CapStar Financial Holdings (CSTR) Raises Quarterly Dividend 66.7% to $0.10; 1.9% Yield
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CapStar Reports First Quarter 2022 Results and Increase in Quarterly Dividend
April 21, 2022 10:22 PM EDTNASHVILLE, Tenn., April 21, 2022 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (CapStar) (NASDAQ: CSTR) today reported net income of $10.7 million or $0.48 per diluted share, for the quarter ended March 31, 2022, compared with net income of $12.5 million or $0.56 per diluted share, for the quarter ended December 31, 2021, and net income of $11.0 million or $0.50 per diluted share, for the quarter ended March 31, 2021. Annualized return on average assets and return on average equity for the quarter ended March 31, 2022 were 1.37 percent and 11.39 percent, respectively. The first quarter included a BOLI death benefit of $0.9 million, deferred loan origination... More
