Business Context and Reporting Period
This Form 8-K is a current report filed by Five Star Bancorp on July 19, 2024. The filing serves as a Regulation FD disclosure regarding a corporate action announced by the Board of Directors on the same date.
Key Financial Metrics
The filing does not contain comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The sole financial metric disclosed is the declaration of a quarterly cash dividend.
- Dividend Declared: $0.20 per share of common stock.
- Record Date: August 5, 2024.
- Payment Date: Expected August 12, 2024.
Material Changes
The filing does not report material changes to financial performance, operations, or debt levels compared to prior periods. The only material event reported is the new dividend declaration.
Guidance, Outlook, and Risks
The document includes a standard "Special Note Concerning Forward-Looking Statements." It cautions that any forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from expectations. Specific risk factors are referenced in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and the Quarterly Report on Form 10-Q for the three months ended March 31, 2024. No specific new guidance or unusual items are detailed in this report.
Investor Verification Checklist
- Verify the dividend payment date of August 12, 2024, and the record date of August 5, 2024.
- Confirm shareholder eligibility based on the record date.
- Review the referenced Form 10-K (2023) and Form 10-Q (Q1 2024) for detailed risk factors and financial performance context.