CapStar Financial Hlds

CapStar Financial Holdings, Inc. is a bank holding company, which engages in the provision of commercial banking services. Its products and services include commercial and industrial loans to small and medium sized businesses, commercial real estate loans, mortgage banking, and private banking and wealth management services for the owners and operators of its business clients and other high net worth individuals. It also offers correspondent banking services to meet the needs of smaller community banks as well as various retail and consumer products. The company was founded on December 1, 2015 and is headquartered in Nashville, TN.

Earnings data Q1 2024

CapStar reports solid Q1 earnings, faces deposit challenges

CapStar's Q1 performance showed solid earnings and a focus on returning value to investors. The company faces challenges in the deposit and mortgage divisions but sees opportunities in expense management and potential stock buybacks. Overall, the company maintains a strong asset quality and liquidity position.

CapStar Financial Holdings maintains strong capital levels amidst divisional challenges

CapStar Financial Holdings delivered a solid performance with a focus on maintaining strong capital levels and executing a balanced strategy for deploying capital. While facing challenges in its mortgage and Tri-Net divisions, the company identified expense reduction opportunities and emphasized leveraging its team for increased origination capacity.

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Capstar Bank operates as a state chartered bank that provides personal and business banking products and services. The company offers checking and savings accounts, money market accounts, certificates of deposit, debit card/ATM access, and Internet banking services. Its loan portfolio includes overdraft protection, personal line of credit, installment loans, bridge loans, equity lines and loans, home equity line of credit, home equity loans, vehicle loans, new and pre-owned auto loans, marine loans, construction and lot loans, residential construction loans, and residential lot loans. The company also offers time notes, working capital line of credit, equipment line of credit, equipment term loans, letter of credit, commercial construction loans, and commercial real estate term loans. In addition, it provides treasury management services, including commercial Internet banking, account reconciliation, investment and credit line sweep accounts, ACH collections and disbursement, remote image deposit, lockbox facility, positive pay, merchant cards, and zero balance account services. The company was founded in 2008 and is headquartered in Nashville, Tennessee.  The bank currently has branches in Nashville, Brentwood and Green Hills.

NASHVILLE, Tenn., Jan. 29, 2024 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ: CSTR) announced that on January 26, 2024, the Board of Directors of the Company approved a quarterly dividend of $0.11 per common share payable on February 21, 2024 to shareholders of record of CapStar's common stock as of the close of business on February 7, 2024.

CapStar Financial Holdings, Inc. Announces Quarterly Dividend of $0.11 per Share

NEW ORLEANS , Jan. 26, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

CAPSTAR FINANCIAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CapStar Financial Holdings, Inc. - CSTR

Capstar Financial (CSTR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Capstar Financial (CSTR): Can Its 5.4% Jump Turn into More Strength?

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of CapStar Financial Holdings, Inc. (NASDAQ: CSTR) to Old National Bancorp for 1.155 shares of Old National common stock for each share of CapStar common stock is fair to CapStar shareholders. Halper Sadeh encourages CapStar shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or.

CSTR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of CapStar Financial Holdings, Inc. Is Fair to Shareholders

MILWAUKEE , Oct. 27, 2023 /PRNewswire/ -- Ademi LLP is investigating CapStar (NASDAQ: CSTR) for possible breaches of fiduciary duty and other violations of law in its transaction with Old National. Click here to learn how to join the action https://www.ademilaw.com/case/capstar-financial-holdings-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether CapStar Financial Holdings, Inc. has obtained a Fair Price in its transaction with Old National Bancorp

While the top- and bottom-line numbers for Capstar Financial (CSTR) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Capstar Financial (CSTR) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Capstar Financial (CSTR) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.37 per share a year ago.

Capstar Financial (CSTR) Q3 Earnings Surpass Estimates

NASHVILLE, Tenn., Oct. 26, 2023 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ:CSTR) today reported net income of $8.9 million or $0.43 per diluted share, for the quarter ended September 30, 2023, compared with net income of $7.8 million or $0.37 per diluted share, for the quarter ended June 30, 2023, and net income of $8.0 million or $0.37 per diluted share, for the quarter ended September 30, 2022.

CapStar Reports Third Quarter 2023 Results

NASHVILLE, Tenn., Oct. 04, 2023 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ: CSTR) announced today that it will issue its third quarter 2023 earnings release after the market closes on October 26, 2023.

CapStar Announces Date for Third Quarter 2023 Earnings Release and Conference Call

NASHVILLE, Tenn., Sept. 22, 2023 (GLOBE NEWSWIRE) -- CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), announces the promotion of Bryan Fryar to Chattanooga Market President and the addition of two local commercial bankers to the Chattanooga banking group, forming one of the region's strongest banking teams.

CapStar Names Bryan Fryar Chattanooga Market President

NASHVILLE, Tenn., July 25, 2023 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”, the “Company”) (NASDAQ: CSTR) today announced that Timothy K. Schools, President and Chief Executive Officer, will participate in the KBW Community Bank Investor Conference on August 8-9, 2023.

CapStar Financial Holdings, Inc. to Participate in the KBW Community Bank Investor Conference

CapStar Financial Holdings, Inc. (NASDAQ:CSTR ) Q2 2023 Earnings Conference Call July 21, 2023 11:00 AM ET Company Participants Tim Schools - President and Chief Executive Officer Mike Fowler - Chief Financial Officer Chris Tietz - Chief Banking Officer Kevin Lambert - Chief Credit Officer Conference Call Participants Will Jones - KBW Brett Rabatin - Hovde Group Kevin Fitzsimmons - D.A. Davidson Feddie Strickland - Janney Montgomery Scott Operator Good morning, everyone, and welcome to CapStar Financial Holdings Second Quarter 2023 Earnings Conference Call.

CapStar Financial Holdings, Inc. (CSTR) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Capstar Financial (CSTR) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Capstar Financial (CSTR) Q2 Earnings

Capstar Financial (CSTR) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.45 per share a year ago.

Capstar Financial (CSTR) Tops Q2 Earnings Estimates

NASHVILLE, Tenn., July 20, 2023 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ:CSTR) today reported net income of $7.8 million or $0.37 per diluted share, for the quarter ended June 30, 2023, compared with net income of $6.4 million or $0.30 per diluted share, for the quarter ended March 31, 2023, and net income of $10.0 million or $0.45 per diluted share, for the quarter ended June 30, 2022. Annualized return on average assets and return on average equity for the quarter ended June 30, 2023 was 0.98% and 8.95%, respectively.

CapStar Reports Second Quarter 2023 Results

Capstar Financial (CSTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Capstar Financial (CSTR) to Report a Decline in Earnings: What to Look Out for

NASHVILLE, Tenn., July 06, 2023 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ: CSTR) announced today that it will issue its second quarter 2023 earnings release after the market closes on July 20, 2023.

CapStar Announces Date for Second Quarter 2023 Earnings Release and Conference Call

NASHVILLE, Tenn., June 26, 2023 (GLOBE NEWSWIRE) -- CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), announced today the hiring of Ellen Hammer as Commercial Relationship Manager for the Nashville (Davidson County) team, serving small to medium-sized businesses and their owners, professionals, real estate investors, and relationship retail customers.

Nashville Banker Ellen Hammer Joins CapStar as Commercial Relationship Manager

NASHVILLE, Tenn., June 12, 2023 (GLOBE NEWSWIRE) -- CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), today announced the appointment of Christopher G. Tietz into the newly created position of Chief Banking Officer where he will lead planning and oversight of the company's banking and specialty banking divisions.

CapStar Announces Christopher G. Tietz as Chief Banking Officer and Christopher A.

NASHVILLE, Tenn., May 25, 2023 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ: CSTR), the parent company of CapStar Bank, announced today that it has completed its $10 million share purchase authorization on May 25, 2023. Within this authorization, the Company purchased 692,000 shares for an average price of $14.42. Since February 1, 2022, the Company repurchased 1,348,000 or 6% of total common shares outstanding.

CapStar Financial Holdings, Inc. Announces Completion of $10 Million Common Stock Repurchase Authorization and $20 Million New Authorization

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14 Upcoming Dividend Increases, Including One Dividend King

Although the revenue and EPS for Capstar Financial (CSTR) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Capstar Financial (CSTR) Reports Q1 Earnings: What Key Metrics Have to Say

CapStar Financial Holdings, Inc. (CSTR) Q1 2023 Earnings Call Transcript.

CapStar Financial Holdings, Inc. (CSTR) Q1 2023 Earnings Call Transcript

Capstar Financial (CSTR) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.48 per share a year ago.

Capstar Financial (CSTR) Q1 Earnings and Revenues Miss Estimates

NASHVILLE, Tenn., April 20, 2023 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ:CSTR) today reported net income of $6.4 million or $0.30 per diluted share, for the quarter ended March 31, 2023, compared with net income of $10.3 million or $0.47 per diluted share, for the quarter ended December 31, 2022, and net income of $10.7 million or $0.48 per diluted share, for the quarter ended March 31, 2022. Annualized return on average assets and return on average equity for the quarter ended March 31, 2023 was 0.83% and 7.41%, respectively. First quarter results include a $2.0 million loss, or $0.07 per share, related to Signature Bank subordinated debt.

News for CapStar Financial Hlds Stock (CSTR)