Financial Services • NASDAQ
According to Zyberno, FIVE STAR BANCORP (FSBC) shows a Value Trap signal — GOOD BUSINESS (66/100) with an apparent Margin of Safety of +58.3%, but a Brina Gap of -1.8% reveals the current price still assumes faster growth than the business can deliver.
According to Zyberno's DCF model, FIVE STAR BANCORP (FSBC) trades at $45.62 against an estimated intrinsic value per share of $109.42 — a +58.3% Margin of Safety based on Owner Earnings of $74.80M TTM, projected at 37.0% growth for 10 years with a 2.5% terminal growth rate. The Brina Gap of -1.8% weakens the case: based on the company's ROIC (16.3%) and reinvestment rate (-1.5%), the business can fundamentally grow at -0.2% — but the current enterprise value implies the market expects 1.6%. This places FSBC in the Value Trap quadrant of the Brina Matrix — a value-trap signal where the apparent discount is undermined by overpriced growth expectations. Zyberno's model translates this into a 5-year expected return of 42.9% annually.
Over the trailing twelve months, FSBC generated $74.80M in Owner Earnings. Capital was deployed as follows: $18.16M paid as dividends, $1.27M invested in capital expenditures. Reinvestment rate: -1.5%. Owner Earnings have grown at 37.0% annually over the trailing five years using log-linear regression.