Benzinga | Oct 22, 2020 04:56PM EDT

Recap: CapStar Financial Hldgs Q3 Earnings

Shares of CapStar Financial Hldgs (NASDAQ:CSTR) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 19.44% year over year to $0.43, which beat the estimate of $0.28.

Revenue of $34,460,000 higher by 43.92% year over year, which beat the estimate of $31,430,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

CapStar Financial Hldgs hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $17.48

52-week low: $7.44

Price action over last quarter: down 2.34%

Company Profile

CapStar Financial Holdings Inc is a bank holding company for CapStar Bank. The products and services offered by the bank include commercial and industrial loans to small and medium-sized businesses, commercial real estate loans, private banking and wealth management services, correspondent banking services, and various other retail and consumer products. The company's primary sources of revenue are derived from interest and dividends earned on loans, investment securities, and other financial instruments.