Five Star Bancorp (FSBC) Q3 2026 Earnings
How Did FSBC Stock React to Q3 2026 Earnings?
Did FSBC Beat Earnings? Q3 2026 Results
Yes. Five Star Bancorp reported Q3 2026 earnings of $0.92 a share on Oct 27, 2026, beating the $0.85 consensus estimate by 7.7%. Revenue was $52.6M against a $51.3M estimate.
Five Star Bancorp delivered a strong third quarter, posting GAAP earnings per share of $0.92 and beating the $0.85 consensus estimate by 7.73%, extending the Sacramento-based lender's streak of consensus EPS beats to five consecutive quarters. Revenue of $52.62 million topped expectations by 2.55%, though it reflected a 20.9% decline from the year-ago period. The most material driver of the quarter's outperformance was a sharp acceleration in net interest income, which climbed to $50.93 million sequentially as net interest margin widened six basis points to 3.69%, benefiting from growth in higher-yielding loans and a 25-basis-point year-over-year decline in average deposit funding costs following Federal Reserve rate cuts. Net income of $21.91 million rose 34% from the year-ago quarter, while a $130 million public equity offering completed during the period pushed the common equity Tier 1 ratio to 12.52%, providing meaningful capacity for continued balance sheet expansion. The company also declared a quarterly cash dividend of $0.25 per share.
- Growth in higher-yielding loans driving net interest income increase of 10.51% QoQ
- Net interest margin expansion of 6 basis points to 3.69% QoQ
- Lower deposit funding costs following three Federal Reserve rate cuts beginning September 2025
- Efficiency ratio improvement to 39.13% from 40.91% in Q2 2026
- Elimination of brokered deposits from $216.4 million year-ago to zero
- Non-interest-bearing deposit growth of 19.23% year-over-year
- Total loans held for investment growth of 4.08% QoQ (approximately 16% annualized)
- Pre-tax, pre-provision income increased to $32.0 million from $28.3 million QoQ and $24.7 million YoY
- CRE portfolio weighted average LTV of 55.61% reflecting conservative underwriting
- Insured and collateralized deposits rose to 68.08% of total deposits from 65.80% QoQ
“In the third quarter of 2026, Five Star raised approximately $130.0 million in net proceeds through an underwritten public offering of 3,133,750 shares of common stock, expanding our capacity for organic growth and strategic investment. We also strengthened our California presence with the opening of a new branch in Lodi, a new Calabasas administrative office, and four key hires in Palo Alto, bringing our high-tech, high-touch relationship-based banking experience to more clients.”
Five Star Bancorp CEO, on the earnings call
FSBC YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $52.6M | $66.5M | −20.9% |
| Net Income | $21.9M | $16.3M | +34.1% |
| Operating Income | $29.5M | $22.2M | +32.8% |
FSBC Revenue by Segment
When Does Five Star Bancorp Report Next?
Figures from SEC filings and company reports. Not investment advice.