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Capstar Financial posts 1Q profit

NASHVILLE, Tenn. (AP) _ Capstar Financial Holdings Inc. (CSTR) on Wednesday reported net income of $332,000 in its first quarter.

The bank, based in Nashville, Tennessee, said it had earnings of 3 cents per share. Earnings, adjusted for non-recurring costs, were 21 cents per share.

The bank holding company posted revenue of $14.1 million in the period. Its adjusted revenue was $12.1 million.

Capstar Financial shares have decreased 18 percent since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSTR at https://www.zacks.com/ap/CSTR


Keywords: Capstar Financial, Earnings Report