Research Analysts Set Expectations for FSBC FY2025 Earnings

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

Several other analysts have also weighed in on the company. Keefe, Bruyette & Woods upped their target price on 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 started 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 objective on the stock.

Five Star Bancorp Price Performance

FSBC opened at $30.59 on Monday. Five Star Bancorp has a 1-year low of $21.10 and a 1-year high of $35.13. The stock has a market cap of $652.15 million, a P/E ratio of 13.42 and a beta of 0.45. The stock’s 50 day simple moving average is $31.97 and its 200 day simple moving average is $28.83.

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. American Century Companies Inc. increased its stake in Five Star Bancorp by 116.5% in the second quarter. American Century Companies Inc. now owns 111,711 shares of the company’s stock valued at $2,642,000 after purchasing an additional 60,118 shares during the last quarter. Davis Asset Management L.P. grew its holdings in Five Star Bancorp by 3.4% in the 2nd quarter. Davis Asset Management L.P. now owns 1,511,500 shares of the company’s stock valued at $35,747,000 after buying an additional 50,000 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Five Star Bancorp by 201.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 134,449 shares of the company’s stock valued at $3,997,000 after acquiring an additional 89,834 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Five Star Bancorp by 11.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 88,589 shares of the company’s stock worth $2,095,000 after acquiring an additional 8,991 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of Five Star Bancorp by 128.7% in the second quarter. Renaissance Technologies LLC now owns 41,400 shares of the company’s stock worth $979,000 after acquiring an additional 23,300 shares during the last quarter. Hedge funds and other institutional investors own 46.94% of the company’s stock.

Insider Activity at Five Star Bancorp

In other Five Star Bancorp news, SVP Michael Eugene Lee sold 1,500 shares of Five Star Bancorp 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 completion of the sale, the senior vice president now directly owns 36,765 shares of the company’s stock, valued at approximately $1,127,582.55. The trade was a 3.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 25.57% of the company’s stock.

Five Star Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, November 4th were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.80 annualized dividend and a dividend yield of 2.62%. Five Star Bancorp’s dividend payout ratio is currently 35.09%.

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.