Five Star Bancorp Declares Second Quarter Cash Dividend
22 July 2023 - 3:00AM
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 August 14, 2023, to shareholders of record
as of August 7, 2023.
About Five Star Bancorp
Five Star is a bank holding company
headquartered in Rancho Cordova, California. Five Star operates
through its wholly owned banking subsidiary, Five Star Bank. Five
Star Bank has seven branches and one loan production office in
Northern California.
Forward-Looking Statements
This 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 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 Bancorphluck@fivestarbank.com916.626.5008
Shelley R. Wetton, Chief Marketing OfficerFive
Star Bancorpswetton@fivestarbank.com916.284.7827
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