Five Star Bancorp Q3 EPS Hits $0.92 as Net Income Climbs to $21.9M
FSBC sits 38% above its 52-week low of $32.2.
Summary
Five Star Bancorp reported Q3 EPS of $0.92, up from $0.91 in Q2, with net income of $21.909 million versus $19.4 million last quarter. Net interest income came in at $50.926 million and the net interest margin was 3.69%, while noninterest income was $1.6 million. The quarter shows steady sequential improvement on both the top and bottom lines for the roughly $1.1 billion market-cap bank. This is the release announced in the October 14 8-K, and the dividend of $0.25 per share declared October 19 remains in place.
At the time of this announcement, FSBC was trading at $44.50 on NASDAQ in the Finance sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $32.20 to $50.26. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.