Annual Income Statements for Five Star Bancorp
This table shows Five Star Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Five Star Bancorp
This table shows Five Star Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
12 |
13 |
13 |
13 |
11 |
11 |
11 |
11 |
11 |
13 |
Consolidated Net Income / (Loss) |
|
12 |
13 |
13 |
13 |
11 |
11 |
11 |
11 |
11 |
13 |
Net Income / (Loss) Continuing Operations |
|
12 |
13 |
13 |
13 |
11 |
11 |
11 |
11 |
11 |
13 |
Total Pre-Tax Income |
|
17 |
19 |
19 |
17 |
16 |
15 |
15 |
15 |
15 |
19 |
Total Revenue |
|
29 |
31 |
31 |
30 |
29 |
29 |
29 |
31 |
32 |
35 |
Net Interest Income / (Expense) |
|
28 |
29 |
29 |
28 |
27 |
27 |
27 |
29 |
30 |
33 |
Total Interest Income |
|
32 |
37 |
40 |
43 |
45 |
46 |
48 |
49 |
53 |
58 |
Loans and Leases Interest Income |
|
30 |
35 |
37 |
40 |
42 |
43 |
44 |
46 |
50 |
53 |
Investment Securities Interest Income |
|
0.62 |
0.64 |
0.65 |
0.65 |
0.65 |
0.65 |
0.65 |
0.65 |
0.62 |
0.61 |
Deposits and Money Market Investments Interest Income |
|
1.15 |
1.84 |
2.17 |
2.22 |
2.58 |
2.10 |
3.10 |
1.99 |
1.66 |
4.34 |
Total Interest Expense |
|
4.12 |
8.27 |
11 |
15 |
18 |
20 |
21 |
20 |
22 |
24 |
Deposits Interest Expense |
|
2.82 |
6.54 |
9.38 |
14 |
16 |
18 |
20 |
19 |
21 |
23 |
Long-Term Debt Interest Expense |
|
1.31 |
1.54 |
1.16 |
1.16 |
1.16 |
1.16 |
1.16 |
1.16 |
1.16 |
1.16 |
Total Non-Interest Income |
|
1.43 |
1.60 |
1.37 |
2.82 |
1.38 |
1.94 |
1.83 |
1.57 |
1.38 |
1.67 |
Service Charges on Deposit Accounts |
|
0.13 |
0.10 |
0.12 |
0.14 |
0.16 |
0.17 |
0.19 |
0.19 |
0.17 |
0.18 |
Other Service Charges |
|
0.50 |
0.56 |
0.36 |
1.73 |
0.43 |
1.15 |
0.80 |
0.45 |
0.42 |
0.82 |
Net Realized & Unrealized Capital Gains on Investments |
|
0.55 |
0.64 |
0.60 |
0.64 |
0.40 |
0.15 |
0.37 |
0.45 |
0.31 |
0.15 |
Other Non-Interest Income |
|
0.25 |
0.31 |
0.30 |
0.32 |
0.40 |
0.47 |
0.47 |
0.49 |
0.49 |
0.51 |
Provision for Credit Losses |
|
2.25 |
1.25 |
0.90 |
1.25 |
1.05 |
0.80 |
0.90 |
2.00 |
2.75 |
1.30 |
Total Non-Interest Expense |
|
10 |
11 |
11 |
12 |
12 |
13 |
13 |
14 |
14 |
14 |
Salaries and Employee Benefits |
|
5.65 |
5.70 |
6.62 |
6.42 |
6.88 |
7.18 |
7.58 |
7.80 |
7.97 |
8.36 |
Net Occupancy & Equipment Expense |
|
1.31 |
1.35 |
1.40 |
1.56 |
1.58 |
1.69 |
1.78 |
1.88 |
1.95 |
2.02 |
Marketing Expense |
|
0.51 |
0.57 |
0.42 |
0.73 |
0.54 |
0.72 |
0.46 |
0.62 |
0.58 |
0.75 |
Property & Liability Insurance Claims |
|
0.20 |
0.25 |
0.40 |
0.41 |
0.38 |
0.37 |
0.40 |
0.39 |
0.41 |
0.44 |
Other Operating Expenses |
|
2.51 |
2.86 |
2.29 |
2.85 |
2.65 |
2.70 |
2.50 |
2.82 |
2.87 |
2.92 |
Income Tax Expense |
|
4.83 |
5.49 |
5.34 |
4.44 |
4.75 |
4.35 |
4.33 |
4.37 |
4.30 |
6.05 |
Basic Earnings per Share |
|
$0.68 |
$0.77 |
$0.77 |
$0.74 |
$0.64 |
$0.63 |
$0.62 |
$0.51 |
$0.52 |
$0.61 |
Weighted Average Basic Shares Outstanding |
|
17.25M |
17.26M |
17.26M |
17.26M |
17.26M |
17.35M |
21.32M |
21.32M |
21.32M |
21.33M |
Diluted Earnings per Share |
|
$0.68 |
$0.77 |
$0.77 |
$0.74 |
$0.64 |
$0.63 |
$0.62 |
$0.51 |
$0.52 |
$0.61 |
Weighted Average Diluted Shares Outstanding |
|
17.25M |
17.26M |
17.26M |
17.26M |
17.26M |
17.35M |
21.32M |
21.32M |
21.32M |
21.33M |
Weighted Average Basic & Diluted Shares Outstanding |
|
17.25M |
17.26M |
17.26M |
17.26M |
17.26M |
17.35M |
21.32M |
21.32M |
21.32M |
21.33M |
Annual Cash Flow Statements for Five Star Bancorp
This table details how cash moves in and out of Five Star Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
-165 |
62 |
31 |
Net Cash From Operating Activities |
46 |
39 |
52 |
Net Cash From Continuing Operating Activities |
46 |
39 |
52 |
Net Income / (Loss) Continuing Operations |
45 |
48 |
46 |
Consolidated Net Income / (Loss) |
45 |
48 |
46 |
Provision For Loan Losses |
6.70 |
4.00 |
6.95 |
Depreciation Expense |
1.64 |
1.61 |
1.88 |
Amortization Expense |
1.92 |
1.70 |
1.80 |
Non-Cash Adjustments to Reconcile Net Income |
-10 |
-13 |
-4.44 |
Changes in Operating Assets and Liabilities, net |
1.29 |
-2.71 |
-0.08 |
Net Cash From Investing Activities |
-837 |
-279 |
-447 |
Net Cash From Continuing Investing Activities |
-837 |
-279 |
-447 |
Purchase of Property, Leasehold Improvements and Equipment |
-0.48 |
-0.65 |
-0.63 |
Purchase of Investment Securities |
-9.92 |
-7.26 |
-447 |
Sale and/or Maturity of Investments |
22 |
17 |
11 |
Other Investing Activities, net |
-848 |
-288 |
-10 |
Net Cash From Financing Activities |
626 |
302 |
426 |
Net Cash From Continuing Financing Activities |
626 |
302 |
426 |
Net Change in Deposits |
496 |
245 |
531 |
Issuance of Debt |
175 |
0.00 |
-170 |
Issuance of Common Equity |
0.00 |
0.00 |
81 |
Repayment of Debt |
-30 |
70 |
0.00 |
Payment of Dividends |
-15 |
-13 |
-16 |
Cash Interest Paid |
1.35 |
62 |
87 |
Cash Income Taxes Paid |
5.20 |
20 |
17 |
Quarterly Cash Flow Statements for Five Star Bancorp
This table details how cash moves in and out of Five Star Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
47 |
-58 |
88 |
-48 |
23 |
-1.97 |
-136 |
5.03 |
60 |
101 |
Net Cash From Operating Activities |
|
16 |
18 |
0.69 |
25 |
15 |
-1.63 |
0.25 |
16 |
18 |
18 |
Net Cash From Continuing Operating Activities |
|
16 |
18 |
0.69 |
25 |
15 |
-1.63 |
0.25 |
16 |
18 |
18 |
Net Income / (Loss) Continuing Operations |
|
12 |
13 |
13 |
13 |
11 |
11 |
11 |
11 |
11 |
13 |
Consolidated Net Income / (Loss) |
|
12 |
13 |
13 |
13 |
11 |
11 |
11 |
11 |
11 |
13 |
Provision For Loan Losses |
|
2.25 |
1.25 |
0.90 |
1.25 |
1.05 |
0.80 |
0.90 |
2.00 |
2.75 |
1.30 |
Depreciation Expense |
|
0.41 |
0.41 |
0.42 |
0.41 |
0.40 |
0.39 |
0.47 |
0.47 |
0.47 |
0.47 |
Amortization Expense |
|
0.55 |
0.53 |
0.31 |
0.64 |
0.17 |
0.59 |
0.16 |
0.41 |
-0.00 |
1.24 |
Non-Cash Adjustments to Reconcile Net Income |
|
2.14 |
0.08 |
-11 |
1.12 |
-0.87 |
-2.56 |
-9.78 |
3.98 |
3.09 |
-1.72 |
Changes in Operating Assets and Liabilities, net |
|
-0.88 |
2.92 |
-2.98 |
8.78 |
3.14 |
-12 |
-2.13 |
-1.61 |
0.28 |
3.39 |
Net Cash From Investing Activities |
|
-198 |
-207 |
-69 |
-59 |
-81 |
-72 |
-12 |
-161 |
-203 |
-70 |
Net Cash From Continuing Investing Activities |
|
-198 |
-207 |
-69 |
-59 |
-81 |
-72 |
-12 |
-161 |
-203 |
-70 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.10 |
-0.08 |
-0.24 |
-0.10 |
-0.14 |
-0.18 |
-0.11 |
-0.20 |
-0.21 |
-0.11 |
Purchase of Investment Securities |
|
-0.00 |
-1.00 |
-2.00 |
-133 |
-83 |
211 |
-1.55 |
-176 |
176 |
-446 |
Sale and/or Maturity of Investments |
|
4.70 |
2.84 |
3.13 |
4.89 |
2.99 |
5.69 |
1.23 |
4.67 |
2.74 |
2.60 |
Other Investing Activities, net |
|
-203 |
-209 |
-69 |
69 |
- |
-288 |
-11 |
10 |
-382 |
373 |
Net Cash From Financing Activities |
|
229 |
131 |
156 |
-14 |
89 |
71 |
-125 |
150 |
246 |
154 |
Net Cash From Continuing Financing Activities |
|
229 |
131 |
156 |
-14 |
89 |
71 |
-125 |
150 |
246 |
154 |
Net Change in Deposits |
|
113 |
168 |
138 |
9.33 |
102 |
-5.31 |
-71 |
194 |
250 |
158 |
Repayment of Debt |
|
- |
-134 |
20 |
-20 |
-10 |
80 |
-50 |
-120 |
- |
170 |
Payment of Dividends |
|
-2.59 |
-2.59 |
-2.59 |
-3.45 |
-3.45 |
-3.45 |
-3.45 |
-4.26 |
-4.26 |
-4.26 |
Cash Interest Paid |
|
1.71 |
-1.71 |
0.47 |
2.25 |
41 |
18 |
23 |
19 |
23 |
22 |
Cash Income Taxes Paid |
|
- |
- |
0.00 |
0.69 |
0.79 |
18 |
0.14 |
9.25 |
2.00 |
5.50 |
Annual Balance Sheets for Five Star Bancorp
This table presents Five Star Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
3,227 |
3,593 |
4,053 |
Cash and Due from Banks |
33 |
27 |
34 |
Interest Bearing Deposits at Other Banks |
227 |
295 |
318 |
Time Deposits Placed and Other Short-Term Investments |
9.85 |
5.86 |
4.12 |
Trading Account Securities |
129 |
123 |
104 |
Loans and Leases, Net of Allowance |
-28 |
-34 |
-38 |
Allowance for Loan and Lease Losses |
28 |
34 |
38 |
Premises and Equipment, Net |
1.61 |
1.62 |
1.58 |
Other Assets |
2,855 |
3,176 |
3,629 |
Total Liabilities & Shareholders' Equity |
3,227 |
3,593 |
4,053 |
Total Liabilities |
2,974 |
3,307 |
3,657 |
Non-Interest Bearing Deposits |
971 |
831 |
923 |
Interest Bearing Deposits |
1,811 |
2,196 |
2,635 |
Accrued Interest Payable |
14 |
31 |
18 |
Long-Term Debt |
174 |
244 |
74 |
Other Long-Term Liabilities |
4.24 |
5.60 |
6.86 |
Commitments & Contingencies |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
253 |
286 |
397 |
Total Preferred & Common Equity |
253 |
286 |
397 |
Preferred Stock |
0.00 |
0.00 |
0.00 |
Total Common Equity |
253 |
286 |
397 |
Common Stock |
220 |
221 |
303 |
Retained Earnings |
47 |
77 |
106 |
Accumulated Other Comprehensive Income / (Loss) |
-13 |
-12 |
-12 |
Quarterly Balance Sheets for Five Star Bancorp
This table presents Five Star Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
3,075 |
3,397 |
3,403 |
3,505 |
3,476 |
3,634 |
3,887 |
Cash and Due from Banks |
|
33 |
27 |
29 |
27 |
30 |
29 |
45 |
Interest Bearing Deposits at Other Banks |
|
284 |
321 |
272 |
297 |
156 |
162 |
206 |
Time Deposits Placed and Other Short-Term Investments |
|
10 |
9.62 |
7.34 |
6.97 |
5.88 |
4.10 |
4.12 |
Trading Account Securities |
|
129 |
130 |
123 |
117 |
118 |
111 |
110 |
Loans and Leases, Net of Allowance |
|
2,555 |
-34 |
-34 |
-34 |
-35 |
-35 |
-38 |
Allowance for Loan and Lease Losses |
|
28 |
34 |
34 |
34 |
35 |
35 |
38 |
Premises and Equipment, Net |
|
1.69 |
1.68 |
1.60 |
1.56 |
1.57 |
1.61 |
1.66 |
Other Assets |
|
61 |
2,942 |
3,005 |
3,090 |
3,200 |
3,362 |
3,558 |
Total Liabilities & Shareholders' Equity |
|
3,075 |
3,397 |
3,403 |
3,505 |
3,476 |
3,634 |
3,887 |
Total Liabilities |
|
2,835 |
3,137 |
3,134 |
3,231 |
3,184 |
3,254 |
3,497 |
Non-Interest Bearing Deposits |
|
1,021 |
837 |
834 |
833 |
817 |
826 |
907 |
Interest Bearing Deposits |
|
1,594 |
2,084 |
2,096 |
2,199 |
2,138 |
2,324 |
2,493 |
Accrued Interest Payable |
|
9.46 |
17 |
25 |
30 |
27 |
23 |
16 |
Long-Term Debt |
|
207 |
194 |
174 |
164 |
194 |
74 |
74 |
Other Long-Term Liabilities |
|
4.49 |
5.43 |
5.28 |
5.04 |
7.32 |
7.08 |
7.10 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
239 |
261 |
269 |
274 |
293 |
380 |
390 |
Total Preferred & Common Equity |
|
239 |
261 |
269 |
274 |
293 |
380 |
390 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
239 |
261 |
269 |
274 |
293 |
380 |
390 |
Common Stock |
|
219 |
220 |
220 |
220 |
221 |
302 |
302 |
Retained Earnings |
|
36 |
53 |
62 |
70 |
84 |
91 |
97 |
Accumulated Other Comprehensive Income / (Loss) |
|
-16 |
-12 |
-13 |
-16 |
-12 |
-12 |
-9.73 |
Annual Metrics And Ratios for Five Star Bancorp
This table displays calculated financial ratios and metrics derived from Five Star Bancorp's official financial filings.
Metric |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
Revenue Growth |
29.85% |
7.41% |
6.57% |
EBITDA Growth |
34.50% |
5.29% |
-2.19% |
EBIT Growth |
33.32% |
5.98% |
-2.84% |
NOPAT Growth |
5.56% |
6.55% |
-4.32% |
Net Income Growth |
5.56% |
6.55% |
-4.32% |
EPS Growth |
-7.77% |
6.51% |
-18.71% |
Operating Cash Flow Growth |
60.43% |
-15.36% |
33.08% |
Free Cash Flow Firm Growth |
-207.11% |
97.92% |
289.09% |
Invested Capital Growth |
118.65% |
24.18% |
-11.14% |
Revenue Q/Q Growth |
7.39% |
-1.76% |
5.47% |
EBITDA Q/Q Growth |
10.70% |
-4.88% |
8.31% |
EBIT Q/Q Growth |
10.82% |
-5.15% |
6.97% |
NOPAT Q/Q Growth |
4.61% |
-4.94% |
5.84% |
Net Income Q/Q Growth |
4.61% |
-4.94% |
5.84% |
EPS Q/Q Growth |
7.41% |
-4.79% |
-0.88% |
Operating Cash Flow Q/Q Growth |
46.07% |
-34.06% |
61.03% |
Free Cash Flow Firm Q/Q Growth |
-1,696.91% |
-194.20% |
512.10% |
Invested Capital Q/Q Growth |
-4.45% |
20.97% |
1.45% |
Profitability Metrics |
- |
- |
- |
EBITDA Margin |
60.25% |
59.07% |
54.22% |
EBIT Margin |
57.03% |
56.27% |
51.30% |
Profit (Net Income) Margin |
40.64% |
40.32% |
36.20% |
Tax Burden Percent |
71.27% |
71.66% |
70.57% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
28.73% |
28.34% |
29.43% |
Return on Invested Capital (ROIC) |
0.00% |
9.99% |
9.13% |
ROIC Less NNEP Spread (ROIC-NNEP) |
0.00% |
9.99% |
9.13% |
Return on Net Nonoperating Assets (RNNOA) |
0.00% |
7.74% |
4.25% |
Return on Equity (ROE) |
18.37% |
17.73% |
13.39% |
Cash Return on Invested Capital (CROIC) |
-625.55% |
-11.58% |
20.93% |
Operating Return on Assets (OROA) |
3.90% |
1.95% |
1.69% |
Return on Assets (ROA) |
2.78% |
1.40% |
1.19% |
Return on Common Equity (ROCE) |
18.37% |
17.73% |
13.39% |
Return on Equity Simple (ROE_SIMPLE) |
17.72% |
16.70% |
11.51% |
Net Operating Profit after Tax (NOPAT) |
45 |
48 |
46 |
NOPAT Margin |
40.64% |
40.32% |
36.20% |
Net Nonoperating Expense Percent (NNEP) |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
26.88% |
30.18% |
33.10% |
Operating Expenses to Revenue |
36.90% |
40.35% |
43.19% |
Earnings before Interest and Taxes (EBIT) |
63 |
67 |
65 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
66 |
70 |
68 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.73 |
1.52 |
1.61 |
Price to Tangible Book Value (P/TBV) |
1.73 |
1.52 |
1.61 |
Price to Revenue (P/Rev) |
3.97 |
3.67 |
5.05 |
Price to Earnings (P/E) |
9.76 |
9.11 |
13.95 |
Dividend Yield |
2.37% |
2.98% |
2.68% |
Earnings Yield |
10.25% |
10.98% |
7.17% |
Enterprise Value to Invested Capital (EV/IC) |
0.80 |
0.66 |
0.75 |
Enterprise Value to Revenue (EV/Rev) |
3.09 |
2.97 |
2.81 |
Enterprise Value to EBITDA (EV/EBITDA) |
5.13 |
5.02 |
5.19 |
Enterprise Value to EBIT (EV/EBIT) |
5.42 |
5.27 |
5.48 |
Enterprise Value to NOPAT (EV/NOPAT) |
7.61 |
7.36 |
7.77 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
7.41 |
9.03 |
6.85 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
0.00 |
0.00 |
3.39 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.69 |
0.85 |
0.19 |
Long-Term Debt to Equity |
0.69 |
0.85 |
0.19 |
Financial Leverage |
-4.81 |
0.77 |
0.47 |
Leverage Ratio |
6.61 |
12.66 |
11.21 |
Compound Leverage Factor |
6.61 |
12.66 |
11.21 |
Debt to Total Capital |
40.71% |
46.03% |
15.71% |
Short-Term Debt to Total Capital |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
40.71% |
46.03% |
15.71% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
59.29% |
53.97% |
84.30% |
Debt to EBITDA |
2.61 |
3.49 |
1.08 |
Net Debt to EBITDA |
-1.45 |
-1.20 |
-4.13 |
Long-Term Debt to EBITDA |
2.61 |
3.49 |
1.08 |
Debt to NOPAT |
3.88 |
5.11 |
1.62 |
Net Debt to NOPAT |
-2.15 |
-1.75 |
-6.19 |
Long-Term Debt to NOPAT |
3.88 |
5.11 |
1.62 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
-2,668 |
-55 |
105 |
Operating Cash Flow to CapEx |
9,558.21% |
5,959.26% |
8,246.18% |
Free Cash Flow to Firm to Interest Expense |
-179.66 |
-0.87 |
1.20 |
Operating Cash Flow to Interest Expense |
3.10 |
0.61 |
0.59 |
Operating Cash Flow Less CapEx to Interest Expense |
3.06 |
0.60 |
0.59 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.07 |
0.03 |
0.03 |
Fixed Asset Turnover |
0.00 |
73.35 |
78.68 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
426 |
530 |
471 |
Invested Capital Turnover |
-0.12 |
0.25 |
0.25 |
Increase / (Decrease) in Invested Capital |
2,712 |
103 |
-59 |
Enterprise Value (EV) |
341 |
351 |
355 |
Market Capitalization |
437 |
435 |
637 |
Book Value per Share |
$14.66 |
$16.56 |
$18.60 |
Tangible Book Value per Share |
$14.66 |
$16.56 |
$18.60 |
Total Capital |
426 |
530 |
471 |
Total Debt |
174 |
244 |
74 |
Total Long-Term Debt |
174 |
244 |
74 |
Net Debt |
-96 |
-84 |
-283 |
Capital Expenditures (CapEx) |
0.48 |
0.65 |
0.63 |
Net Nonoperating Expense (NNE) |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
174 |
244 |
74 |
Total Depreciation and Amortization (D&A) |
3.56 |
3.32 |
3.68 |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$2.61 |
$2.78 |
$2.26 |
Adjusted Weighted Average Basic Shares Outstanding |
17.26M |
17.35M |
21.33M |
Adjusted Diluted Earnings per Share |
$2.61 |
$2.78 |
$2.26 |
Adjusted Weighted Average Diluted Shares Outstanding |
17.26M |
17.35M |
21.33M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
17.26M |
17.35M |
21.33M |
Normalized Net Operating Profit after Tax (NOPAT) |
45 |
48 |
46 |
Normalized NOPAT Margin |
40.64% |
40.32% |
36.20% |
Pre Tax Income Margin |
57.03% |
56.27% |
51.30% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
4.23 |
1.05 |
0.74 |
NOPAT to Interest Expense |
3.02 |
0.75 |
0.52 |
EBIT Less CapEx to Interest Expense |
4.20 |
1.04 |
0.73 |
NOPAT Less CapEx to Interest Expense |
2.98 |
0.74 |
0.52 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
34.15% |
27.11% |
35.57% |
Augmented Payout Ratio |
34.15% |
27.11% |
35.57% |
Quarterly Metrics And Ratios for Five Star Bancorp
This table displays calculated financial ratios and metrics derived from Five Star Bancorp's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
32.00% |
32.78% |
26.91% |
14.76% |
-0.33% |
-6.90% |
-6.36% |
0.88% |
10.07% |
22.86% |
EBITDA Growth |
|
26.34% |
48.32% |
37.93% |
19.25% |
-6.46% |
-18.19% |
-18.94% |
-12.04% |
-4.00% |
30.76% |
EBIT Growth |
|
24.35% |
48.61% |
36.82% |
22.35% |
-4.47% |
-19.28% |
-19.13% |
-11.75% |
-3.51% |
27.83% |
NOPAT Growth |
|
6.15% |
17.45% |
33.45% |
27.89% |
-5.63% |
-18.69% |
-19.22% |
-15.30% |
-0.94% |
23.32% |
Net Income Growth |
|
6.15% |
17.45% |
33.45% |
27.89% |
-5.63% |
-18.69% |
-19.22% |
-15.30% |
-0.94% |
23.32% |
EPS Growth |
|
6.25% |
30.51% |
32.76% |
27.59% |
-5.88% |
-18.18% |
-19.48% |
-31.08% |
-18.75% |
-3.17% |
Operating Cash Flow Growth |
|
453.90% |
365.45% |
-80.09% |
217.70% |
-7.72% |
-108.84% |
-64.41% |
-35.72% |
17.39% |
1,201.90% |
Free Cash Flow Firm Growth |
|
26.40% |
-209.75% |
-102.11% |
-66.87% |
110.91% |
96.58% |
88.20% |
99.36% |
-177.12% |
178.36% |
Invested Capital Growth |
|
75.01% |
118.65% |
75.09% |
37.68% |
-1.92% |
24.18% |
7.06% |
2.59% |
5.95% |
-11.14% |
Revenue Q/Q Growth |
|
9.32% |
6.15% |
-0.71% |
-0.40% |
-5.06% |
-0.85% |
-0.13% |
7.31% |
3.59% |
10.67% |
EBITDA Q/Q Growth |
|
14.52% |
12.65% |
-2.41% |
-5.28% |
-10.17% |
-1.47% |
-1.54% |
2.79% |
-1.97% |
34.21% |
EBIT Q/Q Growth |
|
17.82% |
13.52% |
-1.43% |
-7.20% |
-8.00% |
-4.08% |
-1.25% |
1.28% |
0.59% |
27.07% |
NOPAT Q/Q Growth |
|
17.59% |
13.48% |
-0.91% |
-3.28% |
-13.23% |
-2.23% |
-1.56% |
1.42% |
1.47% |
21.72% |
Net Income Q/Q Growth |
|
17.59% |
13.48% |
-0.91% |
-3.28% |
-13.23% |
-2.23% |
-1.56% |
1.42% |
1.47% |
21.72% |
EPS Q/Q Growth |
|
17.24% |
13.24% |
0.00% |
-3.90% |
-13.51% |
-1.56% |
-1.59% |
-17.74% |
1.96% |
17.31% |
Operating Cash Flow Q/Q Growth |
|
106.14% |
14.19% |
-96.24% |
3,491.79% |
-40.12% |
-110.94% |
115.13% |
6,387.45% |
9.34% |
2.70% |
Free Cash Flow Firm Q/Q Growth |
|
-176.27% |
-1,403.02% |
93.27% |
40.29% |
118.06% |
-571.03% |
76.77% |
96.77% |
-2,080.52% |
578.60% |
Invested Capital Q/Q Growth |
|
38.76% |
-4.45% |
6.53% |
-2.53% |
-1.15% |
20.97% |
-8.15% |
-6.59% |
2.09% |
1.45% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
60.41% |
64.11% |
63.01% |
59.93% |
56.70% |
56.34% |
54.55% |
52.25% |
49.45% |
59.97% |
EBIT Margin |
|
57.10% |
61.07% |
60.62% |
56.48% |
54.73% |
52.95% |
52.35% |
49.41% |
47.98% |
55.09% |
Profit (Net Income) Margin |
|
40.42% |
43.21% |
43.12% |
41.87% |
38.27% |
37.74% |
37.20% |
35.16% |
34.44% |
37.88% |
Tax Burden Percent |
|
70.79% |
70.77% |
71.14% |
74.14% |
69.93% |
71.28% |
71.06% |
71.16% |
71.79% |
68.76% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
29.21% |
29.23% |
28.86% |
25.86% |
30.07% |
28.72% |
28.94% |
28.84% |
28.21% |
31.24% |
Return on Invested Capital (ROIC) |
|
11.83% |
0.00% |
14.10% |
13.21% |
10.43% |
9.35% |
9.21% |
9.15% |
9.14% |
9.56% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
11.83% |
0.00% |
14.10% |
13.21% |
10.43% |
9.35% |
9.21% |
9.15% |
9.14% |
9.56% |
Return on Net Nonoperating Assets (RNNOA) |
|
5.98% |
0.00% |
6.37% |
6.89% |
7.54% |
7.24% |
6.45% |
3.49% |
3.27% |
4.45% |
Return on Equity (ROE) |
|
17.81% |
18.37% |
20.47% |
20.11% |
17.97% |
16.59% |
15.66% |
12.63% |
12.41% |
14.01% |
Cash Return on Invested Capital (CROIC) |
|
-42.34% |
-625.55% |
-41.12% |
-18.40% |
13.30% |
-11.58% |
2.79% |
7.09% |
3.79% |
20.93% |
Operating Return on Assets (OROA) |
|
2.13% |
4.17% |
2.29% |
2.18% |
2.00% |
1.84% |
1.77% |
1.64% |
1.55% |
1.82% |
Return on Assets (ROA) |
|
1.51% |
2.95% |
1.63% |
1.62% |
1.40% |
1.31% |
1.26% |
1.17% |
1.11% |
1.25% |
Return on Common Equity (ROCE) |
|
17.81% |
18.37% |
20.47% |
20.11% |
17.97% |
16.59% |
15.66% |
12.63% |
12.41% |
14.01% |
Return on Equity Simple (ROE_SIMPLE) |
|
17.90% |
0.00% |
18.45% |
18.90% |
18.33% |
0.00% |
15.45% |
11.37% |
11.07% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
12 |
13 |
13 |
13 |
11 |
11 |
11 |
11 |
11 |
13 |
NOPAT Margin |
|
40.42% |
43.21% |
43.12% |
41.87% |
38.27% |
37.74% |
37.20% |
35.16% |
34.44% |
37.88% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
25.79% |
24.78% |
27.63% |
28.68% |
31.16% |
33.52% |
34.36% |
33.59% |
33.07% |
31.66% |
Operating Expenses to Revenue |
|
35.13% |
34.87% |
36.43% |
39.41% |
41.63% |
44.25% |
44.50% |
44.07% |
43.37% |
41.21% |
Earnings before Interest and Taxes (EBIT) |
|
17 |
19 |
19 |
17 |
16 |
15 |
15 |
15 |
15 |
19 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
17 |
20 |
19 |
18 |
16 |
16 |
16 |
16 |
16 |
21 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.92 |
1.73 |
1.34 |
1.37 |
1.21 |
1.52 |
1.31 |
1.32 |
1.61 |
1.61 |
Price to Tangible Book Value (P/TBV) |
|
1.92 |
1.73 |
1.34 |
1.37 |
1.21 |
1.52 |
1.31 |
1.32 |
1.61 |
1.61 |
Price to Revenue (P/Rev) |
|
4.47 |
3.97 |
2.99 |
3.07 |
2.76 |
3.67 |
3.28 |
4.29 |
5.26 |
5.05 |
Price to Earnings (P/E) |
|
10.71 |
9.76 |
7.26 |
7.27 |
6.61 |
9.11 |
8.45 |
11.57 |
14.59 |
13.95 |
Dividend Yield |
|
2.26% |
2.37% |
2.97% |
3.03% |
3.64% |
2.98% |
3.61% |
3.41% |
2.71% |
2.68% |
Earnings Yield |
|
9.34% |
10.25% |
13.78% |
13.76% |
15.12% |
10.98% |
11.84% |
8.64% |
6.85% |
7.17% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.76 |
0.80 |
0.41 |
0.53 |
0.38 |
0.66 |
0.79 |
0.84 |
0.97 |
0.75 |
Enterprise Value to Revenue (EV/Rev) |
|
3.29 |
3.09 |
1.59 |
1.96 |
1.37 |
2.97 |
3.30 |
3.25 |
3.75 |
2.81 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
5.63 |
5.13 |
2.58 |
3.16 |
2.25 |
5.02 |
5.83 |
5.95 |
7.10 |
5.19 |
Enterprise Value to EBIT (EV/EBIT) |
|
5.96 |
5.42 |
2.73 |
3.32 |
2.35 |
5.27 |
6.10 |
6.22 |
7.41 |
5.48 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
7.89 |
7.61 |
3.85 |
4.64 |
3.29 |
7.36 |
8.51 |
8.78 |
10.39 |
7.77 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
10.73 |
7.41 |
4.29 |
3.91 |
2.80 |
9.03 |
10.00 |
12.85 |
13.95 |
6.85 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
2.81 |
0.00 |
29.28 |
11.95 |
26.23 |
3.39 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.87 |
0.69 |
0.74 |
0.65 |
0.60 |
0.85 |
0.66 |
0.19 |
0.19 |
0.19 |
Long-Term Debt to Equity |
|
0.87 |
0.69 |
0.74 |
0.65 |
0.60 |
0.85 |
0.66 |
0.19 |
0.19 |
0.19 |
Financial Leverage |
|
0.51 |
-4.81 |
0.45 |
0.52 |
0.72 |
0.77 |
0.70 |
0.38 |
0.36 |
0.47 |
Leverage Ratio |
|
11.82 |
6.61 |
12.56 |
12.42 |
12.82 |
12.66 |
12.42 |
10.83 |
11.13 |
11.21 |
Compound Leverage Factor |
|
11.82 |
6.61 |
12.56 |
12.42 |
12.82 |
12.66 |
12.42 |
10.83 |
11.13 |
11.21 |
Debt to Total Capital |
|
46.39% |
40.71% |
42.62% |
39.22% |
37.40% |
46.03% |
39.84% |
16.25% |
15.93% |
15.71% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
46.39% |
40.71% |
42.62% |
39.22% |
37.40% |
46.03% |
39.84% |
16.25% |
15.93% |
15.71% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
53.61% |
59.29% |
57.38% |
60.78% |
62.60% |
53.97% |
60.16% |
83.75% |
84.07% |
84.30% |
Debt to EBITDA |
|
3.45 |
2.61 |
2.70 |
2.33 |
2.23 |
3.49 |
2.94 |
1.16 |
1.17 |
1.08 |
Net Debt to EBITDA |
|
-2.01 |
-1.45 |
-2.29 |
-1.79 |
-2.27 |
-1.20 |
0.04 |
-1.89 |
-2.87 |
-4.13 |
Long-Term Debt to EBITDA |
|
3.45 |
2.61 |
2.70 |
2.33 |
2.23 |
3.49 |
2.94 |
1.16 |
1.17 |
1.08 |
Debt to NOPAT |
|
4.83 |
3.88 |
4.03 |
3.41 |
3.26 |
5.11 |
4.29 |
1.71 |
1.71 |
1.62 |
Net Debt to NOPAT |
|
-2.82 |
-2.15 |
-3.41 |
-2.63 |
-3.32 |
-1.75 |
0.06 |
-2.79 |
-4.20 |
-6.19 |
Long-Term Debt to NOPAT |
|
4.83 |
3.88 |
4.03 |
3.41 |
3.26 |
5.11 |
4.29 |
1.71 |
1.71 |
1.62 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-180 |
-2,699 |
-182 |
-108 |
20 |
-92 |
-21 |
-0.69 |
-15 |
72 |
Operating Cash Flow to CapEx |
|
17,025.26% |
24,625.33% |
289.17% |
26,238.95% |
11,056.30% |
-892.35% |
228.70% |
7,854.90% |
8,343.33% |
16,975.47% |
Free Cash Flow to Firm to Interest Expense |
|
-43.55 |
-326.48 |
-16.27 |
-7.13 |
1.11 |
-4.73 |
-1.03 |
-0.03 |
-0.68 |
2.98 |
Operating Cash Flow to Interest Expense |
|
3.92 |
2.23 |
0.06 |
1.64 |
0.85 |
-0.08 |
0.01 |
0.81 |
0.79 |
0.74 |
Operating Cash Flow Less CapEx to Interest Expense |
|
3.90 |
2.23 |
0.04 |
1.63 |
0.84 |
-0.09 |
0.01 |
0.79 |
0.78 |
0.74 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.07 |
0.04 |
0.04 |
0.04 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
61.76 |
0.00 |
66.44 |
71.64 |
73.98 |
73.35 |
71.75 |
72.74 |
74.28 |
78.68 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
446 |
426 |
454 |
443 |
438 |
530 |
486 |
454 |
464 |
471 |
Invested Capital Turnover |
|
0.29 |
-0.12 |
0.33 |
0.32 |
0.27 |
0.25 |
0.25 |
0.26 |
0.27 |
0.25 |
Increase / (Decrease) in Invested Capital |
|
191 |
2,712 |
195 |
121 |
-8.55 |
103 |
32 |
11 |
26 |
-59 |
Enterprise Value (EV) |
|
338 |
341 |
185 |
236 |
165 |
351 |
385 |
380 |
449 |
355 |
Market Capitalization |
|
459 |
437 |
349 |
370 |
332 |
435 |
382 |
500 |
630 |
637 |
Book Value per Share |
|
$13.87 |
$14.66 |
$15.10 |
$15.59 |
$15.88 |
$16.56 |
$13.72 |
$17.85 |
$18.29 |
$18.60 |
Tangible Book Value per Share |
|
$13.87 |
$14.66 |
$15.10 |
$15.59 |
$15.88 |
$16.56 |
$13.72 |
$17.85 |
$18.29 |
$18.60 |
Total Capital |
|
446 |
426 |
454 |
443 |
438 |
530 |
486 |
454 |
464 |
471 |
Total Debt |
|
207 |
174 |
194 |
174 |
164 |
244 |
194 |
74 |
74 |
74 |
Total Long-Term Debt |
|
207 |
174 |
194 |
174 |
164 |
244 |
194 |
74 |
74 |
74 |
Net Debt |
|
-121 |
-96 |
-164 |
-134 |
-167 |
-84 |
2.58 |
-121 |
-181 |
-283 |
Capital Expenditures (CapEx) |
|
0.10 |
0.08 |
0.24 |
0.10 |
0.14 |
0.18 |
0.11 |
0.20 |
0.21 |
0.11 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
207 |
174 |
194 |
174 |
164 |
244 |
194 |
74 |
74 |
74 |
Total Depreciation and Amortization (D&A) |
|
0.96 |
0.94 |
0.73 |
1.05 |
0.57 |
0.97 |
0.63 |
0.87 |
0.47 |
1.71 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.68 |
$0.77 |
$0.77 |
$0.74 |
$0.64 |
$0.63 |
$0.62 |
$0.51 |
$0.52 |
$0.61 |
Adjusted Weighted Average Basic Shares Outstanding |
|
17.25M |
17.26M |
17.26M |
17.26M |
17.26M |
17.35M |
21.32M |
21.32M |
21.32M |
21.33M |
Adjusted Diluted Earnings per Share |
|
$0.68 |
$0.77 |
$0.77 |
$0.74 |
$0.64 |
$0.63 |
$0.62 |
$0.51 |
$0.52 |
$0.61 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
17.25M |
17.26M |
17.26M |
17.26M |
17.26M |
17.35M |
21.32M |
21.32M |
21.32M |
21.33M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
17.25M |
17.26M |
17.26M |
17.26M |
17.26M |
17.35M |
21.32M |
21.32M |
21.32M |
21.33M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
12 |
13 |
13 |
13 |
11 |
11 |
11 |
11 |
11 |
13 |
Normalized NOPAT Margin |
|
40.42% |
43.21% |
43.12% |
41.87% |
38.27% |
37.74% |
37.20% |
35.16% |
34.44% |
37.88% |
Pre Tax Income Margin |
|
57.10% |
61.07% |
60.62% |
56.48% |
54.73% |
52.95% |
52.35% |
49.41% |
47.98% |
55.09% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
4.01 |
2.27 |
1.66 |
1.13 |
0.90 |
0.78 |
0.72 |
0.76 |
0.68 |
0.80 |
NOPAT to Interest Expense |
|
2.84 |
1.61 |
1.18 |
0.84 |
0.63 |
0.55 |
0.51 |
0.54 |
0.49 |
0.55 |
EBIT Less CapEx to Interest Expense |
|
3.99 |
2.26 |
1.64 |
1.12 |
0.89 |
0.77 |
0.71 |
0.75 |
0.67 |
0.79 |
NOPAT Less CapEx to Interest Expense |
|
2.82 |
1.60 |
1.16 |
0.83 |
0.62 |
0.54 |
0.51 |
0.53 |
0.48 |
0.54 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
35.72% |
34.15% |
21.52% |
22.04% |
24.05% |
27.11% |
30.54% |
33.79% |
35.76% |
35.57% |
Augmented Payout Ratio |
|
35.72% |
34.15% |
21.52% |
22.04% |
24.05% |
27.11% |
30.54% |
33.79% |
35.76% |
35.57% |
Key Financial Trends
Five Star Bancorp (NASDAQ:FSBC) has shown a steady financial performance over the past four years, with notable growth and some fluctuations across its income statements, balance sheets, and cash flow statements. Here's a summary of the key financial trends and data points observed from Q3 2022 through Q4 2024:
- Net Interest Income has generally increased, reaching $33.5 million in Q4 2024 compared to $27.5 million in Q3 2022, indicating improved profitability from core lending and deposit activities.
- Total Revenue rose to $35.2 million in Q4 2024 from about $28.9 million in Q3 2022, reflecting growth in both interest and non-interest income.
- Net Income attributable to common shareholders increased, reaching $13.3 million in Q4 2024 compared to $11.0 million in Q3 2022, showing stronger overall profitability.
- Basic and diluted earnings per share have improved, with Q4 2024 reporting $0.61 per share versus $0.52 in Q3 2024 and around $0.64 in Q3 2023, suggesting growth in earnings on a per-share basis despite share count increases.
- Provision for Credit Losses remained relatively moderate, with slight increases but under control—$1.3 million in Q4 2024 compared to $1.05 million in Q3 2023 and $2.25 million in Q3 2022—indicating manageable credit risk.
- Total Liabilities increased substantially, from approximately $2.8 billion in Q3 2022 to about $3.5 billion by Q3 2024, mostly due to increases in deposits and long-term debt.
- Total Equity also rose from ~$239 million in Q3 2022 to ~$390 million in Q3 2024, positively supporting the capital structure despite increased liabilities.
- Total Assets have grown from around $3.07 billion in Q3 2022 to $3.88 billion in Q3 2024, indicating overall expansion of the bank’s asset base.
- Cash flows from investing activities have been consistently negative, with significant outflows mainly driven by purchases of investment securities (e.g., -$445.8 million in Q4 2024), which could pressure liquidity if not balanced by financing or operating inflows.
- Repayment of Debt shows considerable variability and large sums (e.g., $170 million repaid in Q4 2024), which may suggest refinancing risk or debt management considerations that investors should monitor.
Summary: Five Star Bancorp demonstrates strong revenue and earnings growth, supported by increased net interest income and effective cost management. The bank’s asset and equity base have expanded, but there are notable large investment expenditures and debt repayments which impact cash flows. Provision for credit losses remains controlled, suggesting stable credit quality. Investors should watch the company’s financing and investing activities closely, as these represent the primary sources of cash flow volatility. Overall, FSBC’s financial trajectory appears positive with steady improvements in profitability and capital, balanced against ongoing strategic investments and refinancing activity.
09/25/25 08:28 AM ETAI Generated. May Contain Errors.