CapStar Ranks 26th in Financial Performance Among Large Community Banks by S&P Global Market Intelligence
31 Março 2023 - 1:37PM
CapStar Financial Holdings, Inc. (“CapStar”, the “Company”)
(NASDAQ: CSTR), the parent company of CapStar Bank, was recently
ranked 26th in financial performance among all large community
banks with $3 to $10 billion in total assets by S&P Global
Market Intelligence. The national ranking positions CapStar as the
highest rated Tennessee-based bank and fourth highest ranked
institution in the Southeast relative to asset size.
Since 2011, S&P Global Market Intelligence, a division of
S&P Global and provider of information services and solutions
to the global market, has assessed the performance of banks and
credit unions nationwide. The division ranks institutions based on
returns, growth, and efficiency, and places a premium on the
strength and risk profile of balance sheets. On March 21, S&P
Global released its annual rankings for 2022’s highest-performing
community banks, credit unions and U.S. public banks.
“To be ranked among the top tier of community banks across the
country and the highest within Tennessee is a tremendous honor,”
said Timothy K. Schools, President and Chief Executive Officer of
CapStar. “This recognition further demonstrates the strength and
stability of our bank, and dedication of our outstanding employees
and loyal customers. We are proud to serve the Southeast as a
conservative and well-diversified company with a history of solid
performance and risk management. We believe our success is built
upon our balanced and disciplined approach to capital, liquidity,
and asset quality, in addition to our unwavering commitment to
deliver a differentiated service experience that puts our
customers’ needs first and strives to make an impact across the
communities we serve.”
About CapStar Financial Holdings, Inc.CapStar
Financial Holdings, Inc. is a bank holding company headquartered in
Nashville, Tennessee and operates primarily through its wholly
owned subsidiary, CapStar Bank, a Tennessee-chartered state bank.
CapStar Bank is a commercial bank that seeks to establish and
maintain comprehensive relationships with its clients by delivering
customized and creative banking solutions and superior client
service. As of December 31, 2022, on a consolidated basis, CapStar
had total assets of $3.1 billion, total loans of $2.3 billion,
total deposits of $2.7 billion, and shareholders’ equity of $354.2
million. Visit www.capstarbank.com for more information.
For more information, contact:Nicole Gibbs(423) 457-4579
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