CrossFirst Bankshares (CFB) Scheduled to Post Earnings on Monday

CrossFirst Bankshares (NASDAQ:CFB) will release its earnings data after the market closes on Monday, July 15th. Analysts expect CrossFirst Bankshares to post earnings of $0.34 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

CrossFirst Bankshares (NASDAQ:CFB) last announced its quarterly earnings data on Monday, April 15th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.34 by $0.02. CrossFirst Bankshares had a net margin of 14.37% and a return on equity of 10.86%. The company had revenue of $62.18 million for the quarter, compared to the consensus estimate of $62.86 million. On average, analysts expect CrossFirst Bankshares to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

CrossFirst Bankshares Stock Performance

Shares of CFB stock opened at $15.23 on Friday. The company’s 50-day moving average is $13.35 and its 200 day moving average is $13.26. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market capitalization of $750.69 million, a price-to-earnings ratio of 11.04 and a beta of 1.04. CrossFirst Bankshares has a one year low of $9.71 and a one year high of $15.25.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CFB. Stephens reaffirmed an “overweight” rating and set a $18.00 price target on shares of CrossFirst Bankshares in a report on Tuesday, April 16th. Keefe, Bruyette & Woods dropped their price target on shares of CrossFirst Bankshares from $20.00 to $17.00 and set an “outperform” rating on the stock in a report on Wednesday, April 17th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $17.00.

About CrossFirst Bankshares

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.