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Five Star Bancorp reports Q3 net income of $21.9 million, raises $130M in equity

FSBCFive Star Bancorp

Five Star Bancorp reported third-quarter 2026 net income of $21.9 million, or $0.92 per share, up from $19.4 million and $0.91 per share in the second quarter. The company raised approximately $130.0 million in net proceeds through an underwritten public offering of 3,133,750 shares of common stock during the quarter. Net interest income increased 11% to $50.9 million, driven by loan growth and higher yields, while the efficiency ratio improved to 39.13%. The board declared a quarterly cash dividend of $0.25 per share. Five Star Bancorp is a community banking holding company operating through its subsidiary, Five Star Bank.

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