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Five Star Bancorp Announces First Quarter 2024 Results

Five Star Bancorp (FSBC) 
US:NASDAQ Investor Relations: franklinsynergybank.com/about
Company Research Source: GlobeNewswire
RANCHO CORDOVA, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the “Bank”), today reported net income of $10.6 million for the three months ended March 31, 2024, as compared to $10.8 million for the three months ended December 31, 2023 and $13.2 million for the three months ended March 31, 2023. First Quarter Highlights Performance and operating highlights for the Company for the periods noted below included the following:  Three months ended(in thousands, except per share and share data)March 31,2024 December 31,2023 March 31,2023Return on average assets (“ROAA”) 1.22%  1.26%  1.65%Return on average equity (“ROAE”) 14.84%   Show less Read more
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