NASHVILLE, Tenn. (AP) _ Capstar Financial Holdings Inc. (CSTR) on Thursday reported second-quarter profit of $5.8 million.
The Nashville, Tennessee-based bank said it had earnings of 31 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 38 cents per share.
The bank holding company posted revenue of $30.2 million in the period. Its revenue net of interest expense was $24 million, exceeding Street forecasts.
Capstar Financial shares have climbed slightly more than 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $15.23, a decline of 19% in the last 12 months.