CrossFirst Bankshares Inc. (NASDAQ: CFB) reported Q3 EPS of $0.21, $0.02 better than the analyst estimate of $0.19.

2019 Third Quarter Highlights*:

• Record quarterly net income of $10.4 million, an increase of 63% from the third quarter of 2018
• Record year-to-date net income of $29.2 million, an increase of 215% from the same period in 2018
• Diluted EPS of $0.21 for the quarter, an increase of 40% from the same period in 2018
• Diluted EPS of $0.61 for year-to-date 2019, an increase of 177% from the same period in 2018
• Achieved efficiency ratios of 54.3% for the quarter and 59.4% year-to-date
• Grew loans by $163 million from the previous quarter-end and $895 million or 33% since September 30, 2018
• Grew deposits by $74 million from the previous quarter-end and $851 million or 30% since September 30, 2018
• Book value per share of $11.59 at September 30, 2019 compared to $9.43 at September 30, 2018

"We are pleased with our third quarter results and first quarter reported as a public company," said CrossFirst’s CEO and President George F. Jones, Jr. “While our organization experienced interest margin compression from declining rates, we were still able to deliver net interest income growth in the third quarter. Our teams delivered strong balance sheet growth and we had another quarter of record net income. I am very proud of our employees and what they were able to accomplish.”

For earnings history and earnings-related data on CrossFirst Bankshares Inc. (CFB) click here.