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CenterState Bank Corporation (CSFL)

Jun 5, 2020 - CSFL merged into SSB
Stock Price: $18.14 USD 0.81 (4.67%)
Updated Jun 5, 2020 4:00 PM EDT

Stock Price Chart

Key Info

Market Cap 2.27B
Revenue (ttm) 761.39M
Net Income (ttm) 216.16M
Shares Out 125.10M
EPS (ttm) 1.69
PE Ratio 10.73
Forward PE 13.05
Dividend $0.56
Dividend Yield 3.09%

Stock Quote

Trading Day Jun 5, 2020
Last Price $18.14
Previous Close $17.33
Change ($) 0.81
Change (%) 4.67%
Day's Open -
Day's Range 18.04 - 19.97
Day's Volume 0
52-Week Range 12.10 - 26.79

More Stats

Market Cap 2.27B
Enterprise Value 1.78B
Earnings Date (est) Jul 28, 2020
Ex-Dividend Date n/a
Shares Outstanding 125.10M
Float 125.08M
EPS (basic) 1.70
EPS (diluted) 1.69
FCF / Share 0.84
Dividend $0.56
Dividend Yield 3.09%
Earnings Yield 9.32%
FCF Yield 4.64%
Payout Ratio 27.60%
Shares Short 1.34M
Short Ratio 1.96
Short % of Float 1.07%
Beta 0.90
PE Ratio 10.73
Forward PE 13.05
P/FCF Ratio 21.55
PS Ratio 2.98
PB Ratio 0.78
Revenue 761.39M
Operating Income 277.80M
Net Income 216.16M
Free Cash Flow 105.32M
Net Cash 492.00M
Net Cash / Share 3.93
Gross Margin 97.13%
Operating Margin 36.49%
Profit Margin 28.30%
FCF Margin 13.83%
ROA 1.39%
ROE 8.88%
ROIC 1.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (6)

Buy 2
Overweight 1
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$18.25*
(0.61% upside)
Low
18.0
Current: $18.14
High
18.5
Target: 18.25
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue74151029623918815612913712683.15
Revenue Growth45.36%72.41%23.89%26.99%20.3%21.6%-5.86%8.33%51.56%-
Gross Profit74151029623918815612913712683.15
Operating Income29419710964.2561.9120.0917.7514.5311.33-10.18
Net Income22515655.8042.3439.3412.9612.249.917.91-5.94
Shares Outstanding12087.6457.2447.4145.1840.8530.1030.0730.0327.61
Earnings Per Share1.871.760.950.880.850.310.410.330.26-0.22
EPS Growth6.25%85.26%7.95%3.53%174.19%-24.39%24.24%26.92%--
Dividend Per Share0.440.400.180.160.070.040.040.040.040.04
Dividend Growth10%122.22%12.5%128.57%75%0%0%0%0%-
Operating Cash Flow15319322.7636.7543.001.3814.268.04-1.8621.72
Capital Expenditures-23.72-21.36-9.73-6.68-6.76-1.97-4.53-8.27-8.84-24.12
Free Cash Flow13017213.0230.0636.25-0.599.73-0.23-10.69-2.40
Cash & Equivalents490367281176152158175137151178
Total Debt73974658531627720367.3674.6986.22110
Net Cash / Debt-249-378-304-141-124-44.5210862.0564.8767.73
Assets17,14212,3387,1245,0794,0233,7772,4162,3632,2842,063
Liabilities14,24510,3666,2194,5263,5323,3242,1432,0902,0221,811
Book Value2,8971,971905552491452273274263252
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name CenterState Bank Corporation
Country United States
Employees 2,756

Stock Information

Ticker Symbol CSFL
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: CSFL
IPO Date January 29, 2001

Description

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 accounts, and other correspondent banking related services. As of December 31, 2019, it operated 149 full service banking offices in 47 counties throughout Florida, Georgia, and Alabama; 1 loan production office in Florida; and 1 loan production office in 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.