Five Star Bancorp reports results for the quarter ended in September 30 - Earnings Summary

Five Star Bancorp

29/10/2024 02:26

* Five Star Bancorp  FSBC.OQ  reported quarterly adjusted
earnings
of 52 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of 64 cents.  The mean expectation of three analysts for the
quarter was for earnings of 53 cents per share. Wall Street
expected results to range from 49 cents to 55 cents per share.
    * Revenue rose 10.6% to $30.39 million from a year ago;
analysts
expected $30.81 million. 
    * Five Star Bancorp's reported EPS for the quarter was 52
cents​.
    * The company reported quarterly net income of $10.94
million.
    * Five Star Bancorp shares had fallen by 0.1% this
quarter and
gained 13.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 $33.00 
This summary was machine generated from LSEG data October 29 at
02:26 a.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
 Sep. 30 2024      0.53           0.52           Missed
 Jun. 30 2024      0.49           0.51           Beat
 Mar. 31 2024      0.53           0.62           Beat
 Dec. 31 2023      0.59           0.63           Beat