DA Davidson Has Positive Outlook for FSBC FY2026 Earnings

Five Star Bancorp (NASDAQ:FSBC - Free Report) - Research analysts at DA Davidson increased their FY2026 EPS estimates for Five Star Bancorp in a note issued to investors on Friday, June 27th. DA Davidson analyst G. Tenner now anticipates that the company will earn $3.11 per share for the year, up from their prior forecast of $3.10. DA Davidson has a "Buy" rating and a $37.00 price target on the stock. The consensus estimate for Five Star Bancorp's current full-year earnings is $2.63 per share.

A number of other research analysts have also recently issued reports on FSBC. Raymond James Financial lowered their price target on shares of Five Star Bancorp from $35.00 to $31.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Citigroup reiterated an "outperform" rating on shares of Five Star Bancorp in a report on Wednesday, April 30th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $35.00.

Five Star Bancorp Stock Up 2.2%

Shares of FSBC stock traded up $0.66 during mid-day trading on Monday, reaching $30.42. 21,202 shares of the company's stock traded hands, compared to its average volume of 57,242. Five Star Bancorp has a 12 month low of $22.22 and a 12 month high of $35.13. The company has a market cap of $648.75 million, a P/E ratio of 13.34 and a beta of 0.51. The company's 50-day moving average price is $27.96 and its 200-day moving average price is $28.78.

Five Star Bancorp (NASDAQ:FSBC - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.01. The company had revenue of $35.34 million for the quarter, compared to analysts' expectations of $35.27 million. Five Star Bancorp had a return on equity of 12.24% and a net margin of 21.64%.

Five Star Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 5th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.63%. The ex-dividend date was Monday, May 5th. Five Star Bancorp's dividend payout ratio (DPR) is 35.09%.

Insiders Place Their Bets

In other Five Star Bancorp news, CEO James Eugene Beckwith sold 6,429 shares of Five Star Bancorp stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $27.74, for a total value of $178,340.46. Following the completion of the transaction, the chief executive officer directly owned 469,952 shares of the company's stock, valued at approximately $13,036,468.48. The trade was a 1.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 21.70% of the company's stock.

Institutional Investors Weigh In On Five Star Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in FSBC. Millennium Management LLC bought a new position in Five Star Bancorp in the 4th quarter valued at approximately $862,000. GAMMA Investing LLC raised its stake in shares of Five Star Bancorp by 8,240.7% in the first quarter. GAMMA Investing LLC now owns 2,252 shares of the company's stock worth $63,000 after purchasing an additional 2,225 shares during the last quarter. BNP Paribas Financial Markets bought a new position in shares of Five Star Bancorp during the fourth quarter valued at $60,000. JPMorgan Chase & Co. lifted its holdings in shares of Five Star Bancorp by 153.1% during the fourth quarter. JPMorgan Chase & Co. now owns 59,456 shares of the company's stock valued at $1,789,000 after purchasing an additional 35,967 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Five Star Bancorp by 47.0% during the fourth quarter. Bank of New York Mellon Corp now owns 111,848 shares of the company's stock valued at $3,365,000 after buying an additional 35,783 shares during the last quarter. Institutional investors own 46.94% 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.