KBRA Releases Surveillance Report for Five Star Bancorp
NEW YORK, August 25, 2023--(BUSINESS WIRE)--On July 26, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Rancho Cordova, CA-based Five Star Bancorp (NASDAQ: FSBC) ("the company"). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for Five Star Bank, the main subsidiary. The Outlook for all long-term ratings is Stable.
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About KBRA
KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.
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Contacts
Kevin Kent, Director
+1 301-960-7045 kevin.kent@kbra.com
Brian Ropp, Managing Director
+1 301-969-3244 brian.ropp@kbra.com
Joe Scott, Senior Managing Director
+1 646-731-2438 joe.scott@kbra.com
Business Development Contact
Justin Fuller, Senior Director
+1 312-680-4163 justin.fuller@kbra.com
