CrossFirst Bankshares (CFB) Stock Price, News & Analysis

Company Overview

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 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.

Key Stats

• Today's Range: $16.94 to $17.23
• 50-Day Range: $15.47 to $17.91
• 52-Week Range: $10.64 to $19.22
• Volume: 137,965 shs
• Average Volume: 256,203 shs
• Market Capitalization: $849.61 million
• P/E Ratio: 11.72
• Dividend Yield: N/A
• Price Target: $18.50
• Consensus Rating: Buy

CrossFirst Bankshares Stock Analysis - MarketRank™

CrossFirst Bankshares scored higher than 63% of companies evaluated by MarketBeat, and ranked 509th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

CrossFirst Bankshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

CrossFirst Bankshares has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.28%

Earnings Growth

Earnings for CrossFirst Bankshares are expected to grow by 8.28% in the coming year, from $1.57 to $1.70 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CrossFirst Bankshares is 11.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of CrossFirst Bankshares is 11.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.18.

Price to Book Value per Share Ratio

CrossFirst Bankshares has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.85% of the float of CrossFirst Bankshares has been sold short.

Short Interest Ratio / Days to Cover

CrossFirst Bankshares has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CrossFirst Bankshares has recently decreased by 13.20%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CrossFirst Bankshares does not currently pay a dividend.

Dividend Growth

CrossFirst Bankshares does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.85% of the float of CrossFirst Bankshares has been sold short.

Short Interest Ratio / Days to Cover

CrossFirst Bankshares has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CrossFirst Bankshares has recently decreased by 13.20%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.72

News Sentiment

CrossFirst Bankshares has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for CrossFirst Bankshares this week, compared to 2 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, CrossFirst Bankshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,000.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 9.30% of the stock of CrossFirst Bankshares is held by insiders.

Percentage Held by Institutions

56.29% of the stock of CrossFirst Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CFB Stock Analysis - Frequently Asked Questions

How have CFB shares performed this year?

CrossFirst Bankshares' stock was trading at $13.58 at the start of the year. Since then, CFB stock has increased by 26.9% and is now trading at $17.23.
View the best growth stocks for 2024 here.

How were CrossFirst Bankshares' earnings last quarter?

CrossFirst Bankshares, Inc. (NASDAQ:CFB) issued its quarterly earnings results on Tuesday, January, 23rd. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.36 by $0.03. The firm earned $122.29 million during the quarter, compared to the consensus estimate of $62.17 million. CrossFirst Bankshares had a net margin of 14.52% and a trailing twelve-month return on equity of 10.72%.

When did CrossFirst Bankshares IPO?

CrossFirst Bankshares (CFB) raised $114 million in an IPO on Thursday, August 15th 2019. The company issued 7,100,000 shares at $15.00-$17.00 per share. Keefe, Bruyette & Woods (A Stifel Company), RAYMOND JAMES and Stephens served as the underwriters for the IPO and Sandler O’Neill + Partners was co-manager.

Who are CrossFirst Bankshares' major shareholders?

Top institutional investors of CrossFirst Bankshares include State Street Corp (2.77%), Geode Capital Management LLC (2.19%), Banc Funds Co. LLC (1.96%) and Hotchkis & Wiley Capital Management LLC (0.97%). Insiders that own company stock include Lance Humphreys, George E Hansen III, Michael Kent Robinson, James W Kuykendall, Benjamin R Clouse, Michael John Daley, George Bruce and Mike Maddox.
View institutional ownership trends.

How do I buy shares of CrossFirst Bankshares?

Shares of CFB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CrossFirst Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CrossFirst Bankshares investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 1/23/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:CFB
• CUSIP: N/A
• CIK: 1458412
• Web: www.crossfirstbank.com
• Phone: 913-901-4516
• Fax: N/A
• Employees: 460
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $18.50
• High Stock Price Target: $21.00
• Low Stock Price Target: $16.00
• Potential Upside/Downside: +7.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.47
• Trailing P/E Ratio: 11.72
• Forward P/E Ratio: 10.97
• P/E Growth: N/A
• Net Income: $66.67 million
• Net Margins: 14.52%
• Pretax Margin: 18.37%
• Return on Equity: 10.72%
• Return on Assets: 1.04%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 0.97
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $455.82 million
• Price / Sales: 1.86
• Cash Flow: $1.68 per share
• Price / Cash Flow: 10.24
• Book Value: $14.36 per share
• Price / Book: 1.20

Miscellaneous

• Outstanding Shares: 49,310,000
• Free Float: 44,862,000
• Market Cap: $849.61 million
• Optionable: Optionable
• Beta: 1.04