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

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$23.58 -0.12 (-0.51 %)
(As of 01/17/2019 04:00 PM ET)
Previous Close$23.70
Today's Range$23.45 - $23.68
52-Week Range$19.55 - $32.27
Volume479,000 shs
Average Volume516,775 shs
Market Capitalization$2.21 billion
P/E RatioN/A
Dividend Yield1.76%
Beta0.77
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$316.50 million
Cash Flow$0.6640 per share
Book Value$15.04 per share

Profitability

Net Income$55.79 million

Miscellaneous

Employees1,200
Market Cap$2.21 billion
OptionableOptionable

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 announced a quarterly dividend on Tuesday, October 23rd. Investors of record on Friday, December 14th will be paid a dividend of $0.10 per share on Monday, December 31st. This represents a $0.40 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Thursday, December 13th. View Centerstate Bank's Dividend History.

How will Centerstate Bank's stock buyback program work?

Centerstate Bank announced that its board has approved a stock repurchase program 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 programs are usually 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) posted its quarterly earnings results on Tuesday, October, 30th. The financial services provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.49 by $0.02. The financial services provider earned $128.96 million during the quarter, compared to analysts' expectations of $125.03 million. Centerstate Bank had a net margin of 22.11% and a return on equity of 9.02%. 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, January 29th 2019. View Earnings Estimates for Centerstate Bank.

What price target have analysts set for CSFL?

6 analysts have issued 12-month price objectives for Centerstate Bank's shares. Their forecasts range from $26.00 to $32.00. On average, they expect Centerstate Bank's share price to reach $29.40 in the next twelve months. This suggests a possible upside of 24.7% 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Centerstate Bank.

Has Centerstate Bank been receiving favorable news coverage?

News stories about CSFL stock have trended very positive this week, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Centerstate Bank earned a daily sentiment score of 3.7 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

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 72)
  • Mr. John C. Corbett, Pres, CEO & Director (Age 50)
  • Ms. Jennifer L. Idell, Exec. VP & CFO (Age 44)
  • Mr. Stephen Dean Young, Exec. VP & COO (Age 42)
  • Mr. Daniel E. Bockhorst, Exec. VP & Chief Credit Officer (Age 55)

Who are Centerstate Bank's major shareholders?

Centerstate Bank's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Virtu Financial LLC (0.01%), Advisors Capital Management LLC (0.01%), Sound Income Strategies LLC (0.01%), Sound Income Strategies LLC (0.01%) and Sound Income Strategies LLC (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, Thomas E Oakley and William K Pou Jr. View Institutional Ownership Trends for Centerstate Bank.

Which institutional investors are buying Centerstate Bank stock?

CSFL stock was purchased by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Advisors Capital Management LLC, Sound Income Strategies LLC, Sound Income Strategies LLC and Sound Income Strategies LLC. Company insiders that have bought Centerstate Bank stock in the last two years include Charles W Mcpherson, David G Salyers, Ernest S Pinner, Jody Jean Dreyer, John C Corbett, Michael F Ciferri and William K Pou Jr. 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 $23.58.

How big of a company is Centerstate Bank?

Centerstate Bank has a market capitalization of $2.21 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:  273 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  521
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 1/17/2019 by MarketBeat.com Staff

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