Centerstate Bank (CSFL) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $18.04 to $19.97
• 50-Day Range: $13.04 to $18.29
• 52-Week Range: $12.10 to $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
• Consensus Rating: N/A

CSFL Stock Analysis - Frequently Asked Questions

How were Centerstate Bank's earnings last quarter?

Centerstate Bank Corp (NASDAQ:CSFL) issued its earnings results on Thursday, April, 23rd. The financial services provider reported $0.28 EPS for the quarter, missing the consensus estimate of $0.42 by $0.14. The financial services provider had revenue of $209.14 million for 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.

What other stocks do shareholders of Centerstate Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Centerstate Bank investors own include SouthState (SSB), Energy Transfer (ET), M&T Bank (MTB), AT&T (T), WPP (WPP), Garrison Capital (GARS) and Regions Financial (RF).

Company Calendar

• Last Earnings: 4/23/2020
• Today: 4/01/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National Commercial Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:CSFL
• 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