Five Star Bancorp
Q3 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: −0.53%.
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. 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.
- 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
“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.”
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.