DA Davidson Has Optimistic Outlook of FSBC FY2025 Earnings

Five Star Bancorp (NASDAQ:FSBC - Free Report) - DA Davidson lifted their FY2025 earnings per share (EPS) estimates for Five Star Bancorp in a research note issued to investors on Wednesday, October 30th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings of $2.58 per share for the year, up from their previous estimate of $2.50. DA Davidson has a "Buy" rating and a $34.00 price objective on the stock. The consensus estimate for Five Star Bancorp's current full-year earnings is $2.17 per share.

Several other equities analysts have also weighed in on the company. Stephens increased their price objective on Five Star Bancorp from $29.00 to $32.00 and gave the company an "overweight" rating in a report on Friday, July 26th. Keefe, Bruyette & Woods boosted their price objective on Five Star Bancorp from $27.00 to $31.00 and gave the stock a "market perform" rating in a report on Friday, July 26th.

Five Star Bancorp Stock Up 0.4 %

Five Star Bancorp stock traded up $0.11 during mid-day trading on Friday, reaching $30.19. 61,204 shares of the company's stock were exchanged, compared to its average volume of 47,381. The firm has a market capitalization of $643.65 million, a PE ratio of 13.24 and a beta of 0.42. Five Star Bancorp has a one year low of $19.25 and a one year high of $31.88. The business's fifty day simple moving average is $29.55 and its 200 day simple moving average is $26.22.

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last released its quarterly earnings results on Monday, October 28th. The company reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.54 by ($0.02). The company had revenue of $54.05 million during the quarter. Five Star Bancorp had a net margin of 21.35% and a return on equity of 13.50%. During the same period in the prior year, the firm earned $0.64 earnings per share.

Five Star Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Monday, November 4th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date is Monday, November 4th. Five Star Bancorp's payout ratio is currently 35.09%.

Insiders Place Their Bets

In other 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 transaction of $46,005.00. Following the completion of the transaction, the senior vice president now directly owns 36,765 shares in the company, valued at approximately $1,127,582.55. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 25.57% of the company's stock.

Institutional Investors Weigh In On Five Star Bancorp

Institutional investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Five Star Bancorp by 0.3% during the 3rd quarter. Brighton Jones LLC now owns 141,342 shares of the company's stock valued at $4,202,000 after buying an additional 401 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Five Star Bancorp by 2.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 34,138 shares of the company's stock valued at $770,000 after acquiring an additional 797 shares during the period. Swiss National Bank raised its stake in Five Star Bancorp by 8.3% during the 1st quarter. Swiss National Bank now owns 22,096 shares of the company's stock valued at $497,000 after purchasing an additional 1,700 shares during the period. Acadian Asset Management LLC bought a new stake in shares of Five Star Bancorp during the second quarter valued at approximately $124,000. Finally, Rhumbline Advisers lifted its stake in Five Star Bancorp by 30.3% in the 2nd quarter. Rhumbline Advisers now owns 23,856 shares of the company's stock worth $564,000 after purchasing an additional 5,542 shares in the last quarter. Hedge funds and other institutional investors own 46.94% of the company's stock.

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.