FSBC Stock – Latest News Update

Five Star Bancorp (NASDAQ: FSBC) has declared a cash dividend of $0.20 per share on the company's voting common stock. The dividend is expected to be paid on February 12, 2024, to shareholders of record as of February 5, 2024. This announcement comes as the company continues to strengthen its position in the market.

According to management, "We are pleased to declare this cash dividend, reflecting our commitment to delivering value to our shareholders. This dividend underscores the strength of our financial position and our confidence in the future outlook of Five Star Bancorp."

In response to this news, the company's shares have experienced a 2.0% increase, reaching a trading price of $25.29.

"Looking ahead, we remain focused on executing our strategic initiatives and delivering long-term, sustainable growth for our shareholders," stated management, emphasizing their optimism for the future.

Five Star Bancorp, headquartered in Rancho Cordova, California, operates through its wholly owned banking subsidiary, Five Star Bank, which has seven branches in Northern California.

The company's full 8-K submission is available here.

2020 2021 2022 2023
Revenue (k) $74,390 $81,583 $117,918 $165,604
Revenue Growth n/a 9.67% 44.54% 40.44%
Interest Income (k) $65,210 $77,611 $103,070 $113,337
Operating Margins 50% 57% 53% 42%
Net Margins 48% 52% 38% 30%
Net Income (k) $35,928 $42,441 $44,801 $50,217
Depreciation & Amort. (k) $461 $607 $649 $650
Earnings Per Share $3.57 $2.83 $2.61 $2.92
EPS Growth n/a -20.73% -7.77% 11.88%
Diluted Shares (k) 10,063 14,995 17,166 17,195
Free Cash Flow (k) $50,642 $27,940 $45,494 $58,471
Capital Expenditures $833 $717 $481 $545

Five Star Bancorp has growing revenues and decreasing reinvestment in the business, decent net margins with a stable trend, and The firm's free cash flows have a decent average of $45.64 Million over the last 4 years. The compounded average growth rate over this period is 14.2%, with a year-on-year growth variability coefficient of 472.89%.. However, the firm has declining EPS growth.

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