CenterState Banks Company Profile (NASDAQ:CSFL)

About CenterState Banks (NASDAQ:CSFL)

CenterState Banks logoCenterState Bank Corporation, formerly CenterState 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 consumer and commercial loans, to individuals and small businesses and organizations that are located in or conduct a substantial portion of their business in its market area.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:CSFL
  • CUSIP: 15201P10
  • Web: www.centerstatebank.com
Capitalization:
  • Market Cap: $1.63052 billion
  • Outstanding Shares: 60,026,000
Average Prices:
  • 50 Day Moving Avg: $25.67
  • 200 Day Moving Avg: $25.07
  • 52 Week Range: $17.72 - $27.40
P/E:
  • Trailing P/E Ratio: 22.55
  • Foreward P/E Ratio: 16.15
  • P/E Growth: 2.37
Sales & Book Value:
  • Annual Revenue: $260.07 million
  • Price / Sales: 6.30
  • Book Value: $14.84 per share
  • Price / Book: 1.84
Dividend:
  • Annual Dividend: $0.24
  • Dividend Yield: 0.9%
Profitability:
  • Net Margins: 22.70%
  • Return on Equity: 10.75%
  • Return on Assets: 1.27%
Debt:
  • Debt-to-Equity Ratio: 0.03%
  • Current Ratio: 0.85%
  • Quick Ratio: 0.85%
Misc:
  • Average Volume: 278,266 shs.
  • Beta: 0.6
  • Short Ratio: 5.4
 

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 Wednesday, June 7th. Investors of record on Thursday, June 15th will be given a dividend of $0.06 per share on Friday, June 30th. This represents a $0.24 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Tuesday, June 13th. View CenterState Banks' Dividend History.

How will CenterState Banks' stock buyback program work?

CenterState Banks announced that its Board of Directors has approved a stock repurchase program on Friday, September 8th 2017, which authorizes the company to repurchase 3,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

How were CenterState Banks' earnings last quarter?

CenterState Banks, Inc. (NASDAQ:CSFL) issued its quarterly earnings results on Tuesday, October, 18th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.01. The business had revenue of $60.93 million for the quarter, compared to analyst estimates of $60.90 million. CenterState Banks had a return on equity of 10.75% and a net margin of 22.70%. View CenterState Banks' Earnings History.

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

3 brokers have issued 1-year price objectives for CenterState Banks' shares. Their predictions range from $28.00 to $29.00. On average, they expect CenterState Banks' stock price to reach $28.50 in the next twelve months. View Analyst Ratings for CenterState Banks.

Who are some of CenterState Banks' key competitors?

Who are CenterState Banks' key executives?

CenterState Banks' management team includes the folowing people:

  • Ernest S. Pinner, Executive Chairman of the Board
  • John C. Corbett, President, Chief Executive Officer, Director
  • Jennifer L. Idell, Chief Financial Officer
  • Mark W. Thompson, President - CenterState Bank, NA.
  • Stephen Dean Young, Chief Operating Officer, Executive Vice President, Corporate Treasurer; Executive Vice President and COO of CenterState Bank of Florida, N.A
  • Daniel E. Bockhorst, Senior Vice President, Chief Risk Officer; Executive Vice President of CenterState Bank of Florida, N.A
  • Nathan Goodnight, Senior Vice President - Correspondent Division
  • Daniel R. Richey, Director
  • David G. Salyers, Director
  • James H. Bingham, Independent Director

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.

What is CenterState Banks' stock price today?

One share of CenterState Banks stock can currently be purchased for approximately $27.29.


MarketBeat Community Rating for CenterState Banks (NASDAQ CSFL)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  135 (Vote Outperform)
Underperform Votes:  132 (Vote Underperform)
Total Votes:  267
MarketBeat's community ratings are surveys of what our community members think about CenterState Banks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CenterState Banks (NASDAQ:CSFL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $28.50 (4.43% upside)
Consensus Price Target History for CenterState Banks (NASDAQ:CSFL)
Price Target History for CenterState Banks (NASDAQ:CSFL)
Analysts' Ratings History for CenterState Banks (NASDAQ:CSFL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$28.00LowView Rating Details
8/29/2017Brean CapitalInitiated CoverageHold -> HoldMediumView Rating Details
8/14/2017StephensSet Price TargetBuy$29.00MediumView Rating Details
4/27/2016FIG PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 10/19/2015 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
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: $1.30
2018 EPS Consensus Estimate: $1.67
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$0.36$0.36$0.36
Q1 20181$0.37$0.37$0.37
Q2 20181$0.42$0.42$0.42
Q3 20181$0.44$0.44$0.44
Q4 20181$0.44$0.44$0.44
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CenterState Banks (NASDAQ:CSFL)
Most Recent Dividend:6/30/2017
Annual Dividend:$0.24
Dividend Yield:0.88%
Payout Ratio:19.51% (Trailing 12 Months of Earnings)
16.78% (Based on This Year's Estimates)
14.20% (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
6/7/2017Quarterly$0.060.96%6/13/20176/15/20176/30/2017
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: 3.65%
Institutional Ownership Percentage: 71.49%
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
9/12/2017Michael F CiferriDirectorBuy4,500$22.66$101,970.00View SEC Filing  
9/7/2017David G SalyersDirectorBuy2,000$22.49$44,980.00View SEC Filing  
9/5/2017David G SalyersDirectorBuy1,000$23.99$23,990.00View SEC Filing  
8/15/2017Charles W McphersonDirectorBuy3,600$24.75$89,100.00View SEC Filing  
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
americanbankingnews.com logoZacks Investment Research Lowers CenterState Banks, Inc. (CSFL) to Sell
www.americanbankingnews.com - October 17 at 6:30 PM
finance.yahoo.com logoShould You Buy CenterState Bank Corporation (CSFL)?
finance.yahoo.com - October 16 at 6:20 PM
finance.yahoo.com logoHow Did CenterState Bank Corporation’s (CSFL) 8.86% ROE Fare Against The Industry?
finance.yahoo.com - October 13 at 6:08 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - October 9 at 6:28 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) to Release Earnings on Monday
www.americanbankingnews.com - October 9 at 1:32 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of CenterState Bank Corporation - CSFL
finance.yahoo.com - October 6 at 5:48 PM
americanbankingnews.com logoKeefe, Bruyette & Woods Reaffirms Hold Rating for CenterState Banks, Inc. (CSFL)
www.americanbankingnews.com - October 3 at 11:46 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - October 3 at 10:40 PM
finance.yahoo.com logoCenterState Bank Corporation Announces Promotion of Mark W. Thompson to President of CenterState Bank, N.A.
finance.yahoo.com - October 3 at 5:59 AM
finance.yahoo.com logoETFs with exposure to CenterState Banks, Inc. : September 29, 2017
finance.yahoo.com - October 3 at 5:59 AM
americanbankingnews.com logoFinancial Contrast: CenterState Banks (CSFL) & Its Peers
www.americanbankingnews.com - September 30 at 6:14 PM
prnewswire.com logoCenterState Bank Corporation Announces Promotion of Mark W. Thompson to President of CenterState Bank, NA - PR Newswire (press release)
www.prnewswire.com - September 28 at 12:02 AM
bizjournals.com logoHere are the golden parachutes Sunshine Bank execs could get after the CenterState purchase
www.bizjournals.com - September 25 at 4:03 PM
finance.yahoo.com logoCenterState Bank Correspondent Division Appoints Nathan Goodnight To Head Texas Expansion
finance.yahoo.com - September 19 at 5:36 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Expected to Post Earnings of $0.36 Per Share
www.americanbankingnews.com - September 19 at 8:24 AM
finance.yahoo.com logoETFs with exposure to CenterState Banks, Inc. : September 18, 2017
finance.yahoo.com - September 18 at 10:36 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Short Interest Up 35.5% in August
www.americanbankingnews.com - September 16 at 1:44 AM
finance.yahoo.com logoCenterState Banks, Inc. :CSFL-US: Earnings Analysis: Q2, 2017 By the Numbers : September 15, 2017
finance.yahoo.com - September 15 at 6:02 PM
nasdaq.com logoCenterState Bank (CSFL) Shares Cross Above 200 DMA
www.nasdaq.com - September 14 at 6:21 PM
finance.yahoo.com logoCenterState Banks, Inc. breached its 50 day moving average in a Bullish Manner : CSFL-US : September 14, 2017
finance.yahoo.com - September 14 at 6:21 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Director Michael F. Ciferri Purchases 4,500 Shares
www.americanbankingnews.com - September 13 at 4:34 PM
bizjournals.com logoInside the branch strategy of Florida’s largest community bank
www.bizjournals.com - September 8 at 5:55 PM
nasdaq.com logoCenterState Banks is Now Oversold (CSFL)
www.nasdaq.com - September 8 at 5:55 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Director Acquires $44,980.00 in Stock
www.americanbankingnews.com - September 8 at 1:20 PM
americanbankingnews.com logoStock Buyback Program Approved by CenterState Banks (CSFL) Board of Directors
www.americanbankingnews.com - September 8 at 11:16 AM
americanbankingnews.com logoInsider Buying: CenterState Banks, Inc. (CSFL) Director Buys 1,000 Shares of Stock
www.americanbankingnews.com - September 6 at 1:38 PM
americanbankingnews.com logo Brokerages Anticipate CenterState Banks, Inc. (CSFL) Will Post Quarterly Sales of $82.30 Million
www.americanbankingnews.com - September 2 at 3:50 AM
finance.yahoo.com logoCenterState Banks, Inc. – Value Analysis (NASDAQ:CSFL) : September 1, 2017
finance.yahoo.com - September 1 at 3:34 AM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Expected to Announce Earnings of $0.36 Per Share
www.americanbankingnews.com - August 31 at 10:30 PM
finance.yahoo.com logoCenterState Banks, Inc. breached its 50 day moving average in a Bullish Manner : CSFL-US : August 28, 2017
finance.yahoo.com - August 28 at 5:25 PM
zacks.com logoHere's Why You Should Bet on CenterState Banks (CSFL) Now
www.zacks.com - August 21 at 5:21 PM
finance.yahoo.com logoHere's Why You Should Bet on CenterState Banks (CSFL) Now
finance.yahoo.com - August 21 at 5:21 PM
nasdaq.com logoCSFL Makes Notable Cross Below Critical Moving Average
www.nasdaq.com - August 17 at 11:57 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Director Buys $89,100.00 in Stock
www.americanbankingnews.com - August 17 at 10:24 AM
americanbankingnews.com logoQ1 2018 EPS Estimates for CenterState Banks, Inc. (CSFL) Cut by Analyst
www.americanbankingnews.com - August 16 at 11:44 AM
reuters.com logoBRIEF-Centerstate Banks announces acquisitions to become Florida's largest community bank
www.reuters.com - August 15 at 11:17 PM
streetinsider.com logoCenterstate Banks (CSFL) to Acquire HCBF Holding and Sunshine Bancorp in Florida
www.streetinsider.com - August 15 at 11:17 PM
seekingalpha.com logoCenterState Banks (CSFL) Acquires HCBF Holding And Sunshine Bancorp (SBCP) - Slideshow
seekingalpha.com - August 15 at 11:17 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Expected to Announce Quarterly Sales of $82.30 Million
www.americanbankingnews.com - August 15 at 3:10 PM
finance.yahoo.com logoCenterState Banks, Inc. Announces Acquisitions to become Florida's Largest Community Bank
finance.yahoo.com - August 14 at 5:55 PM
americanbankingnews.com logoCenterState Banks, Inc. (NASDAQ:CSFL) Given a $29.00 Price Target by Stephens Analysts
www.americanbankingnews.com - August 14 at 1:06 PM
americanbankingnews.com logoCenterState Banks, Inc. (NASDAQ:CSFL) Expected to Announce Earnings of $0.36 Per Share
www.americanbankingnews.com - August 13 at 10:30 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Centerstate Banks Inc.
finance.yahoo.com - August 12 at 5:01 PM
finance.yahoo.com logoIHS Markit Score upgrades Centerstate Banks Inc to 59 out of 100, ranking positively in two out of four IHS Markit categories.
finance.yahoo.com - August 11 at 6:00 PM
finance.yahoo.com logoCenterState Banks, Inc. breached its 50 day moving average in a Bearish Manner : CSFL-US : August 10, 2017
finance.yahoo.com - August 10 at 6:49 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Forecasted to Earn Q4 2017 Earnings of $0.36 Per Share
www.americanbankingnews.com - July 31 at 7:55 AM
americanbankingnews.com logo Analysts Anticipate CenterState Banks, Inc. (CSFL) Will Announce Quarterly Sales of $79.80 Million
www.americanbankingnews.com - July 28 at 7:41 PM
finance.yahoo.com logoEdited Transcript of CSFL earnings conference call or presentation 26-Jul-17 6:00pm GMT
finance.yahoo.com - July 27 at 5:54 PM
finance.yahoo.com logoEdited Transcript of CSFL earnings conference call or presentation 26-Jul-17 6:00pm GMT
finance.yahoo.com - July 27 at 5:54 PM
finance.yahoo.com logoBank stocks have crushed it since Trump took office. Here's how Tampa Bay lenders have fared since Election Day
finance.yahoo.com - July 27 at 5:54 PM

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Chart

CenterState Banks (CSFL) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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