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

Five Star Bancorp (NASDAQ:FSBC) announced a quarterly dividend on Thursday, April 16th. Shareholders of record on Monday, May 4th will be given a dividend of 0.25 per share on Monday, May 11th. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Monday, May 4th.

Five Star Bancorp has a dividend payout ratio of 31.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Five Star Bancorp to earn $3.92 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 25.5%.

Five Star Bancorp Trading Up 1.6%

NASDAQ FSBC traded up $0.64 on Friday, reaching $41.09. 74,099 shares of the stock were exchanged, compared to its average volume of 97,339. Five Star Bancorp has a one year low of $26.20 and a one year high of $42.26. The firm has a market capitalization of $878.34 million, a PE ratio of 13.04 and a beta of 0.53. The company’s 50-day simple moving average is $38.89 and its two-hundred day simple moving average is $37.35.

Five Star Bancorp (NASDAQ:FSBC) last released its earnings results on Friday, February 27th. The company reported $0.83 EPS for the quarter. Five Star Bancorp had a net margin of 25.23% and a return on equity of 15.56%. The company had revenue of $43.47 million for the quarter. Sell-side analysts forecast that Five Star Bancorp will post 3.5 earnings per share for the current fiscal year.

Five Star Bancorp Company Profile

Five Star Bancorp, Inc is the bank holding company for Five Star Bank, a community-focused financial institution serving retail and commercial customers primarily in Upstate New York. Headquartered in Rochester, the company provides a range of banking and financial services designed to meet the needs of individuals, families and businesses throughout its regional footprint.

The company’s core business activities include deposit services—such as checking, savings and money market accounts—alongside consumer and mortgage lending.