CenterState Banks Inc (CSFL) is Downgraded by FIG Partners to Market Perform

CenterState Banks Inc (CSFL) was Downgraded by FIG Partners to ” Market Perform”. Earlier the firm had a rating of “Outperform ” on the company shares. FIG Partners advised their investors in a research report released on Apr 27, 2016.

Many Wall Street Analysts have commented on CenterState Banks Inc. CenterState Banks Inc was Upgraded by FIG Partners to ” Outperform” on Feb 8, 2016.

CenterState Banks Inc opened for trading at $16.01 and hit $16.21 on the upside on Friday, eventually ending the session at $16.1, with a gain of 0.50% or 0.08 points. The heightened volatility saw the trading volume jump to 76,982 shares. Company has a market cap of $735 M.

CenterState Banks Inc. (CSFL) is a bank holding company which owns CenterState Bank of Florida N.A. (CSB or the Bank) and a non-bank subsidiary R4ALL Inc. (R4ALL). The Company’s basic services include demand interest-bearing and noninterest-bearing accounts money market deposit accounts time deposits safe deposit services cash management direct deposits notary services money orders night depository travelers’ checks cashier’s checks domestic collections savings bonds bank drafts automated teller services drive-in tellers and banking by mail and by Internet. It also offers residential and commercial real estate loans secured and unsecured commercial loans and consumer loans. It also provides automated teller machine cards and offers Internet banking services. It also offers trust services and also has a wealth management division that offers other financial products including mutual funds annuities and other products.

CenterState Banks Inc

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