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Five Star Bancorp Announces Quarterly and Annual Results

Five Star Bancorp (FSBC) 
US:NASDAQ Investor Relations: franklinsynergybank.com/about
Company Research Source: GlobeNewswire
RANCHO CORDOVA, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Five Star Bancorp (Nasdaq: FSBC) (the “Company” or “Five Star”), the holding company for Five Star Bank, today reported net income of $10.8 million for the three months ended December 31, 2023, as compared to $11.0 million for the three months ended September 30, 2023 and $13.3 million for the three months ended December 31, 2022. Net income for the year ended December 31, 2023 was $47.7 million, as compared to $44.8 million for the year ended December 31, 2022. Financial Highlights Performance highlights and other developments for the Company for the periods noted below included the following:  Three months ended(in thousands, except per share and share data)December 31,2023 September 30,2023 December 31,2022Return on average assets (“ROAA”) 1.26%  1.30%  1.70%Return on average equity (“ROAE”) Show less Read more
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