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CenterState Bank Corporation operates as the holding company for CenterState Bank of Florida that provides various consumer and commercial banking services to individuals, businesses, and industries. The Company offers a variety of deposit and lending products. It also provides mutual funds, annuities, and other investment products. In addition, the Company sells fixed income securities, and provides hedging, loan brokerage, correspondent bank deposits, safe-keeping, bond accounting, asset/liability consulting, international wires, clearing and corporate checking account, and other correspondent banking related services.

TypePublic
Founded2000
HQWinter Haven, US
Websitecenterstatebank.com
Employee Ratings4

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Latest Updates

Employees (est.) (Dec 2017)952
Revenue (FY, 2018)$565.8 M(+79%)
Share Price (Mar 2019)$23.3 (-4%)

CenterState Bank Corp Office Locations

CenterState Bank Corp has an office in Winter Haven
Winter Haven, US (HQ)
1101 1st St S #202
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CenterState Bank Corp Financials and Metrics

CenterState Bank Corp Revenue

CenterState Bank Corp's revenue was reported to be $565.76 m in FY, 2018
USD

Revenue (FY, 2018)

565.8m

Gross profit (FY, 2018)

518.2m

Gross profit margin (FY, 2018), %

91.6%

Net income (FY, 2018)

156.4m

EBIT (FY, 2018)

413.1m

Market capitalization (22-Mar-2019)

2.2b

Closing stock price (22-Mar-2019)

23.3

Cash (31-Dec-2018)

367.3m
CenterState Bank Corp's current market capitalization is $2.2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

100.4m164.5m199.8m253.0m316.5m565.8m

Revenue growth, %

64%21%27%

Cost of goods sold

7.3m9.3m15.8m47.6m

Gross profit

192.5m243.7m300.7m518.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Revenue

34.6m35.5m39.5m43.9m48.6m52.2m48.2m58.1m64.3m63.3m65.6m81.7m126.2m133.2m

Cost of goods sold

1.8m1.8m2.0m2.3m2.4m2.8m3.7m8.1m10.1m

Gross profit

50.4m46.5m56.0m62.0m60.9m62.8m78.0m118.1m123.1m

Gross profit Margin, %

97%96%97%96%96%96%95%94%92%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

174.9m158.4m152.5m175.7m280.6m367.3m

Accounts Receivable

6.3m9.0m10.3m12.1m

Inventories

Goodwill

44.9m76.7m76.7m106.0m257.7m802.9m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Cash

106.8m220.3m516.0m210.6m256.3m155.1m228.4m362.0m284.1m198.9m279.5m319.7m402.6m393.0m

Goodwill

44.9m76.4m77.0m77.0m76.7m76.7m76.7m105.5m105.5m105.5m106.0m257.7m609.7m605.2m

Total Assets

2.3b3.0b3.9b3.6b3.9b3.9b3.9b5.0b5.0b5.0b5.3b6.8b10.3b10.5b

Accounts Payable

2.0b2.6b3.3b3.1b3.1b3.1b3.2b4.1b4.1b4.1b4.3b5.5b8.1b8.2b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

12.2m13.0m39.3m42.3m55.8m156.4m

Inventories

Accounts Payable

Cash From Operating Activities

38.1m1.4m43.0m36.7m22.8m193.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Net Income

3.1m1.1m1.0m3.6m9.1m9.9m28.9m(4.8m)10.9m26.3m16.6m35.6m67.8m

Accounts Payable

411.0k359.0k293.0k251.0k231.0k1.1m932.0k928.0k711.0k

Cash From Operating Activities

42.8m929.0k25.5m42.1m32.0m56.5m111.8m

Cash From Investing Activities

75.9m(12.5m)(116.9m)(149.5m)192.4m22.2m
USDY, 2018

Financial Leverage

6.3 x
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CenterState Bank Corp Operating Metrics

CenterState Bank Corp's Total Loans was reported to be $4.6b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

58 57 67

Non-performing Loans

$25.60 m$26.86 m$25.03 m$22.45 m$20.83 m$24.87 m$25.04 m$19.70 m$19 m$17.57 m$19.92 m

Total Loans

$2.43 b$2.46 b$2.53 b$2.56 b$2.59 b$3.15 b$3.19 b$3.29 b$3.43 b$3.52 b$4.65 b
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CenterState Bank Corp Online and Social Media Presence

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CenterState Bank Corp Blogs

Investment Strategy Statement | March 1, 2019

CenterState Wealth Management Investment Strategy Statement March 1, 2019 I. Equity Markets A. Rally in Common Stocks Continues Through February. The positive momentum in the stock market during January carried over to February. Federal Reserve Chairman Jerome Powell got the stock rally started by g…

Investment Strategy Statement | February 1, 2019

CenterState Wealth Management Investment Strategy Statement February 1, 2019 I. Equity Markets A. Recession Worries Fade, Stocks Prices Rise. Following a miserable fourth quarter of 2018 when the S&P 500 declined -19.6% from October 3 — the day Federal Reserve Chairman Jerome Powell said the cen…

Investment Strategy Statement | January 2, 2019

CenterState Wealth Management Investment Strategy Statement January 2, 2018 I. Equity Markets A.  Rough December Turns Stocks Negative on the Year. Growing concerns over a significant slowdown in the economy’s growth rate in 2019, possibly even turning into a recession, drove stock prices lower duri…

Investment Strategy Statement | December 3, 2018

CenterState Wealth Management Investment Strategy Statement December 3, 2018 I.  Equity Markets A. Federal Reserve Tries to Walk Back Chairman Powell’s October Comments. In last month’s ISS, we blamed growing fears over the Federal Reserve’s efforts to raise interest rates as the key reason for the …

Investment Strategy Statement | November 1, 2018

CenterState Wealth Management Investment Strategy Statement November 1, 2018 I.  Equity Markets A. Stocks Drop as Investors Increasingly Fear a Tighter Monetary Common stocks suffered through a sudden and sharp decline during October, with the S&P 500 and the DJIA giving back all of their 2018 g…

Investment Strategy Statement | October 1, 2018

CenterState Wealth Management Investment Strategy Statement October 1, 2018 I.  Equity Markets A.  Another Month, Another Tariff on Chinese Imports. With the 2Q 2018 earnings season winding down, the escalation of the trade conflict with China dominated investors’ attention last month. President Tru…
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CenterState Bank Corp Frequently Asked Questions

  • When was CenterState Bank Corp founded?

    CenterState Bank Corp was founded in 2000.

  • How many employees does CenterState Bank Corp have?

    CenterState Bank Corp has 952 employees.

  • What is CenterState Bank Corp revenue?

    Latest CenterState Bank Corp annual revenue is $565.8 m.

  • What is CenterState Bank Corp revenue per employee?

    Latest CenterState Bank Corp revenue per employee is $594.3 k.

  • Who are CenterState Bank Corp competitors?

    Competitors of CenterState Bank Corp include QNB Group, Camden National and Southside Bancshares.

  • Where is CenterState Bank Corp headquarters?

    CenterState Bank Corp headquarters is located at 1101 1st St S #202, Winter Haven.

  • Where are CenterState Bank Corp offices?

    CenterState Bank Corp has an office in Winter Haven.

  • How many offices does CenterState Bank Corp have?

    CenterState Bank Corp has 1 office.