Equities Analysts Set Expectations for FSBC FY2025 Earnings

Five Star Bancorp (NASDAQ:FSBC) – Analysts at DA Davidson boosted their FY2025 EPS estimates for shares of Five Star Bancorp in a research report issued to clients and 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 forecast of $2.50. DA Davidson currently has a “Buy” rating and a $34.00 price target on the stock. The consensus estimate for Five Star Bancorp’s current full-year earnings is $2.17 per share.

A number of other equities analysts also recently commented on the company. Keefe, Bruyette & Woods raised 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. Stephens raised their price target on shares of Five Star Bancorp from $29.00 to $32.00 and gave the stock an “overweight” rating in a research report on Friday, July 26th.

Five Star Bancorp Stock Down 3.8 %

FSBC stock opened at $30.08 on Friday. Five Star Bancorp has a 52-week low of $19.00 and a 52-week high of $31.88. The stock’s fifty day simple moving average is $29.54 and its 200-day simple moving average is $26.16. The stock has a market capitalization of $641.31 million, a price-to-earnings ratio of 13.19 and a beta of 0.42.

Five Star Bancorp (NASDAQ:FSBC) last announced its quarterly earnings results on Monday, October 28th. The company reported $0.52 earnings per share (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 13.50%. The business had revenue of $54.05 million during the quarter. During the same quarter in the previous year, the business earned $0.64 earnings per share.

Institutional Investors Weigh In On Five Star Bancorp

Several institutional investors and hedge funds have recently modified their holdings of FSBC. Davis Asset Management L.P. grew its position in shares of Five Star Bancorp by 3.4% in the second quarter. Davis Asset Management L.P. now owns 1,511,500 shares of the company’s stock valued at $35,747,000 after purchasing an additional 50,000 shares during the last quarter. Vanguard Group Inc. grew its position in Five Star Bancorp by 31.9% during the first quarter. Vanguard Group Inc. now owns 713,950 shares of the company’s stock worth $16,064,000 after buying an additional 172,507 shares in the last quarter. Pacific Ridge Capital Partners LLC increased its stake in Five Star Bancorp by 42.3% during the first quarter. Pacific Ridge Capital Partners LLC now owns 310,479 shares of the company’s stock valued at $6,986,000 after acquiring an additional 92,260 shares during the period. Kennedy Capital Management LLC raised its holdings in Five Star Bancorp by 364.2% in the 1st quarter. Kennedy Capital Management LLC now owns 190,449 shares of the company’s stock valued at $4,285,000 after acquiring an additional 149,424 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Five Star Bancorp by 32.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 160,558 shares of the company’s stock worth $3,797,000 after acquiring an additional 39,256 shares during the period. Institutional investors and hedge funds own 46.94% of the company’s stock.

Five Star Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Monday, November 4th will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, November 4th. This represents a $0.80 annualized dividend and a dividend yield of 2.66%. Five Star Bancorp’s dividend payout ratio is 35.09%.

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.