Five Star Bancorp (NASDAQ:FSBC - Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.04, Zacks reports. Five Star Bancorp had a return on equity of 12.80% and a net margin of 21.35%.
Five Star Bancorp Price Performance
Five Star Bancorp stock traded up $0.64 during mid-day trading on Monday, hitting $30.50. 77,131 shares of the company were exchanged, compared to its average volume of 39,808. The company has a market capitalization of $650.26 million, a P/E ratio of 13.38 and a beta of 0.48. Five Star Bancorp has a 12-month low of $21.10 and a 12-month high of $35.13. The business's 50 day simple moving average is $31.34 and its two-hundred day simple moving average is $29.99.
Five Star Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $0.80 annualized dividend and a yield of 2.62%. Five Star Bancorp's dividend payout ratio (DPR) is currently 35.09%.
Wall Street Analysts Forecast Growth
FSBC has been the subject of a number of analyst reports. Keefe, Bruyette & Woods increased their target price on 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. Raymond James assumed coverage on Five Star Bancorp in a report on Thursday, December 19th. They issued an "outperform" rating and a $38.00 target price for the company.
View Our Latest Stock Report on FSBC
Insider Buying and Selling
In related news, SVP Michael Eugene Lee sold 1,500 shares of the stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $30.67, for a total transaction of $46,005.00. Following the transaction, the senior vice president now directly owns 36,765 shares in the company, valued at approximately $1,127,582.55. This represents a 3.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 25.57% of the stock is currently 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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