What does payments for transferable tax credits mean?

Reflects cash outflows associated with the purchase of transferable tax credits from third parties to reduce the bank's income tax liability. This activity is a strategic tax management tool used to optimize the effective tax rate. It indicates the bank's active management of its tax position through market-based credit acquisitions.

Five Star Bancorp FSBC Payments For Transferable Tax Credits

Payments For Transferable Tax Credits at other companies

Merchants BancorpMBIN

$18.17M-49.1%

Primoris ServicesPRIM

$10.48M+13.6%

Primoris ServicesPRIM

$11.25M+12.5%

Federal Agricultural MortgageAGM

$40.74M—

Independent Bank CorporationIBCP

$22.9M—

ServisFirst BancsharesSFBS

$5.89M+590%

Other financials

Income statement

See full

Revenue$45.1M+27.6%

Net income$18.6M+42.0%

EPS (diluted)$0.87+40.3%

Balance sheet

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Cash & equivalents$644.4M+42.4%

Total debt$11.5M+75.2%

Total equity$458.5M+12.8%

Total assets$5.0B+18.5%

Cash flow

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Operating cash flow$18.9M+22.3%

CapEx$168.0K+68.0%

Free cash flow$18.8M+22.0%

Valuation

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Market cap$1.01B+78.6%

Enterprise value$377.42M+215%

P/E15.1×+3.3×

P/S6×+1.8×

Profitability

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Net margin39.9%+3.7pp

FCF margin44.5%-5.5pp

Returns & leverage

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Return on equity15.5%+1.7pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Five Star Bancorp in its filing.

Tagged under the XBRL concept fsbc:PaymentsForTransferableTaxCredits.

The official record: Five Star Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Five Star Bancorp's payments for transferable tax credits?: Five Star Bancorp (FSBC) reported payments for transferable tax credits of $2.53M in Q1 2026.
What does payments for transferable tax credits mean?: Reflects cash outflows associated with the purchase of transferable tax credits from third parties to reduce the bank's income tax liability. This activity is a strategic tax management tool used to optimize the effective tax rate. It indicates the bank's active management of its tax position through market-based credit acquisitions.