OverviewSuggest Edit

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 Ratings4.2

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Latest Updates

Employees (est.) (Dec 2019)2,756(+31%)
Revenue (FY, 2019)$166.1 M(+58%)
Share Price (Jun 2020)$18.1
Cybersecurity ratingBMore

Key People/Management at CenterState Bank Corp

Mark Thompson

Mark Thompson

President
Andy Beindorf

Andy Beindorf

EVP/Regional President
Dale Dreyer

Dale Dreyer

EVP/Regional President
Chris Kamienski

Chris Kamienski

EVP/Regional President
Stan Kryder

Stan Kryder

EVP/Regional President
Shaun Merriman

Shaun Merriman

EVP/Regional President
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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 $166.06 m in FY, 2019
USD

Revenue (Q1, 2020)

55.8m

Net income (Q1, 2020)

35.4m

Market capitalization (19-Jun-2020)

2.3b

Closing stock price (19-Jun-2020)

18.1

Cash (31-Mar-2020)

1.1b

EV

1.1b
CenterState Bank Corp's current market capitalization is $2.3 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

102.0m59.3m33.9m26.2m37.5m64.4m65.2m105.1m166.1m

Revenue growth, %

64%21%27%

Sales and marketing expense

2.8m2.6m2.5m2.7m2.3m3.1m3.9m6.2m7.5m

R&D expense

4.7m4.0m3.8m5.5m4.7m6.9m8.4m14.3m19.6m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

151.1m136.7m174.9m158.4m152.5m175.7m280.6m367.3m490.1m

Accounts Receivable

1.3b12.1m

Prepaid Expenses

18.5m16.9m13.1m22.0m30.9m64.0m31.2m40.2m

Inventories

Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

7.9m9.9m12.2m13.0m39.3m42.3m55.8m156.4m226.6m

Depreciation and Amortization

4.2m5.7m5.9m6.1m5.7m6.4m7.2m9.8m14.4m

Cash From Operating Activities

9.8m8.0m14.3m1.4m43.0m36.7m22.8m193.4m153.3m

Purchases of PP&E

(9.3m)(9.4m)(4.7m)(2.0m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(4.2m)(6.2m)1.3m5.0m7.7m4.6m7.3m10.4m1.1m2.1m5.7m9.1m19.0m28.9m(4.8m)10.9m26.3m16.6m31.8m53.9m35.6m67.8m105.8m44.6m99.8m155.5m35.4m

Depreciation and Amortization

2.0m3.0m1.3m2.7m4.1m1.5m3.0m4.3m1.5m3.0m4.6m1.4m2.8m4.3m1.5m3.1m4.7m1.7m3.5m5.4m2.3m4.6m7.0m2.9m6.4m10.3m4.0m

Cash From Operating Activities

6.8m20.5m2.2m10.3m13.3m7.8m15.2m16.5m(4.4m)(3.7m)4.2m11.2m22.8m42.8m929.0k25.5m42.1m32.0m42.6m66.2m56.5m111.8m153.6m42.4m60.8m112.2m18.0m

Purchases of PP&E

(4.3m)(6.4m)(2.6m)(8.0m)(7.7m)(489.0k)(1.5m)(3.7m)3.5m
USDQ2, 2011

Financial Leverage

8.6 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

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CenterState Bank Corp Online and Social Media Presence

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CenterState Bank Corp Blogs

How to Attract the Wrong Customers to Your Business

As your company kicks off 2020, one critical factor to get right is to verify if you are targeting not the customers that you have now but the customers that you want for the future. Chances are, at least at some level, you are attracting the wrong customers that are not profitable, not engaged, not…

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…
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CenterState Bank Corp Frequently Asked Questions

  • When was CenterState Bank Corp founded?

    CenterState Bank Corp was founded in 2000.

  • Who are CenterState Bank Corp key executives?

    CenterState Bank Corp's key executives are Mark Thompson, Andy Beindorf and Dale Dreyer.

  • How many employees does CenterState Bank Corp have?

    CenterState Bank Corp has 2,756 employees.

  • What is CenterState Bank Corp revenue?

    Latest CenterState Bank Corp annual revenue is $166.1 m.

  • What is CenterState Bank Corp revenue per employee?

    Latest CenterState Bank Corp revenue per employee is $60.3 k.

  • Who are CenterState Bank Corp competitors?

    Competitors of CenterState Bank Corp include Westamerica, Lakeland Financial and Sandy Spring Bancorp.

  • 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.