NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Capstar Financial Holdings Inc. (CSTR) on Friday reported first-quarter profit of $6.4 million.
The Nashville, Tennessee-based bank said it had earnings of 30 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share.
The bank holding company posted revenue of $42.1 million in the period. Its revenue net of interest expense was $29.5 million, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $30.6 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSTR at https://www.zacks.com/ap/CSTR
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