Five Star Bancorp (FSBC) to Distribute Quarterly Dividend of $0.25 on November 9th

Five Star Bancorp (NASDAQ:FSBC) announced 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 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Monday, November 2nd.

Five Star Bancorp has a dividend payout ratio of 31.8% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Performance

Shares of FSBC stock opened at $44.92 on Friday. Five Star Bancorp has a 52-week low of $32.20 and a 52-week high of $50.26. The stock has a fifty day simple moving average of $44.39 and a two-hundred day simple moving average of $42.76. The firm has a market capitalization of $1.10 billion, a PE ratio of 12.73 and a beta of 0.55.

Five Star Bancorp (NASDAQ:FSBC) last posted its quarterly earnings results on Monday, October 26th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.07. The company had revenue of $52.62 million during the quarter, compared to analyst estimates of $51.31 million. Five Star Bancorp had a net margin of 26.58% and a return on equity of 16.89%. On average, sell-side analysts forecast that Five Star Bancorp will post 3.55 EPS for the current fiscal 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.