FSBCFIVE STAR BANCORP
State Commercial Banks
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $961M
- Employees
- 233
- Net debt / EBITDA
- —
- AI in 10-K
- 2.6
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo118% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo24% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo98% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo2.6 per 10K words · 65th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$961M market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$5M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $42M | $45M | $48M | $46M | $62M | 35% |
| Operating cash flow | $29M | $46M | $39M | $52M | $73M | 40% |
| Capex | $717K | $481K | $653K | $628K | $1M | 91% |
| Stock-based comp | $1M | $1M | $962K | $1M | $1M | 26% |
| Dividends | $52M | $15M | $13M | $16M | $17M | 5.2% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| May 14, 2021 | Allbaugh Lawrence Eugene | SC 13D | 17.6% | Passive |
Insider trading
- Open-market buys, 12 mo
- $6M · 7
- Open-market sells, 12 mo
- $847K · 14
- Net
- $5M
Pay vs performance
No pay-versus-performance disclosure yet.