Five Star Bancorp Declares Fourth Quarter 2023 Cash Dividend
January 19 2024 - 12:45PM
Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”)
announced today the declaration of a cash dividend of $0.20 per
share on the Company’s voting common stock. The dividend is
expected to be paid on February 12, 2024, to shareholders of record
as of February 5, 2024.
About Five Star BancorpFive Star is a bank
holding company headquartered in Rancho Cordova, California. Five
Star operates through its wholly owned banking subsidiary, Five
Star Bank. The Bank has seven branches in Northern California.
Forward-Looking StatementsThis press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements represent plans, estimates, objectives,
goals, guidelines, expectations, intentions, projections and
statements of the Company’s beliefs concerning future events,
business plans, objectives, expected operating results and the
assumptions upon which those statements are based. Forward-looking
statements include without limitation, any statement that may
predict, forecast, indicate or imply future results, performance or
achievements, and are typically identified with words such as
“may,” “could,” “should,” “will,” “would,” “believe,” “anticipate,”
“estimate,” “expect,” “aim,” “intend,” “plan” or words or phases of
similar meaning. The Company cautions that the forward-looking
statements are based largely on the Company’s expectations and are
subject to a number of known and unknown risks and uncertainties
that are subject to change based on factors which are, in many
instances, beyond the Company’s control. Such forward-looking
statements are based on various assumptions (some of which may be
beyond the Company’s control) and are subject to risks and
uncertainties, which change over time, and other factors which
could cause actual results to differ materially from those
currently anticipated. New risks and uncertainties may emerge from
time to time, and it is not possible for the Company to predict
their occurrence or how they will affect the Company. If one or
more of the factors affecting the Company’s forward-looking
information and statements proves incorrect, then the Company’s
actual results, performance or achievements could differ materially
from those expressed in, or implied by, forward-looking information
and statements contained in this press release. Therefore, the
Company cautions you not to place undue reliance on the Company’s
forward-looking information and statements. Important factors that
could cause actual results to differ materially from those in the
forward-looking statements are set forth in the Company’s Annual
Report on Form 10-K for the year ended December 31, 2022 and
Quarterly Report on Form 10-Q for the quarter ended September 30,
2023, in each case under the section entitled “Risk Factors,” and
other documents filed by the Company with the Securities and
Exchange Commission from time to time.
The Company disclaims any duty to revise or update the
forward-looking statements, whether written or oral, to reflect
actual results or changes in the factors affecting the
forward-looking statements, except as specifically required by
law.
Media Contact:
Heather C. Luck, Chief Financial OfficerFive
Star Bancorp(916) 626-5008hluck@fivestarbank.com
Shelley R. Wetton, Chief Marketing OfficerFive
Star Bancorpswetton@fivestarbank.com(916)
284-7827swetton@fivestarbank.com
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