CrossFirst Bankshares, Inc. Named to 2024 KBW Bank Honor Roll

Rhea-AI Summary

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.

Positive

• Named to the prestigious 2024 KBW Bank Honor Roll.
• Ranked among the top 5% of eligible banks in the U.S. based on long-term performance.
• Consistent increases in earnings per share over the last decade.
• Listed in Newsweek's 2024 top 250 Best Regional Banks.
• Received the 2024 Don Clifton Strengths Based Culture Award from Gallup for the second consecutive year.

Negative

• No major financial data such as revenue or profit figures were disclosed in the PR.
• The recognition, while prestigious, may not directly translate to immediate financial gains.

LEAWOOD Kan., May 16, 2024 (GLOBE NEWSWIRE) -- CrossFirst Bankshares, Inc. (Nasdaq: CFB), the parent company of CrossFirst Bank, has been named to the coveted 2024 KBW Bank Honor Roll by Keefe, Bruyette & Woods, Inc., a leading investment bank specializing in the financial services industry.

CrossFirst was named among this year’s 18 honorees, in part based on its long-term performance being among the top 5% of eligible banks in the country. To be considered for this recognition, banks must be publicly traded institutions with more than $500 million in total assets and have consistently reported increases in earnings per share over the last decade. 

“Receiving this recognition is a great honor, and it’s a welcome confirmation that our focus on building trusted relationships and serving in extraordinary ways has led to our continuing success,” states Mike Maddox, CEO of CrossFirst. “Our consistent growth in earnings, especially during some challenging environments, is a testament to our experienced team of bankers and their commitment to meeting the needs of our clients and our communities. It also demonstrates the strength, stability, and trust we bring to our clients and communities.”

CrossFirst was also named in Newsweek's 2024 list of the top 250 Best Regional Banks and was recently recognized by Gallup, for the second year in a row, as a 2024 Don Clifton Strengths Based Culture Award recipient, which recognizes organizations that drive performance by helping employees focus on what they do best, maximize potential within teams, and integrate Strengths-based development into its mission, vision, and values. 

ABOUT CROSSFIRST BANKSHARES, INC.
CrossFirst Bankshares, Inc. (Nasdaq: CFB) is a Kansas corporation and a registered bank holding company for its wholly owned subsidiary, CrossFirst Bank. CrossFirst Bank is a full-service financial institution that offers products and services to businesses, professionals, individuals, and families. CrossFirst Bank, headquartered in Leawood, Kansas, has locations in Kansas, Missouri, Oklahoma, Texas, Arizona, Colorado, and New Mexico.

Media Contact:
Meggin Nilssen | CrossFirst Bank
913-302-1915 | meggin.nilssen@crossfirstbank.com   

Investor Contact:
Mike Daley | CrossFirst Bankshares, Inc.
913-754-9707 | mike.daley@crossfirstbank.com

FAQ

What is CrossFirst Bankshares' stock symbol?

CrossFirst Bankshares' stock symbol is CFB.

What recent recognition did CrossFirst Bankshares receive?

CrossFirst Bankshares was named to the 2024 KBW Bank Honor Roll.

What criteria were used for the 2024 KBW Bank Honor Roll?

Banks must be publicly traded, have over $500 million in total assets, and report consistent earnings per share increases over the last decade.

What other accolades has CrossFirst Bankshares received in 2024?

CrossFirst was listed in Newsweek's 2024 top 250 Best Regional Banks and received Gallup's Don Clifton Strengths Based Culture Award.

Who is the CEO of CrossFirst Bankshares?

The CEO of CrossFirst Bankshares is Mike Maddox.