CapStar Ranked Among Nation’s Highest Performing Banks

Rhea-AI Summary

CapStar Financial Holdings (CSTR) has been recognized as one of the top-performing banks in the nation by S&P Global Market Intelligence, ranking #18 among community banks with assets between $3 billion and $10 billion for 2021. The bank is the highest-ranking institution in Tennessee. Additionally, Hovde Group included CapStar in its Class of 2022 High Performers, acknowledging its profitability and asset quality among banks with market capitalizations under $1 billion. This recognition highlights CapStar's commitment to delivering personalized banking experiences.

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• Ranked #18 nationwide by S&P Global Market Intelligence for 2021 among banks with $3 billion to $10 billion in assets.
• Second highest-ranked bank in the Southeast and highest in Tennessee.
• Included in Hovde Group's Class of 2022 High Performers for profitability and growth.
• Recognition as one of only 35 small-cap banks and thrifts in the Piper Sandler Sm-All Stars Class of 2021.

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NASHVILLE, Tenn., March 25, 2022 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”, the “Company”) (NASDAQ: CSTR), the parent company of CapStar Bank, was recently recognized by two leading industry observers as one of the nation’s highest-performing banks.

Launched more than a decade ago to assess the performance of community banks and credit unions, S&P Global Market Intelligence ranked CapStar #18 among banks nationwide with assets between $3 billion and $10 billion for 2021 based on returns, growth, and efficiency, with a premium placed on the strength and risk profile of balance sheets. CapStar was the second highest ranked Southeast institution and Tennessee’s highest-ranking institution.

Hovde Group, a boutique investment bank focused exclusively on the financial services sector, included CapStar among 30 institutions selected as Hovde’s High Performers – The Class of 2022. These high performers were determined based on an analysis of the profitability, growth, asset quality, FTE productivity, and average daily trading volume of all institutions nationwide whose market capitalizations were less than $1 billion. CapStar was among five banks from the Southeast and the only Tennessee-based institution.

“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. “Our Company’s results are a reflection of our outstanding employees and dedicated customers. Our employees strive each day to deliver a differentiated and more personalized banking experience. This recognition is evidence we are executing our plan and making a difference across our communities.”

This acknowledgement follows CapStar’s recent recognition as one of an elite group of only 35 small-cap banks and thrifts in the country named to the prestigious 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 ranking did CapStar Financial Holdings receive from S&P Global Market Intelligence?

CapStar Financial Holdings was ranked #18 among community banks with assets between $3 billion and $10 billion for 2021.

How did Hovde Group recognize CapStar Financial Holdings?

Hovde Group included CapStar in its Class of 2022 High Performers, recognizing its profitability and asset quality.

What assets and loans does CapStar Financial Holdings report?

As of December 31, 2021, CapStar reported total assets of $3.1 billion and total loans of $2.0 billion.

What is the significance of the Piper Sandler Sm-All Stars Class of 2021 for CapStar?

CapStar was recognized as one of only 35 small-cap banks and thrifts in the Piper Sandler Sm-All Stars Class of 2021.