CapStar Financial Holdings, Inc. Named to Piper Sandler Bank & Thrift Sm-All Stars Class of 2021

Rhea-AI Summary

CapStar Financial Holdings, Inc. (NASDAQ: CSTR) has been recognized in the Piper Sandler Bank & Thrift Sm-All Stars Class of 2021, standing out as one of only 35 small-cap banks in the U.S. This accolade highlights CapStar's exceptional performance in profitability, credit quality, capital strength, and growth metrics, surpassing industry averages. The company reported total assets of $3.2 billion and total loans of $1.9 billion as of June 30, 2021. CEO Tim Schools attributed this achievement to the dedication of the team during a challenging period.

Positive

• Named to Piper Sandler Sm-All Stars Class of 2021.
• Recognized among only 35 small-cap banks in the U.S.
• Surpassed industry medians in profitability and growth metrics.
• Reported total assets of $3.2 billion and total loans of $1.9 billion.

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• None.

NASHVILLE, Tenn., Sept. 29, 2021 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”, the “Company”) (NASDAQ: CSTR), the parent company of CapStar Bank, has been named to the prestigious Piper Sandler Bank & Thrift Sm-All Stars Class of 2021.

The award recognizes CapStar as one of an elite group of only 35 small-cap banks and thrifts in the country and is presented as a testament to Company’s top performance among peer financial institutions.

To earn Sm-All Star status, companies must have a market cap below $2.5 billion and clear numerous hurdles related to profitability, credit quality, capital strength, and growth, including outperforming industry medians in return on average equity and deposit, loan, and earnings per share growth.

“To be named among only 15 first-year Piper Sandler Sm-All Star award recipients across the country is a tremendous honor,” said Tim Schools, CapStar’s President and CEO. “Our Company’s progress is a reflection of the hard work and dedication of our team as they’ve worked tirelessly to execute our strategy during an unusually challenging year.”

Piper Sandler is an investment banking firm and broker-dealer focused on the financial services sector.

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 June 30, 2021, on a consolidated basis, CapStar had total assets of $3.2 billion, total loans of $1.9 billion, total deposits of $2.8 billion, and shareholders’ equity of $359.8 million. Visit www.capstarbank.com for more information.

For more information, contact:
Denis J. Duncan
Chief Financial Officer
(615) 732-7492

FAQ

What recognition did CapStar Financial Holdings receive in 2021?

CapStar Financial Holdings was named to the Piper Sandler Bank & Thrift Sm-All Stars Class of 2021.

How many small-cap banks were recognized in the Piper Sandler Sm-All Stars?

Only 35 small-cap banks were recognized in the Piper Sandler Sm-All Stars.

What financial metrics did CapStar outperform?

CapStar outperformed industry medians in return on average equity, deposit, loan, and earnings per share growth.

What was CapStar's total asset value as of June 30, 2021?

CapStar reported total assets of $3.2 billion as of June 30, 2021.

Who is the CEO of CapStar Financial Holdings?

Tim Schools is the CEO of CapStar Financial Holdings.