DA Davidson Forecasts Lower Earnings for Five Star Bancorp

Five Star Bancorp (NASDAQ:FSBC) – Equities research analysts at DA Davidson decreased their FY2026 EPS estimates for Five Star Bancorp in a research note issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now anticipates that the company will earn $3.06 per share for the year, down from their prior forecast of $3.07. DA Davidson has a “Buy” rating and a $38.50 price objective on the stock. The consensus estimate for Five Star Bancorp’s current full-year earnings is $2.63 per share.

Other equities research analysts also recently issued reports about the stock. Stephens reaffirmed an “overweight” rating and set a $37.00 target price on shares of Five Star Bancorp in a research note on Tuesday, January 28th. Keefe, Bruyette & Woods cut their price target on Five Star Bancorp from $37.00 to $35.00 and set a “market perform” rating on the stock in a report on Thursday, January 30th. Finally, Raymond James reiterated 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.

Five Star Bancorp Trading Up 0.0 %

FSBC opened at $27.87 on Thursday. The firm has a market cap of $594.44 million, a price-to-earnings ratio of 12.22 and a beta of 0.52. The stock’s 50-day moving average price is $29.73 and its 200 day moving average price is $30.49. Five Star Bancorp has a 12-month low of $21.10 and a 12-month high of $35.13.

Five Star Bancorp (NASDAQ:FSBC) last posted its earnings results on Monday, January 27th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.04. Five Star Bancorp had a net margin of 21.40% and a return on equity of 12.89%.

Institutional Investors Weigh In On Five Star Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of FSBC. Geode Capital Management LLC grew 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 worth $11,221,000 after purchasing an additional 25,374 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Five Star Bancorp by 201.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 134,449 shares of the company’s stock worth $3,997,000 after buying an additional 89,834 shares during the last quarter. Barclays PLC increased its position in Five Star Bancorp by 332.1% during the third quarter. Barclays PLC now owns 25,112 shares of the company’s stock worth $746,000 after buying an additional 19,301 shares during the period. State Street Corp lifted its stake in Five Star Bancorp by 21.7% in the third quarter. State Street Corp now owns 373,173 shares of the company’s stock valued at $11,094,000 after buying an additional 66,602 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Five Star Bancorp by 81.5% in the third quarter. JPMorgan Chase & Co. now owns 23,489 shares of the company’s stock valued at $698,000 after acquiring an additional 10,547 shares during the period. 46.94% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Five Star Bancorp

In related news, CEO James Eugene Beckwith sold 4,000 shares of the company’s 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 completion of the transaction, the chief executive officer now directly owns 476,381 shares of the company’s stock, valued at $14,410,525.25. This represents a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Donna Lucas purchased 2,650 shares of the company’s stock in a transaction on Thursday, March 13th. The stock was bought at an average price of $28.43 per share, for a total transaction of $75,339.50. Following the completion of the purchase, the director now directly owns 12,076 shares of the company’s stock, valued at $343,320.68. The trade was a 28.11 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 25.57% of the stock is currently owned by corporate insiders.

Five Star Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, February 3rd were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.87%. Five Star Bancorp’s payout ratio is currently 35.09%.

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.