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 (FSBC) provides investors and stakeholders with a centralized hub for tracking company developments in California's community banking sector. This resource aggregates official press releases, financial updates, and strategic announcements from the institution known for its commercial real estate expertise and personalized banking services.
Users will find timely updates on earnings reports, leadership changes, product launches, and regulatory filings. The curated collection serves professionals monitoring regional banking trends, small business financing innovations, and FSBC's community reinvestment initiatives.
Key focus areas include commercial lending developments, deposit product enhancements, and market expansion within Northern California. Content is organized for quick scanning while maintaining depth for financial analysis needs.
Bookmark this page for streamlined access to FSBC's latest corporate communications. Check back regularly for updates directly from the company, ensuring informed decision-making based on primary source materials.
Five Star Bancorp (FSBC) reported a net income of $10.0 million for the second quarter of 2022, up from $9.9 million in Q1 2022 and $9.8 million in Q2 2021. Total loans held for investment rose by 14.44% to $2.4 billion compared to March 2022, and 50.15% year-over-year. Non-interest income declined to $1.997 million, driven by lower gains on loan sales. Provision for loan losses increased by 136.84% to $2.25 million, reflecting loan growth. The company's total assets reached $2.8 billion, a 10.92% increase since year-end 2021, while shareholders’ equity slightly decreased to $233.2 million.
Five Star Bancorp (Nasdaq: FSBC) declared a cash dividend of $0.15 per share on its voting common stock, scheduled for payment on August 15, 2022. This dividend will benefit shareholders of record as of August 8, 2022. The company operates through its wholly owned banking subsidiary, Five Star Bank, which has seven branches and one loan production office in Northern California.
Five Star Bancorp (Nasdaq: FSBC) announced it will release its financial results for Q2 2022 on July 25, 2022, after the market closes. A live webcast for analysts and investors is scheduled for July 26, 2022, at 1:00 PM ET, to discuss the results. The webcast will be available on the Company’s website, and a recording will be accessible for 90 days. Five Star Bancorp, headquartered in Rancho Cordova, operates through its wholly owned subsidiary, Five Star Bank, with seven branches and one loan production office in Northern California.
Five Star Bancorp (Nasdaq: FSBC) has announced a collaboration with Sacramento Municipal Utility District (SMUD) and LoanGlide to offer Sustainable Home Improvement Loans aimed at financing energy efficiency upgrades for residential customers. These loans cover a range of improvements, from gas to electric appliance conversions to solar installations. The attractive annual percentage rates (APRs) range from 4.99% to 7.49%, and the application process is streamlined with electronic signatures. This initiative emphasizes the bank's commitment to sustainable energy solutions.
Five Star Bancorp (Nasdaq: FSBC) reported a net income of $9.9 million for the quarter ending March 31, 2022, down from $11.3 million the previous quarter. The decrease is attributed to increased tax expenses following its conversion to a C Corporation. Loan growth remained strong, with total loans reaching $2.08 billion, a 7.53% increase from the previous quarter. However, the net interest margin decreased to 3.60%, down from 3.67%. The company declared a dividend of $0.15 per share. Performance metrics indicate a return on average assets (ROAA) of 1.53% and a return on average equity (ROAE) of 17.07%.
Five Star Bancorp (Nasdaq: FSBC) has declared a cash dividend of $0.15 per share on its common stock. This dividend is set to be paid on May 16, 2022, to shareholders on record as of May 9, 2022. The company continues to operate through its banking subsidiary, Five Star Bank, which has a presence in Northern California with seven branches and two loan production offices.
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.
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