NASDAQ:CSFL - Centerstate Bank Stock Price, News, & Analysis

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$25.02 -0.49 (-1.92 %)
(As of 10/19/2018 04:00 PM ET)
Previous Close$25.51
Today's Range$24.99 - $25.71
52-Week Range$24.96 - $32.27
Volume369,800 shs
Average Volume675,026 shs
Market Capitalization$2.20 billion
P/E Ratio18.79
Dividend Yield1.53%
Beta0.38
CenterState Bank Corporation operates as the holding company for CenterState Bank, N.A. that provides various consumer and commercial banking services to individuals, businesses, and industries in Florida. The company's deposit products include savings, demand, negotiable order of withdrawal, and money market deposit accounts, as well as certificates of deposit and time deposits. It also offers real estate loans to individuals and businesses for the purchase, improvement of, or investment in real estate; construction of single-family residential and commercial units; and development of single-family residential building lots. In addition, the company provides commercial loans to individuals and small-to-medium sized businesses for working capital, equipment purchases, and various other business purposes; and consumer loans comprising loans to individuals for various consumer purposes, as well as business purpose loans. Further, it offers mutual funds, annuities, and other investment products. Additionally, the company sells fixed income securities; and provides hedging, loan brokerage, correspondent bank deposits, safe-keeping, bond accounting, asset/liability consulting, international wires, clearing and corporate checking account, and other correspondent banking related services. As of December 31, 2017, it operated 78 bank office network located in 28 counties of Florida; and 1 loan production office in Florida, and 1 loan production office in Macon, Georgia. The company was formerly known as CenterState Banks, Inc. and changed its name to CenterState Bank Corporation in September 2017. CenterState Bank Corporation was founded in 1989 and is headquartered in Winter Haven, Florida.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:CSFL
CUSIP15201P10
Phone863-293-4710

Debt

Debt-to-Equity Ratio0.24
Current Ratio0.87
Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio18.79
Forward P/E Ratio12.26
P/E GrowthN/A

Sales & Book Value

Annual Sales$316.50 million
Price / Sales6.65
Cash Flow$0.6222 per share
Price / Cash40.21
Book Value$15.04 per share
Price / Book1.66

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$55.79 million
Net Margins21.38%
Return on Equity8.96%
Return on Assets1.25%

Miscellaneous

Employees1,200
Outstanding Shares84,140,000
Market Cap$2.20 billion

Centerstate Bank (NASDAQ:CSFL) Frequently Asked Questions

What is Centerstate Bank's stock symbol?

Centerstate Bank trades on the NASDAQ under the ticker symbol "CSFL."

How often does Centerstate Bank pay dividends? What is the dividend yield for Centerstate Bank?

Centerstate Bank declared a quarterly dividend on Monday, July 30th. Shareholders of record on Friday, September 14th will be given a dividend of $0.10 per share on Friday, September 28th. This represents a $0.40 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend is Thursday, September 13th. View Centerstate Bank's Dividend History.

How will Centerstate Bank's stock buyback program work?

Centerstate Bank declared that its Board of Directors has authorized a share repurchase program on Friday, September 8th 2017, which allows the company to repurchase 3,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Centerstate Bank's earnings last quarter?

Centerstate Bank Corp (NASDAQ:CSFL) issued its quarterly earnings results on Tuesday, July, 24th. The financial services provider reported $0.50 EPS for the quarter, topping the Zacks' consensus estimate of $0.47 by $0.03. The financial services provider earned $123.12 million during the quarter, compared to analysts' expectations of $118.87 million. Centerstate Bank had a net margin of 21.38% and a return on equity of 8.96%. View Centerstate Bank's Earnings History.

When is Centerstate Bank's next earnings date?

Centerstate Bank is scheduled to release their next quarterly earnings announcement on Tuesday, October 23rd 2018. View Earnings Estimates for Centerstate Bank.

What price target have analysts set for CSFL?

6 brokers have issued 1-year price objectives for Centerstate Bank's shares. Their forecasts range from $28.00 to $33.00. On average, they expect Centerstate Bank's stock price to reach $31.1667 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View Analyst Price Targets for Centerstate Bank.

What is the consensus analysts' recommendation for Centerstate Bank?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centerstate Bank in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Centerstate Bank.

Are investors shorting Centerstate Bank?

Centerstate Bank saw a increase in short interest during the month of September. As of September 28th, there was short interest totalling 2,506,992 shares, an increase of 72.3% from the September 14th total of 1,455,098 shares. Based on an average trading volume of 1,118,196 shares, the short-interest ratio is presently 2.2 days. Currently, 2.7% of the company's stock are sold short. View Centerstate Bank's Current Options Chain.

Who are some of Centerstate Bank's key competitors?

Who are Centerstate Bank's key executives?

Centerstate Bank's management team includes the folowing people:
  • Mr. Ernest S. Pinner, Exec. Chairman (Age 71)
  • Mr. John C. Corbett, Pres, CEO & Director (Age 49)
  • Ms. Jennifer L. Idell, Exec. VP & CFO (Age 43)
  • Mr. Stephen Dean Young, Exec. VP & COO (Age 41)
  • Mr. Daniel E. Bockhorst, Exec. VP & Chief Credit Officer (Age 54)

Who are Centerstate Bank's major shareholders?

Centerstate Bank's stock is owned by a number of of retail and institutional investors. Top institutional investors include Deprince Race & Zollo Inc. (0.11%), Tributary Capital Management LLC (0.02%) and First Hawaiian Bank (0.01%). Company insiders that own Centerstate Bank stock include Charles W Mcpherson, David G Salyers, Ernest S Pinner, James H Bingham, Jennifer Idell, Jody Jean Dreyer, John C Corbett, John E Tranter, Michael F Ciferri and Thomas E Oakley. View Institutional Ownership Trends for Centerstate Bank.

Which major investors are buying Centerstate Bank stock?

CSFL stock was purchased by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Tributary Capital Management LLC and First Hawaiian Bank. Company insiders that have bought Centerstate Bank stock in the last two years include Charles W Mcpherson, David G Salyers, Jody Jean Dreyer and Michael F Ciferri. View Insider Buying and Selling for Centerstate Bank.

How do I buy shares of Centerstate Bank?

Shares of CSFL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Centerstate Bank's stock price today?

One share of CSFL stock can currently be purchased for approximately $25.02.

How big of a company is Centerstate Bank?

Centerstate Bank has a market capitalization of $2.20 billion and generates $316.50 million in revenue each year. Centerstate Bank employs 1,200 workers across the globe.

What is Centerstate Bank's official website?

The official website for Centerstate Bank is http://www.centerstatebank.com.

How can I contact Centerstate Bank?

Centerstate Bank's mailing address is 1101 FIRST STREET SOUTH SUITE 202, WINTER HAVEN FL, 33880. The financial services provider can be reached via phone at 863-293-4710 or via email at [email protected]


MarketBeat Community Rating for Centerstate Bank (NASDAQ CSFL)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  251 (Vote Outperform)
Underperform Votes:  229 (Vote Underperform)
Total Votes:  480
MarketBeat's community ratings are surveys of what our community members think about Centerstate Bank and other stocks. Vote "Outperform" if you believe CSFL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSFL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/19/2018 by MarketBeat.com Staff

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