Park Sterling

At Park Sterling, our entire organization was built on a foundation that emphasizes listening, understanding, and personalizing our customers' banking experiences to provide both individuals and businesses with answers they can bank on. We're committed to understanding each client's particular needs and then building a solution around them. It's a culture that permeates our organization and a philosophy that extends well beyond traditional banking solutions to better serve the needs of the individuals, families, and businesses we serve throughout the Southeast.
Company Growth (employees)
Type
Public
HQ
Charlotte, US
Founded
2006
Size (employees)
544 (est)+11%
Park Sterling was founded in 2006 and is headquartered in Charlotte, US

Park Sterling Office Locations

Park Sterling has an office in Charlotte
Charlotte, US (HQ)
201 1043 E Morehead St

Park Sterling Data and Metrics

Park Sterling Financial Metrics

Park Sterling's revenue was reported to be $36.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

36.3 m

Gross profit (Q1, 2017)

32.5 m

Gross profit margin (Q1, 2017), %

90%

Net income (Q1, 2017)

7.5 m

EBIT (Q1, 2017)

26.4 m

Market capitalization (15-Sep-2017)

614 m

Cash (31-Mar-2017)

40.1 m
Park Sterling's current market capitalization is $614 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

78.8 m85.3 m89.3 m140.9 m

Revenue growth, %

8%5%58%

Cost of goods sold

6.4 m7.7 m7.9 m14.5 m

Gross profit

72.4 m77.6 m81.4 m126.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

25.2 m25.7 m26.7 m26.8 m27.4 m34.9 m35.1 m34.9 m36.3 m

Cost of goods sold

2.1 m1.9 m1.8 m1.8 m2.1 m3.6 m3.6 m3.6 m3.8 m

Gross profit

23.1 m23.9 m24.9 m24.9 m25.3 m31.3 m31.4 m31.3 m32.5 m

Gross profit Margin, %

92%93%93%93%92%90%90%90%90%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

13.1 m16.5 m53.8 m34.2 m

Accounts Receivable

4.2 m4.5 m5.1 m6.8 m

PP&E

55.9 m59.2 m55.7 m63.1 m

Goodwill

26.4 m29.2 m29.2 m63.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

21.1 m16.5 m17.4 m17 m16.1 m34 m33.3 m35.1 m40.1 m

Inventories

2.5 b

PP&E

59.4 m59.3 m58.8 m59 m56.9 m65.5 m65.7 m64.6 m62.4 m

Goodwill

29.8 m30 m29.2 m29.2 m29.2 m63.7 m63 m63.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

15.3 m12.9 m16.6 m19.9 m

Accounts Payable

(104 k)(1.6 m)

Cash From Operating Activities

32.8 m13.9 m

Purchases of PP&E

(54.8 m)(15 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

3.4 m2.5 m3.8 m4.3 m4.8 m2.7 m5.6 m6.3 m7.5 m

Accounts Receivable

4.5 m4.5 m4.7 m4.9 m5 m6.6 m6.8 m6 m6.4 m

Accounts Payable

391 k385 k370 k375 k406 k912 k568 k901 k912 k
USDY, 2017

Revenue/Employee

73.6 k

Financial Leverage

9.1 x
Show all financial metrics

Park Sterling Operating Metrics

Park Sterling's Total Loans Issued was reported to be $2.5 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-performing Loans

$8.9 m$8.25 m$12.94 m

Bank Branches

525655

Total Loans Issued

$1.57 b$1.61 b$1.65 b$1.69 b$1.73 b$2.27 b$2.32 b$2.36 b$2.4 b$2.46 b$2.5 b

Non-accrual Loans

$5.59 m$6.4 m$5.55 m$5.34 m$4.33 m$6.6 m$5.18 m$8.62 m$8.82 m$9.61 m$9.37 m
Show all operating metrics

Park Sterling Market Value History

Traffic Overview of Park Sterling

Park Sterling Company Life and Culture

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