Five Star Bancorp (FSBC) Scheduled to Post Quarterly Earnings on Monday

Five Star Bancorp (NASDAQ:FSBC) will be issuing its quarterly earnings data after the market closes on Monday, October 28th. Analysts expect the company to announce earnings of $0.54 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Five Star Bancorp (NASDAQ:FSBC) last released its quarterly earnings data on Wednesday, July 24th. The company reported $0.51 earnings per share for the quarter. Five Star Bancorp had a net margin of 22.24% and a return on equity of 14.03%. The company had revenue of $30.67 million during the quarter. On average, analysts expect Five Star Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Five Star Bancorp Stock Performance

FSBC opened at $29.71 on Friday. The company has a fifty day moving average of $29.35 and a two-hundred day moving average of $25.94. Five Star Bancorp has a fifty-two week low of $18.59 and a fifty-two week high of $31.79. The stock has a market capitalization of $633.42 million, a price-to-earnings ratio of 12.38 and a beta of 0.42.

Five Star Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Monday, November 4th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, November 4th. This represents a $0.80 dividend on an annualized basis and a yield of 2.69%. Five Star Bancorp’s payout ratio is presently 33.33%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Stephens boosted their target price on shares of Five Star Bancorp from $29.00 to $32.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Keefe, Bruyette & Woods increased their price target on shares of Five Star Bancorp from $27.00 to $31.00 and gave the stock a “market perform” rating in a research note on Friday, July 26th. Finally, DA Davidson upped their price objective on shares of Five Star Bancorp from $27.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, July 26th.

Insider Buying and Selling at Five Star Bancorp

In other Five Star Bancorp news, SVP Michael Eugene Lee sold 3,000 shares of the firm’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $29.09, for a total transaction of $87,270.00. Following the sale, the senior vice president now directly owns 38,265 shares of the company’s stock, valued at $1,113,128.85. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders sold 4,000 shares of company stock worth $116,340. 25.57% of the stock is owned by corporate insiders.

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.