CrossFirst Bankshares Inc reports results for the quarter ended in December - Earnings Summary

Crossfirst Bankshares

22/01/2024 22:01

* CrossFirst Bankshares Inc  CFB.OQ  reported quarterly
adjusted
earnings of 39 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 36 cents.  The mean expectation of
four analysts for the quarter was for earnings of 36 cents per
share. Wall Street expected results to range from 34 cents to 38
cents per share.
    * Revenue rose 5.2% to $61.44 million from a year ago;
analysts
expected $62.96 million. 
    * CrossFirst Bankshares Inc's reported EPS for the quarter
was 35
cents​.
    * The company reported quarterly net income of $17.65
million.
    * CrossFirst Bankshares Inc shares had fallen by 3.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "hold."

Wall Street's median 12-month price target for CrossFirst
Bankshares Inc is $16.00 
This summary was machine generated from LSEG data January 22 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.36           0.39           Beat
 Sep. 30 2023      0.32           0.37           Beat
 Jun. 30 2023      0.34           0.35           Beat
 Mar. 31 2023      0.32           0.35           Beat