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CenterState Bank Corp (CSFL) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

CenterState Bank Corp (CSFL) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. CenterState Bank Corp is a bank holding company, which through its subsidiaries, provides a range of consumer and commercial banking services to individuals, businesses and industries. CenterState Bank Corp has a market cap of $2.53 billion; its shares were traded at around $26.43 with a P/E ratio of 15.10 and P/S ratio of 4.75. The dividend yield of CenterState Bank Corp stocks is 1.52%.


For the last quarter CenterState Bank Corp reported a revenue of $146.4 million, compared with the revenue of $79.39 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $514.0 million, an increase of 72.7% from last year. For the last five years CenterState Bank Corp had an average revenue growth rate of 26.9% a year.

The reported diluted earnings per share was $1.76 for the year, an increase of 85.3% from previous year. Over the last five years CenterState Bank Corp had an EPS growth rate of 35.7% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, CenterState Bank Corp has the cash and cash equivalents of $135.4 million, compared with $85.6 million in the previous year. The long term debt was $451.2 million, compared with $26.2 million in the previous year. CenterState Bank Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $26.43, CenterState Bank Corp is traded at 78% premium to its historical median P/S valuation band of $14.85. The P/S ratio of the stock is 4.75, while the historical median P/S ratio is 2.67. The stock lost 2.8% during the past 12 months.

For the complete 20-year historical financial data of CSFL, click here.

This article first appeared on GuruFocus.