CrossFirst Bankshares (NYSE:CFB) Issues Earnings Results, Beats Expectations By $0.01 EPS

CrossFirst Bankshares (NYSE:CFB) announced its quarterly earnings results on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.01, Fidelity Earnings reports. The business had revenue of $39.37 million for the quarter, compared to analyst estimates of $39.10 million.

NYSE CFB traded up $0.01 on Friday, reaching $13.45. The stock had a trading volume of 11,332 shares, compared to its average volume of 71,407. The stock’s fifty day moving average is $13.90. CrossFirst Bankshares has a 1-year low of $11.11 and a 1-year high of $15.50.

Several equities analysts have recently weighed in on CFB shares. Stephens reissued a “hold” rating and issued a $15.00 price objective on shares of CrossFirst Bankshares in a research report on Tuesday, October 22nd. Sandler O’Neill assumed coverage on shares of CrossFirst Bankshares in a research note on Wednesday, December 11th. They set a “buy” rating and a $15.00 target price for the company. Finally, Zacks Investment Research downgraded shares of CrossFirst Bankshares from a “hold” rating to a “sell” rating in a report on Wednesday, January 1st. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $16.00.

CrossFirst Bankshares Company Profile

CrossFirst Bankshares, Inc operates as the bank holding company for CrossFirst Bank that provides a range of banking and financial services to businesses, business owners, and professionals and its personal networks. The company offers commercial real estate, construction and development, and one-to-four family real estate loans; commercial loans across various industries, including the energy industry; and a variety of loans to individuals for personal and household purposes, such as secured and unsecured term loans, and home improvement loans.

Recommended Story: What member countries make up the G-20?

Receive News & Ratings for CrossFirst Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CrossFirst Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit