Streetbeat News

FSBC

Five Star Bancorp

https://www.fivestarbank.com

Industry

Banks - Regional

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. The company accepts various deposits, such as money market, noninterest-bearing and interest checking accounts, savings accounts, and time deposits. Its loan products include commercial and residential real estate loans; commercial loans; commercial land loans; farmland loans; commercial and residential construction loans; and consumer and other loans. The company also offers debit cards; and remote deposit capture, online and mobile banking, and direct deposit services. It operates through seven branch offices and two loan production offices in Northern California. Five Star Bancorp was founded in 1999 and is headquartered in Rancho Cordova, California.

Open

33.25

Mkt cap

699M

Volume

31K

High

33.36

P/E Ratio

14.51

52-wk high

35.13

Low

32.51

Div yield

0.03

52-wk low

20.34

Keefe, Bruyette & Woods analyst Wood Lay maintains a Market Perform rating on Five Star (NASDAQ:FSBC) and keeps the price target at $27.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:45 pm

DA Davidson analyst Gary Tenner maintains a Buy rating on Five Star (NASDAQ:FSBC) and keeps the price target at $29.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 1:30 pm

Five Star Bancorp (NASDAQ:FSBC) announced the pricing of its underwritten public offering of 3.45 million shares at $21.75 each, expecting to raise approximately $70.9 million. The proceeds are intended for general corporate purposes and to support growth, including investments in Five Star Bank. The offering, managed by Keefe, Bruyette & Woods, Stephens Inc., and D.A. Davidson & Co., is expected to close around April 2, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:08 pm

Five Star Bancorp has announced a public offering of its common shares, though specific terms were not disclosed. The company plans to use the proceeds for general corporate purposes, investments in the Bank to pursue growth opportunities, and for working capital.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 8:10 pm

Five Star Bancorp (NASDAQ:FSBC) exceeded analyst expectations for Q4 with EPS of $0.63 against estimates of $0.59, a 6.78% beat. However, this represents an 18.18% decrease from the previous year's EPS of $0.77. Sales reached $28.61M, surpassing estimates of $27.51M by 4.01%, but marked a 6.90% decline from the prior year's $30.74M.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 11:04 pm

A list of companies is scheduled to report their quarterly earnings on January 29, 2024. The report includes both companies reporting before the bell, such as Koninklijke Philips, Ryanair Holdings, and SoFi Technologies, and those reporting after the bell, including Equity Lifestyle Properties, Banco De Chile, and Whirlpool. The earnings per share (EPS) and revenue expectations are provided for each company.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 10:06 am

Five Star (NASDAQ:FSBC) is expected to release its quarterly earnings report on Monday, 2024-01-29, with an estimated EPS of $0.59. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, the company's stock price has shown mixed reactions to past earnings performances. Currently, shares are trading at $25.4, down 2.58% over the last 52 weeks. The upcoming earnings report could influence the stock's performance, especially if the results differ from expectations or guidance is notably positive or negative.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 3:01 pm

Stephens & Co. analyst Andrew Terrell maintains an Overweight rating on Five Star (NASDAQ:FSBC) but lowers the price target from $27 to $25.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 1:59 pm

Five Star (NASDAQ:FSBC) reported Q3 2023 earnings of $0.64 per share, beating the analyst consensus estimate of $0.60 by 6.67%. However, this is a 5.88% decrease from the same period last year. The company also reported quarterly sales of $28.86 million, surpassing the analyst consensus estimate of $27.49 million by 4.98%, but this is a 0.33% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

October 30, 2023 | 10:02 pm

Five Star (NASDAQ:FSBC) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.60. The company's past performance shows it has consistently beaten EPS estimates, leading to subsequent increases in share price. However, the stock has seen a 34.75% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 7:01 pm

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