Five Star Bancorp reports results for the quarter ended June 30 - Earnings Summary

• Five Star Bancorp FSBC.OQ reported quarterly adjusted earnings of 68 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of four analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 60 cents to 67 cents per share.

• Revenue rose 25.5% to $36.52 million from a year ago; analysts expected $36.20 million.

• Five Star Bancorp's reported EPS for the quarter was 68 cents​.

• The company reported quarterly net income of $14.51 million.

• Five Star Bancorp shares had risen by 6.8% this quarter and gained 1.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for Five Star Bancorp is $32.50, about 6.4% above its last closing price of $30.42

This summary was machine generated from LSEG data July 23 at 11:03 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)