CSTR - CapStar Financial GAAP EPS of $0.37 misses by $0.10 revenue of $28.82M misses by $2.95M

• CapStar Financial press release ( NASDAQ: CSTR ): Q3 GAAP EPS of $0.37 misses by $0.10 .
• Revenue of $28.82M (-16.8% Y/Y) misses by $2.95M .
• The company recorded a provision for loan losses of $0.9M during the quarter as a result of continued strong loan growth and other qualitative factors.
• The company’s third quarter effective income tax rate remained flat at 20 percent when compared to the prior quarter ended June 30, 2022.
• The company anticipates its effective tax rate for 2022 to be approximately 20 percent.

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