STOCK TITAN

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.

Overview

CrossFirst Bankshares, Inc. (CFB) is a robust bank holding company providing full-service, relationship-based banking dedicated to businesses, professionals, and families. As a trusted name in commercial banking, relationship-based banking, and financial services, the firm has built its reputation on the expertise of its seasoned banking professionals and a deep commitment to personalized service. The company serves as the parent entity for CrossFirst Bank, an institution that has earned trust for its community-focused approach and an unwavering commitment to exceptional client service.

Core Business Areas

At its core, CrossFirst Bankshares delivers a range of financial solutions designed to meet the nuanced needs of its clients. Its service portfolio includes traditional deposit and loan products, comprehensive wealth management solutions, and specialized commercial banking services. The emphasis is on providing tailored, relationship-based services that foster long-term trust between the bank and its customers. The company’s focus on these varied areas underlines its role as a full-service financial institution capable of adapting to diverse financial needs.

Market Position and Operations

Operating within a competitive landscape, CrossFirst Bankshares has strategically positioned itself as a dependable local financial partner. The company leverages its experienced team and a relationship-driven business model to differentiate itself from larger, more impersonal financial institutions. Emphasizing localized knowledge and an expansive service network across several states, CrossFirst’s operations are built around sound financial practices and a commitment to community-focused banking. This localized approach and robust network underscore its significance in the broader banking sector.

Customer Focus and Service Philosophy

CrossFirst Bankshares is dedicated to empowering its client base through a personalized banking experience that prioritizes trust and tailored solutions. A customer’s journey with CrossFirst is marked by a high degree of personal interaction, where expert bankers work diligently to understand and meet individual financial needs. By cultivating long-term relationships, the organization enhances client satisfaction and loyalty, demonstrating how a service-oriented model in banking can drive value without resorting to impersonal metrics.

Integration of Technology and Expertise

The company also places a strong emphasis on the integration of technology with traditional banking practices. By combining state-of-the-art financial technology with the expert insights of seasoned professionals, CrossFirst Bankshares has carved out a niche that bridges the old and new. This integration not only enhances operational efficiency but also ensures that clients benefit from secure, innovative, and user-friendly financial solutions. The bank’s commitment to continually updating its technological infrastructure supports its role in providing safe, reliable, and accessible banking services.

Commitment to Trust and Community

Trust and community values form the bedrock of CrossFirst Bankshares’ identity. The bank illustrates a deep commitment to meeting the financial needs of its customers by maintaining an experienced team that emphasizes personalized service. This approach has led to the cultivation of lasting relationships built on mutual trust and mutual success. At its heart, the institution views each client interaction as an opportunity to reinforce its core values, ensuring that every service rendered is aligned with community-based practices and responsible banking principles.

Competitive Landscape and Strategic Differentiators

In a highly competitive banking industry, CrossFirst Bankshares differentiates itself through its unwavering commitment to relationship-based banking. Unlike larger, multifaceted banks that may struggle with personalization, CrossFirst’s model is centered around attuned service, local expertise, and efficient use of technology. The bank’s competitive edge lies in the quality of its team, the strategic breadth of its service offerings, and its regional presence which assures customers of a more accessible and understanding financial partner. These elements collectively ensure that the institution remains a reliable choice for those seeking both personalized and professional banking solutions.

Operational Excellence and Financial Solutions

The operational philosophy at CrossFirst Bankshares is anchored in delivering consistent, high-quality banking experiences. The bank’s rigorous adherence to best practices in risk management, customer service, and financial technology has established it as a trusted conduit for wealth creation and financial stability. Its holistic approach to financial solutions supports small to mid-sized businesses, individual clients, and professional services, ensuring that the array of products offered addresses both everyday financial needs and long-term fiscal planning. This operational excellence enables the institution to sustain a diversified business model that adapts to the evolving demands of the regional economies it serves.

Expertise and Industry Credibility

Drawing from a well of extensive experience, CrossFirst Bankshares embodies the principles of expertise and authoritativeness in the financial sector. Its leadership comprises industry veterans whose focus on safeguarding client interests through personalized service has garnered wide-ranging recognition. The confluence of seasoned expertise, a deep understanding of regional market dynamics, and progressive technological adoption makes CrossFirst Bankshares a model example of how traditional banking principles and modern innovation can coexist to provide exceptional financial services.

Conclusion

In summary, CrossFirst Bankshares, Inc. is much more than a traditional bank holding company; it is a dynamic financial institution that exemplifies the values of relationship-based service, community engagement, and technological advancement. By consistently delivering careful, client-centered banking, the institution fosters a level of trust that underpins its long-standing reputation. Investors, analysts, and customers seeking an in-depth view of a company that bridges expertise with personalized service will find that CrossFirst Bankshares stands as a testament to effective, scalable, and customer-first banking strategies.

Across all areas of its operations, CrossFirst Bankshares remains steadfast in its commitment to upholding the highest standards of service, expertise, and corporate responsibility, making it a pivotal player in the regional and national banking landscape.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.96%
Tags
none
-
Rhea-AI Summary
CrossFirst Bankshares, Inc. (Nasdaq: CFB) to Host Conference Call to Review Q4 and Full-Year 2023 Financial Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.96%
Tags
conferences earnings
Rhea-AI Summary
CrossFirst Bankshares reports Q3 2023 operating results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.32%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
conferences earnings
-
Rhea-AI Summary
Superior Plus Corp. appoints Jennifer Grigsby to its Board of Directors, bringing valuable expertise in accounting and risk management. The Board now consists of ten directors, including three female directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.88%
Tags
management
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
conferences earnings
Rhea-AI Summary

CrossFirst Bankshares, Inc. (NASDAQ: CFB) announced a definitive merger agreement with Canyon Bancorporation, Inc., aiming to enhance its presence in Arizona. The transaction involves merging Canyon with CrossFirst and Canyon's bank, Canyon Community Bank, into CrossFirst Bank. Canyon Bank, as of March 31, 2023, reported total loans of $122 million and deposits of $169 million, operating from Tucson, Arizona. The merger, valued at an estimated $15.1 million, will provide Canyon Bank's clients access to a wider range of banking products. This strategic move is expected to assist CrossFirst in expanding its footprint in Arizona's second largest metropolitan area. The merger is subject to regulatory approvals and customary closing conditions, with expectations of completion in the second half of 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags

FAQ

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

The current stock price of Crossfirst Bankshares (CFB) is $15.99 as of March 3, 2025.

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

The market cap of Crossfirst Bankshares (CFB) is approximately 788.6M.

What is the core business of CrossFirst Bankshares, Inc.?

CrossFirst Bankshares is a bank holding company that provides full-service, relationship-based banking solutions, catering to businesses, professionals, and families.

How does CrossFirst Bankshares generate its revenue?

The company generates revenue through a combination of traditional deposit services, loan products, and wealth management solutions, leveraging its broad service portfolio.

What markets does CrossFirst Bankshares operate in?

The bank operates across multiple states in the region, serving a diverse client base in both urban and suburban markets with a focus on community-based banking.

How does CrossFirst Bankshares differentiate itself from competitors?

Its competitive edge lies in its personalized, relationship-based approach, experienced banking professionals, and the effective integration of modern technology with traditional banking services.

What role does technology play in CrossFirst Bankshares' operations?

Technology is central to its operational efficiency, facilitating secure transactions, streamlined customer interactions, and an enhanced user experience in banking services.

How does the company build trust with its customers?

Trust is built through personalized service, long-standing relationships, and a commitment to meeting the specific financial needs of its clients while practicing prudent risk management.

What are the strategic focuses of CrossFirst Bankshares?

The company emphasizes customer-centric banking, local market expertise, operational excellence, and the seamless integration of technology to offer comprehensive financial solutions.

How does CrossFirst Bankshares support business owners and professionals?

By offering tailored financial products, personalized advisory services, and a commitment to relationship banking, it provides the necessary tools to help business owners and professionals manage their financial goals effectively.
Crossfirst Bankshares, Inc.

Nasdaq:CFB

CFB Rankings

CFB Stock Data

788.64M
42.79M
13.03%
62.12%
0.58%
Banks - Regional
State Commercial Banks
Link
United States
LEAWOOD