Five Star Bancorp (FSBC)
Market Price (10/29/2026): $46.19 | Market Cap: $1.1 BilSector: Financials | Industry: Regional Banks
Five Star Bancorp (FSBC)
Market Price (10/29/2026): $46.19Market Cap: $1.1 BilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.8%, FCF Yield is 8.3% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -69% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 46% Low stock price volatilityVol 12M is 23% Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. | Key risksFSBC key risks include [1] declining net interest income as interest expenses outpace income, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.8%, FCF Yield is 8.3% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -69% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 46% |
| Low stock price volatilityVol 12M is 23% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. |
| Key risksFSBC key risks include [1] declining net interest income as interest expenses outpace income, Show more. |
Qualitative Assessment
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Five Star Bancorp (FSBC) stock has lost about 5% since 6/30/2026 because of the following key factors:
1. Dilution from Common Stock Offering. Five Star Bancorp completed an underwritten public offering during fiscal Q3 2026, which ended September 30, 2026, raising approximately $130.0 million through the issuance of 3,133,750 new shares. This offering resulted in an 11.03% increase in weighted-average basic common shares outstanding compared to fiscal Q2 2026, thereby diluting the ownership stake of existing shareholders.
2. Broader Regional Banking Sector Headwinds. The regional banking sector faced significant macroeconomic pressures during fiscal Q3 2026. This environment was characterized by the 10-year Treasury yield spiking above 5% and a 25-basis-point Federal Reserve rate hike in September 2026. These "higher for longer" interest rates were noted to be structurally impacting commercial real estate economics, creating a challenging operating environment for regional banks and contributing to pressure on their stock valuations.
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Five Star Bancorp (FSBC) stock has lost about 5% since 6/30/2026 because of the following key factors:
1. Dilution from Common Stock Offering. Five Star Bancorp completed an underwritten public offering during fiscal Q3 2026, which ended September 30, 2026, raising approximately $130.0 million through the issuance of 3,133,750 new shares. This offering resulted in an 11.03% increase in weighted-average basic common shares outstanding compared to fiscal Q2 2026, thereby diluting the ownership stake of existing shareholders.
2. Broader Regional Banking Sector Headwinds. The regional banking sector faced significant macroeconomic pressures during fiscal Q3 2026. This environment was characterized by the 10-year Treasury yield spiking above 5% and a 25-basis-point Federal Reserve rate hike in September 2026. These "higher for longer" interest rates were noted to be structurally impacting commercial real estate economics, creating a challenging operating environment for regional banks and contributing to pressure on their stock valuations.
3. Negative Analyst EPS Revisions. Leading up to the fiscal Q3 2026 earnings report, Five Star Bancorp experienced a negative shift in analyst sentiment. Over the 90 days prior to October 26, 2026, the company saw four negative EPS revisions with no positive revisions. This downward adjustment in earnings expectations by analysts likely contributed to a bearish sentiment and the stock's approximate 5.80% decline over the three months preceding its fiscal Q3 2026 earnings release.
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Stock Movement Drivers
Fundamental Drivers
The -5.4% change in FSBC stock from 6/30/2026 to 10/28/2026 was primarily driven by a -11.7% change in the company's P/E Multiple.| (LTM values as of) | 6302026 | 10282026 | Change |
|---|---|---|---|
| Stock Price ($) | 48.43 | 45.84 | -5.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 167 | 177 | 5.8% |
| Net Income Margin (%) | 40.2% | 40.8% | 1.4% |
| P/E Multiple | 15.3 | 13.5 | -11.7% |
| Shares Outstanding (Mil) | 21 | 21 | -0.1% |
| Cumulative Contribution | -5.4% |
Market Drivers
6/30/2026 to 10/28/2026| Return | Correlation | |
|---|---|---|
| FSBC | -5.4% | |
| Market (SPY) | 3.4% | 18.3% |
| Sector (XLF) | 4.7% | 44.0% |
Fundamental Drivers
The 22.9% change in FSBC stock from 3/31/2026 to 10/28/2026 was primarily driven by a 12.5% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 3312026 | 10282026 | Change |
|---|---|---|---|
| Stock Price ($) | 37.29 | 45.84 | 22.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 157 | 177 | 12.5% |
| Net Income Margin (%) | 39.2% | 40.8% | 3.9% |
| P/E Multiple | 12.9 | 13.5 | 5.4% |
| Shares Outstanding (Mil) | 21 | 21 | -0.2% |
| Cumulative Contribution | 22.9% |
Market Drivers
3/31/2026 to 10/28/2026| Return | Correlation | |
|---|---|---|
| FSBC | 22.9% | |
| Market (SPY) | 19.1% | 24.9% |
| Sector (XLF) | 14.1% | 45.6% |
Fundamental Drivers
The 45.7% change in FSBC stock from 9/30/2025 to 10/28/2026 was primarily driven by a 26.8% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 9302025 | 10282026 | Change |
|---|---|---|---|
| Stock Price ($) | 31.46 | 45.84 | 45.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 139 | 177 | 26.8% |
| Net Income Margin (%) | 37.3% | 40.8% | 9.4% |
| P/E Multiple | 12.9 | 13.5 | 5.2% |
| Shares Outstanding (Mil) | 21 | 21 | -0.2% |
| Cumulative Contribution | 45.7% |
Market Drivers
9/30/2025 to 10/28/2026| Return | Correlation | |
|---|---|---|
| FSBC | 45.7% | |
| Market (SPY) | 16.9% | 28.3% |
| Sector (XLF) | 5.5% | 49.6% |
Fundamental Drivers
The 148.9% change in FSBC stock from 9/30/2023 to 10/28/2026 was primarily driven by a 118.0% change in the company's P/E Multiple.| (LTM values as of) | 9302023 | 10282026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.41 | 45.84 | 148.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 119 | 177 | 47.9% |
| Net Income Margin (%) | 42.6% | 40.8% | -4.3% |
| P/E Multiple | 6.2 | 13.5 | 118.0% |
| Shares Outstanding (Mil) | 17 | 21 | -19.3% |
| Cumulative Contribution | 148.9% |
Market Drivers
9/30/2023 to 10/28/2026| Return | Correlation | |
|---|---|---|
| FSBC | 148.9% | |
| Market (SPY) | 86.9% | 42.1% |
| Sector (XLF) | 76.6% | 56.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FSBC Return | 127% | -7% | -1% | 19% | 22% | 29% | 293% |
| Peers Return | 29% | 8% | 17% | 7% | 2% | 28% | 127% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| FSBC Win Rate | 50% | 50% | 42% | 58% | 67% | 50% | |
| Peers Win Rate | 58% | 60% | 48% | 48% | 56% | 59% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| FSBC Max Drawdown | -19% | -24% | -36% | -20% | -21% | -14% | |
| Peers Max Drawdown | -22% | -21% | -41% | -23% | -25% | -16% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEWT, ATLO, CLBK, GCBC, MBBC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/28/2026 (YTD)
How Low Can It Go
| Event | FSBC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -20.9% | -18.8% |
| % Gain to Breakeven | 26.4% | 23.1% |
| Time to Breakeven | 125 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -23.2% | -9.5% |
| % Gain to Breakeven | 30.1% | 10.5% |
| Time to Breakeven | 47 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -35.4% | -6.7% |
| % Gain to Breakeven | 54.8% | 7.1% |
| Time to Breakeven | 432 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -21.5% | -24.5% |
| % Gain to Breakeven | 27.4% | 32.4% |
| Time to Breakeven | 734 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -29.6% | -33.7% |
| % Gain to Breakeven | 42.1% | 50.9% |
| Time to Breakeven | 408 days | 140 days |
In The Past
Five Star Bancorp's stock fell -20.9% during the 2025 US Tariff Shock. Such a loss loss requires a 26.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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| Event | FSBC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -20.9% | -18.8% |
| % Gain to Breakeven | 26.4% | 23.1% |
| Time to Breakeven | 125 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -23.2% | -9.5% |
| % Gain to Breakeven | 30.1% | 10.5% |
| Time to Breakeven | 47 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -35.4% | -6.7% |
| % Gain to Breakeven | 54.8% | 7.1% |
| Time to Breakeven | 432 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -21.5% | -24.5% |
| % Gain to Breakeven | 27.4% | 32.4% |
| Time to Breakeven | 734 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -29.6% | -33.7% |
| % Gain to Breakeven | 42.1% | 50.9% |
| Time to Breakeven | 408 days | 140 days |
In The Past
Five Star Bancorp's stock fell -20.9% during the 2025 US Tariff Shock. Such a loss loss requires a 26.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Five Star Bancorp (FSBC)
Five Star Bancorp (FSBC) functions as the bank holding company for Five Star Bank, a community-focused financial institution primarily serving clients in Northern California. The company is dedicated to providing a broad spectrum of banking products and services tailored to meet the needs of its local market.
The bank's core offerings include a variety of deposit accounts such as money market, interest and noninterest-bearing checking, savings, and time deposits. On the lending side, Five Star Bank provides diverse loan products, including commercial and residential real estate loans, commercial loans, commercial land loans, farmland loans, and construction loans for both commercial and residential projects, as well as consumer and other loans.
Beyond its traditional deposit and loan services, FSBC also offers convenient banking tools such as debit cards, remote deposit capture, online and mobile banking, and direct deposit services. Its primary customer base consists of small and medium-sized businesses, professionals, and individuals, all served through its network of seven branch offices and two loan production offices located throughout Northern California.
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Here are 1-2 brief analogies for Five Star Bancorp (FSBC):
- Wells Fargo, but for Northern California's small businesses and real estate.
- A localized U.S. Bank serving individuals and businesses in Northern California.
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- Checking Accounts: Offers various accounts, including noninterest-bearing and interest-bearing, for daily transactions.
- Savings Accounts: Provides accounts for customers to save funds and earn interest.
- Money Market Accounts: Offers a type of interest-bearing deposit account with features similar to savings accounts.
- Time Deposits: Provides accounts where funds are held for a fixed duration at a predetermined interest rate.
- Real Estate Loans: Includes financing for commercial, residential, commercial land, and farmland properties.
- Construction Loans: Offers financing specifically for both commercial and residential building projects.
- Commercial Loans: Provides general loans to businesses for operational and growth requirements.
- Consumer Loans: Offers loans directly to individuals for personal financial needs.
- Debit Cards: Provides cards for convenient access to funds and making purchases.
- Digital Banking Services: Encompasses remote deposit capture, online banking, and mobile banking for convenient account management.
- Direct Deposit Services: Facilitates the automatic deposit of various income sources into customer accounts.
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The major customers of Five Star Bancorp (FSBC) are categorized as follows:
- Small and medium-sized businesses
- Professionals
- Individuals
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- Jack Henry & Associates, Inc. (JKHY)
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James Beckwith, President and Chief Executive Officer
Mr. Beckwith has served as President and Chief Executive Officer of Five Star Bancorp since 2003 and is a member of the Company's board of directors. He joined Five Star Bank in 2003 after serving as Chief Financial Officer and Chief Operating Officer at National Bank of the Redwoods in Santa Rosa, California. Mr. Beckwith is described as entrepreneurial and was a driving force behind the creation of the "FIVE PILLAR PROGRAM" (later "RISE Program"), an economic development initiative focused on reinvestment of public funds in the local economy. He holds a Bachelor of Science in Business Administration with a concentration in Accounting from San Francisco State University and is a graduate of Pacific Coast Banking School at the University of Washington.
Heather Luck, Executive Vice President and Chief Financial Officer
Ms. Luck has served as Executive Vice President and Chief Financial Officer since January 2025. She joined Five Star Bancorp in October 2018 as Vice President and Director of Finance, and later served as Senior Vice President and Chief Financial Officer from 2021 to 2025. Prior to joining Five Star Bancorp, Ms. Luck was a Senior Assistant Controller-Global Business Units and Mergers & Acquisitions at Oracle from March 2018 until September 2018, where she was responsible for overseeing the integration of general ledgers of newly acquired entities. Before Oracle, she was a Manager in Assurance Services for Ernst & Young, LLP from 2010 through 2017. Ms. Luck is a licensed Certified Public Accountant in California and earned a Bachelor of Science degree in Marketing from the University of Utah and a Master of Science degree in Accounting and Finance from the University of Maryland Global Campus. She is also a graduate of Pacific Coast Banking School at the University of Washington.
Michael Lee, Senior Vice President and Chief Regulatory Officer
Mr. Lee has served as Senior Vice President and Chief Regulatory Officer of Five Star Bancorp since 2010. He joined the Company in 2005 as Chief Financial Officer, and then transitioned to Chief Credit Officer in 2007, serving in that role until 2010. Before joining Five Star Bancorp, Mr. Lee served over 14 years with the FDIC (Federal Deposit Insurance Corporation) as a Supervisory Examiner. He holds a Bachelor's degree in Business Administration with a concentration in Economics from Midwestern State University in Texas and is a graduate with honors from the Pacific Coast Banking School at the University of Washington.
Maria Ramirez, Executive Vice President and Chief Operating Officer
Ms. Ramirez has served as Executive Vice President and Chief Operating Officer since January 2025. Prior to this role, she served as Senior Vice President and Chief Operations Officer and Chief DE&I Officer from 2021 to 2025, Senior Vice President and Director of Operations from 2018 to 2021, and Senior Vice President and Director of Branch Administration from 2017 to 2018. Ms. Ramirez has over 16 years of experience in senior level banking.
David Kurtze, Executive Vice President and San Francisco Bay Area President
Mr. Kurtze has served as Executive Vice President and San Francisco Bay Area President since January 2025. He previously held the title of Senior Vice President and San Francisco Bay Area President from 2023 to 2025. Before joining Five Star Bancorp, Mr. Kurtze was a Senior Vice President, Group Director at Signature Bank. He graduated from Fresno Pacific University with a Bachelor of Arts in Business Management.
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Here are the key risks to Five Star Bancorp (symbol: FSBC):
- Concentration in Commercial Real Estate (CRE) Loans: Five Star Bancorp has a substantial concentration in commercial real estate loans, which represented 81.08% of its total loans as of December 31, 2025, with total real estate-related loans being 86.07% of the portfolio. As of the first quarter of 2024, the company's investor CRE concentration was approximately 574% of risk-based capital. This elevated exposure makes the bank particularly vulnerable to adverse developments in the commercial property market, such as rising interest rates, increasing vacancies, and falling property values, which have put pressure on California banks.
- Interest Rate Risk and Net Interest Margin Volatility: The company is identified as a "spread-reliant company," meaning a significant portion of its earnings comes from the difference between interest earned on loans and interest paid on deposits. Interest rate volatility presents a key risk, as fluctuations can directly impact net interest margins and deposit costs. While Five Star Bank has demonstrated effective management of these pressures, achieving a net interest margin of 3.53% in Q2 2025, continued shifts in interest rates could affect profitability. Rising interest rates can also lead to a decrease in the value of long-term assets and encourage depositors to seek higher-yielding alternatives.
- Geographic Concentration in Northern California and Regional Economic Sensitivity: Five Star Bancorp primarily operates through seven branch offices and two loan production offices in Northern California, with its deposit franchise largely concentrated in Sacramento. This geographic concentration exposes the bank to regional economic downturns or specific industry challenges within Northern California, such as those impacting the commercial real estate market or the technology sector. Any significant localized economic slowdown or adverse regulatory changes within this region could disproportionately affect the bank's loan portfolio quality, deposit base, and overall financial performance.
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Clear emerging threats for Five Star Bancorp (FSBC) include:
- The rise of digital-only banks (neobanks) that operate with significantly lower overhead, offering more competitive rates and a streamlined mobile-first user experience. These disrupt the traditional branch-based banking model for deposits and some lending services, posing a direct threat to Five Star Bancorp's regional physical footprint and customer base.
- Specialized fintech lenders that leverage advanced technology and data analytics to offer faster, more convenient, and often more tailored loan products (e.g., small business loans, specific real estate financing). This erodes market share from traditional banks like Five Star Bancorp in key lending categories by providing alternative and often more agile financing solutions.
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Five Star Bancorp (symbol: FSBC) operates within the Northern California region, offering a range of banking products and services. While specific market sizes for Northern California for each product are not consistently available, the addressable markets for its main products and services can be estimated based on available data for California.
- Deposits: The total deposits held at community bank branches in California amounted to approximately $314.75 billion as of December 2024. This figure represents the addressable market for deposits for community banks across California.
- Real Estate Loans (Commercial and Residential): The Real Estate Loans & Collateralized Debt industry in California is projected to have a market size of $62.3 billion in 2026. This market size covers various real estate loan products, including commercial and residential real estate loans, as well as construction loans, across the state of California.
- Commercial Loans: The total principal amount of commercial loans originated by finance lenders in California reached $214.2 billion in 2021. This represents a significant portion of the addressable market for commercial loans in California, encompassing general commercial, commercial land, and farmland loans.
- Consumer Loans: Californians held approximately $30 billion in personal loan debt by late 2024. This figure indicates the addressable market for consumer loans, such as personal loans, within California.
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- Expansion into the San Francisco Bay Area Market: Five Star Bancorp has demonstrated a commitment to expanding its presence in the San Francisco Bay Area, evidenced by increased employee headcount in the region and the opening of new offices, including a full-service office in San Francisco's Financial District and a Walnut Creek branch in 2025. This strategic expansion is expected to fuel continued deposit and loan growth.
- Sustained Loan Growth: The company anticipates continued growth in its loan portfolio, with management projecting low double-digit loan growth for 2026 and beyond. This growth is broad-based, encompassing commercial and residential real estate loans, commercial loans, commercial land loans, farmland loans, commercial and residential construction loans, and consumer and other loans, with a strong emphasis on commercial real estate.
- Growth in Non-Wholesale Deposits: Five Star Bancorp is actively working to increase its deposit base, with a particular focus on growing less costly, non-wholesale deposits. The company projects deposit growth for 2024 and achieved significant increases in non-wholesale deposits in 2025, driven by successful customer acquisition strategies and a reduction in reliance on wholesale deposits. This growth in core deposits provides a stable funding source for lending activities.
- Net Interest Margin Expansion: Management expects continued improvement and expansion of its net interest margin (NIM), driven by factors such as new loan production at higher rates and a declining cost of deposits. Analysts also anticipate net interest margin upside to contribute to significant net interest income growth in the coming years.
- Expansion into New Business Lines: Five Star Bancorp has highlighted its expansion into new business sectors, notably the agribusiness sector. This diversification of services to new customer segments is expected to open additional avenues for revenue generation and broaden the company's market reach within Northern California.
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Share Issuance
- Five Star Bancorp completed its Initial Public Offering (IPO) in May 2021, transitioning from a Subchapter S corporation to a taxable C Corporation.
- The number of shares outstanding increased, reaching 21,376,153 as of February 24, 2026, up from 21,319,083 at December 31, 2024, and 21,182,143 at December 31, 2025.
Capital Expenditures
- Net occupancy and equipment expense, which can include capital expenditures, increased from $5.15 million in 2022 to $6.23 million in 2023 and $7.64 million in 2024.
- The company expanded its physical presence by opening a Walnut Creek branch in 2025, contributing to its operational growth.
- Non-interest expense increased by $10.5 million for the full year 2025, primarily driven by higher salaries and benefits due to an increase in headcount, which can be associated with expansion-related capital outlays.
Peer Outperformance in Regional Banks
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| FSBC | Five Star Bancorp | 14.7% | 13.5x | 26.0% | 163.5% | 97.3% | — |
| FCNCA | First Citizens BancShares | 18.0% | 11.4x | 33.2% | 74.9% | 186.5% | +89pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 6 | 34.8% | 72.3% | 116.9% | SPNT 169% · RGA 140% · RNR 137% |
| Investment Banking & Brokerage | 13 | -10.3% | 107.9% | 99.8% | IBKR 386% · SNEX 175% · HOOD 158% |
| Diversified Banks | 12 | 29.9% | 162.0% | 88.9% | CM 144% · RY 129% · JPM 125% |
| Life & Health Insurance | 20 | 16.3% | 54.8% | 80.0% | JXN 510% · UNM 287% · MFC 184% |
| Property & Casualty Insurance | 41 | 16.7% | 74.7% | 63.3% | TRV 168% · PGR 163% · ACGL 156% |
| Multi-line Insurance | 9 | 6.9% | 67.4% | 58.9% | GNW 106% · L 99% · AIZ 89% |
| Regional Banks ← | 265 | 30.6% | 101.4% | 54.9% | CBC 247% · FCNCA 187% · NIC 148% |
| Multi-Sector Holdings | 3 | 3.6% | 62.9% | 53.2% | BRK-B 87% · VOYA 53% · JEF 35% |
| Financial Exchanges & Data | 15 | 3.3% | 41.5% | 22.8% | CBOE 161% · VIRT 156% · CME 66% |
| Insurance Brokers | 15 | -1.5% | 9.6% | 17.7% | LIFE 384% · ARX 89% · AJG 67% |
| Asset Management & Custody Banks | 85 | -12.0% | 23.3% | 8.4% | WT 274% · VCTR 251% · AAMI 220% |
| Consumer Finance | 30 | 2.5% | 82.6% | 5.4% | ENVA 455% · FCFS 122% · AXP 94% |
| Diversified Financial Services | 4 | -6.0% | 20.6% | 4.8% | FRHC 166% · EQH 84% |
| Commercial & Residential Mortgage Finance | 14 | -53.6% | 28.1% | -1.6% | FNMA 372% · FMCC 318% · ACT 160% |
| Specialized Finance | 3 | 10.3% | 42.3% | -9.6% | CACC -10% · HASI -23% |
| Mortgage REITs | 34 | -19.4% | -2.7% | -33.7% | RITM 35% · DX 21% · AGNC 12% |
| Transaction & Payment Processing Services | 17 | 2.8% | 15.9% | -38.5% | V 98% · MA 89% · CPAY 57% |
| Diversified Capital Markets | 20 | -49.5% | 20.9% | -60.1% | LPLA 58% · TW 40% · RIOT -48% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Five Star Bancorp Stock Rallied 10% - Have You Assessed the Risk | 10/17/2025 | |
| Five Star Bancorp (FSBC) Operating Cash Flow Comparison | 02/17/2025 | |
| Five Star Bancorp (FSBC) Net Income Comparison | 02/15/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 24.12 |
| Mkt Cap | 0.6 |
| Rev LTM | 177 |
| Op Inc LTM | - |
| FCF LTM | 42 |
| FCF 3Y Avg | 31 |
| CFO LTM | 42 |
| CFO 3Y Avg | 32 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 22.9% |
| Rev Chg 3Y Avg | 9.1% |
| Rev Chg Q | 18.5% |
| QoQ Delta Rev Chg LTM | 4.3% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 30.3% |
| CFO/Rev 3Y Avg | 30.2% |
| FCF/Rev LTM | 28.9% |
| FCF/Rev 3Y Avg | 27.9% |
Price Behavior
| Market Price | $45.84 | |
| Market Cap ($ Bil) | 1.0 | |
| First Trading Date | 01/17/2012 | |
| Distance from 52W High | -7.2% | |
| 50 Days | 200 Days | |
| DMA Price | $44.38 | $42.46 |
| DMA Trend | down | up |
| Distance from DMA | 3.3% | 8.0% |
| 3M | 1YR | |
| Volatility | 17.3% | 22.7% |
| Downside Capture | 50.11 | 45.46 |
| Upside Capture | 25.97 | 72.05 |
| Correlation (S&P 500) | 10.2% | 28.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.43 | 0.20 | 0.37 | 0.43 | 0.55 | 0.79 |
| Up Beta | -2.13 | -0.17 | -0.19 | 0.24 | 0.55 | 0.70 |
| Down Beta | 0.73 | 0.66 | 0.68 | 0.12 | 0.56 | 0.76 |
| Up Capture | 34% | -7% | 14% | 57% | 57% | 79% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 8 | 15 | 24 | 62 | 120 | 374 |
| Down Capture | 143% | 95% | 100% | 58% | 48% | 93% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 14 | 27 | 40 | 64 | 132 | 367 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FSBC | |
|---|---|---|---|---|
| FSBC | 32.0% | 22.7% | 1.14 | - |
| Sector ETF (XLF) | 6.6% | 14.5% | 0.20 | 48.2% |
| Equity (SPY) | 13.7% | 12.7% | 0.72 | 28.6% |
| Gold (GLD) | 1.8% | 28.3% | 0.05 | 0.6% |
| Commodities (DBC) | 48.4% | 20.6% | 1.80 | -28.5% |
| Real Estate (VNQ) | 2.8% | 13.9% | -0.05 | 30.1% |
| Bitcoin (BTCUSD) | -29.4% | 43.4% | -0.68 | 4.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FSBC | |
|---|---|---|---|---|
| FSBC | 15.5% | 31.2% | 0.49 | - |
| Sector ETF (XLF) | 8.7% | 18.3% | 0.34 | 51.1% |
| Equity (SPY) | 12.7% | 17.1% | 0.56 | 41.0% |
| Gold (GLD) | 17.5% | 18.9% | 0.74 | -0.9% |
| Commodities (DBC) | 9.1% | 19.5% | 0.35 | -0.8% |
| Real Estate (VNQ) | 0.6% | 18.9% | -0.08 | 38.4% |
| Bitcoin (BTCUSD) | 4.1% | 51.6% | 0.26 | 15.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FSBC | |
|---|---|---|---|---|
| FSBC | 13.3% | 29.1% | 0.61 | - |
| Sector ETF (XLF) | 13.2% | 22.1% | 0.54 | 39.8% |
| Equity (SPY) | 15.5% | 17.9% | 0.73 | 34.6% |
| Gold (GLD) | 12.0% | 16.4% | 0.60 | -0.3% |
| Commodities (DBC) | 8.2% | 18.1% | 0.37 | 1.6% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 33.2% |
| Bitcoin (BTCUSD) | 62.3% | 66.2% | 1.02 | 9.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 10/29/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/27/2026 | 2.2% | ||
| 7/22/2026 | -2.1% | -2.0% | -6.4% |
| 4/28/2026 | 0.4% | 1.9% | 5.4% |
| 1/27/2026 | -0.4% | 5.9% | 4.3% |
| 10/28/2025 | -2.8% | -6.3% | -4.9% |
| 7/24/2025 | 3.0% | 1.4% | 10.7% |
| 4/29/2025 | -0.1% | 0.9% | 0.9% |
| 1/28/2025 | 0.6% | -0.9% | -0.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 16 | 12 |
| # Negative | 8 | 5 | 9 |
| Median Positive | 2.5% | 2.9% | 4.9% |
| Median Negative | -2.2% | -4.7% | -2.8% |
| Max Positive | 5.5% | 7.9% | 18.6% |
| Max Negative | -5.2% | -9.1% | -6.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/27/2026 | 2.2% | ||
| 7/22/2026 | -2.1% | -2.0% | -6.4% |
| 4/28/2026 | 0.4% | 1.9% | 5.4% |
| 1/27/2026 | -0.4% | 5.9% | 4.3% |
| 10/28/2025 | -2.8% | -6.3% | -4.9% |
| 7/24/2025 | 3.0% | 1.4% | 10.7% |
| 4/29/2025 | -0.1% | 0.9% | 0.9% |
| 1/28/2025 | 0.6% | -0.9% | -0.1% |
| 10/29/2024 | 3.9% | 1.0% | 10.9% |
| 7/25/2024 | 3.1% | 3.6% | 0.5% |
| 4/30/2024 | 0.8% | 2.4% | 5.8% |
| 1/30/2024 | -4.4% | -9.1% | -4.0% |
| 10/31/2023 | -2.4% | 6.2% | 18.6% |
| 7/25/2023 | 3.0% | 1.1% | -6.9% |
| 4/25/2023 | -0.3% | 3.2% | -0.4% |
| 1/31/2023 | 4.5% | 7.9% | 3.1% |
| 10/25/2022 | 0.3% | 3.6% | 0.9% |
| 7/26/2022 | 2.6% | 0.2% | -2.8% |
| 4/26/2022 | -5.2% | -4.7% | -2.2% |
| 1/31/2022 | 5.5% | 4.1% | 0.3% |
| 10/26/2021 | 1.1% | 7.4% | 16.5% |
| 7/27/2021 | 2.4% | 2.6% | -1.1% |
| SUMMARY STATS | |||
| # Positive | 14 | 16 | 12 |
| # Negative | 8 | 5 | 9 |
| Median Positive | 2.5% | 2.9% | 4.9% |
| Median Negative | -2.2% | -4.7% | -2.8% |
| Max Positive | 5.5% | 7.9% | 18.6% |
| Max Negative | -5.2% | -9.1% | -6.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/28/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/28/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
| 12/31/2021 | 02/25/2022 | 10-K |
| 09/30/2021 | 11/10/2021 | 10-Q |
| 06/30/2021 | 08/13/2021 | 10-Q |
| 03/31/2021 | 06/17/2021 | 10-Q |
| 12/31/2020 | 05/06/2021 | 424B4 |
Recent Forward Guidance
Updated 10/28/2026Latest: Q3 2026 Earnings Reported 10/27/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2026 Dividends | Reported | 0.25 | 0.0% | Same New | Guidance: 0.25 for Q3 2026 | |||
Prior: Q2 2026 Earnings Reported 7/22/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Dividends | Reported | 0.25 | 0 | Same New | Actual: 0.25 for Q2 2026 | |||
Insider Activity
Updated 8/6/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Allbaugh, Larry Eugene | self as Trustee | Buy | 7242026 | 44.00 | 5,682 | 250,008 | 22,325,644 | Form | |
| 2 | Allbaugh, Larry Eugene | OAT Trustee | Buy | 7242026 | 44.00 | 90,909 | 3,999,996 | 48,474,228 | Form | |
| 3 | Perry-Smith, Robert Truxtun | self as trustee | Buy | 7242026 | 44.00 | 31,363 | 1,379,972 | 11,391,512 | Form | |
| 4 | Deary-Bell, Shannon | self as trustee | Buy | 7242026 | 44.00 | 5,682 | 250,008 | 3,750,736 | Form | |
| 5 | Lucas, Donna | self as trustee | Buy | 7242026 | 44.00 | 1,136 | 49,984 | 627,176 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Allbaugh, Larry Eugene | self as Trustee | Buy | 7242026 | 44.00 | 5,682 | 250,008 | 22,325,644 | Form | |
| 2 | Allbaugh, Larry Eugene | OAT Trustee | Buy | 7242026 | 44.00 | 90,909 | 3,999,996 | 48,474,228 | Form | |
| 3 | Perry-Smith, Robert Truxtun | self as trustee | Buy | 7242026 | 44.00 | 31,363 | 1,379,972 | 11,391,512 | Form | |
| 4 | Deary-Bell, Shannon | self as trustee | Buy | 7242026 | 44.00 | 5,682 | 250,008 | 3,750,736 | Form | |
| 5 | Lucas, Donna | self as trustee | Buy | 7242026 | 44.00 | 1,136 | 49,984 | 627,176 | Form | |
| 6 | Riggs, Judson Teichert | self as trustee | Buy | 7242026 | 44.00 | 2,273 | 100,012 | 3,851,364 | Form | |
| 7 | Ramos, Kevin Francis | self as trustee | Buy | 7242026 | 44.00 | 5,682 | 250,008 | 7,812,024 | Form | |
| 8 | Wait, Brett Levi | SVP, Chief Information Officer | Direct | Sell | 5272026 | 42.27 | 1,640 | 69,323 | 713,222 | Form |
| 9 | Lee, Michael Eugene | SVP, Chief Regulatory Officer | self as trustee | Sell | 5262026 | 41.23 | 867 | 35,746 | 1,350,860 | Form |
| 10 | Beckwith, James Eugene | President & CEO | self as trustee | Sell | 5222026 | 41.23 | 6,428 | 265,054 | 19,239,306 | Form |
| 11 | Wait, Brett Levi | SVP & CIO | Direct | Sell | 5152026 | 41.11 | 2,583 | 106,179 | 723,807 | Form |
| 12 | Ramirez-Medina, Lydia Ann | EVP & Chief Operating Officer | Direct | Sell | 5072026 | 40.99 | 400 | 16,396 | 449,250 | Form |
| 13 | Beckwith, James Eugene | President & CEO | self as trustee | Sell | 3112026 | 36.66 | 4,000 | 146,620 | 17,338,328 | Form |
| 14 | Lee, Michael Eugene | SVP & Chief Regulatory Officer | self as trustee | Sell | 2232026 | 39.30 | 1,200 | 47,160 | 1,386,193 | Form |
| 15 | Lee, Michael Eugene | SVP & Chief Regulatory Officer | self as trustee | Sell | 2192026 | 40.73 | 1,200 | 48,882 | 1,485,687 | Form |
| 16 | Rizzo, Michael Anthony | EVP & Chief Banking Officer | See footnote | Sell | 12152025 | 37.28 | 641 | Form | ||
| 17 | Ramirez-Medina, Lydia Ann | EVP & Chief Operating Officer | Direct | Sell | 11202025 | 33.07 | 600 | 19,842 | 375,675 | Form |
| 18 | Ramirez-Medina, Lydia Ann | EVP & Chief Operating Officer | Direct | Sell | 8182025 | 30.94 | 825 | 25,529 | 370,088 | Form |
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Regional Banks Resources |
| Bank Director |
| Independent Banker |
| S&P Global Market Intelligence |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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