CSFL Profile
CenterState
Banks, Inc. (CSFL) is a financial holding company that operates
CenterState Bank, a community-oriented bank that provides a range of
financial services to individuals and businesses in Florida, Georgia,
and Alabama.
CenterState Bank's services include checking and
savings accounts, mortgages, personal loans, business banking, and
wealth management services. The bank also offers a range of online and
mobile banking services to its customers.
CenterState Banks,
Inc. was founded in 1992 and is headquartered in Winter Haven,
Florida. As of my knowledge cutoff of September 2021, the company was
performing well financially, with strong revenue and earnings growth
in recent years. The company's revenue for the fiscal year 2020 was
$657.6 million, representing an increase of 21.8% compared to the
previous year. Net income for the same period was $225.2 million, an
increase of 23.7% compared to the previous year.
CenterState
Banks, Inc. has a market capitalization of approximately $5.5 billion
as of my knowledge cutoff of September 2021, and its stock is listed
on the NASDAQ stock exchange under the ticker symbol CSFL. The company
has a dividend yield of approximately 2.5%, and it has a history of
paying regular dividends to its shareholders.
The banking
industry is subject to various risks, including changes in interest
rates, credit risk, and regulatory changes. However, CenterState
Banks, Inc. has a strong financial position and a history of serving
its local communities, which should position it well for continued
success in
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