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.
CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc. (NASDAQ: CFB), has announced several key leadership changes to enhance its operational efficiency and client service. Effective July 2022, Amy Fauss has been promoted to Chief Human Resources Officer, and Amy Abrams has been appointed General Counsel. JC Pfeister steps in as Chief Operating Officer, while Jenny Payne becomes Chief Risk Officer. Additionally, new promotions include Mike Daley as Chief Accounting Officer and Meggin Nilssen as Chief of Staff. The bank is focused on expanding its footprint across the Midwest and Southwest, following recent acquisitions in Colorado and New Mexico.
CrossFirst Bankshares, Inc. (Nasdaq: CFB) reported its fourth quarter and full-year 2022 earnings on January 23, 2023. The financial results reflect the company’s operating performance, and the earnings report can be accessed via their investor relations page. A conference call to discuss these results is scheduled for January 24, 2023, at 10 a.m. CT. Investors can participate by phone or via a live internet broadcast. The company operates CrossFirst Bank across several states, providing various financial services to businesses and individuals.
CrossFirst Bankshares, Inc. (Nasdaq: CFB) announced a conference call on January 24, 2023, at 11:00 AM E.T. to discuss its fourth quarter and full-year 2022 financial results. These results will be released after market close on January 23, 2023. Investors can join via telephone at (833) 630-1956 or +1 (412) 317-1837 for international callers. The event will also be available for streaming online. A replay can be accessed two hours post-call at (877) 344-7529 with the access code 6033374, and a webcast replay will be available for 90 days on the company’s website.
CrossFirst Bankshares Inc. (NASDAQ: CFB) has received regulatory approval from the Federal Deposit Insurance Corporation to acquire Central Bancorp, Inc.'s subsidiary, Farmers & Stockmens Bank. With this merger, CrossFirst aims to enhance its growth trajectory and broaden its regional outreach in Colorado and New Mexico. The merger is expected to finalize on November 22, 2022, pending usual closing conditions. The integration will allow both banks to continue operations under their respective names until the merger is fully completed in early 2023, ensuring clients face no immediate service changes.
CrossFirst Bankshares, Inc. (Nasdaq: CFB) reported its third quarter earnings for the period ending September 30, 2022. The results are set to be discussed in a conference call on October 18, 2022, at 10 a.m. CT. Investors can access the call via phone or through a live webcast. The company operates CrossFirst Bank, which has nine locations across Kansas, Missouri, Oklahoma, Texas, and Arizona. More details can be found on their investor relations page.
CrossFirst Bankshares, Inc. (NASDAQ: CFB) will host a conference call on October 18, 2022, at 11:00 AM E.T. to discuss its third quarter financial results. The results will be announced after the market closes on October 17, 2022. Interested parties can join the call by dialing (833) 630-1956 or accessing the live webcast via the provided link. A replay will be available shortly after the call ends and can be accessed for up to 90 days. CrossFirst operates nine banking locations across Kansas, Missouri, Oklahoma, Texas, and Arizona.
CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc. (NASDAQ: CFB), published its 2021 Impact Report, detailing its commitment to sustainable growth and positive community impact. CEO Mike Maddox emphasized the bank's ongoing adjustments to enhance business practices and resources. The report builds on the previous year, focusing on benchmarks related to ESG, diversity, inclusion, employee satisfaction, and philanthropy, showcasing the bank's efforts in making a difference in the lives of employees and shareholders.
CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc. (NASDAQ: CFB), announces the appointment of Jason Dudley as Market President in Frisco, Texas. With over 15 years in banking, Dudley is set to lead the financial operations and client relations in the region, enhancing the bank's commitment to exceptional service. Randy Rapp, President of CrossFirst Bank, highlights Dudley's experience and alignment with the bank's focus on recruiting top talent. CrossFirst Bank operates across several states, providing full-service banking to mid-sized businesses and individuals.
CrossFirst Bankshares, Inc. (Nasdaq: CFB) reported strong second quarter 2022 results with a net income of $15.5 million, translating to $0.31 per diluted share. Year-to-date net income reached $32.4 million.
Key highlights include a 6% increase in operating revenue and 4% loan growth. The company also announced its acquisition of Central Bancorp, enhancing its asset base to $5.7 billion. Credit quality improved, with a lower non-performing assets ratio of 0.54%.
CrossFirst Bankshares, Inc. (NASDAQ: CFB) will host a conference call on July 19, 2022, at 11:00 AM ET to discuss its second quarter financial results, which will be released after market close on July 18, 2022. For access, dial (877) 270-2148 or join online via the provided link. A replay of the call will be available two hours post-event, and a webcast will be accessible for 90 days on the company's website. CrossFirst operates across Kansas, Missouri, Oklahoma, Texas, and Arizona, offering a range of financial services.
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