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CrossFirst Bankshares

Market Cap

US$739.6m

Last Updated

2021/04/12 22:02 UTC

Data Sources

Company Financials +

Executive Summary

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. More Details


Snowflake Analysis

High growth potential with excellent balance sheet.


Similar Companies

Share Price & News

How has CrossFirst Bankshares's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CFB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CFB's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

0.6%

CFB

1.3%

US Banks

0.9%

US Market


1 Year Return

52.4%

CFB

64.6%

US Banks

57.9%

US Market

Return vs Industry: CFB underperformed the US Banks industry which returned 56.9% over the past year.

Return vs Market: CFB underperformed the US Market which returned 56.3% over the past year.


Shareholder returns

CFBIndustryMarket
7 Day0.6%1.3%0.9%
30 Day-6.8%-0.2%2.3%
90 Day16.2%14.6%6.3%
1 Year52.4%52.4%70.1%64.6%60.8%57.9%
3 Yearn/a27.6%16.6%64.5%53.9%
5 Yearn/a104.8%78.9%120.9%96.4%

Long-Term Price Volatility Vs. Market

How volatile is CrossFirst Bankshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

58.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CFB ($14.07) is trading above our estimate of fair value ($12.88)

Significantly Below Fair Value: CFB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CFB is poor value based on its PE Ratio (58.1x) compared to the US Banks industry average (13.3x).

PE vs Market: CFB is poor value based on its PE Ratio (58.1x) compared to the US market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: CFB is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: CFB's PB Ratio (1.2x) 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 4 analysts?

55.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CFB's forecast earnings growth (55.1% per year) is above the savings rate (2%).

Earnings vs Market: CFB's earnings (55.1% per year) are forecast to grow faster than the US market (18.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CFB's revenue (21.7% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: CFB's revenue (21.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CFB's Return on Equity is forecast to be low in 3 years time (7.4%).


Past Performance

How has CrossFirst Bankshares performed over the past 5 years?

-55.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CFB has a large one-off loss of $7.4M impacting its December 31 2020 financial results.

Growing Profit Margin: CFB's current net profit margins (10.9%) are lower than last year (23.5%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if CFB's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: CFB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CFB had negative earnings growth (-55.4%) over the past year, making it difficult to compare to the Banks industry average (1.4%).


Return on Equity

High ROE: CFB's Return on Equity (2%) is considered low.


Financial Health

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


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CFB's Assets to Equity ratio (9.1x) is low.

Allowance for Bad Loans: CFB has a low allowance for bad loans (99%).

Low Risk Liabilities: 93% 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 (77%).

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

Level of Bad Loans: CFB has an appropriate level of bad loans (1.7%).


Dividend

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


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

Dividend 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.


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Mike Maddox (50 yo)

0.83

Tenure

US$716,232

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 ($USD716.23K) is below average for companies of similar size in the US market ($USD2.16M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CFB's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: CFB's board of directors are considered experienced (5.3 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 company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CrossFirst Bankshares, Inc.
  • Ticker: CFB
  • Exchange: NasdaqGS
  • Founded: 2007
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$739.561m
  • Shares outstanding: 51.68m
  • Website: https://www.crossfirstbank.com

Number of Employees


Location

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

Listings


Biography

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 net...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/12 22:02
End of Day Share Price2021/04/12 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.