Cash Store Financial/the trades in the stock market as ticker CSFS. Business Summary & Profile For Cash Store Financial/the.

Cash Store Financial/the

The Cash Store Financial Services Inc. provides alternative financial products and services primarily in Canada and the United Kingdom. It acts as a broker to facilitate short-term advances and provide other financial services. The company provides various alternative financial products, including payday loans, signature loans, cheque cashing, title loans, prepaid Mastercards, money transfer services, prepaid phone cards, injury loans, payment protection plans, and various bank accounts. As of March 31, 2011, it owned and operated 579 branches under the Cash Store Financial and Instaloans names. The company was formerly known as Rentcash Inc. and changed its name to The Cash Store Financial Services Inc. in March 2008. The Cash Store Financial Services Inc. was founded in 2001 and is headquartered in Edmonton, Canada.
www.csfinancial.ca
2,300 Employees
Last Reported Date: 02/8/12
Founded in 2001
LAST $6.52 USD
CHANGE TODAY +0.0699 1.08%
VOLUME 8.7K
As of 8:04 PM 02/16/12 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of CASH STORE FINANCIAL/THE (CSFS)

OPEN
$6.51
PREVIOUS CLOSE
$6.45
DAY HIGH
$6.52
DAY LOW
$6.40
52 WEEK HIGH
05/2/11 - $16.05
52 WEEK LOW
01/4/12 - $5.74
MARKET CAP
113.6M
AVERAGE VOLUME 10 D
10.4K
EPS TTM
--
SHARES OUTSTANDING
17.4M
EX-DATE
02/16/12
P/E TTM
--
DIVIDEND
$0.48
DIVIDEND YIELD
7.39%
K = Thousands  M = Millions  B = Billions

related news

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Key developments for CASH STORE FINANCIAL/THE (CSFS)

The Cash Store Financial Services, Inc. Announces Executive Changes

Gordon J. Reykdal, chairman and chief executive officer of The Cash Store Financial Services Inc. announced the appointment of Kevin Paetz as president and chief operating officer of cash store financial's Canadian operations, effective March 1, 2012. Through the cash store financial and instaloans chains, cash store financial operates a network of 573 branches in over 200 Canadian communities. Mr. Paetz brings over 20 years of directly applicable experience in retail consumer finance. He has established a track record of building profitability through effective sales growth strategies, training initiatives, receivables management and acquisitions. He has deep experience managing large retail networks. Most recently, he spent seven years with Dollar Financial Group in several leadership positions including vice president Acquisitions, vice president of operations, United Kingdom; and vice president, field operations Canada. Mr. Paetz replaces Barret J. Reykdal who will assume responsibilities as president and chief operating officer of cash store financial's United Kingdom operations. This appointment is effective March 1, 2012. Mr. Reykdal played a critical role in the expansion of its Canadian network. His expertise in this regard will be applied to developing its operations in the United Kingdom, where the company now has 23 branches.

The Cash Store Financial Services, Inc. Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2011

The Cash Store Financial Services, Inc. reported consolidated earnings results for the first quarter ended December 31, 2011. For the quarter, the company reported revenue of CAD 45,848,000 against CAD 47,734,000 for the same period last year. The decrease is in revenue was primarily due to compression resulting from provincial rate caps and certain operational restrictions resulting from regulations that have negatively impacted loan volumes. Branch operating income was CAD 11,777,000 against CAD 13,815,000 for the same period last year. Income before income taxes was CAD 1,434,000 against CAD 5,038,000 for the same period last year. EBITDA was CAD 4,091,000 against CAD 7,500,000 for the same period last year. Net income and comprehensive income was CAD 989,000 or CAD 0.06 per diluted share against CAD 3,352,000 or CAD 0.19 per diluted share for the same period last year. Adjusted EBITDA was CAD 9.5 million, down from CAD 13.0 million for the same quarter last year. This decrease is primarily due to infrastructure investments of approximately CAD 1.5 million related to operational management additions, improved collections capacity, growth of the company's United Kingdom operations, development of its new line of credit product, and a drag on earnings from new branches of CAD 696,000.

The Cash Store Financial Services, Inc. Declares Quarterly Dividend, Payable on March 7, 2012

The Cash Store Financial Services, Inc. declared a quarterly dividend of CAD 0.12 per common share. The dividend is payable on March 7, 2012, to shareholders of record on February 21, 2012.

CSFS Competitors

Company Last Change
Advance America Cash Advance Centers Inc $10.44 USD +2.53
DFC Global Corp $18.82 USD +0.66
Ezcorp Inc $31.16 USD +0.79
QC Holdings Inc $3.67 USD +0.11
Market data is delayed at least 15 minutes.
 

Industry Analysis

Valuation CSFS Industry Range
Price/Earnings 17.4x
Price/Sales 0.6x
Price/Book 1.3x
Price/Cash Flow 7.3x
TEV/Sales 0.5x

CSFS

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CSFS transactions

Type
Date
Target
Buyback
January 9, 2012
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