Yahoo Finance CapStar Financial Holdings Full Year 2022 Earnings: EPS Misses Expectations
CapStar Financial Holdings (NASDAQ:CSTR) Full Year 2022 Results
Key Financial Results
Revenue: US$118.2m (down 13% from FY 2021).
Net income: US$39.0m (down 20% from FY 2021).
Profit margin: 33% (down from 36% in FY 2021). The decrease in margin was driven by lower revenue.
EPS: US$1.77 (down from US$2.20 in FY 2021).
CSTR Banking Performance Indicators
Net interest margin (NIM): 3.33% (up from 3.16% in FY 2021).
Cost-to-income ratio: 56.1% (up from 54.9% in FY 2021).
Non-performing loans: 0.46% (up from 0.17% in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CapStar Financial Holdings EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Banks industry in the US.
Performance of the American Banks industry.
The company's shares are down 4.6% from a week ago.
Risk Analysis
Be aware that CapStar Financial Holdings is showing 2 warning signs in our investment analysis and 1 of those is concerning...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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