Brief: Crossfirst Bankshares Reports Q1 Earnings Per Share Of $0.07

Crossfirst Bankshares

23/04/2020 21:41

April 23 (Reuters) - Crossfirst Bankshares Inc  CFB.O :
    * CROSSFIRST BANKSHARES, INC. REPORTS FIRST QUARTER 2020
RESULTS
    * Q1 EARNINGS PER SHARE $0.07
    * Q1 EARNINGS PER SHARE ESTIMATE $0.17 -- REFINITIV IBES
DATA
    * DURING QUARTER, EARNINGS WERE IMPACTED BY A $14.0 MILLION
LOAN
LOSS PROVISION RECORDED
    * CROSSFIRST BANKSHARES - AS OF APRIL 20, CO RECEIVED
FUNDING
APPROVAL FOR OVER 914 LOANS UNDER CARES ACT, TOTALING JUST UNDER
$400 MILLION OF NEW LOANS
    * IS IN PROCESS OF SECURING SHORT TERM DEPOSITS TO SUPPORT
PPP
PROGRAM
    * GRANTING LOAN MODIFICATIONS AND 90/180 DAY PAYMENT
DEFERRALS FOR
CUSTOMERS WHO HAVE REQUESTED ADDITIONAL RELIEF
    * INTEREST INCOME OF $54.2 MILLION FOR Q1 OF 2020, AN
INCREASE OF
6%

Source text for Eikon:  ID:nGNX4Qx7ym 
Further company coverage:  CFB.O 

 (Reuters.Briefs@thomsonreuters.com)