Overview

* Five Star Bancorp ( FSBC ) Q2 net income rises to $14.5 mln, up from $10.8 mln yr/yr

* Net interest income for Q2 increases, driven by loan growth and improved average yield on loans

* Company declares cash dividend

Outlook

* Company to open a new office in Walnut Creek market in Q3 2025

* Company expects continued growth in business verticals like Food, Agribusiness

Result Drivers

* LOAN GROWTH - Net interest income rose driven by loan growth and an improvement in the average yield on loans

* DEPOSIT INCREASE - Total deposits grew by $158.3 mln, driven by new account openings

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $0.68

Q2 Net $14.51

Income mln

Q2 Net $36.52

Interest mln

Income

Q2 Net 3.5%

Interest

Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy"

* Wall Street's median 12-month price target for Five Star Bancorp ( FSBC ) is $32.50, about 6.4% above its July 23 closing price of $30.42

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)