CrossFirst Bankshares (CFB) Scheduled to Post Quarterly Earnings on Monday

CrossFirst Bankshares (NASDAQ:CFBGet Free Report) is set to issue its quarterly earnings data after the market closes on Monday, October 16th. Analysts expect the company to announce earnings of $0.33 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

CrossFirst Bankshares (NASDAQ:CFBGet Free Report) last released its quarterly earnings data on Tuesday, July 18th. The company reported $0.35 earnings per share for the quarter, meeting the consensus estimate of $0.35. CrossFirst Bankshares had a return on equity of 11.23% and a net margin of 16.55%. The company had revenue of $60.32 million for the quarter, compared to analyst estimates of $61.72 million. During the same period in the prior year, the company posted $0.31 EPS. On average, analysts expect CrossFirst Bankshares to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CrossFirst Bankshares Trading Up 0.7 %

CFB stock opened at $10.14 on Monday. CrossFirst Bankshares has a 1-year low of $9.29 and a 1-year high of $14.66. The firm has a market cap of $499.80 million, a P/E ratio of 8.11 and a beta of 1.01. The business’s 50 day moving average is $10.77 and its 200-day moving average is $10.59. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.43.

Wall Street Analysts Forecast Growth

Separately, Stephens upped their price objective on CrossFirst Bankshares from $12.00 to $13.00 in a research note on Wednesday, July 19th.

View Our Latest Research Report on CrossFirst Bankshares

Institutional Investors Weigh In On CrossFirst Bankshares

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC acquired a new stake in CrossFirst Bankshares during the 4th quarter valued at $199,000. Jane Street Group LLC acquired a new stake in CrossFirst Bankshares during the 3rd quarter valued at $173,000. Prudential Financial Inc. increased its stake in shares of CrossFirst Bankshares by 18.8% in the 1st quarter. Prudential Financial Inc. now owns 14,535 shares of the company’s stock valued at $152,000 after buying an additional 2,300 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of CrossFirst Bankshares in the 4th quarter valued at $144,000. Finally, Thrivent Financial for Lutherans acquired a new stake in shares of CrossFirst Bankshares in the 1st quarter valued at $133,000. 54.88% of the stock is owned by institutional investors and hedge funds.

CrossFirst Bankshares Company Profile

(Get Free Report)

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 land development, 1-4 family real estate, multifamily real estate, commercial and industrial, energy, and consumer loans.

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Earnings History for CrossFirst Bankshares (NASDAQ:CFB)

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