CrossFirst Bankshares Q1 2023 Earnings Report

CrossFirst Bankshares EPS Results

• Actual EPS: $0.35
• Consensus EPS: $0.31
• Beat/Miss: Beat by +$0.04
• One Year Ago EPS: $0.33

CrossFirst Bankshares Revenue Results

• Actual Revenue: $101.96 million
• Expected Revenue: $60.17 million
• Beat/Miss: Beat by +$41.79 million
• YoY Revenue Growth: N/A

CrossFirst Bankshares Announcement Details

• Quarter: Q1 2023
• Date: 4/18/2023
• Time: After Market Closes

CrossFirst Bankshares (NASDAQ:CFB) 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 and industrial loans, including enterprise value lending; commercial real estate loans; construction and development loans, such as home builder lending; residential real estate, multifamily real estate, energy, SBA, and consumer loans; and credit cards. It also provides deposit banking products, including personal and business checking and savings accounts; treasury management services; money market accounts; certificates of deposits; negotiable order of withdrawal accounts; automated teller machine access; and mobile banking and international banking services, as well as non-interest-bearing demand deposits and interest-bearing deposits, including transaction accounts. In addition, the company acquires brokered deposits, internet subscription certificates of deposit, and reciprocal deposits. Further, it holds investments in marketable securities. The company serves its clients though branch network, as well as digital banking products. It has full-service banking offices in Kansas, Missouri, Oklahoma, Texas, Arizona, Colorado, and New Mexico. CrossFirst Bankshares, Inc. was founded in 2007 and is headquartered in Leawood, Kansas.