|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.36 - 18.98|
|52 Week Range||16.00 - 22.22|
|PE Ratio (TTM)||157.50|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
First Financial Bancorp and Capstar Financial Holdings are a few noticeable companies with a strong future outlook. The market’s optimistic sentiment towards these stocks indicates a level of confidence inRead More...
Gaylon Lawrence Jr.'s quest to own more of CapStar Financial Holdings Inc. has again been delayed. Regulators with the Federal Reserve told Lawrence they will not have a decision on his application to buy up to 15 percent of CapStar Bank's outstanding stock until March 14, according to a Jan. 26 letter sent to the investor's attorneys that was obtained by the Nashville Business Journal. Lawrence had been slated to receive the Fed's decision by the end of January.
The bank, based in Nashville, Tennessee, said it had earnings of 1 cent per share. Earnings, adjusted for pretax expenses, were 28 cents per share. The bank holding company posted revenue of $15.9 million ...
The legal back-and-forth between CapStar Financial Holdings Inc. and the bank's largest shareholder, Gaylon Lawrence Jr., continues, and now the frequent bank investor wants the $1.3 billion lender's records. In a letter dated Dec. 1, obtained by the Nashville Business Journal, Lawrence's attorneys "demand inspection of the books and records of CapStar" in accordance with the bank's bylaws. The legal sparring between CapStar (CSTR) and Lawrence — who has a 10.2 percent stake in the bank — continues to mount after the bank filed a lawsuit against the Arkansas billionaire for allegedly violating state and federal banking laws in his attempts to mount a takeover.
Gaylon Lawrence Jr. is firing back after CapStar Financial Holdings Inc. accused the investor of mounting a "creeping takeover" of the $1.3 billion lender, calling the lawsuit a "fishing expedition" and intimidation tactic. In his legal response opposing CapStar's request for expedited discovery, filed Thursday morning, Lawrence claims: "This lawsuit amounts to nothing more than an attempt by CapStar's current chairman of the board of directors, Dennis C. Bottorff, to intimidate Gaylon Lawrence and to deter him from individually acquiring any additional shares of CapStar stock.
After a rough first year on the public markets, CEO Claire Tucker and her team at CapStar Financial Holdings Inc. are trying to make up for lost ground, starting with their first solid quarter of the year. On Monday, the bank announced its third-quarter earnings, generating more than $4.4 million in net income and beating analysts' expectations. For analysts, that type of performance was critical.
The bank, based in Nashville, Tennessee, said it had earnings of 35 cents per share. The bank holding company posted revenue of $16.9 million in the period. Its adjusted revenue was $14.2 million. Capstar ...
Gaylon Lawrence Jr. has upped his stake in CapStar Financial Holdings Inc. for the fourth time. The Arkansas businessman — who is known for investing in banks — now owns 1,034,573 shares, or a 9.2 percent stake, in the $1.4 billion Nashville-based lender, according to new filings with the U.S. Securities & Exchange Commission . Lawrence’s activist stake in CapStar (CSTR) comes as community lenders face increasing pressure to grow or consolidate.
The bank, based in Nashville, Tennessee, said it had a loss of 26 cents per share. Earnings, adjusted for non-recurring costs, came to 23 cents per share. The bank holding company posted revenue of $15.6 ...
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 ...