CrossFirst Bankshares (CFB) to Release Quarterly Earnings on Thursday

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CrossFirst Bankshares (NASDAQ:CFB) is set to issue its quarterly earnings data after the market closes on Thursday, April 22nd. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

CrossFirst Bankshares (NASDAQ:CFB) last announced its quarterly earnings results on Wednesday, January 27th. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.01). The firm had revenue of $44.49 million for the quarter, compared to analyst estimates of $44.11 million. CrossFirst Bankshares had a return on equity of 1.84% and a net margin of 1.73%. On average, analysts expect CrossFirst Bankshares to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NASDAQ CFB opened at $13.38 on Wednesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.02 and a quick ratio of 1.02. CrossFirst Bankshares has a 1-year low of $7.66 and a 1-year high of $15.67. The firm has a market capitalization of $691.49 million, a P/E ratio of 191.14 and a beta of 1.42. The business’s 50-day simple moving average is $14.21 and its 200-day simple moving average is $11.68.

Several research firms recently commented on CFB. Truist raised their price target on shares of CrossFirst Bankshares from $12.00 to $15.00 in a report on Monday, March 8th. Zacks Investment Research downgraded shares of CrossFirst Bankshares from a “buy” rating to a “hold” rating in a research note on Tuesday, February 9th. Finally, Raymond James upped their price target on shares of CrossFirst Bankshares from $13.00 to $14.00 and gave the stock an “outperform” rating in a research report on Friday, January 29th.

In other CrossFirst Bankshares news, CTO Jana Merfen bought 7,100 shares of the stock in a transaction dated Monday, March 22nd. The stock was bought at an average cost of $14.00 per share, for a total transaction of $99,400.00. Following the completion of the purchase, the chief technology officer now directly owns 7,100 shares of the company’s stock, valued at $99,400. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Vice Chairman George F. Jones, Jr. sold 20,000 shares of CrossFirst Bankshares stock in a transaction dated Thursday, April 1st. The stock was sold at an average price of $13.85, for a total value of $277,000.00. Following the sale, the insider now directly owns 46,897 shares in the company, valued at $649,523.45. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,000 shares of company stock valued at $331,245. 8.85% of the stock is owned by company insiders.

CrossFirst Bankshares Company Profile

CrossFirst Bankshares, Inc operates as the bank holding company for CrossFirst Bank that provides various banking and financial services to businesses, business owners, professionals, and its personal networks. The company offers commercial real estate, construction and development, 1-4 family real estate, commercial, energy, and consumer loans.

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Earnings History for CrossFirst Bankshares (NASDAQ:CFB)

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