CenterState Banks Company Profile (NASDAQ:CSFL)

About CenterState Banks (NASDAQ:CSFL)

CenterState Banks logoCenterState Banks, Inc. is a financial holding company, which owns CenterState Bank of Florida, N.A. (CenterState Bank or the Bank). The Company provides a range of consumer and commercial banking services to individuals, businesses and industries. The Company's segments include commercial and retail banking, correspondent banking and capital markets division, and corporate overhead and administration. Its commercial and retail banking segment provides traditional deposit and lending products and services to its commercial and retail customers. Its correspondent banking and capital markets segment operates as a division within its subsidiary bank, which provides hedging services, loan brokerage and consulting services. The Bank offers a range of lending services, including real estate, consumer and commercial loans, to individuals and small businesses and other organizations that are located in or conduct a substantial portion of their business in its market area.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Southeast Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:CSFL
  • CUSIP: 15201P10
  • Web: www.centerstatebank.com
Capitalization:
  • Market Cap: $1.36 billion
  • Outstanding Shares: 55,413,000
Average Prices:
  • 50 Day Moving Avg: $25.00
  • 200 Day Moving Avg: $24.56
  • 52 Week Range: $14.66 - $26.94
P/E:
  • Trailing P/E Ratio: 19.05
  • Foreward P/E Ratio: 14.91
  • P/E Growth: 2.22
Sales & Book Value:
  • Annual Revenue: $244.72 million
  • Price / Sales: 5.54
  • Book Value: $12.41 per share
  • Price / Book: 1.97
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 1.0%
Profitability:
  • Net Margins: 16.71%
  • Return on Equity: 9.28%
  • Return on Assets: 1.00%
Debt:
  • Debt-to-Equity Ratio: 0.05%
  • Current Ratio: 0.80%
  • Quick Ratio: 0.80%
Misc:
  • Average Volume: 320,498 shs.
  • Beta: 0.75
  • Short Ratio: 2.75
 

Frequently Asked Questions for CenterState Banks (NASDAQ:CSFL)

What is CenterState Banks' stock symbol?

CenterState Banks trades on the NASDAQ under the ticker symbol "CSFL."

How often does CenterState Banks pay dividends? What is the dividend yield for CenterState Banks?

CenterState Banks announced a quarterly dividend on Thursday, February 23rd. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.06 per share on Friday, March 31st. This represents a $0.24 annualized dividend and a yield of 0.98%. The ex-dividend date is Monday, March 13th. This is a boost from CenterState Banks's previous quarterly dividend of $0.04. View CenterState Banks' Dividend History.

How were CenterState Banks' earnings last quarter?

CenterState Banks Inc (NASDAQ:CSFL) announced its earnings results on Tuesday, October, 18th. The company reported $0.32 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.01. The firm earned $60.93 million during the quarter, compared to analyst estimates of $60.90 million. CenterState Banks had a return on equity of 9.28% and a net margin of 16.71%. View CenterState Banks' Earnings History.

When will CenterState Banks make its next earnings announcement?

CenterState Banks is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for CenterState Banks.

Where is CenterState Banks' stock going? Where will CenterState Banks' stock price be in 2017?

2 analysts have issued 12-month price targets for CenterState Banks' stock. Their predictions range from $18.00 to $20.00. On average, they anticipate CenterState Banks' share price to reach $19.00 in the next twelve months. View Analyst Ratings for CenterState Banks.

Who are some of CenterState Banks' key competitors?

Who owns CenterState Banks stock?

CenterState Banks' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.85%), Vanguard Group Inc. (4.06%), Dimensional Fund Advisors LP (3.91%), State Street Corp (2.55%), Goldman Sachs Group Inc. (2.55%) and Channing Capital Management LLC (2.37%). Company insiders that own CenterState Banks stock include Charles W Mcpherson, James H Bingham, John C Corbett and John E Tranter. View Institutional Ownership Trends for CenterState Banks.

Who sold CenterState Banks stock? Who is selling CenterState Banks stock?

CenterState Banks' stock was sold by a variety of institutional investors in the last quarter, including Heartland Advisors Inc., Northpointe Capital LLC, ClariVest Asset Management LLC, Nordea Investment Management AB, Ameriprise Financial Inc., JPMorgan Chase & Co., Salem Investment Counselors Inc. and Ranger Investment Management L.P.. Company insiders that have sold CenterState Banks stock in the last year include James H Bingham, John C Corbett and John E Tranter. View Insider Buying and Selling for CenterState Banks.

Who bought CenterState Banks stock? Who is buying CenterState Banks stock?

CenterState Banks' stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Channing Capital Management LLC, Goldman Sachs Group Inc., Loomis Sayles & Co. L P, Peregrine Capital Management LLC, Monarch Partners Asset Management LLC, State Street Corp and Mendon Capital Advisors Corp. View Insider Buying and Selling for CenterState Banks.

How do I buy CenterState Banks stock?

Shares of CenterState Banks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of CenterState Banks stock cost?

One share of CenterState Banks stock can currently be purchased for approximately $24.46.

Analyst Ratings

Consensus Ratings for CenterState Banks (NASDAQ:CSFL) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $19.00 (22.32% downside)

Analysts' Ratings History for CenterState Banks (NASDAQ:CSFL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/28/2016StephensUpgradeEqual Weight -> Overweight$20.00N/AView Rating Details
7/27/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$17.00 -> $18.00N/AView Rating Details
4/27/2016FIG PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
10/7/2015Raymond James Financial, Inc.Boost Price TargetOutperform$16.00 -> $17.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for CenterState Banks (NASDAQ:CSFL)
Earnings by Quarter for CenterState Banks (NASDAQ:CSFL)
Earnings History by Quarter for CenterState Banks (NASDAQ:CSFL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2017        
10/18/2016Q3$0.31$0.32$60.90 million$60.93 millionViewListenView Earnings Details
7/25/2016Q2$0.27$0.32$59.40 million$61.97 millionViewListenView Earnings Details
1/26/2016Q4$0.22$0.23$48.85 million$48.95 millionViewListenView Earnings Details
8/4/2015Q2 2015$0.20$0.21$48.95 million$50.38 millionViewN/AView Earnings Details
2/9/2015$0.14$0.17ViewN/AView Earnings Details
7/24/2014Q2 2014$0.14$0.11$38.08 million$37.63 millionViewN/AView Earnings Details
1/21/2014Q4$0.10$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CenterState Banks (NASDAQ:CSFL)
2017 EPS Consensus Estimate: $1.31
2018 EPS Consensus Estimate: $1.57
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.28$0.28$0.28
Q2 20171$0.31$0.31$0.31
Q3 20171$0.35$0.35$0.35
Q4 20171$0.37$0.37$0.37
Q1 20181$0.38$0.38$0.38
Q2 20181$0.39$0.39$0.39
Q3 20181$0.40$0.40$0.40
Q4 20181$0.40$0.40$0.40
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CenterState Banks (NASDAQ:CSFL)
Most Recent Dividend:3/31/2017
Annual Dividend:$0.16
Dividend Yield:0.65%
Payout Ratio:18.39% (Trailing 12 Months of Earnings)
11.51% (Based on This Year's Estimates)
9.76% (Based on Next Year's Estimates)
Dividend Payments by Quarter for CenterState Banks (NASDAQ:CSFL)

Dividend History by Quarter for CenterState Banks (NASDAQ:CSFL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/23/2017quarterly$0.060.95%3/13/20173/15/20173/31/2017
11/29/2016Quarterly$0.040.71%12/13/201612/15/201612/30/2016
8/24/2016quarterly$0.040.91%9/13/20169/15/20169/30/2016
5/9/2016quarterly$0.041.02%6/13/20166/15/20166/30/2016
2/24/2016quarterly$0.041.15%3/11/20163/15/20163/31/2016
12/2/2015quarterly$0.020.5%12/11/201512/15/201512/31/2015
8/26/2015quarterly$0.020.58%9/11/20159/15/20159/30/2015
2/26/2015quarterly$0.010.34%3/11/20153/13/20153/31/2015
11/26/2014quarterly$0.010.35%12/11/201412/15/201412/31/2014
8/28/2014quarterly$0.010.39%9/11/20149/15/20149/30/2014
5/2/2014quarterly$0.010.37%6/11/20146/13/20146/30/2014
3/5/2014quarterly$0.010.37%3/12/20143/14/20143/31/2014
12/4/2013quarterly$0.010.39%12/11/201312/13/201312/31/2013
8/28/2013quarterly$0.010.43%9/11/20139/13/20139/30/2013
5/2/2013quarterly$0.010.5%6/12/20136/14/20136/28/2013
2/27/2013quarterly$0.010.46%3/13/20133/15/20133/29/2013
12/12/2012quarterly$0.010.5%12/12/201212/14/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CenterState Banks (NASDAQ:CSFL)
Insider Ownership Percentage: 4.42%
Institutional Ownership Percentage: 65.82%
Insider Trades by Quarter for CenterState Banks (NASDAQ:CSFL)
Institutional Ownership by Quarter for CenterState Banks (NASDAQ:CSFL)
Insider Trades by Quarter for CenterState Banks (NASDAQ:CSFL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/1/2017Charles W McphersonDirectorBuy4,000$25.41$101,640.00View SEC Filing  
3/20/2017John E TranterInsiderSell10,000$26.39$263,900.00View SEC Filing  
3/17/2017John E TranterInsiderSell26,877$26.04$699,877.08View SEC Filing  
3/13/2017John C CorbettInsiderSell40,000$25.56$1,022,400.00View SEC Filing  
12/9/2016John E TranterInsiderSell20,000$25.26$505,200.00View SEC Filing  
12/8/2016James H BinghamDirectorSell6,876$25.33$174,169.08View SEC Filing  
12/5/2016John C CorbettInsiderSell10,020$24.16$242,083.20View SEC Filing  
12/2/2016John E TranterInsiderSell12,500$23.69$296,125.00View SEC Filing  
8/27/2014Daniel E BockhorstInsiderBuy1,800$10.35$18,630.00View SEC Filing  
8/5/2014Ernest S PinnerCEOBuy1,000$10.11$10,110.00View SEC Filing  
8/4/2014John C CorbettInsiderBuy1,000$10.27$10,270.00View SEC Filing  
3/5/2014William Pou, Jr.DirectorBuy2,200$10.91$24,002.00View SEC Filing  
2/26/2014Charles McphersonDirectorBuy3,300$10.98$36,234.00View SEC Filing  
2/5/2013Joshua A SnivelyDirectorBuy8,500$8.77$74,545.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for CenterState Banks (NASDAQ:CSFL)
Latest Headlines for CenterState Banks (NASDAQ:CSFL)
Source:
DateHeadline
bizjournals.com logoCorporate insiders have sold $4B in stock in 30 days and here's who's selling in Tampa Bay
www.bizjournals.com - May 24 at 4:23 PM
finance.yahoo.com logoETFs with exposure to CenterState Banks, Inc. : May 18, 2017
finance.yahoo.com - May 18 at 4:27 PM
finance.yahoo.com logoCenterState Banks, Inc. :CSFL-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017
finance.yahoo.com - May 17 at 11:26 AM
americanbankingnews.com logoZacks: Brokerages Anticipate CenterState Banks Inc (CSFL) Will Post Quarterly Sales of $76.15 Million
www.americanbankingnews.com - May 12 at 3:24 PM
finance.yahoo.com logoCenterState Banks, Inc. breached its 50 day moving average in a Bearish Manner : CSFL-US : May 11, 2017
finance.yahoo.com - May 11 at 5:08 PM
americanbankingnews.com logo Brokerages Expect CenterState Banks Inc (CSFL) to Announce $0.31 Earnings Per Share
www.americanbankingnews.com - May 10 at 8:38 AM
americanbankingnews.com logoPositive News Coverage Somewhat Likely to Impact CenterState Banks (CSFL) Stock Price
www.americanbankingnews.com - May 5 at 10:14 PM
americanbankingnews.com logoCenterState Banks Inc (CSFL) Director Purchases $101,640.00 in Stock
www.americanbankingnews.com - May 1 at 10:18 PM
finance.yahoo.com logoCenterState Banks, Inc. breached its 50 day moving average in a Bearish Manner : CSFL-US : May 1, 2017
finance.yahoo.com - May 1 at 4:28 PM
finance.yahoo.com logoWhat’s next for CenterState Banks now that it’s closed its latest deal
finance.yahoo.com - May 1 at 4:28 PM
americanbankingnews.com logoCenterState Banks (CSFL) Given Daily News Impact Score of 0.44
www.americanbankingnews.com - April 29 at 6:33 PM
americanbankingnews.com logoFY2017 EPS Estimates for CenterState Banks Inc (CSFL) Boosted by FIG Partners
www.americanbankingnews.com - April 28 at 4:54 PM
finance.yahoo.com logoEdited Transcript of CSFL earnings conference call or presentation 26-Apr-17 6:00pm GMT
finance.yahoo.com - April 27 at 5:05 PM
finance.yahoo.com logoCenterState posts 1Q profit
finance.yahoo.com - April 27 at 2:09 AM
americanbankingnews.com logoCenterState Banks (CSFL) Receives News Impact Rating of 0.16
www.americanbankingnews.com - April 27 at 12:48 AM
americanbankingnews.com logoCenterState Banks (CSFL) Receiving Somewhat Negative Media Coverage, Analysis Shows
www.americanbankingnews.com - April 23 at 4:00 PM
americanbankingnews.com logoCenterState Banks Inc (CSFL) Expected to Post Quarterly Sales of $62.9 Million
www.americanbankingnews.com - April 21 at 2:42 PM
finance.yahoo.com logoCenterState Banks, Inc. breached its 50 day moving average in a Bullish Manner : CSFL-US : April 21, 2017
finance.yahoo.com - April 21 at 11:51 AM
americanbankingnews.com logoZacks: Brokerages Set $24.33 Price Target for CenterState Banks Inc (CSFL)
www.americanbankingnews.com - April 20 at 3:19 PM
americanbankingnews.com logo$0.28 Earnings Per Share Expected for CenterState Banks Inc (CSFL) This Quarter
www.americanbankingnews.com - April 19 at 2:29 PM
americanbankingnews.com logoSomewhat Positive News Coverage Likely to Impact CenterState Banks (CSFL) Share Price
www.americanbankingnews.com - April 15 at 4:03 PM
americanbankingnews.com logoCenterState Banks Inc (CSFL) Sees Large Increase in Short Interest
www.americanbankingnews.com - April 15 at 7:10 AM
zacks.com logoHow CenterState Banks (CSFL) Stock Stands Out in a Strong Industry
www.zacks.com - April 7 at 9:14 AM
finance.yahoo.com logoCenterState Banks, Inc. breached its 50 day moving average in a Bearish Manner : CSFL-US : April 6, 2017
finance.yahoo.com - April 7 at 9:14 AM
finance.yahoo.com logoCenterState Banks, Inc. : CSFL-US: Dividend Analysis : March 15th, 2017 (record date) : By the numbers : April 6, 2017
finance.yahoo.com - April 7 at 9:14 AM
biz.yahoo.com logoCENTERSTATE BANKS, INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Regulation FD Disclos
biz.yahoo.com - April 3 at 4:58 PM
americanbankingnews.com logo CenterState Banks Inc (CSFL) Given $24.33 Average Target Price by Analysts
www.americanbankingnews.com - April 3 at 1:14 PM
americanbankingnews.com logoCenterState Banks Inc (CSFL) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - March 31 at 5:40 PM
bizjournals.com logoAppetite for M&A at Tampa Bay's No. 2 bank is unabated, even as two deals are set to close
www.bizjournals.com - March 30 at 4:57 PM
americanbankingnews.com logoInsider Selling: CenterState Banks Inc (CSFL) Insider Sells 10,000 Shares of Stock
www.americanbankingnews.com - March 21 at 7:37 PM
finance.yahoo.com logoCENTERSTATE BANKS, INC. Financials
finance.yahoo.com - March 8 at 5:17 PM
bizjournals.com logoWhy a top Tampa Bay bank picked a theme park for its shareholders meeting
www.bizjournals.com - March 6 at 10:22 AM
biz.yahoo.com logoCENTERSTATE BANKS, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 2 at 9:45 AM
biz.yahoo.com logoCENTERSTATE BANKS, INC. Files SEC form 8-K, Regulation FD Disclosure
us.rd.yahoo.com - February 22 at 9:36 AM
biz.yahoo.com logoCENTERSTATE BANKS, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - February 9 at 4:57 PM
bizjournals.com logoWhere women lead in Tampa Bay boardrooms — and where they don’t
www.bizjournals.com - January 30 at 5:25 PM
finance.yahoo.com logoEdited Transcript of CSFL earnings conference call or presentation 26-Jan-17 7:00pm GMT
finance.yahoo.com - January 27 at 3:47 AM
biz.yahoo.com logoQ4 2016 CenterState Banks Inc Earnings Release - After Market Close
biz.yahoo.com - January 25 at 5:40 PM
biz.yahoo.com logoCENTERSTATE BANKS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E
biz.yahoo.com - January 25 at 5:40 PM
bizjournals.com logoCenterState Banks plans big stock sale
us.rd.yahoo.com - January 10 at 5:25 PM
us.rd.yahoo.com logoCenterState Banks, Inc. Announces Pricing Of Its Common Stock Offering
us.rd.yahoo.com - January 10 at 5:25 PM
biz.yahoo.com logoCENTERSTATE BANKS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
us.rd.yahoo.com - January 9 at 8:20 PM
us.rd.yahoo.com logoCenterState Banks, Inc. Announces Commencement Of Common Stock Offering
us.rd.yahoo.com - January 9 at 8:20 PM
us.rd.yahoo.com logo6:03 pm Centerstate Banks of Florida to sell 2,450,000 shares of its common stock in a registered underwritten public offering pursuant to an effective shelf registration statement
us.rd.yahoo.com - January 9 at 8:20 PM
bizjournals.com logoAcquisitions, innovation bump up CenterState Banks stock
www.bizjournals.com - December 27 at 12:06 PM
bizjournals.com logoHere’s who’s making money on the CenterState-Platinum deal
www.bizjournals.com - December 12 at 12:16 PM
reuters.com logoBRIEF-CenterState Banks enters into agreement and plan of merger with Gateway Financial Holdings of Florida
www.reuters.com - November 30 at 9:38 PM
finance.yahoo.com logo4:29 pm Centerstate Banks of Florida to acquire Gateway Financial Holdings of Florida for $132 mln
finance.yahoo.com - November 30 at 9:38 PM
bizjournals.com logoCenterState’s latest acquisition takes it to a new metro in the Tampa Bay market
www.bizjournals.com - November 30 at 9:38 PM
finance.yahoo.com logoCenterState Banks (CSFL): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - November 10 at 12:51 PM

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Chart

CenterState Banks (CSFL) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff