Five Star Bancorp (FSBC) Projected to Post Earnings on Monday

Five Star Bancorp (NASDAQ:FSBC) is projected to release its earnings data after the market closes on Monday, April 28th. Analysts expect Five Star Bancorp to post earnings of $0.61 per share and revenue of $35.27 million 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 released its quarterly earnings results on Monday, January 27th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.04. Five Star Bancorp had a return on equity of 12.89% and a net margin of 21.40%. On average, analysts expect Five Star Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Five Star Bancorp Stock Up 0.8 %

NASDAQ FSBC opened at $26.41 on Monday. The stock’s 50-day moving average price is $28.43 and its 200-day moving average price is $30.14. The company has a market capitalization of $563.30 million, a P/E ratio of 11.58 and a beta of 0.52. Five Star Bancorp has a 52 week low of $21.37 and a 52 week high of $35.13.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Keefe, Bruyette & Woods dropped their price target on shares of Five Star Bancorp from $37.00 to $35.00 and set a “market perform” rating for the company in a research report on Thursday, January 30th. DA Davidson reaffirmed a “buy” rating and issued a $38.50 target price on shares of Five Star Bancorp in a report on Thursday, January 30th. Stephens reissued an “overweight” rating and set a $37.00 price target on shares of Five Star Bancorp in a report on Tuesday, January 28th. Finally, Raymond James reaffirmed an “outperform” rating and issued a $35.00 price objective (down previously from $38.00) on shares of Five Star Bancorp in a research note on Wednesday, January 29th.

Insider Buying and Selling

In other Five Star Bancorp news, CEO James Eugene Beckwith sold 4,000 shares of Five Star Bancorp stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $30.25, for a total value of $121,000.00. Following the sale, the chief executive officer now owns 476,381 shares of the company’s stock, valued at $14,410,525.25. The trade was a 0.83 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Donna Lucas bought 2,650 shares of the stock in a transaction dated Thursday, March 13th. The shares were purchased at an average price of $28.43 per share, with a total value of $75,339.50. Following the completion of the transaction, the director now directly owns 12,076 shares in the company, valued at approximately $343,320.68. The trade was a 28.11 % increase in their position. The disclosure for this purchase can be found here. 25.57% of the stock is owned by company insiders.

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.