Quarterly ResultApr 27, 2026, 06:32 PM
FSBC Q1 Net Income $18.6M (+42% YoY); EPS $0.87 (+40% YoY); Dividend $0.25
AI Summary
Five Star Bancorp reported net income of $18.6 million for Q1 2026, a 42% increase year-over-year and 5.5% increase quarter-over-quarter. Diluted earnings per share rose to $0.87, up 40% YoY and 4.8% QoQ. The company also declared a cash dividend of $0.25 per share, an increase of $0.05 from previous quarters in 2025. Key highlights include a 3.4% sequential increase in loans held for investment, a 6.39% increase in total deposits, and an improved net interest margin of 3.70% and an efficiency ratio of 38.57%.
Key Highlights
- Net income was $18.6 million, up 42% year-over-year and 5.5% quarter-over-quarter.
- Diluted earnings per common share were $0.87, up 40% year-over-year and 4.8% quarter-over-quarter.
- Declared a cash dividend of $0.25 per share, an increase of $0.05 per share from 2025.
- Loans held for investment increased by $138.5 million, or 3.40% QoQ, to $4.21 billion.
- Total deposits increased by $268.3 million, or 6.39% QoQ, with non-wholesale deposits up 9.37%.
- Net interest margin improved to 3.70% for Q1 2026, up from 3.66% in Q4 2025.
- Efficiency ratio improved to 38.57% for Q1 2026, from 40.62% in Q4 2025.
- Nonperforming loans to loans held for investment decreased to 0.07% from 0.08% QoQ.