Five Star Bancorp (FSBC) Expected to Announce Quarterly Earnings on Monday

Five Star Bancorp (NASDAQ:FSBC) is expected to be issuing its quarterly earnings data 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. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Five Star Bancorp (NASDAQ:FSBC) last posted its quarterly earnings data on Monday, October 28th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.02). The business 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 Price Performance

FSBC opened at $29.86 on Friday. Five Star Bancorp has a 12 month low of $21.10 and a 12 month high of $35.13. The business has a 50-day moving average of $31.34 and a two-hundred day moving average of $29.95. The stock has a market capitalization of $636.59 million, a price-to-earnings ratio of 13.10 and a beta of 0.48.

Five Star Bancorp Announces Dividend

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

Insider Activity at Five Star Bancorp

In related news, SVP Michael Eugene Lee sold 1,500 shares of the firm’s stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $30.67, for a total transaction of $46,005.00. Following the completion of the transaction, the senior vice president now owns 36,765 shares of the company’s stock, valued at $1,127,582.55. This trade represents a 3.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 25.57% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Raymond James initiated coverage on shares of Five Star Bancorp in a research note on Thursday, December 19th. They set an “outperform” rating and a $38.00 target price for the company. Keefe, Bruyette & Woods boosted their price objective on Five Star Bancorp from $33.00 to $37.00 and gave the stock a “market perform” rating in a research report 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.