Welcome to our dedicated page for FIVE STAR BANCORP news (Ticker: FSBC), a resource for investors and traders seeking the latest updates and insights on FIVE STAR BANCORP stock.
Five Star Bancorp (NASDAQ: FSBC) is a California-based bank holding company for Five Star Bank, a state-chartered non-member bank that focuses on commercial banking for small and medium-sized businesses, professionals, and individuals. This news page aggregates company-issued press releases and market updates so readers can follow how Five Star Bancorp communicates its performance, strategy, and regional expansion.
Recent news highlights include quarterly earnings announcements where the company reports net income, loan and deposit growth, net interest margin, efficiency ratio, and capital ratios. Management commentary in these releases discusses organic growth in loans held for investment, increases in total and non-wholesale deposits, and the bank’s emphasis on relationship-based commercial banking and operating efficiency.
Visitors will also find updates on dividend declarations, where the Board of Directors announces cash dividends on the company’s common stock, including the per-share amount, record dates, and expected payment dates. Additional items include notices of upcoming earnings release dates and investor webcasts, with details on scheduled calls for analysts and investors.
Company news further covers geographic expansion, such as the opening of a full-service office in Walnut Creek and the build-out of the San Francisco Bay Area team, as well as recognition for the bank and its leadership from regional organizations and industry ranking publications. Investors, analysts, and community stakeholders can use this page to monitor Five Star Bancorp’s financial disclosures, strategic initiatives in Northern California, and key corporate developments over time.
Five Star Bancorp (NASDAQ: FSBC) has expanded its food and agribusiness vertical, now renamed to Food, Agribusiness & Diversified Industries, to serve clients nationwide. The expanded division will support clients across the food supply chain, including production agriculture, wholesale distribution, retail, manufacturing, food processing, and distribution services.
The initiative will be led by Senior Vice President and Group Managing Director Cliff Cooper, who brings over 35 years of banking expertise in food and agribusiness. The expansion aligns with Five Star Bank's organic growth strategy, emphasizing a high-tech and high-touch approach to business banking, focusing on in-person conversations and client connectivity.
Five Star Bancorp reported strong Q1 2025 financial results with net income of $13.1 million, slightly down from $13.3 million in Q4 2024 but up from $10.6 million in Q1 2024. The bank showed impressive growth with:
- Total loans increased by $89.1 million (2.52%)
- Total deposits grew by $178.4 million (5.01%)
- Net interest margin improved to 3.45%
- Zero short-term borrowings maintained
The bank's San Francisco expansion continues successfully, with Bay Area employees increasing from 27 to 31, generating $379.8 million in deposits. The bank maintains strong capital positions with a common equity Tier 1 ratio of 11.00%. Five Star declared a cash dividend of $0.20 per share and ranked third among best-performing banks nationwide in its asset category ($3-10 billion) by S&P Global Market Intelligence.
Key metrics show solid performance with an efficiency ratio of 42.58% and return on average assets (ROAA) of 1.30%. The bank's total liquidity position remained strong at approximately $2.0 billion.
Five Star Bancorp (Nasdaq: FSBC) has announced a quarterly cash dividend of $0.20 per share on its voting common stock. The dividend will be paid on May 12, 2025, to shareholders of record as of May 5, 2025. Five Star Bancorp operates through its wholly owned subsidiary, Five Star Bank.
Five Star Bancorp (FSBC) has announced it will release its financial results for the first quarter ended March 31, 2025, after market close on Monday, April 28, 2025. The company will host a live webcast for analysts and investors to discuss the results on April 29, 2025, at 1:00 PM ET (10:00 AM PT). The webcast will be accessible through the 'News & Events' section of Five Star's website and will remain archived for 90 days.
Five Star Bancorp (FSBC) reported Q4 2024 net income of $13.3 million, up from $10.9 million in Q3 2024 and $10.8 million in Q4 2023. Annual net income for 2024 was $45.7 million, compared to $47.7 million in 2023.
Key financial highlights include:
- Net interest margin was 3.36% in Q4 2024, compared to 3.37% in Q3 2024
- Total deposits increased by $158.0 million (4.65%) during Q4 2024
- Loans held for investment grew by $451.0 million (14.63%) year-over-year
- The San Francisco Bay Area team expanded to 27 employees, generating deposits of $229.5 million
- The company maintained an efficiency ratio of 41.21% in Q4 2024
- Common equity Tier 1 capital ratio was 11.02% as of December 31, 2024
Five Star Bancorp (Nasdaq: FSBC) announced that President and CEO James Beckwith has been elected to the California Chamber of Commerce (CalChamber) Board of Directors. Beckwith will serve a three-year term starting January 1, 2025. As a board member, he will support CalChamber's mission to strengthen California's economy and advocate for business-friendly policies at both state and federal levels.
CalChamber President Jennifer Barrera highlighted the importance of board diversity and welcomed Beckwith's perspective. The organization serves as California's largest broad-based government advocate, working to enhance the state's economic growth and employment opportunities.
Five Star Bancorp (FSBC) has announced a quarterly cash dividend of $0.20 per share on its voting common stock. The dividend will be paid on February 10, 2025, to shareholders of record as of February 3, 2025. The company operates through its wholly owned subsidiary, Five Star Bank.
Five Star Bancorp (FSBC) has announced it will release its financial results for the fourth quarter and full year 2024 after market close on Monday, January 27, 2025. The company will host a live webcast for analysts and investors to discuss these results on January 28, 2025, at 1:00 PM ET (10:00 AM PT). The webcast will be accessible through the 'News & Events' section of Five Star's website and will remain archived for 90 days. Interested participants are required to pre-register for the event.
Five Star Bancorp (FSBC) reported Q3 2024 net income of $10.9 million, slightly up from $10.8 million in Q2 2024. Key highlights include: total loans held for investment increased by $194.3 million (5.95%), total deposits grew by $250.3 million (7.95%), and net interest margin slightly decreased to 3.37%. The bank expanded its presence in San Francisco's Financial District, with the Bay Area team growing to 24 employees and generating $189.0 million in deposits. The efficiency ratio improved to 43.37% from 44.07% in Q2. The company maintained strong asset quality with nonperforming loans at 0.05% and declared a quarterly cash dividend of $0.20 per share.