Recent Updates — FSBC
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.
The Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock. The dividend is payable to shareholders of record as of November 2, 2026, with payment expected on November 9, 2026. Five Star Bancorp operates as a bank holding company through its wholly owned subsidiary, Five Star Bank, which maintains ten branches in California.
Five Star Bancorp announced it will release its financial results for the third quarter ended September 30, 2026, after market close on Monday, October 26, 2026. Management will host a live webcast at 1:00 PM ET on October 27, 2026, to review the information with analysts and investors. The company operates as a bank holding company through its wholly owned subsidiary, Five Star Bank, which maintains ten branches in California.
On September 4, 2026, director Donna Lucas notified Five Star Bancorp of her immediate resignation from the Board of Directors. The company stated that this departure was not due to any disagreement with management and expressed gratitude for her contributions during her tenure. Five Star Bancorp operates in the banking industry, providing financial services through its subsidiary bank.
Five Star Bancorp entered into an underwriting agreement with Keefe, Bruyette & Woods, Inc. to issue and sell 2,725,000 shares of common stock at $44.00 per share in an underwritten public offering. The company expects to receive approximately $112.9 million in net proceeds to be used for general corporate purposes, growth investments, and working capital. Five Star Bancorp is a bank holding company that operates through its subsidiary, Five Star Bank.