Five Star Bancorp (FSBC) to Distribute Quarterly Dividend of $0.25 on August 10th

Five Star Bancorp (NASDAQ:FSBC) declared a quarterly dividend on Thursday, July 16th. Investors of record on Monday, August 3rd will be paid a dividend of 0.25 per share on Monday, August 10th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Monday, August 3rd.

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 $3.74 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 26.7%.

Five Star Bancorp Price Performance

FSBC opened at $47.19 on Friday. Five Star Bancorp has a one year low of $28.34 and a one year high of $50.26. The business has a 50 day simple moving average of $46.16 and a two-hundred day simple moving average of $41.75. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 13.96 and a beta of 0.53.

Five Star Bancorp (NASDAQ:FSBC) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.05. Five Star Bancorp had a return on equity of 16.17% and a net margin of 25.92%.The firm had revenue of $47.95 million for the quarter, compared to analyst estimates of $47.72 million. As a group, sell-side analysts expect that Five Star Bancorp will post 3.5 EPS 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.