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

Five Star Bancorp (NASDAQ:FSBC) will likely be posting its quarterly earnings results after the market closes on Monday, January 27th. Analysts expect Five Star Bancorp to post earnings of $0.59 per share and revenue of $34,092.25 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

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

Five Star Bancorp stock 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 stock has a market cap of $636.59 million, a P/E ratio of 13.10 and a beta of 0.48. The company’s fifty day simple moving average is $31.34 and its 200-day simple moving average is $29.95.

Five Star Bancorp Announces Dividend

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

Insider Buying and Selling at Five Star Bancorp

In other Five Star Bancorp 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 transaction of $46,005.00. Following the completion of the sale, the senior vice president now owns 36,765 shares of the company’s stock, valued at $1,127,582.55. This represents a 3.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 25.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Raymond James initiated coverage on Five Star Bancorp in a research note on Thursday, December 19th. They set an “outperform” rating and a $38.00 price target for the company. Keefe, Bruyette & Woods raised their price objective on shares of Five Star Bancorp from $33.00 to $37.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th.

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.