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CrossFirst Bankshares, Inc. - CFB STOCK NEWS

Welcome to our dedicated page for CrossFirst Bankshares news (Ticker: CFB), a resource for investors and traders seeking the latest updates and insights on CrossFirst Bankshares stock.

CrossFirst Bankshares, Inc. (Nasdaq: CFB) is a Kansas corporation and a registered bank holding company for its wholly owned subsidiary, CrossFirst Bank. Headquartered in Leawood, Kansas, CrossFirst Bank offers a comprehensive range of banking and financial services to businesses, business owners, professionals, and families across Kansas, Missouri, Oklahoma, Texas, Arizona, Colorado, and New Mexico. With a robust portfolio of products including checking and savings accounts, personal and business loans, international banking, and treasury services, CrossFirst Bank is designed to meet the diverse financial needs of its clients.

CrossFirst Bankshares is renowned for its team of highly experienced banking professionals dedicated to providing extraordinary service. Their commitment to customer satisfaction is reflected in their comprehensive suite of services tailored to meet the unique needs of business owners, professionals, and their families. The bank generates revenue through interest income and fees on loans, alongside interest from its marketable securities portfolio.

In terms of recent achievements, CrossFirst Bankshares has reported robust financial performance across several quarters. The company’s second quarter earnings release is available here, and the third quarter earnings release can be accessed here. For those interested, the fourth quarter and full-year results for 2023 are detailed here, and the first quarter results for 2024 can be found here.

CrossFirst Bankshares frequently keeps its stakeholders updated with periodic conference calls. The next such event is scheduled on April 16, 2024 at 10 a.m. CT / 11 a.m. ET to review the first quarter results. To join the conference call, dial (844) 481-2831 or, for international callers, +1 (412) 317-1851. The event will also be streamed live over the internet, accessible through this link. For those who cannot attend, replays will be available for 90 days on the company’s website.

CrossFirst Bank’s strategic initiatives and relentless focus on enhancing customer value have positioned it as a key player in the financial services sector. As it continues to expand its footprint, stakeholders can expect consistent updates on performance and developments.

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CrossFirst Bankshares, Inc. (Nasdaq: CFB), the bank holding company for CrossFirst Bank, has released its operating results for the third quarter ended September 30, 2024. The company has made the detailed earnings report available on their investor relations website. Interested parties can access the full third quarter earnings release at the provided link: https://investors.crossfirstbankshares.com/financials/quarterly-reports. For further information or inquiries, investors are directed to contact Mike Daley, the investor relations representative, at 913.754.9707 or via email at mike.daley@crossfirstbank.com.

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First Busey and CrossFirst Bankshares, Inc. have announced a merger valued at approximately $916.8 million. The all-stock transaction will create a combined company with $20 billion in total assets, operating under the Busey brand. The merger extends Busey's market presence to Arizona, Colorado, Kansas, New Mexico, Oklahoma, and Texas.

Key highlights:

  • Combined company will have $17 billion in total deposits and $13 billion in wealth management assets
  • Expected to result in 20% earnings per share accretion for Busey in 2026
  • Headquarters will move to Leawood, Kansas
  • Van Dukeman will serve as Executive Chairman and CEO, with Mike Maddox as President and Executive Vice Chairman
  • The merger is expected to close in Q1 or Q2 of 2025, subject to shareholder and regulatory approvals
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CrossFirst Bankshares, Inc. (Nasdaq: CFB), the parent company of CrossFirst Bank, has released its operating results for the second quarter of 2024, ending June 30. The company has scheduled a conference call for July 16, 2024, at 10 a.m. CT / 11 a.m. ET to discuss the Q2 results and potential company developments. Investors and interested parties can access the detailed earnings report through the company's investor relations website. This quarterly report likely contains important financial metrics such as revenue, earnings per share (EPS), and guidance, which are essential for understanding the bank's performance and future outlook.

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CrossFirst Bankshares (Nasdaq: CFB) announced it will hold a conference call to review its second quarter 2024 financial results on July 16, 2024, at 11:00 AM ET. The call will be hosted by the management team and may cover recent company developments.

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CrossFirst Bankshares, the parent company of CrossFirst Bank, has been named to the 2024 KBW Bank Honor Roll by Keefe, Bruyette & Woods. This recognition places CrossFirst among the top 5% of eligible banks in the country, attributed to its long-term performance and consistent increases in earnings per share over the last decade. To qualify, banks must be publicly traded with over $500 million in total assets. CEO Mike Maddox emphasized that this accolade reflects the company's strength, stability, and commitment to client and community service. Additionally, CrossFirst has been listed in Newsweek's 2024 top 250 Best Regional Banks and recognized by Gallup for the second consecutive year with the Don Clifton Strengths Based Culture Award.

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CrossFirst Bankshares, Inc. (CFB) reported its first-quarter 2024 results, showcasing its performance as the bank holding company for CrossFirst Bank. The company will host a conference call to discuss these results on April 16, 2024. Investors can access the call via telephone or live webcast.
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CrossFirst Bankshares, Inc. to host a conference call to review first quarter 2024 financial results on April 16, 2024. The call may cover company developments.
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CrossFirst Bankshares, Inc. (Nasdaq: CFB) reported operating results for the fourth quarter and full-year ended December 31, 2023. The company will host a conference call to review the results on January 23, 2024. The earnings release and conference call details can be found on the company's website. International callers can access the call via telephone or internet. A replay of the call and webcast will also be available for 90 days.
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CrossFirst Bankshares, Inc. (Nasdaq: CFB) announced the sale of approximately $80 million of available-for-sale municipal securities, resulting in an after-tax loss of approximately $0.8 million. The proceeds will be deployed into higher-yielding agency mortgage-backed products and used to pay off existing wholesale borrowings. The company expects the transaction to contribute additional diluted earnings per share accretion of $0.02 in 2024, representing less than a 1-year earn-back. The loss on the sale of securities is expected to have a neutral impact on consolidated shareholders’ equity and the company’s book value per share. This action also accelerates the company’s goal of reducing its municipal securities concentration while improving liquidity, lowering risk-weighted assets, and generating an immediate improvement in regulatory capital ratios.
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CrossFirst Bankshares, Inc. (Nasdaq: CFB) to Host Conference Call to Review Q4 and Full-Year 2023 Financial Results
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FAQ

What is the current stock price of CrossFirst Bankshares (CFB)?

The current stock price of CrossFirst Bankshares (CFB) is $17.23 as of November 20, 2024.

What is the market cap of CrossFirst Bankshares (CFB)?

The market cap of CrossFirst Bankshares (CFB) is approximately 842.1M.

What services does CrossFirst Bankshares, Inc. provide?

CrossFirst Bankshares offers a range of financial services including checking and savings accounts, personal and business loans, international banking, and treasury services.

Where is CrossFirst Bank headquartered?

CrossFirst Bank is headquartered in Leawood, Kansas.

What areas does CrossFirst Bank serve?

CrossFirst Bank serves regions including Kansas, Missouri, Oklahoma, Texas, Arizona, Colorado, and New Mexico.

How does CrossFirst Bankshares generate revenue?

The company generates revenue from interest income and fees on loans, as well as interest earned from its marketable securities portfolio.

Who can benefit from CrossFirst Bank’s services?

Business owners, professionals, and families can benefit from the variety of financial services offered by CrossFirst Bank.

How can I access CrossFirst Bankshares' earnings reports?

Earnings reports can be accessed on the company’s investor relations website at https://investors.crossfirstbankshares.com/financials/quarterly-reports.

When is the next CrossFirst Bankshares conference call?

The next conference call is scheduled for April 16, 2024, at 10 a.m. CT / 11 a.m. ET.

How can I join the upcoming conference call?

You can join by dialing (844) 481-2831 or +1 (412) 317-1851 for international callers. It will also be live-streamed via a link available on their website.

What makes CrossFirst Bank unique?

CrossFirst Bank is known for its highly experienced banking professionals dedicated to exceptional service and meeting the diverse financial needs of their clients.

Where can I find replays of past conference calls?

Replays of past conference calls are available for 90 days on the company’s website.

CrossFirst Bankshares, Inc.

Nasdaq:CFB

CFB Rankings

CFB Stock Data

842.06M
42.84M
12.93%
61.57%
0.71%
Banks - Regional
State Commercial Banks
Link
United States of America
LEAWOOD