CrossFirst: Q2 Earnings Snapshot
By AP News
Published - Jul 17, 2023, 04:15 PM ET
Last Updated - Jul 17, 2023, 04:15 PM EDT
LEAWOOD, Kan. (AP) — LEAWOOD, Kan. (AP) — CrossFirst Bankshares Inc. (CFB) on Monday reported second-quarter profit of $16 million.
The bank, based in Leawood, Kansas, said it had earnings of 33 cents per share. Earnings, adjusted for non-recurring costs, came to 35 cents per share.
The bank holding company posted revenue of $112.9 million in the period. Its revenue net of interest expense was $60.3 million, which did not meet Street forecasts.
CrossFirst shares have declined slightly more than 9% since the beginning of the year. In the final minutes of trading on Monday, shares hit $11.24, a fall of 15% in the last 12 months.
