CapStar Financial Holdings, Inc. (NASDAQ:CSTR) banking and financial services provider, is reporting third quarter earnings results on Thursday 22nd October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.28 per share.
For the full year, analysts predict revenues of $ 112.71 million, while looking forward to income of $ 1.10 per share.
Previous Quarter Performance
CapStar Financial Holdings, Inc. unwinded income for the second quarter of $ 0.36 per share, from the revenue of $ 28.50 million. The quarterly earnings down 5.26 percent while revenues grew 18.55 percent compared with the same quarter last year.
Street analysts expected CapStar Financial Holdings, Inc. to report income of $ 0.21 per share on revenue of $ 23.27 million for the second quarter. The bottom line results beat street analysts by $ 0.15 or 71.43 percent, at the same time, top line results outshined analysts by $ 5.23 million or 22.48 percent.
Stock Performance
Shares of CapStar Financial Holdings, Inc. traded up $ 0.21 or 1.97 percent on Wednesday, reaching $ 10.85 with volume of 15.40 thousand shares. CapStar Financial Holdings, Inc. has traded high as $ 10.85 and has cracked $ 10.66 on the downward trend
The closing price of $ 10.85, representing a 43.01 % increase from the 52 week low of $ 7.44 and a 39.13 % decrease over the 52 week high of $ 17.48.
The company has a market capital of $ 237.98 million and is part of the Financial Services sector and Banks – Regional – US industry.
Recent Stock Dividend Announcement
On July 23, 2020, the board of directors authorized quarterly dividend of $ 0.05 per share to holders of record as of the close of business on August 13, 2020, with payment date of August 27, 2020 and ex-dividend date on August 12, 2020.
Conference Call
CapStar Financial Holdings, Inc. will be hosting a conference call at 10:00 AM eastern time on 23rd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.capstarbank.com
CapStar Financial Holdings, Inc. operates as the bank holding company for CapStar Bank that provides banking services to consumer and corporate customers located primarily in Tennessee, the United States. It offers a range of deposit products and services, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, certificates of deposit, and CDARS reciprocal products.
