CenterState Bank Corp (CSFL) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
CenterState Bank Corp (CSFL) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. 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 $2.25 billion; its shares were traded at around $27.28 with a P/E ratio of 28.12 and P/S ratio of 5.29. The dividend yield of CenterState Bank Corp stocks is 0.66%. CenterState Bank Corp had annual average EBITDA growth of 23.40% over the past five years.
Warning! GuruFocus has detected 4 Warning Sign with CSFL. Click here to check it out.
The intrinsic value of CSFL
For the last quarter CenterState Bank Corp reported a revenue of $80.6 million, compared with the revenue of $64.69 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $300.7 million, an increase of 23.4% from last year. For the last five years CenterState Bank Corp had an average revenue growth rate of 17.8% a year.
The reported diluted earnings per share was 95 cents for the year, an increase of 8% from previous year. Over the last five years CenterState Bank Corp had an EPS growth rate of 27.8% a year. The CenterState Bank Corp enjoyed an operating margin of 36.34%, compared with the operating margin of 26.37% a year before. The 10-year historical median operating margin of CenterState Bank Corp is 11.38%. The profitability rank of the company is 4 (out of 10).
At the end of the fiscal year, CenterState Bank Corp has the cash and cash equivalents of $85.6 million, compared with $66.4 million in the previous year. The long term debt was $253.3 million, compared with $26.0 million in the previous year. The interest coverage to the debt is 6.9. CenterState Bank Corp has a financial strength rank of 4 (out of 10).
At the current stock price of $27.28, CenterState Bank Corp is traded at 87.2% premium to its historical median P/S valuation band of $14.57. The P/S ratio of the stock is 5.29, while the historical median P/S ratio is 2.83. The stock gained 10.72% during the past 12 months.
Directors and Officers Recent Trades:
Director Thomas E Oakley sold 20,000 shares of CSFL stock on 02/01/2018 at the average price of $26.8. The price of the stock has increased by 1.79% since.
For the complete 20-year historical financial data of CSFL, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 4 Warning Sign with CSFL. Click here to check it out.
The intrinsic value of CSFL
