Five Star Bancorp (NASDAQ:FSBC - Get Free Report) released its quarterly earnings data on Monday. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by ($0.02), Zacks reports. Five Star Bancorp had a net margin of 22.24% and a return on equity of 14.03%. The business had revenue of $54.05 million during the quarter. During the same period last year, the firm posted $0.64 earnings per share.
Five Star Bancorp Price Performance
Five Star Bancorp stock traded down $0.39 during mid-day trading on Tuesday, reaching $30.10. 26,910 shares of the company were exchanged, compared to its average volume of 47,350. The company has a fifty day simple moving average of $29.39 and a 200-day simple moving average of $26.03. Five Star Bancorp has a 12 month low of $18.84 and a 12 month high of $31.79. The firm has a market cap of $641.73 million, a PE ratio of 11.49 and a beta of 0.42.
Five Star Bancorp Dividend Announcement
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 paid a dividend of $0.20 per share. The ex-dividend date is Monday, November 4th. This represents a $0.80 dividend on an annualized basis and a yield of 2.66%. Five Star Bancorp's dividend payout ratio (DPR) is presently 30.42%.
Analyst Upgrades and Downgrades
FSBC has been the subject of a number of recent analyst reports. DA Davidson raised their price objective on Five Star Bancorp from $27.00 to $34.00 and gave the company a "buy" rating in a research report on Friday, July 26th. Stephens increased their target price on Five Star Bancorp from $29.00 to $32.00 and gave the stock an "overweight" rating in a research note on Friday, July 26th. Finally, Keefe, Bruyette & Woods increased their target price on Five Star Bancorp from $27.00 to $31.00 and gave the stock a "market perform" rating in a research note on Friday, July 26th.
Check Out Our Latest Stock Analysis on Five Star Bancorp
About Five Star Bancorp
(
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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