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: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:CSFL
  • CUSIP: 15201P10
  • Web: www.centerstatebank.com
Capitalization:
  • Market Cap: $1.55 billion
  • Outstanding Shares: 60,026,000
Average Prices:
  • 50 Day Moving Avg: $24.55
  • 200 Day Moving Avg: $24.89
  • 52 Week Range: $17.09 - $26.94
P/E:
  • Trailing P/E Ratio: 21.31
  • Foreward P/E Ratio: 15.16
  • P/E Growth: 2.22
Sales & Book Value:
  • Annual Revenue: $260.07 million
  • Price / Sales: 5.95
  • Book Value: $14.84 per share
  • Price / Book: 1.74
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: 265,808 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 paid a dividend of $0.06 per share on Friday, June 30th. This represents a $0.24 annualized dividend and a yield of 0.93%. 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 share buyback plan on Friday, September 8th 2017, which authorizes the company to buyback 3,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its shares are undervalued.

How were CenterState Banks' earnings last quarter?

CenterState Banks, Inc. (NASDAQ:CSFL) released its 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 company earned $60.93 million during the quarter, compared to the consensus estimate of $60.90 million. CenterState Banks had a net margin of 22.70% and a return on equity of 10.75%. 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, October, 16th 2017. View Earnings Estimates for CenterState Banks.

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

2 brokers have issued 1 year price targets for CenterState Banks' shares. Their predictions range from $29.00 to $29.00. On average, they expect CenterState Banks' stock price to reach $29.00 in the next year. View Analyst Ratings for CenterState Banks.

Are investors shorting CenterState Banks?

CenterState Banks saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,650,519 shares, an increase of 35.5% from the August 15th total of 1,217,884 shares. Based on an average daily trading volume, of 193,061 shares, the short-interest ratio is currently 8.5 days. Approximately 2.8% of the company's stock are short sold.

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
  • 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
  • Daniel R. Richey, Director
  • David G. Salyers, Director
  • James H. Bingham, Independent Director
  • G. Robert Robert Blanchard Jr., Independent Director
  • Charles Dennis Carlton, Independent Director

Who owns CenterState Banks stock?

CenterState Banks' stock is owned by many different of institutional and retail investors. Top institutional investors include Capital World Investors (6.44%), Vanguard Group Inc. (3.72%), Goldman Sachs Group Inc. (3.67%), Channing Capital Management LLC (3.43%), Dimensional Fund Advisors LP (3.17%) and State Street Corp (2.63%). Company insiders that own CenterState Banks stock include Charles W Mcpherson, David G Salyers, James H Bingham, John C Corbett, John E Tranter and Michael F Ciferri. 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 Wells Fargo & Company MN, Banc Funds Co. LLC, Dimensional Fund Advisors LP, Lord Abbett & CO. LLC, Federated Investors Inc. PA, Northpointe Capital LLC, ClariVest Asset Management LLC and Victory Capital Management Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Channing Capital Management LLC, Principal Financial Group Inc., AJO LP, Emerald Mutual Fund Advisers Trust, State Street Corp, Vanguard Group Inc. and Rothschild Asset Management Inc.. Company insiders that have bought CenterState Banks stock in the last two years include Charles W Mcpherson, David G Salyers and Michael F Ciferri. 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.

What is CenterState Banks' stock price today?

One share of CenterState Banks stock can currently be purchased for approximately $25.78.


MarketBeat Community Rating for CenterState Banks (NASDAQ CSFL)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  121 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  245
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: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $29.00 (12.49% upside)

Analysts' Ratings History for CenterState Banks (NASDAQ:CSFL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/29/2017Brean CapitalInitiated CoverageHold -> HoldMediumView Rating Details
8/14/2017StephensSet Price TargetBuy$29.00MediumView 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 9/24/2015 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
10/16/2017Q2 2017$0.32$0.37N/AView Earnings Details
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:0.93%
Payout Ratio:19.51% (Trailing 12 Months of Earnings)
16.67% (Based on This Year's Estimates)
14.12% (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: 71.51%
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
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
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Downgraded by ValuEngine to "Hold"
www.americanbankingnews.com - September 9 at 11:22 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
americanbankingnews.com logoCenterState Banks, Inc. (NASDAQ:CSFL) Downgraded to "Sell" at BidaskClub
www.americanbankingnews.com - August 12 at 7:34 PM
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) Upgraded to Hold by BidaskClub
www.americanbankingnews.com - August 6 at 8:56 AM
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
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - July 28 at 6:01 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
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
finance.yahoo.com logoInvestor Network: CenterState Banks, Inc. to Host Earnings Call
finance.yahoo.com - July 26 at 6:10 PM
americanbankingnews.com logo Brokerages Anticipate CenterState Banks, Inc. (NASDAQ:CSFL) Will Post Earnings of $0.31 Per Share
www.americanbankingnews.com - July 26 at 8:24 AM
cnbc.com logoCenterState posts 2Q profit
www.cnbc.com - July 25 at 10:35 PM
finance.yahoo.com logoChick-fil-A executive joins the board at Tampa Bay's biggest community bank
finance.yahoo.com - July 21 at 7:10 PM
finance.yahoo.com logoCenterState Banks, Inc. Announces Appointment of David G. Salyers to its Board of Directors
finance.yahoo.com - July 20 at 7:33 PM
finance.yahoo.com logoCenterState Banks, Inc. breached its 50 day moving average in a Bearish Manner : CSFL-US : July 19, 2017
finance.yahoo.com - July 19 at 6:41 PM
americanbankingnews.com logoCenterState Banks, Inc. (CSFL) to Release Earnings on Tuesday
www.americanbankingnews.com - July 18 at 8:24 AM
finance.yahoo.com logoCenterState Banks, Inc. – Value Analysis (NASDAQ:CSFL) : July 4, 2017
finance.yahoo.com - July 4 at 11:52 PM

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CenterState Banks (CSFL) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff