CenterState Banks Inc (NASDAQ:CSFL) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 27, 2016
Boasting a price of $17.58, CenterState Banks Inc (NASDAQ:CSFL) traded 0.63% higher on the day. With the last stock price close up 8.69% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. CenterState Banks Inc has recorded a 50-day average of $17.67 and a two hundred day average of $16.17. Volume of trade was up over the average, with 328,625 shares of CSFL changing hands over the typical 149,214
Zacks Investment Research has downgraded CenterState Banks Inc (NASDAQ:CSFL) to Hold in a statement released on Tuesday September 27, 2016.
With a total market value of $0, CenterState Banks Inc has price-earnings ratio of 26.40 with a one year low of $12.57 and a one year high of $18.27 .
A total of 4 equity analysts have released a ratings update on CSFL. One equity analyst rating the company a strong buy, two equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $17.13.
Brief Synopsis About CenterState Banks Inc (NASDAQ:CSFL)
CenterState Banks, Inc. (CSFL) is a bank holding company, which owns CenterState Bank of Florida, N.A. (CSB or the Bank) and a non-bank subsidiary, R4ALL, Inc. (R4ALL). The Company's basic services include demand interest-bearing and noninterest-bearing accounts, money market deposit accounts, time deposits, safe deposit services, cash management, direct deposits, notary services, money orders, night depository, travelers' checks, cashier's checks, domestic collections, savings bonds, bank drafts, automated teller services, drive-in tellers, and banking by mail and by Internet. In addition, the Company offers residential and commercial real estate loans, secured and unsecured commercial loans and consumer loans. The Company also provides automated teller machine (ATM) cards and offers Internet banking services to its customers. The Company also has a wealth management division that offers other financial products to its customers, including mutual funds, annuities and other products.
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