NASHVILLE, Tenn., March 25, 2022 (GLOBE NEWSWIRE) — CapStar Monetary Holdings, Inc. (“CapStar”, the “Firm”) (NASDAQ: CSTR), the mother or father firm of CapStar Financial institution, was lately acknowledged by two main trade observers as one of many nation’s highest-performing banks.
Launched greater than a decade in the past to evaluate the efficiency of group banks and credit score unions, S&P International Market Intelligence ranked CapStar #18 amongst banks nationwide with property between $3 billion and $10 billion for 2021 primarily based on returns, progress, and effectivity, with a premium positioned on the energy and danger profile of stability sheets. CapStar was the second highest ranked Southeast establishment and Tennessee’s highest-ranking establishment.
Hovde Group, a boutique funding financial institution targeted solely on the monetary providers sector, included CapStar amongst 30 establishments chosen as Hovde’s Excessive Performers – The Class of 2022. These excessive performers had been decided primarily based on an evaluation of the profitability, progress, asset high quality, FTE productiveness, and common day by day buying and selling quantity of all establishments nationwide whose market capitalizations had been lower than $1 billion. CapStar was amongst 5 banks from the Southeast and the one Tennessee-based establishment.
“To be ranked among the many prime tier of group banks throughout the nation and the best inside Tennessee is an incredible honor,” stated Timothy Ok. Faculties, President and Chief Govt Officer of CapStar. “Our Firm’s outcomes are a mirrored image of our excellent staff and devoted prospects. Our staff attempt every day to ship a differentiated and extra personalised banking expertise. This recognition is proof we’re executing our plan and making a distinction throughout our communities.”
This acknowledgement follows CapStar’s current recognition as certainly one of an elite group of solely 35 small-cap banks and thrifts within the nation named to the celebrated Piper Sandler Financial institution & Thrift Sm-All Stars Class of 2021.
About CapStar Monetary Holdings, Inc.
CapStar Monetary Holdings, Inc. is a financial institution holding firm headquartered in Nashville, Tennessee and operates primarily by way of its wholly owned subsidiary, CapStar Financial institution, a Tennessee-chartered state financial institution. CapStar Financial institution is a business financial institution that seeks to ascertain and keep complete relationships with its purchasers by delivering personalized and inventive banking options and superior consumer service. As of December 31, 2021, on a consolidated foundation, CapStar had whole property of $3.1 billion, whole loans of $2.0 billion, whole deposits of $2.7 billion, and shareholders’ fairness of $380.1 million. Go to www.capstarbank.com for extra data.
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