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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, FL, US
Websitecenterstatebank.com
Employee Ratings4
Overall CultureA+

Recent NewsAll News

Latest Updates

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

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, FL, 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

A

90/100

SecurityScorecard logo

CenterState Bank Corp Online and Social Media Presence

Embed Graph

CenterState Bank Corp Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    85/100

  • Compensation

    B

    78/100

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CenterState Bank Corp Blogs

Financial Planning Tips for Marrying Someone with Kids

Marrying someone with kids can be complicated; so can financial planning. Here are some tips discussing what each partner is bringing to the marriage financially. Money Issues when Marrying Someone with Children How will your finances change? Before getting married, it is important to sit down with …

How to Make the Best of Your Financial Resolutions

After the year we just experienced, it’s OK if you haven’t made any 2021 New Year’s resolutions yet. However, don’t throw away your financial goals just because the calendar doesn’t read Jan. 1. Wondering how to make the best of budgeting or saving resolutions? Here are a few ways that may help: Kee…

Beware of Fraudulent Callers Posing as SouthState Bank

How the Scam Works A customer receives a call from a fraudster claiming to be from the South State Bank’s “Fraud Department”. The fraudster “spoofs” the phone number to make it look like it is coming from South State Bank, N.A. Customer Care phone Number, 1-800-277-2175. The purpose for the call is …

Easy Ways to Check Your Balance

At some point during a busy day, everyone needs a secure, convenient way to check their account balance. Below are four easy methods that allow you to keep a close eye on your funds. Keep in mind that the balance you see might not reflect pending charges or deposits that haven’t yet cleared. 1. Text…

CenterState Contributes $500,000 in COVID-19 Relief to Charities

Atlanta Receives $60,000 in Donations to Assist with Local Pandemic Recovery ATLANTA – December 17, 2020 –  CenterState Bank today announced it has donated $500,000 in COVID-19 relief funds to non-profit agencies across the Southeast. Of those funds, $60,000 will benefit 10 charities located in the …

Cybersecurity Awareness: Steps to Take if You Experience Fraud

Each day, people click or swipe to make an online purchase, register for a webinar, submit a loan application or post on social media. All the while, fraudsters are trying to steal their personal and financial data and use it without their knowledge. So, what should do you if you fall victim to a cy…
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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 Federal Reserve Bank of Philadelphia, Citi and Westamerica.

  • 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.