CrossFirst Bankshares Management
Management criteria checks 4/4
CrossFirst Bankshares' CEO is Mike Maddox, appointed in Jun 2020, has a tenure of 4.67 years. total yearly compensation is $1.92M, comprised of 37% salary and 63% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth $3.00M. The average tenure of the management team and the board of directors is 2.5 years and 7.1 years respectively.
Key information
Mike Maddox
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 37.0% |
| CEO tenure | 4.7yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.5yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
Here's Why Shareholders May Want To Be Cautious With Increasing CrossFirst Bankshares, Inc.'s (NASDAQ:CFB) CEO Pay Packet
May 08
Is Now The Time To Put CrossFirst Bankshares (NASDAQ:CFB) On Your Watchlist?
Jan 25CrossFirst Bankshares GAAP EPS of $0.35 beats by $0.01, revenue of $53.48M beats by $0.18M
Oct 17CrossFirst Bankshares GAAP EPS of $0.31 misses by $0.01, revenue of $50.9M beats by $0.9M
Jul 18Here's Why We Think CrossFirst Bankshares (NASDAQ:CFB) Is Well Worth Watching
Nov 30Here's Why We Think CrossFirst Bankshares (NASDAQ:CFB) Is Well Worth Watching
Jul 27CrossFirst Bankshares names new CFO
Jun 21Should CrossFirst Bankshares (NASDAQ:CFB) Be Disappointed With Their 19% Profit?
Mar 06CrossFirst Bankshares, Inc. 2020 Q4 - Results - Earnings Call Presentation
Feb 01CrossFirst Bankshares, Inc. Recorded A 41% Miss On Revenue: Analysts Are Revisiting Their Models
Jan 30
Could The CrossFirst Bankshares, Inc. (NASDAQ:CFB) Ownership Structure Tell Us Something Useful?
Jan 04What Type Of Returns Would CrossFirst Bankshares'(NASDAQ:CFB) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Nov 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$78m |
| Sep 30 2024 | n/a | n/a | US$74m |
| Jun 30 2024 | n/a | n/a | US$71m |
| Mar 31 2024 | n/a | n/a | US$68m |
| Dec 31 2023 | US$2m | US$713k | US$66m |
| Sep 30 2023 | n/a | n/a | US$61m |
| Jun 30 2023 | n/a | n/a | US$61m |
| Mar 31 2023 | n/a | n/a | US$61m |
| Dec 31 2022 | US$2m | US$616k | US$62m |
| Sep 30 2022 | n/a | n/a | US$70m |
| Jun 30 2022 | n/a | n/a | US$74m |
| Mar 31 2022 | n/a | n/a | US$74m |
| Dec 31 2021 | US$1m | US$540k | US$69m |
| Sep 30 2021 | n/a | n/a | US$57m |
| Jun 30 2021 | n/a | n/a | US$44m |
| Mar 31 2021 | n/a | n/a | US$21m |
| Dec 31 2020 | US$1m | US$445k | US$13m |
| Sep 30 2020 | n/a | n/a | US$4m |
| Jun 30 2020 | n/a | n/a | US$6m |
| Mar 31 2020 | n/a | n/a | US$23m |
| Dec 31 2019 | US$716k | US$359k | US$28m |
| Sep 30 2019 | n/a | n/a | US$39m |
| Jun 30 2019 | n/a | n/a | US$34m |
| Mar 31 2019 | n/a | n/a | US$25m |
| Dec 31 2018 | US$1m | US$347k | US$17m |
Compensation vs Market: Mike's total compensation ($USD1.92M) is below average for companies of similar size in the US market ($USD3.20M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Maddox (54 yo)
4.7yrs
Tenure
US$1,924,315
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 serves as Chairman of the Board of CrossFirst Bank. He is Ch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.7yrs | US$1.92m | 0.37% $ 3.0m | |
| Chief Financial Officer | 3.6yrs | US$915.17k | 0.049% $ 395.5k | |
| President of CrossFirst Bank | 2.6yrs | US$892.25k | 0.10% $ 817.2k | |
| Chief Operating Officer | 1yr | no data | 0.19% $ 1.5m | |
| Chief Accounting Officer | 2yrs | no data | 0.022% $ 174.2k | |
| Chief Technology Officer | no data | no data | no data | |
| General Counsel & Corporate Secretary | 2.7yrs | no data | 0.0065% $ 51.8k | |
| Chief Marketing Officer & Chief of Staff | 1yr | no data | 0.0065% $ 52.1k | |
| Chief Banking Officer | no data | US$825.99k | no data | |
| Market President in Frisco | 2.5yrs | no data | no data | |
| President of Tulsa | 1.7yrs | no data | no data |
2.5yrs
Average Tenure
51yo
Average Age
Experienced Management: CFB's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 17.1yrs | US$1.92m | 0.37% $ 3.0m | |
| Independent Director | 9.1yrs | US$90.01k | 0.13% $ 1.0m | |
| Independent Director | 12.1yrs | US$75.01k | 0.16% $ 1.3m | |
| Independent Director | 7.1yrs | US$75.01k | 1.79% $ 14.3m | |
| Independent Chairman of the Board | 13.1yrs | US$128.51k | 0.51% $ 4.1m | |
| Independent Director | 7.1yrs | US$90.01k | 0.14% $ 1.1m | |
| Independent Director | 7.1yrs | US$73.51k | 0.15% $ 1.2m | |
| Independent Director | 16.1yrs | US$73.51k | 0.093% $ 748.7k | |
| Independent Director | 7.1yrs | US$93.51k | 0.050% $ 399.0k | |
| Independent Director | 7.1yrs | US$77.01k | 0.12% $ 983.8k | |
| Independent Director | 7.1yrs | US$73.51k | 0.15% $ 1.2m | |
| Independent Director | 7.1yrs | US$73.51k | 0.11% $ 852.8k |
7.1yrs
Average Tenure
59yo
Average Age
Experienced Board: CFB's board of directors are considered experienced (7.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 05:43 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
CrossFirst Bankshares, Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Rodis | Janney Montgomery Scott LLC |
| Christopher McGratty | Keefe, Bruyette, & Woods |
| Wood Lay | Keefe, Bruyette, & Woods |