CapStar Financial (CSTR) Tops Q3 EPS by 7c

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Go back to CapStar Financial (CSTR) Tops Q3 EPS by 7c

CapStar Reports Third Quarter 2023 Results

October 26, 2023 5:36 PM EDT

NASHVILLE, Tenn., Oct. 26, 2023 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (CapStar) (NASDAQ: CSTR) today reported net income of $8.9 million or $0.43 per diluted share, for the quarter ended September 30, 2023, compared with net income of $7.8 million or $0.37 per diluted share, for the quarter ended June 30, 2023, and net income of $8.0 million or $0.37 per diluted share, for the quarter ended September 30, 2022. Annualized return on average assets and return on average equity for the quarter ended September 30, 2023 was 1.10% and 10.18%, respectively.

CapStars third quarter results demonstrate the hard work of our associates to mitigate the... More