Five Star Bancorp reports results for the quarter ended in June - Earnings Summary

Five Star Bancorp

25/07/2024 24:30

* Five Star Bancorp  FSBC.OQ  reported quarterly adjusted
earnings
of 51 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of 74 cents.  The mean expectation of three analysts for the
quarter was for earnings of 49 cents per share. Wall Street
expected results to range from 47 cents to 50 cents per share.
    * Revenue rose 5.5% to $29.09 million from a year ago;
analysts
expected $28.67 million. 
    * Five Star Bancorp's reported EPS for the quarter was 51
cents​.
    * The company reported quarterly net income of $10.78
million.
    * Five Star Bancorp shares had risen by 23.2% this
quarter and
gained 11.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for Five Star Bancorp
is $27.00 
This summary was machine generated from LSEG data July 24 at
11:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       0.49           0.51           Beat
 Mar. 31 2024      0.53           0.62           Beat
 Dec. 31 2023      0.59           0.63           Beat
 Sep. 30 2023      0.60           0.64           Beat