Five Star Bancorp (NASDAQ:FSBC) Releases Earnings Results, Beats Estimates By $0.04 EPS

Five Star Bancorp (NASDAQ:FSBCGet Free Report) posted its quarterly earnings data on Monday. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04, Zacks reports. Five Star Bancorp had a net margin of 21.35% and a return on equity of 12.80%.

Five Star Bancorp Stock Up 0.7 %

NASDAQ FSBC opened at $30.72 on Wednesday. The stock has a market cap of $654.95 million, a PE ratio of 13.47 and a beta of 0.48. Five Star Bancorp has a fifty-two week low of $21.10 and a fifty-two week high of $35.13. The business has a 50 day moving average price of $31.27 and a two-hundred day moving average price of $30.07.

Five Star Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Monday, February 3rd will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Monday, February 3rd. Five Star Bancorp’s dividend payout ratio is presently 35.09%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Keefe, Bruyette & Woods boosted their target price on Five Star Bancorp from $33.00 to $37.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Raymond James assumed coverage on Five Star Bancorp in a report on Thursday, December 19th. They set an “outperform” rating and a $38.00 target price for the company. Finally, Stephens reiterated an “overweight” rating and set a $37.00 target price on shares of Five Star Bancorp in a report on Tuesday.

Check Out Our Latest Report on Five Star Bancorp

Insiders Place Their Bets

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 value of $46,005.00. Following the completion of the transaction, the senior vice president now owns 36,765 shares in the company, valued at $1,127,582.55. This represents a 3.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 25.57% of the stock is owned by company insiders.

Five Star Bancorp Company Profile

(Get Free Report)

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.

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Earnings History for Five Star Bancorp (NASDAQ:FSBC)

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