Five Star Bancorp

Five Star Bancorp (FSBC) priced its initial public offering on May 6, 2021 at $20.00 per share, raising $105.3M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $325.3M. Stifel was lead-left underwriter, joined by D.A. Davidson. Covington & Burling and Latham & Watkins advised the underwriters.

Five Star Bancorp is a bank holding company based in the Sacramento area of California, operating through Five Star Bank. It serves small and medium-sized businesses, professionals and individuals, mainly in Northern California, through seven branches and two loan production offices, with a focus on commercial real estate lending.

Status

IPO

Ticker

FSBC

Exchange

Nasdaq Global Select

Priced

May 6, 2021

IPO price

$20.00

Raised

$105.3M

Market cap at IPO price

$325.3M

First filed

Apr 9, 2021

Underwriters

Stifel and D.A. Davidson

Underwriters' counsel

Covington & Burling and Latham & Watkins

Sector

Financials

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.