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Five Star Bancorp - FSBC STOCK NEWS

Welcome to our dedicated page for Five Star Bancorp news (Ticker: FSBC), a resource for investors and traders seeking the latest updates and insights on Five Star Bancorp stock.

Five Star Bancorp (FSBC) is a leading bank holding company headquartered in Rancho Cordova, California. Operating through its wholly-owned subsidiary, Five Star Bank, the company provides a broad range of banking products and services tailored to small and medium-sized businesses, professionals, and individuals. Established in 1999 by local entrepreneurs, Five Star Bank has grown to be among the top-performing banks in its size category in the United States.

With a strong presence in Northern California, Five Star Bank maintains offices in key locations including Rocklin, Sacramento, Elk Grove, Rancho Cordova, Chico, and Redding. The bank's commitment to community development is evident through its focus on reinvesting capital within the Capital Region, fostering economic growth and stability.

Five Star Bank offers a variety of loan products such as commercial real estate loans, commercial loans, commercial land and construction loans, and farmland loans. In addition to its loan products, the bank provides deposit products including checking accounts, savings accounts, money market accounts, and term certificate accounts. The bank’s expedient decision-making is powered by professionals with regional expertise, providing clients with prompt and efficient service.

In recent news, Five Star Bancorp announced its financial results for the quarter and year ending December 31, 2023, with a live webcast scheduled for January 30, 2024, to discuss these results. The company continues to make significant strides in the San Francisco Bay Area, filling a gap in personalized concierge banking left by the failures of Silicon Valley Bank and First Republic Bank. Under the leadership of the Bay Area Region President DJ Kurtze, a team of experienced commercial banking professionals is driving client acquisition and retention.

Five Star Bank has received numerous accolades for its performance and community impact. It was named the best-performing U.S. community bank with assets between $3 billion and $10 billion in the 2022 S&P Global Market Intelligence annual ranking. Additionally, it was awarded the 2022 Raymond James Community Bankers Cup, recognizing the top 10% of community banks in the nation based on various profitability, operational efficiency, and balance sheet metrics.

For more information about Five Star Bancorp, visit their official website at www.fivestarbank.com. As a member of the FDIC and an equal housing lender, Five Star Bank remains dedicated to meeting the financial needs of its community while maintaining a strong commitment to regulatory compliance and financial integrity.

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Five Star Bancorp, a California-based holding company operating through its banking subsidiary Five Star Bank, declared a cash dividend of $0.20 per share on its common stock. The dividend is set to be paid on May 13, 2024, to shareholders of record as of May 6, 2024.
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Five Star Bancorp (FSBC) announces the release date for its first-quarter 2024 earnings and webcast. The company will report its financial results for the quarter ended March 31, 2024, on April 29, 2024, after the stock market closes. A live webcast for analysts and investors will be held on April 30, 2024, at 1:00 PM ET.
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Five Star Bancorp announces the addition of Casey Grafeld to its team to enhance commercial banking services in Marin County. The Company also completed the sale of 517,500 shares of common stock, raising approximately $81.5 million for general corporate purposes and growth.
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Five Star Bancorp (FSBC) announces the pricing of a public offering, aiming to raise approximately $70.9 million for general corporate purposes and continued growth.
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Five Star Bancorp (FSBC) announced a public offering of common stock to support growth and general corporate purposes. The underwriters have an option to purchase additional shares. The net proceeds will be used for investments in the Bank and working capital.
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Five Star Bancorp (FSBC) aims to fill the gap in high-tech, personalized concierge banking in the San Francisco Bay Area. The company is expanding its presence by hiring seasoned professionals and opening a new office in San Francisco.
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Five Star Bancorp (FSBC) reported net income of $10.8 million for Q4 2023, compared to $11.0 million for Q3 2023 and $13.3 million for Q4 2022. Year-end net income for 2023 was $47.7 million, compared to $44.8 million for 2022. Key financial highlights include a decrease in net interest margin, increases in non-interest income and expenses, and a decrease in provision for credit losses.
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Five Star Bancorp (FSBC) declared a cash dividend of $0.20 per share on the Company’s voting common stock, expected to be paid on February 12, 2024, to shareholders of record as of February 5, 2024.
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Five Star Bancorp (Nasdaq: FSBC) will report its financial results for the quarter and year ended December 31, 2023, on January 29, 2024. A live webcast for analysts and investors will be hosted on January 30, 2024, accessible from the company's website. Pre-registration is required for the event.
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Five Star Bancorp reported net income of $11.0 million for Q3 2023, compared to $12.7 million in Q2 2023 and $11.7 million in Q3 2022. Total deposits increased by $102.5 million, or 3.50%, during the quarter. The company's common equity Tier 1 capital ratio was 9.07% as of September 30, 2023.
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FAQ

What is the current stock price of Five Star Bancorp (FSBC)?

The current stock price of Five Star Bancorp (FSBC) is $30.09 as of January 1, 2025.

What is the market cap of Five Star Bancorp (FSBC)?

The market cap of Five Star Bancorp (FSBC) is approximately 641.5M.

What services does Five Star Bancorp provide?

Five Star Bancorp offers a wide range of banking products including commercial real estate loans, commercial loans, land and construction loans, farmland loans, checking accounts, savings accounts, money market accounts, and term certificate accounts.

Where is Five Star Bancorp headquartered?

Five Star Bancorp is headquartered in Rancho Cordova, California.

What recent achievements has Five Star Bancorp made?

Five Star Bancorp was named the best-performing U.S. community bank with assets between $3 billion and $10 billion in the 2022 S&P Global Market Intelligence annual ranking and received the 2022 Raymond James Community Bankers Cup.

How does Five Star Bancorp support the community?

Five Star Bancorp focuses on reinvesting capital within the Capital Region to foster economic growth and stability. The bank is a steward of community and economic development.

Who are the key executives at Five Star Bancorp?

Key executives include James Beckwith, the CEO of Five Star Bank, and DJ Kurtze, the Bay Area Region President.

How can I access Five Star Bancorp’s latest financial results?

Financial results can be accessed through the 'News & Events' section of Five Star Bancorp’s website under 'Events'.

What is the significance of the San Francisco Bay Area expansion?

The expansion addresses a gap in high-tech, personalized concierge banking left by the failures of Silicon Valley Bank and First Republic Bank, focusing on client acquisition and community advocacy.

How long has Five Star Bancorp been in operation?

Five Star Bancorp was founded in 1999.

Is Five Star Bancorp a member of any regulatory organizations?

Yes, Five Star Bancorp is a member of the FDIC and is an equal housing lender.

Where can I find more information about Five Star Bancorp?

More information can be found on their official website at www.fivestarbank.com.
Five Star Bancorp

Nasdaq:FSBC

FSBC Rankings

FSBC Stock Data

641.49M
15.57M
26.6%
56.19%
0.79%
Banks - Regional
State Commercial Banks
Link
United States of America
RANCHO CORDOVA