company background image
CFB

CrossFirst Bankshares NasdaqGS:CFB Stock Report

Last Price

US$13.09

Market Cap

US$649.9m

7D

2.3%

1Y

-10.3%

Updated

25 May, 2022

Data

Company Financials +
CFB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

CFB Stock Overview

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.

CrossFirst Bankshares Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CrossFirst Bankshares
Historical stock prices
Current Share PriceUS$13.09
52 Week HighUS$16.50
52 Week LowUS$11.81
Beta1.31
1 Month Change-2.09%
3 Month Change-17.47%
1 Year Change-10.28%
3 Year Changen/a
5 Year Changen/a
Change since IPO-10.34%

Recent News & Updates

Shareholder Returns

CFBUS BanksUS Market
7D2.3%3.9%1.0%
1Y-10.3%-15.0%-15.1%

Return vs Industry: CFB exceeded the US Banks industry which returned -15.5% over the past year.

Return vs Market: CFB exceeded the US Market which returned -13.2% over the past year.

Price Volatility

Is CFB's price volatile compared to industry and market?
CFB volatility
CFB Average Weekly Movement4.1%
Banks Industry Average Movement3.9%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: CFB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CFB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007360Mike Maddoxhttps://www.crossfirstbank.com

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 real estate, construction and development, 1-4 family real estate, commercial, energy, and consumer loans. It also provides a range of deposit products consisting of noninterest-bearing demand and interest-bearing deposits, which include transaction accounts, savings accounts, money market accounts, and certificates of deposit; and personal and business checking and savings accounts, as well as negotiable order of withdrawal accounts; and brokered and reciprocal deposits.

CrossFirst Bankshares Fundamentals Summary

How do CrossFirst Bankshares's earnings and revenue compare to its market cap?
CFB fundamental statistics
Market CapUS$649.87m
Earnings (TTM)US$74.21m
Revenue (TTM)US$195.27m

8.8x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CFB income statement (TTM)
RevenueUS$195.27m
Cost of RevenueUS$0
Gross ProfitUS$195.27m
Other ExpensesUS$121.07m
EarningsUS$74.21m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.49
Gross Margin100.00%
Net Profit Margin38.00%
Debt/Equity Ratio37.1%

How did CFB perform over the long term?

See historical performance and comparison

Valuation

Is CrossFirst Bankshares undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: CFB ($13.09) is trading below our estimate of fair value ($32.54)

Significantly Below Fair Value: CFB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CFB is good value based on its Price-To-Earnings Ratio (8.8x) compared to the US Banks industry average (9.7x).

PE vs Market: CFB is good value based on its Price-To-Earnings Ratio (8.8x) compared to the US market (14.9x).


Price to Earnings Growth Ratio

PEG Ratio: CFB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CFB's Price-To-Book Ratio (1x) is in line with the US Banks industry average.


Future Growth

How is CrossFirst Bankshares forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-0.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CFB's earnings are forecast to decline over the next 3 years (-0.9% per year).

Earnings vs Market: CFB's earnings are forecast to decline over the next 3 years (-0.9% per year).

High Growth Earnings: CFB's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CFB's revenue (7.6% per year) is forecast to grow slower than the US market (7.7% per year).

High Growth Revenue: CFB's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CFB's Return on Equity is forecast to be high in 3 years time


Past Performance

How has CrossFirst Bankshares performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


38.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CFB has high quality earnings.

Growing Profit Margin: CFB's current net profit margins (38%) are higher than last year (16.4%).


Past Earnings Growth Analysis

Earnings Trend: CFB's earnings have grown significantly by 38.8% per year over the past 5 years.

Accelerating Growth: CFB's earnings growth over the past year (257.1%) exceeds its 5-year average (38.8% per year).

Earnings vs Industry: CFB earnings growth over the past year (257.1%) exceeded the Banks industry 20.8%.


Return on Equity

High ROE: CFB's Return on Equity (11.9%) is considered low.


Financial Health

How is CrossFirst Bankshares's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CFB's Assets to Equity ratio (8.9x) is low.

Allowance for Bad Loans: CFB has a sufficient allowance for bad loans (160%).

Low Risk Liabilities: 94% of CFB's liabilities are made up of primarily low risk sources of funding.

Loan Level: CFB has an appropriate level of Loans to Assets ratio (78%).

Low Risk Deposits: CFB's Loans to Deposits ratio (93%) is appropriate.

Level of Bad Loans: CFB has an appropriate level of bad loans (0.8%).


Dividend

What is CrossFirst Bankshares's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CFB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CFB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CFB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CFB's dividend payments have been increasing.


Current Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CFB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Mike Maddox (51 yo)

1.92yrs

Tenure

US$1,479,268

Compensation

Mr. Michael J. Maddox, also known as Mike, has been President and Chief Executive Officer at CrossFirst Bankshares, Inc. since June 01, 2020. He is the President and Chief Executive Officer of CrossFirst B...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD1.48M) is below average for companies of similar size in the US market ($USD3.95M).

Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: CFB's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: CFB's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CrossFirst Bankshares, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: CrossFirst Bankshares, Inc.
  • Ticker: CFB
  • Exchange: NasdaqGS
  • Founded: 2007
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$649.865m
  • Shares outstanding: 49.65m
  • Website: https://www.crossfirstbank.com

Number of Employees


Location

  • CrossFirst Bankshares, Inc.
  • 11440 Tomahawk Creek Parkway
  • Leawood
  • Kansas
  • 66211
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.