform” rating for the company in a research note on Thursday. Finally, Raymond James reaffirmed an “outperform” rating and issued a $35.00 target price (down from $38.00) on shares of Five Star Bancorp in a research note on Wednesday.

Five Star Bancorp Stock Down 0.9 %

NASDAQ:FSBC opened at $30.60 on Thursday. The firm has a market cap of $652.39 million, a PE ratio of 13.42 and a beta of 0.48. Five Star Bancorp has a 12 month low of $21.10 and a 12 month high of $35.13. The company’s 50-day moving average price is $31.20 and its two-hundred day moving average price is $30.08.

Five Star Bancorp (NASDAQ:FSBC) last released its quarterly earnings results on Monday, January 27th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. Five Star Bancorp had a net margin of 21.40% and a return on equity of 12.89%. On average, research analysts expect that Five Star Bancorp will post 2.64 EPS for the current fiscal year.

Five Star Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Monday, February 3rd will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Monday, February 3rd. Five Star Bancorp’s dividend payout ratio (DPR) is 35.09%.

Institutional Investors Weigh In On Five Star Bancorp

Institutional investors and hedge funds have recently modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Five Star Bancorp during the third quarter worth approximately $109,000. SG Americas Securities LLC acquired a new position in shares of Five Star Bancorp in the third quarter valued at approximately $182,000. PDT Partners LLC acquired a new position in shares of Five Star Bancorp in the third quarter valued at approximately $244,000. Inspire Investing LLC acquired a new position in shares of Five Star Bancorp in the third quarter valued at approximately $414,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Five Star Bancorp by 25.5% during the third 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 during the last quarter. 46.94% of the stock is owned by institutional investors.

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.