Five Star Bancorp (FSBC)
Market Price (1/21/2026): $37.37 | Market Cap: $793.4 MilSector: Financials | Industry: Regional Banks
Five Star Bancorp (FSBC)
Market Price (1/21/2026): $37.37Market Cap: $793.4 MilSector: 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%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.2%, FCF Yield is 8.7% | Trading close to highsDist 52W High is -2.0%, Dist 3Y High is -2.0% | Key risksFSBC key risks include [1] declining net interest income as interest expenses outpace income, Show more. |
| 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 -70% | Weak multi-year price returns3Y Excs Rtn is -18% | |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 26% | ||
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 47%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 47% | ||
| Low stock price volatilityVol 12M is 27% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.4%, Dividend Yield is 2.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.2%, FCF Yield is 8.7% |
| 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 -70% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 26% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 47%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 47% |
| Low stock price volatilityVol 12M is 27% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments. |
| Trading close to highsDist 52W High is -2.0%, Dist 3Y High is -2.0% |
| Weak multi-year price returns3Y Excs Rtn is -18% |
| Key risksFSBC key risks include [1] declining net interest income as interest expenses outpace income, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
For the approximate time period from October 31, 2025, to January 19, 2026, several key factors contributed to significant movements in Five Star Bancorp (FSBC) stock. While a precise net 6.1% movement over the entire requested period is not explicitly detailed in the available information, notable positive momentum of a similar magnitude was observed in the days immediately preceding the period, primarily driven by strong company announcements and a favorable market outlook.
1. Anticipation of Strong Q3 2025 Earnings. The announcement of the Q3 2025 earnings release timing on October 14, 2025, preceded the requested period and coincided with a 4.3% increase in the stock price. This upward movement likely reflected positive market expectations for the company's upcoming financial results.
2. Declaration of Cash Dividend. On October 17, 2025, Five Star Bancorp declared a cash dividend of $0.20 per share, an event that was associated with a 2.5% positive movement in the stock. Dividend declarations often signal financial stability and can attract investors seeking income.
Show more
Stock Movement Drivers
Fundamental Drivers
The 5.2% change in FSBC stock from 10/31/2025 to 1/20/2026 was primarily driven by a 6.8% change in the company's Total Revenues ($ Mil).| 10312025 | 1202026 | Change | |
|---|---|---|---|
| Stock Price ($) | 35.51 | 37.36 | 5.21% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 139.23 | 148.75 | 6.84% |
| Net Income Margin (%) | 37.26% | 38.51% | 3.35% |
| P/E Multiple | 14.53 | 13.85 | -4.69% |
| Shares Outstanding (Mil) | 21.23 | 21.23 | -0.03% |
| Cumulative Contribution | 5.21% |
Market Drivers
10/31/2025 to 1/20/2026| Return | Correlation | |
|---|---|---|
| FSBC | 5.2% | |
| Market (SPY) | -0.7% | 30.4% |
| Sector (XLF) | 1.6% | 54.0% |
Fundamental Drivers
The 25.7% change in FSBC stock from 7/31/2025 to 1/20/2026 was primarily driven by a 13.0% change in the company's Total Revenues ($ Mil).| 7312025 | 1202026 | Change | |
|---|---|---|---|
| Stock Price ($) | 29.72 | 37.36 | 25.72% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 131.69 | 148.75 | 12.95% |
| Net Income Margin (%) | 36.56% | 38.51% | 5.32% |
| P/E Multiple | 13.09 | 13.85 | 5.79% |
| Shares Outstanding (Mil) | 21.21 | 21.23 | -0.10% |
| Cumulative Contribution | 25.72% |
Market Drivers
7/31/2025 to 1/20/2026| Return | Correlation | |
|---|---|---|
| FSBC | 25.7% | |
| Market (SPY) | 7.5% | 37.4% |
| Sector (XLF) | 1.9% | 55.4% |
Fundamental Drivers
The 26.1% change in FSBC stock from 1/31/2025 to 1/20/2026 was primarily driven by a 25.6% change in the company's Total Revenues ($ Mil).| 1312025 | 1202026 | Change | |
|---|---|---|---|
| Stock Price ($) | 29.62 | 37.36 | 26.11% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 118.47 | 148.75 | 25.56% |
| Net Income Margin (%) | 36.43% | 38.51% | 5.72% |
| P/E Multiple | 14.54 | 13.85 | -4.77% |
| Shares Outstanding (Mil) | 21.18 | 21.23 | -0.23% |
| Cumulative Contribution | 26.11% |
Market Drivers
1/31/2025 to 1/20/2026| Return | Correlation | |
|---|---|---|
| FSBC | 26.1% | |
| Market (SPY) | 13.6% | 49.6% |
| Sector (XLF) | 4.4% | 60.8% |
Fundamental Drivers
The 51.9% change in FSBC stock from 1/31/2023 to 1/20/2026 was primarily driven by a 46.4% change in the company's Total Revenues ($ Mil).| 1312023 | 1202026 | Change | |
|---|---|---|---|
| Stock Price ($) | 24.60 | 37.36 | 51.89% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 101.57 | 148.75 | 46.44% |
| Net Income Margin (%) | 42.16% | 38.51% | -8.67% |
| P/E Multiple | 9.84 | 13.85 | 40.67% |
| Shares Outstanding (Mil) | 17.14 | 21.23 | -23.87% |
| Cumulative Contribution | 43.23% |
Market Drivers
1/31/2023 to 1/20/2026| Return | Correlation | |
|---|---|---|
| FSBC | 51.9% | |
| Market (SPY) | 72.9% | 42.0% |
| Sector (XLF) | 52.2% | 56.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FSBC Return | 127% | -7% | -1% | 19% | 22% | 5% | 220% |
| Peers Return | � | � | � | � | 10% | 7% | � |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| FSBC Win Rate | 50% | 50% | 42% | 58% | 67% | 100% | |
| Peers Win Rate | � | � | � | � | 82% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| FSBC Max Drawdown | 0% | -19% | -32% | -18% | -16% | -0% | |
| Peers Max Drawdown | � | � | � | � | -6% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | 0% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEWT, ATLO, CBC, CBK, HYNE.
[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 1/20/2026 (YTD)
How Low Can It Go
| Event | FSBC | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -43.0% | -25.4% |
| % Gain to Breakeven | 75.3% | 34.1% |
| Time to Breakeven | 545 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -29.8% | -33.9% |
| % Gain to Breakeven | 42.4% | 51.3% |
| Time to Breakeven | 408 days | 148 days |
| 2018 Correction | ||
| % Loss | -13.7% | -19.8% |
| % Gain to Breakeven | 15.9% | 24.7% |
| Time to Breakeven | 68 days | 120 days |
Compare to NEWT, ATLO, CBC, CBK, HYNE
In The Past
Five Star Bancorp's stock fell -43.0% during the 2022 Inflation Shock from a high on 12/6/2021. A -43.0% loss requires a 75.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
AI Analysis | Feedback
Here are 1-2 brief analogies for Five Star Bancorp (FSBC):
- It's like a smaller, Northern California version of Wells Fargo, focused on local businesses and individuals.
- Think of it as a community bank similar to a local Bank of America, but tailored for businesses in Northern California.
AI Analysis | Feedback
- Lending Services: Provides various commercial, real estate, construction, and consumer loans to businesses and individuals.
- Deposit Services: Offers a range of checking, savings, money market, and certificate of deposit accounts for personal and business customers.
- Treasury Management Services: Delivers business solutions such as ACH services, wire transfers, remote deposit capture, and merchant services to manage cash flow.
- Digital Banking: Provides online and mobile banking platforms for convenient account access, bill payments, and funds transfers.
AI Analysis | Feedback
Five Star Bancorp (FSBC) operates as a bank holding company, and its primary subsidiary, Five Star Bank, provides a wide range of banking services. As a financial institution, FSBC does not have a few "major customers" in the traditional sense, as its revenue is derived from a highly diversified base of many borrowers and depositors rather than specific large corporate clients. It serves a broad market rather than being dependent on a handful of clients.
Instead of identifying specific major customer companies, it is more accurate to describe the categories of customers it serves, as it sells to both businesses and individuals. The primary customer categories for Five Star Bancorp include:
- Small to Medium-Sized Businesses (SMEs): These customers primarily consist of local and regional businesses across various industries within their service areas (primarily California's Greater Sacramento area and San Joaquin Valley). They utilize services such as commercial real estate loans, commercial and industrial (C&I) loans, lines of credit, treasury management, and other business banking solutions.
- Individuals and Consumers: This category includes residents seeking personal banking products and services, such as checking and savings accounts, money market accounts, certificates of deposit, residential mortgages, home equity loans, and other consumer lending products.
- Wealth Management Clients: This segment comprises high-net-worth individuals, families, and businesses seeking more specialized financial services, including private banking, investment management, trust services, and financial planning through their wealth management division.
AI Analysis | Feedback
- Q2 Holdings, Inc. (QTWO)
AI Analysis | Feedback
James Beckwith, President and Chief Executive Officer
Mr. Beckwith joined Five Star Bank in 2003 and has nearly 30 years of experience. He previously served as Chief Financial Officer and Chief Operating Officer at National Bank of the Redwoods. He graduated from San Francisco State University with a Bachelor of Science in Business Administration with a concentration in Accounting and is also a graduate of Pacific Coast Banking School. Mr. Beckwith is actively involved in the Sacramento community and serves on the Investment Board of Moneta Ventures Fund II.
Heather Luck, Executive Vice President and Chief Financial Officer
Ms. Luck became Chief Financial Officer in February 2021, having initially joined Five Star Bank in October 2018 as Vice President/Director of Finance. Before her tenure at Five Star Bank, she was a Manager in Assurance Services for Ernst & Young, LLP from 2010 through 2017, where she managed numerous audit engagements. She also served as Senior Assistant Controller-Global Business Units and Mergers & Acquisitions at Oracle from March 2018 to September 2018, responsible for integrating general ledgers of newly acquired entities. Ms. Luck is a licensed Certified Public Accountant in California and holds a Bachelor of Science in Marketing from the University of Utah and a Master of Science in Accounting and Finance from the University of Maryland Global Campus.
Michael Lee, Senior Vice President and Chief Regulatory Officer
Mr. Lee has served as Senior Vice President and Chief Regulatory Officer since 2010. He joined Five Star Bank in 2005 as Chief Financial Officer, and later transitioned to Chief Credit Officer in 2007 before assuming his current role. Prior to joining Five Star Bank, Mr. Lee spent over 14 years with the FDIC as a Supervisory Examiner. He earned a Bachelor's degree in Business Administration with a concentration in Economics from Midwestern State University and is a graduate of Pacific Coast Banking School.
Jack Dalton, Senior Vice President and Chief Credit Officer
Mr. Dalton joined Five Star Bank in 2011 and brings over 41 years of experience in the lending and banking industry. He began his career in 1980 with the Farm Credit System, held roles as a Loan Officer, Branch Manager, and Senior Vice President/Senior Lender. In 1991, he became Senior Vice President, Chief Credit Officer at Stockmans Bank, and later served as Senior Vice President, Region Credit Administrator at PremierWest Bank. He holds a Bachelor of Science degree in Animal Science from California Polytechnic State University, San Luis Obispo.
Maria Ramirez, Senior Vice President and Chief Operations Officer and Chief DE&I Officer
Ms. Ramirez has served as Senior Vice President and Chief Operations Officer and Chief DE&I Officer since February 2021. Her previous roles at Five Star Bank include 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 senior-level banking experience, with expertise in strategic operational processes and sales management.
AI Analysis | Feedback
Five Star Bancorp (FSBC) faces several key risks inherent to the banking industry. Based on available information, the most significant risks to its business include:- Interest Rate Risk: Fluctuations in interest rates significantly impact Five Star Bancorp's net interest income. An increase in interest expense on deposits that outpaces the increase in interest income from loans can negatively affect profitability. For example, recent financial reports indicate that net interest income decreased due to rising interest expenses exceeding interest income increases.
- Credit Risk: This pertains to the potential for losses arising from borrowers defaulting on their loan obligations. Five Star Bancorp has reported increases in its provision for credit losses, which reflects adjustments to expectations for credit losses based on economic trends and loan growth. Additionally, there has been an increase in the ratio of nonperforming loans to loans held for investment in recent periods.
- Market Risk on Investment Securities: The company's financial results have shown unrealized losses on available-for-sale securities due to market conditions. This indicates that changes in market interest rates or other market factors can negatively impact the value of its investment portfolio, potentially affecting its financial position and profitability.
AI Analysis | Feedback
- Increased Competition from Digital-First Banks and Fintechs: These platforms are leveraging technology to offer streamlined digital experiences, competitive rates, and often lower fees, attracting customers (especially younger demographics and small businesses) away from traditional brick-and-mortar institutions for deposits, loans, and payment services. This directly erodes Five Star Bancorp's market share and profitability by challenging its traditional banking model.
- Elevated Commercial Real Estate (CRE) Loan Risk: Five Star Bancorp, like many regional banks, has significant exposure to commercial real estate loans. The persistent high interest rate environment, coupled with potential economic deceleration and evolving market dynamics (e.g., increased remote work impacting office demand and property valuations), creates an emerging threat of increased defaults, higher delinquencies, and potential erosion of collateral values within its CRE loan portfolio.
AI Analysis | Feedback
Five Star Bancorp (FSBC) primarily offers commercial banking and personal banking services, with a strong focus on commercial real estate and business loans, alongside mortgage lending, to small to medium-sized businesses, professionals, and individuals. Its operating region is primarily Northern California, including the greater Sacramento metropolitan area and an expanding presence in the San Francisco Bay Area and Central Valley.
Addressable Market Sizes:
- Commercial Banking (California): The market size of the Commercial Banking industry in California is projected to be approximately $125.7 billion in 2025. This market has been experiencing growth at an average annual rate of 7.1% from 2020 to 2025.
- Real Estate Loans (California): The market size for the Real Estate Loans & Collateralized Debt industry in California is estimated at $62.3 billion in 2025. This segment has grown at an average annual rate of 6.6% from 2020 to 2025. This includes both commercial and residential real estate lending.
- Commercial Lending (U.S.): The broader U.S. commercial banking market is estimated at $732.5 billion in 2025, and is forecasted to reach $915.45 billion by 2030. Commercial lending represented 44.34% of the U.S. commercial banking market share in 2024.
- Mortgage Lending (California): The California Association of Realtors (C.A.R.) forecasts the state's median home price to climb 4.6 percent to $909,400 in 2025, indicating the overall value and activity in the residential mortgage market. The Northern California housing market, including Sacramento, has seen stable home prices, with Sacramento's median home price around $550,000.
AI Analysis | Feedback
Five Star Bancorp (FSBC) is expected to drive future revenue growth over the next 2-3 years through several key strategies and market dynamics:
-
Continued Loan Growth: The company has demonstrated consistent growth in its loan portfolio. For instance, loans held for investment increased by $129.2 million in Q3 2025, representing an annualized growth of 14%. Similarly, Q1 2025 saw an increase of $89.1 million or 2.52% quarter-over-quarter. This expansion of the loan book directly contributes to higher interest income.
-
Net Interest Margin (NIM) Expansion and Effective Deposit Cost Management: Five Star Bancorp has successfully expanded its net interest margin, with a 3-basis point increase to 3.56% in Q3 2025 and a 9-basis point increase to 3.45% in Q1 2025. This has been supported by a decrease in the cost of total deposits. The company anticipates further margin expansion, particularly as loans reprice.
-
Growth in Non-Wholesale Deposits: The company has actively focused on and achieved growth in non-wholesale deposits, which are generally a more stable and lower-cost funding source. Non-wholesale deposits increased by $359 million in Q3 2025 and $48.4 million in Q1 2025. This growth provides a strong foundation for funding loan expansion and managing overall funding costs.
-
Strategic Market Penetration and Customer Expansion: Five Star Bancorp is expanding its operational footprint and customer-facing capabilities. An example is the growth of its San Francisco Bay Area team, which led to a significant increase in deposit balances. An increased headcount to support customer-facing and back-office operations also signals an intent to grow its customer base and market share.
-
Loan Repricing: Management commentary indicates that ongoing loan repricing within its portfolio is expected to continue contributing positively to net interest margin in the near term. This natural cycle of loans resetting to current market rates provides an organic uplift to interest income.
AI Analysis | Feedback
Share Issuance
- Five Star Bancorp (FSBC) completed its Initial Public Offering (IPO) on May 4, 2021, issuing 5.27 million shares at a price of $20 per share, which raised $105.4 million.
- On March 28, 2024, the company announced the pricing of an underwritten public offering of 3,450,000 shares of its common stock at $21.75 per share, expecting to generate approximately $70.9 million in net proceeds.
- The underwriters for the March 2024 offering were granted a 30-day option to purchase up to an additional 517,500 shares of common stock.
Outbound Investments
- Five Star Bancorp reported a change in acquisitions and divestments of $2.1 million for June 2025.
Capital Expenditures
- Five Star Bank expanded its physical presence by opening a new full-service office in Walnut Creek, California, on September 29, 2025.
- The new Walnut Creek office is projected to add $500,000 to $750,000 in quarterly expenses, reflecting ongoing investments in business development.
Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| Five Star Bancorp Stock Rallied 10% - Have You Assessed the Risk | Return | |
| Five Star Bancorp (FSBC) Operating Cash Flow Comparison | Financials | |
| Five Star Bancorp (FSBC) Net Income Comparison | Financials |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Five Star Bancorp
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 23.69 |
| Mkt Cap | 0.3 |
| Rev LTM | 89 |
| Op Inc LTM | - |
| FCF LTM | 19 |
| FCF 3Y Avg | 16 |
| CFO LTM | 20 |
| CFO 3Y Avg | 18 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 21.8% |
| Rev Chg 3Y Avg | 14.1% |
| Rev Chg Q | 22.9% |
| QoQ Delta Rev Chg LTM | 5.2% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 31.5% |
| CFO/Rev 3Y Avg | 31.1% |
| FCF/Rev LTM | 30.8% |
| FCF/Rev 3Y Avg | 27.1% |
Price Behavior
| Market Price | $37.36 | |
| Market Cap ($ Bil) | 0.8 | |
| First Trading Date | 01/17/2012 | |
| Distance from 52W High | -2.0% | |
| 50 Days | 200 Days | |
| DMA Price | $35.76 | $31.38 |
| DMA Trend | up | up |
| Distance from DMA | 4.5% | 19.1% |
| 3M | 1YR | |
| Volatility | 27.4% | 27.1% |
| Downside Capture | 34.26 | 62.90 |
| Upside Capture | 74.03 | 78.20 |
| Correlation (SPY) | 27.3% | 48.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.20 | 0.70 | 0.76 | 1.04 | 0.70 | 0.88 |
| Up Beta | 1.26 | 0.77 | 1.27 | 1.80 | 0.54 | 0.76 |
| Down Beta | -0.47 | 0.98 | 1.15 | 0.93 | 0.82 | 0.77 |
| Up Capture | 9% | 61% | 71% | 103% | 74% | 90% |
| Bmk +ve Days | 11 | 23 | 37 | 72 | 143 | 431 |
| Stock +ve Days | 10 | 19 | 29 | 62 | 127 | 371 |
| Down Capture | -73% | 57% | 22% | 69% | 82% | 102% |
| Bmk -ve Days | 11 | 18 | 27 | 55 | 108 | 320 |
| Stock -ve Days | 12 | 22 | 35 | 65 | 124 | 368 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| FSBC vs. Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| FSBC | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 26.0% | 8.6% | 15.3% | 75.7% | 3.6% | 7.5% | -7.9% |
| Annualized Volatility | 27.0% | 19.0% | 19.3% | 20.3% | 15.3% | 16.8% | 34.3% |
| Sharpe Ratio | 0.83 | 0.31 | 0.61 | 2.67 | 0.03 | 0.26 | -0.08 |
| Correlation With Other Assets | 60.2% | 48.1% | -11.3% | 3.8% | 44.4% | 16.7% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| FSBC vs. Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| FSBC | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 27.9% | 13.3% | 13.8% | 20.4% | 11.5% | 6.0% | 21.1% |
| Annualized Volatility | 49.4% | 18.8% | 17.1% | 15.7% | 18.7% | 18.8% | 48.0% |
| Sharpe Ratio | 0.63 | 0.58 | 0.65 | 1.05 | 0.50 | 0.22 | 0.47 |
| Correlation With Other Assets | 33.8% | 27.1% | 1.1% | 3.1% | 21.7% | 15.6% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| FSBC vs. Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| FSBC | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 14.0% | 13.5% | 15.3% | 15.4% | 8.0% | 5.7% | 70.5% |
| Annualized Volatility | 42.1% | 22.3% | 18.0% | 14.9% | 17.6% | 20.8% | 55.7% |
| Sharpe Ratio | 0.50 | 0.56 | 0.73 | 0.86 | 0.37 | 0.24 | 0.91 |
| Correlation With Other Assets | 27.6% | 24.2% | 0.0% | 5.4% | 21.1% | 10.1% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/28/2025 | -2.8% | -6.8% | -5.5% |
| 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% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 14 | 10 |
| # Negative | 6 | 4 | 8 |
| Median Positive | 2.8% | 2.9% | 4.5% |
| Median Negative | -2.6% | -5.7% | -2.5% |
| 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 |
|---|---|---|
| 09/30/2025 | 11/06/2025 | 10-Q (09/30/2025) |
| 06/30/2025 | 08/07/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 05/08/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 02/28/2025 | 10-K (12/31/2024) |
| 09/30/2024 | 11/07/2024 | 10-Q (09/30/2024) |
| 06/30/2024 | 08/06/2024 | 10-Q (06/30/2024) |
| 03/31/2024 | 05/08/2024 | 10-Q (03/31/2024) |
| 12/31/2023 | 02/23/2024 | 10-K (12/31/2023) |
| 09/30/2023 | 11/08/2023 | 10-Q (09/30/2023) |
| 06/30/2023 | 08/09/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 05/10/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 02/24/2023 | 10-K (12/31/2022) |
| 09/30/2022 | 11/14/2022 | 10-Q (09/30/2022) |
| 06/30/2022 | 08/11/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 05/12/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 02/25/2022 | 10-K (12/31/2021) |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rizzo, Michael Anthony | EVP & Chief Banking Officer | See footnote | Sell | 12152025 | 37.28 | 641 | Form | ||
| 2 | Ramirez-Medina, Lydia Ann | EVP & Chief Operating Officer | Direct | Sell | 11202025 | 33.07 | 600 | 19,842 | 375,675 | Form |
| 3 | Ramirez-Medina, Lydia Ann | EVP & Chief Operating Officer | Direct | Sell | 8182025 | 30.94 | 825 | 25,529 | 370,088 | Form |
| 4 | Beckwith, James Eugene | President & CEO | self as trustee | Sell | 6112025 | 27.74 | 6,429 | 178,366 | 13,038,348 | Form |
| 5 | Ramirez-Medina, Lydia Ann | EVP & Chief Operating Officer | Direct | Sell | 6102025 | 27.43 | 600 | 16,457 | 350,666 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.