Five Star Bancorp announced that it has launched an underwritten public offering of shares of its common stock. The company intends to use the net proceeds of this offering for general corporate purposes and to support its continued growth, including through investments in the Bank to pursue growth opportunities, and for working capital. Keefe, Bruyette & Woods, A Stifel Company is serving as the bookrunner for the offering, and Stephens Inc. and D.A. Davidson & Co. are acting as co-managers.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FSBC:
- Five Star Bancorp Expands Commercial Banking in California
- Five Star Bancorp invests in San Francisco Bay Area expansion strategy by hiring five commercial banking professionals and planning full-service office in San Francisco
- Five Star Bancorp Announces Quarterly and Annual Results
- Five Star reports Q4 EPS 63c, consensus 59c