DA Davidson Lowers Earnings Estimates for Five Star Bancorp

Five Star Bancorp (NASDAQ:FSBC) – Investment analysts at DA Davidson lowered their FY2026 earnings estimates for shares of Five Star Bancorp in a note issued to investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $3.06 for the year, down from their previous estimate of $3.07. DA Davidson currently has a “Buy” rating and a $38.50 target price on the stock. The consensus estimate for Five Star Bancorp’s current full-year earnings is $2.63 per share.

Five Star Bancorp (NASDAQ:FSBC) last announced its quarterly earnings data on Monday, January 27th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. Five Star Bancorp had a net margin of 21.40% and a return on equity of 12.89%.

FSBC has been the subject of several other research reports. 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 report on Wednesday, January 29th. Keefe, Bruyette & Woods cut their price target on shares of Five Star Bancorp from $37.00 to $35.00 and set a “market perform” rating for the company in a report on Thursday, January 30th. Finally, Stephens reiterated an “overweight” rating and issued a $37.00 price objective on shares of Five Star Bancorp in a research note on Tuesday, January 28th.

Five Star Bancorp Price Performance

FSBC opened at $27.87 on Thursday. Five Star Bancorp has a 12 month low of $21.10 and a 12 month high of $35.13. The stock has a market capitalization of $594.44 million, a P/E ratio of 12.22 and a beta of 0.52. The business has a 50 day simple moving average of $29.73 and a 200-day simple moving average of $30.49.

Five Star Bancorp Dividend Announcement

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

Insider Buying and Selling at Five Star Bancorp

In other Five Star Bancorp news, CEO James Eugene Beckwith sold 4,000 shares of Five Star Bancorp stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $30.25, for a total transaction of $121,000.00. Following the completion of the transaction, the chief executive officer now owns 476,381 shares in the company, valued at approximately $14,410,525.25. The trade was a 0.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Donna Lucas purchased 2,650 shares of Five Star Bancorp stock in a transaction on Thursday, March 13th. The stock was acquired at an average cost of $28.43 per share, for a total transaction of $75,339.50. Following the acquisition, the director now directly owns 12,076 shares of the company’s stock, valued at approximately $343,320.68. This represents 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 owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its holdings 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 valued at $3,997,000 after buying an additional 89,834 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Five Star Bancorp during the third quarter valued at $109,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Five Star Bancorp by 25.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 22,435 shares of the company’s stock worth $667,000 after purchasing an additional 4,564 shares in the last quarter. PDT Partners LLC purchased a new stake in Five Star Bancorp during the 3rd quarter worth about $244,000. Finally, State Street Corp raised its stake in Five Star Bancorp by 21.7% in the 3rd quarter. State Street Corp now owns 373,173 shares of the company’s stock valued at $11,094,000 after purchasing an additional 66,602 shares during the last quarter. 46.94% of the stock is currently owned by institutional investors and hedge funds.

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.