Five Star Bancorp

Five Star Bancorp director Larry Eugene Allbaugh acquired 96,591 shares of the company's common stock for approximately $4.3 million on July 22, 2026. The purchase was conducted indirectly through multiple entities, including the Larry and Laura Allbaugh Living Trust, the Oates Administrative Trust, and the Buzz Oates Group of Companies, at a price of $44.00 per share, below the market close of $48.37 that day. Following the transaction, Allbaugh's total indirect holdings stand at roughly 3.12 million shares, valued at about $151 million based on the closing price. The insider buy is seen as a bullish signal, as insider purchases typically reflect an expectation of share price appreciation, and Wall Street analysts project Five Star Bancorp's fiscal 2026 revenue and net income to rise 25% and 36% respectively over 2025.

Five Star Bancorp declared a quarterly cash dividend of $0.25 per share, in line with the previous payout. The dividend carries a forward yield of 2.05% and is payable on August 10 to shareholders of record as of August 3, with the ex-dividend date also set for August 3.

Five Star Bank has added four experienced bankers in Palo Alto as part of its San Francisco Bay Area expansion. The new hires include Derrick Yee, Andrew Liou, and Andrew Holtz as Senior Vice Presidents and Managing Directors, and Jonathan Tombo as Vice President and Senior Relationship Manager. All four previously worked at Flagstar Private Bank and First Republic Bank, bringing deep client relationships with venture capital firms and venture-backed companies. The bank aims to leverage their local market knowledge to deliver high-touch, concierge service in a region that attracted $92 billion in venture capital last year. This move follows recent expansions to Lodi, Southern California, and Walnut Creek, further solidifying Five Star Bank's footprint across California.

Five Star Bancorp is opening a new full-service branch in Lodi, California, on July 13, 2026, as part of its continued expansion across the state. The Lodi office will enhance the bank's Food, Agribusiness & Diversified Industries vertical, targeting the region's agricultural businesses and small business community. Lodi is a major producer of wine grapes, almonds, walnuts, and cherries, with approximately 100,000 acres of planted vineyards. The expansion follows recent moves into Southern California and Walnut Creek, and aligns with Lodi's economic development plans to attract investment and support job creation. President and CEO James Beckwith said Lodi was a natural next step given its strong agricultural foundation and growing business community.