CapStar Awarded Prestigious Raymond James Community Bankers Cup

Rhea-AI Summary

CapStar Financial Holdings, Inc. (CSTR), parent of CapStar Bank, was awarded the Raymond James Bankers Cup, ranking in the top 10% of community banks in 2021. Out of 229 qualifying banks, CapStar is one of only 23 winners and the only Tennessee bank to earn this honor. Additionally, CapStar was ranked #18 among large community banks by S&P Global and recognized by Hovde Group and Piper Sandler for its exceptional performance. As of December 31, 2021, CapStar reported total assets of $3.1 billion, loans of $2.0 billion, and deposits of $2.7 billion.

Positive

• Awarded the Raymond James Bankers Cup, ranking in the top 10% of community banks.
• Only Tennessee bank recognized with the Bankers Cup among 23 winners nationally.
• Ranked #18 among large community banks by S&P Global Market Intelligence.
• Selected as one of Hovde Group's High Performers and named to Piper Sandler's Sm-All Stars list.

Negative

• None.

NASHVILLE, Tenn., April 06, 2022 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”, the “Company”) (NASDAQ: CSTR), the parent company of CapStar Bank, was recently awarded the prestigious Raymond James Bankers Cup, ranking in the top 10% of community banks in the nation in 2021.

This is the tenth year that Raymond James Financial Inc. has presented the Bankers Cup, an award that evaluates various profitability, operational efficiency, and balance sheet metrics for every exchange-traded bank in America with assets between $500 million and $10 billion. Of the 229 qualifying banks nationwide, 23 were named winners. CapStar is one of three Southeast banks and the only Tennessee based institution awarded a Bankers Cup.

“To be ranked in the top 10% of community banks across the country and the only bank in Tennessee to receive this award is a tremendous honor,” said Timothy K. Schools, President and Chief Executive Officer of CapStar. “This achievement, among several other recent accolades, is a tribute to the dedication of our outstanding employees and loyal customers. We believe our success is built upon our model of delivering a differentiated and personalized banking experience that puts our customers’ needs first and strives to make a difference across the communities we serve.”

This award follows CapStar’s recent ranking as #18 among large community banks nationwide by S&P Global Market Intelligence, as one of 30 institutions in the U.S. selected by boutique investment bank Hovde Group as Hovde’s High Performers – The Class of 2022, and as one of an elite group of only 35 small-cap banks and thrifts in the country named to the Piper Sandler Bank & Thrift Sm-All Stars Class of 2021.

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, 2021, on a consolidated basis, CapStar had total assets of $3.1 billion, total loans of $2.0 billion, total deposits of $2.7 billion, and shareholders’ equity of $380.1 million. Visit www.capstarbank.com for more information.

For more information, contact:
Nicole Gibbs
(423) 457-4579

FAQ

What is the significance of the Raymond James Bankers Cup for CSTR?

The Raymond James Bankers Cup ranks CapStar Financial Holdings among the top 10% of community banks nationwide, enhancing its reputation in the banking sector.

How many banks were evaluated for the Bankers Cup award?

A total of 229 qualifying banks were evaluated for the Raymond James Bankers Cup award.

What were CapStar's total assets as of December 31, 2021?

CapStar Financial Holdings reported total assets of $3.1 billion as of December 31, 2021.

How did CapStar rank among large community banks according to S&P Global?

CapStar was ranked #18 among large community banks by S&P Global Market Intelligence.