FY2025 EPS Forecast for Five Star Bancorp Lowered by Analyst

Five Star Bancorp (NASDAQ:FSBC) – Equities research analysts at DA Davidson lowered their FY2025 EPS estimates for Five Star Bancorp in a report issued on Thursday, December 19th. DA Davidson analyst G. Tenner now forecasts that the company will post earnings of $2.57 per share for the year, down from their previous forecast of $2.58. The consensus estimate for Five Star Bancorp’s current full-year earnings is $2.19 per share.

Five Star Bancorp (NASDAQ:FSBC) last issued its earnings results on Monday, October 28th. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.02). The company had revenue of $54.05 million for the quarter. Five Star Bancorp had a net margin of 21.35% and a return on equity of 12.80%. During the same period in the previous year, the company earned $0.64 EPS.

Other equities research analysts have also issued reports about the stock. Keefe, Bruyette & Woods upped their price target on shares of Five Star Bancorp from $33.00 to $37.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. Raymond James initiated coverage on shares of Five Star Bancorp in a report on Thursday. They set an “outperform” rating and a $38.00 target price for the company.

Five Star Bancorp Stock Performance

NASDAQ:FSBC opened at $30.39 on Monday. Five Star Bancorp has a fifty-two week low of $21.10 and a fifty-two week high of $35.13. The firm has a market cap of $647.88 million, a PE ratio of 13.33 and a beta of 0.45. The business has a 50 day moving average price of $31.95 and a 200-day moving average price of $28.74.

Five Star Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, November 4th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date was Monday, November 4th. Five Star Bancorp’s payout ratio is currently 35.09%.

Insiders Place Their Bets

In other Five Star Bancorp news, SVP Michael Eugene Lee sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The stock was sold at an average price of $30.67, for a total transaction of $46,005.00. Following the transaction, the senior vice president now owns 36,765 shares in the company, valued at approximately $1,127,582.55. This represents a 3.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 25.57% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FSBC. Davis Asset Management L.P. boosted its stake in Five Star Bancorp by 3.4% during the second quarter. Davis Asset Management L.P. now owns 1,511,500 shares of the company’s stock worth $35,747,000 after acquiring an additional 50,000 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Five Star Bancorp by 7.2% during the third quarter. Geode Capital Management LLC now owns 377,347 shares of the company’s stock valued at $11,221,000 after purchasing an additional 25,374 shares during the last quarter. State Street Corp boosted its position in shares of Five Star Bancorp by 21.7% in the 3rd quarter. State Street Corp now owns 373,173 shares of the company’s stock worth $11,094,000 after purchasing an additional 66,602 shares in the last quarter. Dimensional Fund Advisors LP grew its stake 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 buying an additional 39,256 shares during the last quarter. Finally, Brighton Jones LLC increased its position in Five Star Bancorp by 0.3% during the 3rd quarter. Brighton Jones LLC now owns 141,342 shares of the company’s stock valued at $4,202,000 after buying an additional 401 shares in the last quarter. Hedge funds and other institutional investors own 46.94% of the company’s stock.

Five Star Bancorp Company Profile

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.