Five Star Bancorp (NASDAQ:FSBC) Declares Quarterly Dividend of $0.25

Five Star Bancorp (NASDAQ:FSBC) declared a quarterly dividend on Friday, October 16th. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.25 per share on Monday, November 9th. This represents a $1.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Monday, November 2nd.

Five Star Bancorp has a payout ratio of 31.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Five Star Bancorp to earn $3.72 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 26.9%.

Five Star Bancorp Stock Down 1.8%

NASDAQ FSBC opened at $44.92 on Friday. The company’s 50 day moving average is $44.39 and its 200-day moving average is $42.76. Five Star Bancorp has a 12-month low of $32.20 and a 12-month high of $50.26. The firm has a market cap of $1.10 billion, a P/E ratio of 12.73 and a beta of 0.55.

Five Star Bancorp (NASDAQ:FSBC) last announced its quarterly earnings results on Monday, October 26th. The company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.07. The company had revenue of $52.62 million for the quarter, compared to analysts’ expectations of $51.31 million. Five Star Bancorp had a net margin of 26.58% and a return on equity of 16.89%. Equities analysts expect that Five Star Bancorp will post 3.55 EPS for the current year.

About Five Star Bancorp

Five Star Bancorp is the bank holding company for Five Star Bank, a community bank headquartered in the Sacramento, California, area. The bank provides commercial banking services to businesses, professionals, nonprofit organizations and individuals, with an emphasis on relationship-based banking and local market expertise.

Five Star Bank offers a range of deposit products, including checking, savings, money market and time deposit accounts, along with commercial lending solutions. Its lending activities include commercial real estate, construction and land development, commercial and industrial, small business and residential real estate loans.