KBRA Releases Surveillance Report for Five Star Bancorp
NEW YORK–(BUSINESS WIRE)–#KBRA–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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Kevin Kent, Director
+1 301-960-7045 [email protected]
Brian Ropp, Managing Director
+1 301-969-3244 [email protected]
Joe Scott, Senior Managing Director
+1 646-731-2438 [email protected]
Business Development Contact
Justin Fuller, Senior Director
+1 312-680-4163 [email protected]
