Quarterly ResultMay 7, 2026, 05:02 PM
FIVE STAR BANCORP Q1 Net Income $18.62M, EPS $0.87
AI Summary
FIVE STAR BANCORP reported a strong first quarter for 2026, with net income increasing by over 42% year-over-year to $18.62 million and diluted EPS rising to $0.87. The company saw significant growth in net interest income, which climbed by nearly 28% to $43.46 million. Total assets grew to $5.03 billion, driven by a 6.38% increase in total deposits and a 3.39% rise in net loans held for investment compared to December 31, 2025. The company also increased its cash dividend to $0.25 per share.
Key Highlights
- Net income for Q1 2026 increased 42.03% to $18.62 million from $13.11 million in Q1 2025.
- Diluted earnings per share rose 40.32% to $0.87 in Q1 2026 from $0.62 in Q1 2025.
- Net interest income grew 27.89% to $43.46 million in Q1 2026 from $33.98 million in Q1 2025.
- Total assets increased 5.82% to $5.03 billion at March 31, 2026, from $4.75 billion at December 31, 2025.
- Total deposits increased 6.38% to $4.47 billion at March 31, 2026, from $4.20 billion at December 31, 2025.
- Net loans held for investment rose 3.39% to $4.17 billion at March 31, 2026, from $4.03 billion at December 31, 2025.
- Cash dividends paid increased to $0.25 per share in Q1 2026, up from $0.20 per share in Q1 2025.
- Provision for credit losses increased to $2.68 million in Q1 2026 from $1.90 million in Q1 2025.
Price Impact
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