FIVE STAR BANCORP Stock Price, News & Analysis

Five Star Bancorp (Nasdaq: FSBC) will announce its financial results for the quarter ending March 31, 2022, on April 25, 2022, after market close. A live webcast for analysts and investors is scheduled for April 26, 2022, at 1:00 PM ET, where management will review these results. Interested parties can register for the event through the Company’s website, and the webcast will be archived for 90 days. Five Star Bancorp operates through its wholly-owned subsidiary, Five Star Bank, with multiple branches and loan production offices in Northern California.

Five Star Bancorp (FSBC) announced a net income of $11.3 million for Q4 2021, reflecting a 2.57% increase from the previous quarter and an 18.13% rise year-over-year. Annual net income reached $42.4 million, up from $35.9 million in 2020. Total loans grew 28.99% year-over-year, excluding PPP loans, while total deposits rose 28.13%. The company’s return on average assets (ROAA) was 1.86% for 2021, down from 1.95%. The bank also declared a cash dividend of $0.15 per share during the quarter.

Five Star Bancorp (Nasdaq: FSBC) declared a cash dividend of $0.15 per share on its common stock, set for payment on February 14, 2022. Shareholders of record by February 7, 2022 will receive this dividend, demonstrating the company's commitment to returning value to its investors. Operating through its wholly owned subsidiary, Five Star Bank, the company has a presence across Northern California with seven branches and two loan production offices.

Five Star Bancorp (NASDAQ: FSBC) will disclose its financial results for Q4 and the fiscal year ending December 31, 2021, on January 31, 2022, prior to market opening. A live webcast will follow on February 1, 2022, at 1:00 PM ET to discuss these results. The webcast can be accessed through the company's website and will be available for 90 days post-event.

Based in Rancho Cordova, California, Five Star operates seven branches and two loan production offices across Northern California.

On December 16, 2021, Five Star Bancorp (Nasdaq: FSBC) appointed Donna Lucas to its Board of Directors. Ms. Lucas, a seasoned strategic communications consultant and CEO of Lucas Public Affairs, has extensive experience in public affairs, having worked with various sectors including energy, healthcare, and technology. Her previous roles include serving as Deputy Chief of Staff for Governor Arnold Schwarzenegger. The appointment is expected to enhance the Bank's leadership and community engagement efforts, according to CEO James Beckwith.

Five Star Bancorp (FSBC) reported a net income of $11.0 million for Q3 2021, up from $9.8 million in Q2 2021 and $9.3 million in Q3 2020. Diluted earnings per share was $0.64, down 4.48% from Q2 2021. Total loans reached $1.65 billion, a 12.38% increase from the previous quarter. Non-interest income rose by 9.86% to $2.03 million, primarily due to a 372.83% increase in gain on sale of securities. The company declared a dividend of $0.15 per share. The return on assets (ROAA) was 1.85%, while return on equity (ROAE) declined to 19.26%. Total assets grew to $2.4 billion.

Five Star Bancorp (Nasdaq: FSBC) will announce its financial results for the quarter ending September 30, 2021, on October 25, 2021, after market close. A live webcast for analysts and investors will follow on October 26, 2021, at 1:00 PM ET. The event can be accessed via the company’s website, and pre-registration is required. Five Star Bank operates seven branches and two loan offices across Northern California.

Five Star Bancorp (Nasdaq: FSBC) has appointed Warren Kashiwagi to its Board of Directors as of October 5, 2021. With over 40 years of public accounting experience and a background in tax planning, strategic consulting, and business succession, Kashiwagi aims to enhance corporate strategy and shareholder value. Previously a Tax Partner at Crowe Horwath and Perry-Smith, he brings a wealth of experience from various industries, including healthcare and technology. His addition is expected to strengthen Five Star's leadership and operational insights.

On October 6, 2021, Five Star Bancorp (FSBC) declared a cash dividend of $0.15 per share on its voting common stock. This dividend will be paid on October 19, 2021, to shareholders of record as of October 12, 2021. Headquartered in Rancho Cordova, California, Five Star operates through its wholly owned banking subsidiary, Five Star Bank, with a network of seven branches and two loan production offices throughout Northern California.