Five Star Bancorp combines a perfect earnings beat streak, strong growth, and best-in-class margins with a stock that has already reached its price target and recent insider selling.
Thesis pillars
- Perfect Earnings Beat Streak→Stable
- Strong Growth Best In Class Margins→Stable
- Target Reached Negative Asymmetry→Stable
- +1 more pillar — see the Why tab for full reasoning
Five Star Bancorp (FSBC) Stock Analysis
Catalyst-Driven edge
Financial Services · Banks - Regional
Hold if already holding. Not a fresh buy at $47.49, but acceptable to hold if already in. Reasons: Concentration risk — Loan Portfolio: commercial real estate loans (81.1%); Concentration risk — Loan Portfolio: real estate related loans (86.1%).
Five Star Bancorp is a bank holding company for Five Star Bank, a California state-chartered bank serving small and medium-sized businesses, professionals, and individuals primarily in the Greater Sacramento Area through nine branches plus a new Walnut Creek branch opened in... Read more
Hold if already holding. Not a fresh buy at $47.49, but acceptable to hold if already in. Reasons: Concentration risk — Loan Portfolio: commercial real estate loans (81.1%); Concentration risk — Loan Portfolio: real estate related loans (86.1%). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
About Five Star Bancorp
About Five Star Bancorp
Five Star Bancorp held $4.8 billion in total assets, $4.1 billion in total loans, and $4.2 billion in total deposits as of December 31, 2025, operating nine branches concentrated in the Greater Sacramento Area of Northern California plus a new Walnut Creek location opened in September 2025 as part of its Bay Area expansion. Commercial real estate loans made up 81.08% of total loans before deferred fees, and the bank ranked sixth by deposit market share in the Sacramento-Roseville-Folsom metropolitan area as of June 30, 2025.
Five Star Bank's loan book is anchored in commercial real estate ($3.3 billion, 81.08% of total loans), complemented by smaller books of commercial and industrial loans ($292.2 million, 7.16%), consumer and other loans ($275.5 million, 6.77%, largely purchased through a non-bank lender program), farmland loans ($59.6 million), and SBA 7(a) loans ($34.3 million), where the government guarantees 75% to 90% of principal and the bank typically sells the guaranteed portion in the secondary market. Deposits fund 97.49% of total liabilities, and the bank's 53 largest deposit relationships -- each exceeding $10.0 million -- totaled $2.0 billion, or 47.82% of total deposits, including $789.6 million held by municipalities that the bank reviews monthly. The bank maintains lines of credit with correspondent banks to mitigate the risk of large withdrawals from this concentrated depositor base.
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Real estate collateral dominates Five Star's balance sheet more broadly than the CRE figure alone suggests: real estate-related loans of all types represented 86.07% of total loans before deferred fees at December 31, 2025, with 56.89% of real estate loans secured by California collateral, most of it in Northern California. The bank says this concentration carries no more than normal collectability risk today, but a downturn in the Sacramento-area economy or in California real estate values specifically -- rather than a national downturn -- is the scenario most likely to move its credit losses.
See also: Financial Services · Banks - Regional
From Five Star Bancorp's most recent 10-K filing, extracted July 6, 2026.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHloan_portfoliocommercial real estate loans81%10-K Item 1: 'As of December 31, 2025, we had $3.3 billion in total commercial real estate loans, representing 81.08% of total loans before deferred fees'
- HIGHloan_portfolioreal estate related loans86%10-K Item 1: 'we have a high concentration of real estate related loans, which represented approximately 86.07% of total loans before deferred fees at December 31, 2025'
- HIGHGeographicCalifornia57%10-K Item 1: 'approximately 56.89% of our real estate loans measured by dollar amount were secured by collateral located in California, a majority of which is in Northern California'
- MEDIUMloan_portfoliotop 53 deposit relationships48%10-K Item 1: 'our 53 largest deposit relationships, each accounting for more than $10.0 million, totaled $2.0 billion, or 47.82% of our total deposits'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 ceiling hit
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Position Sizing
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Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $47.49, but acceptable to hold if already in. Reasons: Concentration risk — Loan Portfolio: commercial real estate loans (81.1%); Concentration risk — Loan Portfolio: real estate related loans (86.1%). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $49.01 (+3.2%), stop $44.59 (−6.5%), A.R:R -1.6:1. Score 6.4/10, moderate confidence.
Take-profit target: $49.01 (+3.2% upside). Target $49.01 (+3.2%), stop $44.59 (−6.5%), A.R:R -1.6:1. Stop-loss: $44.59.
Concentration risk — Loan Portfolio: commercial real estate loans (81.1%); Concentration risk — Loan Portfolio: real estate related loans (86.1%); Analyst target reached - limited upside remaining.
Five Star Bancorp trades at a P/E of 15.5 (forward 12.4). TrendMatrix value score: 7.1/10. Verdict: Hold.
11 analysts cover FSBC with a consensus score of 3.9/5. Average price target: $46.
What does Five Star Bancorp do?Five Star Bancorp is a bank holding company for Five Star Bank, a California state-chartered bank serving small and...
Five Star Bancorp is a bank holding company for Five Star Bank, a California state-chartered bank serving small and medium-sized businesses, professionals, and individuals primarily in the Greater Sacramento Area through nine branches plus a new Walnut Creek branch opened in September 2025. The bank held $4.8 billion in total assets, $4.1 billion in total loans, and $4.2 billion in total deposits as of December 31, 2025, with commercial real estate loans comprising 81.08% of total loans before deferred fees.