Five Star Bancorp (FSBC) to Release Earnings on Monday

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) will likely be announcing its earnings results 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. Individual interested in registering for the company's earnings conference call can do so using this link.

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last released its quarterly earnings data on Monday, October 28th. The company reported $0.52 EPS for the quarter, missing the consensus estimate 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 business had revenue of $54.05 million for the quarter. During the same period in the prior 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

Shares of Five Star Bancorp stock traded up $0.17 during trading hours on Monday, reaching $30.27. The company's stock had a trading volume of 35,286 shares, compared to its average volume of 38,416. Five Star Bancorp has a one year low of $21.10 and a one year high of $35.13. The firm has a 50 day moving average price of $31.62 and a 200-day moving average price of $29.75. The stock has a market cap of $645.36 million, a P/E ratio of 13.28 and a beta of 0.48.

Five Star Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.64%. Five Star Bancorp's payout ratio is currently 35.09%.

Insider Activity

In related news, SVP Michael Eugene Lee sold 1,500 shares of the firm's stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $30.67, for a total value of $46,005.00. Following 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 25.57% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on FSBC shares. Raymond James initiated coverage on Five Star Bancorp in a research note on Thursday, December 19th. They issued an "outperform" rating and a $38.00 price objective for the company. Keefe, Bruyette & Woods lifted their price objective on shares of Five Star Bancorp from $33.00 to $37.00 and gave the stock a "market perform" rating in a research note 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.