CrossFirst: Q1 Earnings Snapshot
LEAWOOD, Kan. (AP) — LEAWOOD, Kan. (AP) — CrossFirst Bankshares Inc. (CFB) on Monday reported first-quarter earnings of $18.2 million.
The bank, based in Leawood, Kansas, said it had earnings of 36 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.
The bank holding company posted revenue of $124.8 million in the period. Its revenue net of interest expense was $62.2 million, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $62.9 million.
CrossFirst shares have declined nearly 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $12.69, an increase of 25% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFB at https://www.zacks.com/ap/CFB