FIVE STAR BANCORP

Five Star Bancorp announced the full exercise and closing of the underwriters' option to purchase additional shares in its previously announced underwritten public offering. The company sold a total of 3,133,750 shares of its common stock at $44.00 per share, resulting in approximately $130.6 million in net proceeds. These funds are intended for general corporate purposes and to support the company's continued growth, including investments in its banking subsidiary.

Five Star Bancorp announced the pricing of an underwritten public offering of 2,725,000 shares of its common stock at $44.00 per share. The company expects to receive approximately $112.9 million in net proceeds, which will be allocated towards general corporate purposes, supporting continued growth, and working capital. The offering also includes a 30-day option for underwriters to purchase up to an additional 408,750 shares and is anticipated to close around July 24, 2026.

Five Star Bancorp announced the pricing of its previously disclosed underwritten public offering of 2,725,000 shares of common stock at $44.00 per share. The company expects to receive approximately $113.6 million in net proceeds, before deducting offering expenses. The underwriters also have a 30-day option to purchase up to an additional 408,750 shares. The proceeds are intended for general corporate purposes and to support the company's continued growth, including investments in Five Star Bank.

Five Star Bancorp announced the launch of an underwritten public offering of its common stock. The company plans to grant the underwriters a 30-day option to purchase additional shares. The net proceeds from this offering are intended for general corporate purposes, supporting continued growth, including investments in Five Star Bank, and for working capital. Keefe, Bruyette & Woods is the bookrunner, with Stephens Inc., D.A. Davidson & Co., Raymond James & Associates, Inc., and Brean Capital acting as co-managers.

Five Star Bancorp reported net income of $19.4 million for the second quarter of 2026, a 33.71% increase year-over-year, with diluted earnings per share of $0.91. The company saw strong growth in total loans held for investment, up 7.27% quarter-over-quarter to $4.52 billion, and total deposits, up 7.38% to $4.80 billion. While net interest margin expanded year-over-year, it contracted quarter-over-quarter, and nonperforming loans significantly increased to 0.30% of loans held for investment.

Five Star Bancorp announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock. The dividend is scheduled to be paid on August 10, 2026, to shareholders who are on record as of August 3, 2026. This declaration was made on July 17, 2026.

Five Star Bancorp announced the addition of four experienced bankers to establish a presence in Palo Alto, a key Silicon Valley hub. The new team, including Derrick Yee, Andrew Liou, Andrew Holtz, and Jonathan Tombo, brings deep relationships with venture capital firms and venture-backed companies. This strategic move aims to serve entrepreneurs, fund managers, and real estate operators in the competitive Palo Alto market, leveraging the bank's relationship-driven approach. This expansion follows recent growth in Lodi, Southern California, and Walnut Creek, solidifying Five Star Bank's footprint in California.

Five Star Bancorp announced the anticipated dates for its second quarter ended June 30, 2026, financial results release and webcast. The company expects to report its results after the stock market closes on Wednesday, July 22, 2026. A live webcast for analysts and investors will be hosted by management on July 23, 2026, at 1:00 PM ET.

Five Star Bancorp announced it expects to release its financial results for the second quarter ended June 30, 2026, after the stock market closes on Wednesday, July 22, 2026. Following the release, management will host a live webcast for analysts and investors to discuss the results on July 23, 2026, at 1:00 PM ET. The webcast will be available through the "News & Events" section of the Company’s investor relations website, with an archived version available for 90 days.

Five Star Bancorp is continuing its California expansion by opening a new full-service branch in Lodi on July 13, 2026. This move follows previous expansions to Southern California and Walnut Creek, reinforcing the bank's investment in the state's food and agribusiness economy. Lodi was chosen for its diverse agricultural businesses and small business community, aligning with Five Star Bank's relationship-driven approach and supporting the region's economic development.