{"url":"https://newsforagent.com/news/2026-10-26/five-star-bancorp-q3-profit-offering","markdown_url":"https://newsforagent.com/news/2026-10-26/five-star-bancorp-q3-profit-offering.md","title":"Five Star Bancorp Q3 Net Income Rises 34% to $21.9 Million","headline":"Five Star Bancorp Posts $21.9 Million Q3 Profit as $130 Million Offering Lifts Capital","description":"Five Star Bancorp earned $21.9 million in Q3 2026, up 34% from a year earlier, after a $130 million stock offering lifted its capital ratio to 12.52%.","section":"Earnings & Results","published_at":"2026-10-26T22:48:36+00:00","modified_at":"2026-10-26T22:48:36+00:00","author":"News Desk","key_takeaways":["Five Star Bancorp reported third-quarter 2026 net income of $21.9 million, up 34% from $16.3 million a year earlier.","Net interest income rose 29.4% to $50.9 million, and the net interest margin expanded to 3.69%.","The company raised about $130 million in net proceeds from an offering of 3,133,750 shares and declared a $0.25 per share dividend."],"companies":[{"name":"Five Star Bank","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0000h6n/five-star-bank","website":"http://fivestarbank.com"}],"source":{"publisher":"Stock Titan","title":"Five Star Bancorp Q3 net income up 34% YoY to $21.9M","url":"https://www.stocktitan.net/news/FSBC/five-star-bancorp-announces-third-quarter-2026-tq8scpp39isv.html"},"other_sources":[],"tags":["Earnings & Results","Five Star Bank"],"body_markdown":"Five Star Bancorp reported third-quarter 2026 net income of $21.9 million, up 34% from $16.3 million a year earlier, and said it raised about $130 million in net proceeds from a stock offering. [Stock Titan](https://www.stocktitan.net/news/FSBC/five-star-bancorp-announces-third-quarter-2026-tq8scpp39isv.html) published the results on October 26, 2026.\n\n## Five Star Bancorp's Third Quarter Results\n\nNet interest income rose 29.4% to $50.9 million from $39.3 million a year earlier, and the net interest margin expanded to 3.69% from 3.56%. Basic and diluted earnings per common share were $0.92, up from $0.77 a year earlier. The efficiency ratio improved to 39.13% from 40.13%.\n\nFive Star Bancorp is the holding company for [Five Star Bank](https://akta.pro/company-profiles/0000h6n/five-star-bank), a California community bank with more than $5 billion in assets that serves middle-market businesses, government entities, nonprofits and agribusiness through specialized lending verticals, according to akta.pro [company records](https://akta.pro/company-data).\n\nPresident and Chief Executive Officer James E. Beckwith said, \"In the third quarter of 2026, Five Star raised approximately $130.0 million in net proceeds through an underwritten public offering of 3,133,750 shares of common stock, expanding our capacity for organic growth and strategic investment.\" The offering carried underwriting discounts and commissions of about $7.3 million and offering expenses of about $0.6 million. The common equity Tier 1 capital ratio rose to 12.52% as of September 30, 2026, from 9.97% as of June 30, 2026.\n\nTotal loans held for investment grew $184.5 million, or 4%, to $4.7 billion, while non-wholesale deposits increased $75.1 million, or 2%, and wholesale deposits decreased $50.0 million, or 20%. The ratio of nonperforming loans to loans held for investment fell to 0.28% from 0.30%. The board declared a $0.25 per share cash dividend, $0.05 more than those declared in 2025.\n\n## Five Star Bancorp's Capital and Expansion Moves\n\nFive Star Bancorp's funding records show a $130.6 million post-IPO equity round in July 2026, a $70.9 million post-IPO equity round in March 2024, a $75 million post-IPO debt round in August 2022 and a $10 million round in October 2019, according to funding records. The company's total funding stands at $286.5 million.\n\n## Five Star Bancorp's California Expansion\n\nFive Star Bancorp opened its Calabasas administrative office on September 8, 2026, to expand its Southern California presence, Stock Titan reported. The company declared a $0.25 per share cash dividend on October 16, 2026, payable November 9, 2026 to shareholders of record as of November 2, 2026, GlobeNewswire reported.\n\n## Five Star Bancorp's Next Steps\n\nFive Star Bancorp expects to pay the declared $0.25 per share dividend on November 9, 2026 to shareholders of record as of November 2, 2026. Management will host a live webcast on October 27, 2026 at 1:00 p.m. ET to review the results.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}