CrossFirst Bankshares
Market Cap
US$714.4m
Last Updated
2021/04/17 23:06 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
Rewards
Risk Analysis
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
-4.1%
CFB
0.03%
US Banks
1.3%
US Market
1 Year Return
62.2%
CFB
70.2%
US Banks
53.9%
US Market
Return vs Industry: CFB underperformed the US Banks industry which returned 70.3% over the past year.
Return vs Market: CFB exceeded the US Market which returned 53.9% over the past year.
Shareholder returns
| CFB | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.1% | 0.03% | 1.3% |
| 30 Day | -6.7% | -0.6% | 5.3% |
| 90 Day | 14.8% | 16.6% | 8.9% |
| 1 Year | 62.2%62.2% | 75.9%70.2% | 56.6%53.9% |
| 3 Year | n/a | 26.0%15.0% | 64.4%53.6% |
| 5 Year | n/a | 97.1%72.0% | 120.4%95.7% |
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
1 week ago | Simply Wall St
Read This Before Selling CrossFirst Bankshares, Inc. (NASDAQ:CFB) Shares1 month ago | Simply Wall St
Should CrossFirst Bankshares (NASDAQ:CFB) Be Disappointed With Their 19% Profit?2 months ago | Simply Wall St
CrossFirst Bankshares, Inc. Recorded A 41% Miss On Revenue: Analysts Are Revisiting Their ModelsValuation
Is CrossFirst Bankshares undervalued compared to its fair value and its price relative to the market?
56.69x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CFB ($13.72) is trading above our estimate of fair value ($12.22)
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 (56.7x) compared to the US Banks industry average (13.3x).
PE vs Market: CFB is poor value based on its PE Ratio (56.7x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: CFB is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: CFB's PB Ratio (1.1x) 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 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 (18.1% 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 (9.3% 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 (2.9%).
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$1,181,771
Compensation
Mr. Michael J. Maddox, also known as Mike, has been President and Chief Executive Officer at CrossFirst Bankshares, Inc. since June 01, 2020. He is the President and Chief Executive Officer of CrossFirst B...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD1.18M) is below average for companies of similar size in the US market ($USD2.31M).
Compensation vs Earnings: Mike's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in 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$714.410m
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/17 23:06 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.