How were Centerstate Bank's earnings last quarter?

Centerstate Bank Corp (NASDAQ:CSFL) issued its quarterly earnings data on Thursday, April, 23rd. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.14. The financial services provider earned $209.14 million during the quarter, compared to the consensus estimate of $194.73 million. Centerstate Bank had a trailing twelve-month return on equity of 8.41% and a net margin of 23.43%. Read the conference call transcript .

Is Centerstate Bank a good dividend stock?

Centerstate Bank (NASDAQ:CSFL) pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.09%. The dividend payout ratio is 26.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSFL will have a dividend payout ratio of 37.58% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CSFL .

What other stocks do shareholders of Centerstate Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Centerstate Bank investors own include Energy Transfer (ET) , Garrison Capital (GARS) , NVIDIA (NVDA) , SunCoke Energy Partners (SXCP) , AT&T (T) , CBL & Associates Properties (CBL) , Cornerstone Total Return Fund (CRF) , Ford Motor (F) , Martin Midstream Partners (MMLP) and NGL Energy Partners (NGL) .

NASDAQ:CSFL

Centerstate Bank (CSFL) Stock Price, News & Analysis

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Today's Range: $18.04
▼
$19.97
50-Day Range: $13.04
▼
$18.29
52-Week Range: $12.10
▼
$26.79

Volume: 4.71 million shs
Average Volume: 849,540 shs
Market Capitalization: $2.25 billion

P/E Ratio: 10.73
Dividend Yield: 3.09%
Price Target: N/A

Stock Analysis

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About Centerstate Bank Stock (NASDAQ:CSFL)

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. The company accepts various deposit products, such as savings, demand, negotiable order of withdrawal, and money market deposit accounts, as well as certificates of deposit and time deposits. Its loan products include 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. The company's loan products also comprise commercial loans to small-to-medium sized businesses for working capital, equipment purchases, and various other business purposes; and consumer loans consisting of loans to individuals for various consumer purposes, as well as business purpose loans. It also offers mutual funds, annuities, and other investment products. In addition, 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, 2018, it operated 126 full service banking offices throughout Florida, Georgia, and Alabama; 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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CSFL Stock News Headlines

April 12, 2024 | msn.com

CenterState CEO announces business of the year award winners

October 31, 2023 | usatoday.com

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July 23, 2023 | bizjournals.com

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July 18, 2023 | bizjournals.com

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June 26, 2023 | businessinsider.com

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April 26, 2023 | investopedia.com

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April 22, 2023 | money.usnews.com

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April 20, 2023 | businessinsider.com

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April 12, 2023 | money.usnews.com

6 Banks That Offer Bonuses for Opening an Account

March 26, 2023 | investopedia.com

What Is a Bank Failure? Definition, Causes, Results, and Examples

March 22, 2023 | businessinsider.com

Are banks open today? Here's a list of US bank holidays for 2023

March 18, 2023 | cnbc.com

Banks take advantage of Fed crisis lending programs

March 2, 2023 | businessinsider.com

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March 1, 2023 | benzinga.com

Best Investment Banks

January 15, 2023 | cnet.com

What Is Open Banking?

August 31, 2022 | investing.com

Cosmo Films Ltd (CSFL)

August 5, 2022 | investing.com

CSFL_old Historical Data

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Company Calendar

Last Earnings: 4/23/2020
Today: 4/17/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: National Commercial Banks
Sub-Industry: Regional Banks
Current Symbol: NASDAQ:CSFL
CUSIP: 15201P10
CIK: 1102266
Web: www.centerstatebank.com
Phone: 863-293-4710
Fax: N/A
Employees: 2,756
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.13
Trailing P/E Ratio: 10.73
Forward P/E Ratio: 12.69
P/E Growth: N/A
Net Income: $225.40 million
Net Margins: 23.43%
Pretax Margin: N/A
Return on Equity: 8.41%
Return on Assets: 1.38%

Debt

Debt-to-Equity Ratio: 0.04
Current Ratio: 0.90
Quick Ratio: 0.88

Sales & Book Value

Annual Sales: $851.39 million
Price / Sales: 2.64
Cash Flow: $1.79 per share
Price / Cash Flow: 10.13
Book Value: $23.14 per share
Price / Book: 0.78

Miscellaneous

Outstanding Shares: 124,132,000
Free Float: N/A
Market Cap: $2.25 billion
Optionable: Optionable
Beta: 0.90

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Key Executives

Mr. Ernest S. Pinner (Age 72)
Exec. Chairman
Mr. John C. Corbett (Age 50)
Pres, CEO & Director
Mr. Stephen Dean Young (Age 42)
Exec. VP & COO
Ms. Jennifer L. Idell (Age 44)
Exec. VP & Chief Admin. Officer
Mr. William E. Matthews V (Age 54)
Chief Financial Officer

Key Competitors

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CSFL Stock Analysis - Frequently Asked Questions

How were Centerstate Bank's earnings last quarter?: Centerstate Bank Corp (NASDAQ:CSFL) issued its quarterly earnings data on Thursday, April, 23rd. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.14. The financial services provider earned $209.14 million during the quarter, compared to the consensus estimate of $194.73 million. Centerstate Bank had a trailing twelve-month return on equity of 8.41% and a net margin of 23.43%.
Read the conference call transcript.
Is Centerstate Bank a good dividend stock?: Centerstate Bank (NASDAQ:CSFL) pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.09%. The dividend payout ratio is 26.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSFL will have a dividend payout ratio of 37.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSFL.
What other stocks do shareholders of Centerstate Bank own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Centerstate Bank investors own include Energy Transfer (ET), Garrison Capital (GARS), NVIDIA (NVDA), SunCoke Energy Partners (SXCP), AT&T (T), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Ford Motor (F), Martin Midstream Partners (MMLP) and NGL Energy Partners (NGL).

This page (NASDAQ:CSFL) was last updated on 4/17/2024 by MarketBeat.com Staff

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Centerstate Bank (CSFL) Stock Price, News & Analysis

About Centerstate Bank Stock (NASDAQ:CSFL)

CSFL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CSFL Stock Analysis - Frequently Asked Questions

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