Five Star Bancorp

FSBC Q3 2025 Earnings

Reported Oct 27, 2025 at 7:48 PM ET · SEC Source

Q3 25 EPS

$0.77

BEAT +8.76%

Est. $0.71

Q3 25 Revenue

$41.3M

BEAT +2.39%

Est. $40.3M

vs S&P Since Q3 25

+26.4%

BEATING MARKET

FSBC +33.2% vs S&P +6.8%

Market Reaction

Did FSBC Beat Earnings? Q3 2025 Results

Five Star Bancorp posted a standout third quarter, with diluted earnings per share of $0.77 beating the $0.71 consensus estimate by 8.76% and revenue of $41.31 million edging past expectations by 2.39%, even as revenue declined 23.1% from a year ago.… Read more Five Star Bancorp posted a standout third quarter, with diluted earnings per share of $0.77 beating the $0.71 consensus estimate by 8.76% and revenue of $41.31 million edging past expectations by 2.39%, even as revenue declined 23.1% from a year ago. The Sacramento-based lender's outperformance was anchored by a powerful deposit and loan growth cycle: total deposits surged $208.80 million, or 5.36%, to $4.10 billion, while loans held for investment expanded $129.20 million, or 3.44%, to $3.89 billion. Net interest income climbed 7.76% sequentially to $39.35 million as net interest margin widened three basis points to 3.56% and cost of funds eased two basis points to 2.51%. Net income of $16.34 million represented a 48.08% year-over-year jump, with the efficiency ratio tightening to 40.13%. The company's San Francisco Bay Area expansion added further momentum, with that team's deposit balances growing $91.90 million in the quarter to $548.90 million, while the new Walnut Creek branch underscored continued geographic build-out. The company also declared a quarterly dividend of $0.20 per share.

Key Takeaways

  • Organic loan growth of $129.2 million (3.44% QoQ, 13.76% annualized) driven by $353 million in originations and advances
  • Non-wholesale deposit growth of $359.0 million (11.09% QoQ) offsetting $150.2 million decline in wholesale deposits
  • Net interest margin expansion to 3.56% from 3.53% QoQ driven by higher average loan balances and improved loan yields
  • Average loan yield improved 5 basis points to 6.14%
  • Cost of funds decreased 2 basis points to 2.51%
  • Efficiency ratio improved to 40.13% from 41.03% QoQ
  • San Francisco Bay Area deposits reached $548.9 million, up $91.9 million from prior quarter
  • Money market deposit account openings added $141.3 million in new balances
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FSBC YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

FSBC Revenue by Segment

Business unit performance breakdown

“Five Star Bank's third quarter results include outstanding growth in loans and core deposits attributable to our successful organic growth strategy that continues to fuel momentum and drive demand for our differentiated customer experience. During the quarter, total loans held for investment increased by $129.2 million, or 3.44% (13.76% when annualized), and total deposits increased by $208.8 million, or 5.36% (21.45% when annualized). Wholesale deposits decreased by $150.2 million, or 22.87%, while non-wholesale deposits increased by $359.0 million, or 11.09% (44.34% when annualized), during the same period.”

— James E. Beckwith, Q3 2025 Earnings Press Release