Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 11440 Tomahawk Creek Parkway LEAWOOD KS 66211 |
Tel: | 1-214-4425898 |
Website: | https://www.crossfirstbank.com |
IR: | See website |
Key People | ||
Michael J. Maddox President, Chief Executive Officer, Director | Benjamin R. Clouse Chief Financial Officer of the Company and the Bank | W. Randall Rapp President of the Bank |
Amy Fauss Chief Human Resources Officer of the Company and the Bank | Jana Merfen Chief Technology Officer of the Company and the Bank | Amy Abrams General Counsel and Corporate Secretary of the Company and the Bank | Steve Peterson Chief Banking Officer of the Company and the Bank |
Business Overview |
CrossFirst Bankshares, Inc. is a bank holding company for CrossFirst Bank (the Bank). The Bank provides a full suite of financial services to businesses, business owners, professionals and their personal networks through its offices located in Kansas, Missouri, Oklahoma, Texas, Arizona, Colorado and New Mexico. The Bank operates as a regional bank, which provides deposit and lending products to commercial and consumer clients. In addition to its branch locations, it also offers private banking solutions and commercial banking solutions. It focuses on various loan categories, including commercial loans; commercial real estate loans; construction and development loans; multifamily real estate loans; energy loans; and consumer loans. It offers deposit banking products, including personal and business checking and savings accounts; international banking services; treasury management services; negotiable order of withdrawal accounts; automated teller machine access; and mobile banking. |
Financial Overview |
For the fiscal year ended 31 December 2023, Crossfirst Bankshares Inc interest income increased 75% to $435.2M. Net interest income after loan loss provision increased 16% to $210.4M. Net income applicable to common stockholders increased 8% to $66.3M. Net interest income after loan loss provision reflects Loans, including fees increase of 79% to $400.9M, Available-for-sale securities - taxable increase from $4.6M to $11.5M. |
Employees: | 453 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $429.26M as of Dec 31, 2023 |
Annual revenue (TTM): | $435.15M as of Dec 31, 2023 |
EBITDA (TTM): | $102.14M as of Dec 31, 2023 |
Net annual income (TTM): | $66.26M as of Dec 31, 2023 |
Free cash flow (TTM): | $90.09M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 49,425,266 as of Mar 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |