Five Star Bancorp prices 2.7M-share follow-on at $44.00, raising $112.9M net proceeds

Filed July 23, 2026 · ~2 min read

Key Changes

• high

  Five Star Bancorp is offering 2,725,000 primary shares at $44.00 per share, raising $112.9M in net proceeds (after underwriting fees and expenses). All shares are sold by the company; no selling stockholders.

  The Offering verify on EDGAR →
• high

  The $44.00 offer price represents a 10.8% discount to the July 21, 2026 closing price of $49.33. The offering dilutes existing shareholders by approximately 12.7% (2.7M new shares / 24.1M post-offering total).

  The Offering verify on EDGAR →
• medium

  Net proceeds will be used for general corporate purposes, growth investments in the Bank, and working capital. Management has broad discretion over deployment; no specific allocations are designated.

  Use of Proceeds verify on EDGAR →