Five Star Bancorp (FSBC) to Release Quarterly Earnings on Monday

Five Star Bancorp (NASDAQ:FSBC) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, October 28th. Analysts expect the company to announce earnings of $0.54 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Five Star Bancorp (NASDAQ:FSBC) last posted its quarterly earnings data on Wednesday, July 24th. The company reported $0.51 earnings per share (EPS) for the quarter. The business had revenue of $30.67 million during the quarter. Five Star Bancorp had a return on equity of 14.03% and a net margin of 22.24%. On average, analysts expect Five Star Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Five Star Bancorp Stock Performance

NASDAQ:FSBC opened at $31.30 on Monday. The company has a market cap of $667.32 million, a PE ratio of 11.90 and a beta of 0.42. Five Star Bancorp has a 52-week low of $18.50 and a 52-week high of $31.79. The stock has a 50-day simple moving average of $29.04 and a 200 day simple moving average of $25.67.

Analyst Ratings Changes

A number of research analysts recently issued reports on FSBC shares. Keefe, Bruyette & Woods increased 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 Five Star Bancorp from $29.00 to $32.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. Finally, DA Davidson raised their price objective on Five Star Bancorp from $27.00 to $34.00 and gave the company a “buy” rating in a research report on Friday, July 26th.

Insider Buying and Selling

In other Five Star Bancorp news, SVP Michael Eugene Lee sold 3,000 shares of Five Star Bancorp stock in a transaction on Monday, July 29th. The stock was sold at an average price of $29.09, for a total value of $87,270.00. Following the completion of the transaction, the senior vice president now directly owns 38,265 shares of the company’s stock, valued at $1,113,128.85. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last ninety days, insiders sold 4,000 shares of company stock valued at $116,340. Insiders own 25.57% of the company’s stock.

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.