Five Star Bancorp
Q2 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +3.43%.
Did FSBC Beat Earnings? Q2 2026 Results
Five Star Bancorp delivered a convincing second-quarter 2026 performance, posting diluted earnings per share of $0.91 against a consensus estimate of $0.86, a 5.81% beat that extended the Sacramento-area bank's streak to four consecutive quarters of topping analyst EPS expectations. Revenue came in at $47.95 million, edging past the $47.72 million estimate by 0.48%, though the top line reflected a 22.6% year-over-year decline. The primary engine behind the earnings strength was a surge in organic balance sheet growth, with loans held for investment climbing $306.29 million, or 7.27%, during the quarter alone, pushing the total portfolio to $4.52 billion and lifting net interest income 26.2% year-over-year to $46.08 million. Net income rose 33.7% from a year ago to $19.40 million, even as the bank absorbed higher non-interest expenses tied to a 13.3% year-over-year headcount increase and its ongoing branch expansion, most recently adding a tenth location in Lodi. The company also declared a $0.25 quarterly cash dividend, reinforcing its commitment to returning capital alongside rapid growth.
- Strong organic loan growth of $306.3 million (7.27%) in Q2 2026
- Net interest income increased 26.2% year-over-year driven by higher average loan balances
- Non-wholesale deposit growth of $463.1 million offset wholesale deposit declines
- Net interest margin expanded 10 basis points year-over-year to 3.63%
- Average cost of deposits declined 30 basis points year-over-year to 2.16%
- Non-interest-bearing deposit growth of 21.62% year-over-year supported lower funding costs
- Efficiency ratio improved year-over-year to 40.91% from 41.03%
“Five Star Bank's differentiated customer experience and reputation continue to power demand for our services. In the second quarter of 2026, we are pleased that net income increased to $19.4 million, compared to $18.6 million for the first quarter of 2026, and earnings per share increased to $0.91, up $0.04 from the first quarter of 2026 and up $0.23 from the second quarter of 2025. Net interest margin decreased by seven basis points to 3.63%. Total loans held for investment increased by $306.3 million, or 7% (approximately 29% when annualized), and total deposits increased by $330.0 million, or 7% (approximately 30% when annualized).”
Five Star Bancorp CEO, on the earnings call
FSBC YoY Financials
FSBC Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.