Five Star Bancorp | 10-Q: FY2025 Q3 Revenue: USD 66.81 M

Revenue: As of FY2025 Q3, the actual value is USD 66.81 M.

EPS: As of FY2025 Q3, the actual value is USD 0.77, beating the estimate of USD 0.708.

EBIT: As of FY2025 Q3, the actual value is USD -17.11 M.

Segment Revenue

• Interest and Fee Income: Total interest and fee income for the nine months ended September 30, 2025, was $182.5 million, compared to $149.2 million for the same period in 2024.

Operational Metrics

• Net Income: Net income for the three months ended September 30, 2025, was $16.3 million, compared to $10.9 million for the same period in 2024. For the nine months ended September 30, 2025, net income was $44.0 million, compared to $32.4 million for the same period in 2024.
• Net Interest Income: Net interest income for the three months ended September 30, 2025, was $39.3 million, compared to $30.4 million for the same period in 2024. For the nine months ended September 30, 2025, net interest income was $109.8 million, compared to $86.2 million for the same period in 2024.
• Provision for Credit Losses: The provision for credit losses for the three months ended September 30, 2025, was $2.5 million, compared to $2.8 million for the same period in 2024. For the nine months ended September 30, 2025, the provision was $6.9 million, compared to $5.7 million for the same period in 2024.

Cash Flow

• Operating Cash Flow: Net cash provided by operating activities for the nine months ended September 30, 2025, was $52.1 million, compared to $33.8 million for the same period in 2024.
• Investing Cash Flow: Net cash used in investing activities for the nine months ended September 30, 2025, was -$356.6 million, compared to -$376.5 million for the same period in 2024.
• Financing Cash Flow: Net cash provided by financing activities for the nine months ended September 30, 2025, was $532.6 million, compared to $272.0 million for the same period in 2024.

Unique Metrics

• Loan Growth: Total loans held for investment increased by $354.6 million, or 10.04%, from December 31, 2024, to September 30, 2025.
• Deposit Growth: Total deposits increased by $545.4 million, or 15.33%, from December 31, 2024, to September 30, 2025.

Future Outlook and Strategy

• Core Business Focus: The company aims to continue its growth strategy by focusing on loan and deposit growth, maintaining strong credit quality, and improving operational efficiency. The net interest margin is expected to improve due to loan growth and better yield on loans.
• Non-Core Business: The company plans to strategically reduce originations of loans held for sale, focusing instead on strengthening its core loan portfolio.