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Financial statements

FIVE STAR BANCORP financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data FIVE STAR BANCORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2021FY2021FY2022FY2023FY2024FY2025
Interest expense9.183.9714.863.5
Pre-tax income37.347.162.966.664.783.7
Income tax1.334.7118.118.919.122.1
Net income35.942.444.847.745.761.6
EPS, basic3.572.832.612.782.262.90
EPS, diluted3.572.832.612.782.262.90
Shares, basic (weighted)10.11517.117.220.221.2
Shares, diluted (weighted)10.11517.217.220.221.3
Dividend per share2.634.551.050.750.800.80

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents290425260322352507
Property, plant and equipment1.661.771.611.621.582.11
Lease right-of-use assets03.985.286.2510.8
Total assets1,9542,5573,2273,5934,0534,755
Total liabilities1,8202,3222,9743,3073,6574,309
Retained earnings22.317.246.777106151
Other comprehensive income1.35-0.57-13.5-11.8-12.4-9.14
Shareholders' equity134235253286397446
Total equity134235253286397446
Total liabilities and equity1,9542,5573,2273,5934,0534,755
Shares outstanding1117.217.217.321.321.4

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025
Net income35.942.444.847.745.761.6
Depreciation and amortization0.460.611.641.611.882.25
Stock-based compensation0.321.441.10.961.161.46
Deferred income tax-4-1.94-0.9-0.24-0.58
Cash from operations51.528.74638.951.872.6
Capital expenditures-0.83-0.72-0.48-0.65-0.63-1.2
Purchases of investments-99.7-2.64-1.150-1.03
Sales and maturities of investments16.118.715.510.18.459.32
Cash from investing-373-455-837-279-447-544
Debt issued07500
Stock issued13.41110080.90
Dividends paid-51.9-15.3-12.9-16.2-17.1
Cash from financing434561626302426626
Net change in cash113135-16561.630.8155
Free cash flow50.627.945.538.351.271.4
Interest paid9.714.511.3561.987.197.6
Income taxes paid1.6610.55.22016.925

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $43.83 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Effective tax rate25.3%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)15.2%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)1.3%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y34.9%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y11.2%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y11.4%Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y28.3%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y3.6%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y-4.1%Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y40.2%Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y16.5%Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y7.1%Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y39.6%Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y16.2%Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y7.1%Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y0.0%Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y-8.7%Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y-21.2%Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y12.4%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y20.8%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y27.2%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y17.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y13.8%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y19.5%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y5.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y7.4%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y16.2%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets91.2%Total liabilities / total assets.
Tangible book value$473.8MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
FCF conversion111.8%Free cash flow / net income, when net income is positive.
Capex / operating cash flow1.8%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$3.37Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share$3.77Free cash flow / diluted weighted shares.
Operating cash flow per share$3.84Cash from operations / diluted weighted shares.
Book value per share$22.14Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$22.14Tangible book value / shares outstanding.
Cash per share$32.01(Cash + short-term investments) / shares outstanding.
Payout ratio26.7%Dividends paid / net income, when net income is positive.
Dividends / FCF23.9%Dividends paid / free cash flow, when free cash flow is positive.

Valuation

MetricValueHow it is calculated
Market cap$1.08BShare price x shares outstanding.
Enterprise value$390.4MMarket cap + total debt - cash - short-term investments.
P/E14.9xMarket cap / net income. Only when net income is positive.
P/B2.27xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book2.27xMarket cap / tangible book value, when positive.
P/FCF13.4xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF13.1xMarket cap / cash from operations, when positive.
EV/FCF4.85xEnterprise value / free cash flow, when both are positive.
FCF yield7.5%Free cash flow / market cap.
Earnings yield6.7%Net income / market cap (the inverse of P/E).
Dividend yield1.8%Dividends paid over the period / market cap.
Shareholder yield1.8%(Dividends paid + share buybacks) / market cap.
PEG4.18xP/E / EPS growth per year over 3 years (in percent). Only when both are positive.
Was FIVE STAR BANCORP profitable in fiscal 2025?

Yes. Net income was $61.6M, a net margin of -.

How much free cash flow did FIVE STAR BANCORP generate in fiscal 2025?

Cash from operations of $72.6M minus capital expenditures of $1.2M left free cash flow of $71.4M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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