|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.37 - 21.88|
|52 Week Range||16.00 - 22.22|
|PE Ratio (TTM)||64.70|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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 ...
Categories: ETFs Yahoo Finance Click here to see latest analysis ETFs with exposure to Capstar Financial Holdings, Inc. Here are 5 ETFs with the largest exposure to CSTR-US. Comparing the performance and risk of Capstar Financial Holdings, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)
Categories: Yahoo Finance Get free summary analysis Capstar Financial Holdings, Inc. reports financial results for the year ended December 31, 2016. We analyze the earnings along side the following peers of Capstar Financial Holdings, Inc. – National Bank Holdings Corporation Class A, Northeast Bancorp and NBT Bancorp Inc. (NBHC-US, NBN-US and NBTB-US) that have also reported for this ... Read more (Read more...)
The Nashville, Tennessee-based bank said it had earnings of 23 cents per share. The bank holding company posted revenue of $15 million in the period. Its adjusted revenue was $13.1 million. For the year, ...