CrossFirst Bankshares Inc. (CFB) Tops Q2 EPS by 4c

CrossFirst Bankshares Inc. (NASDAQ: CFB) reported Q2 EPS of $0.30, $0.04 better than the analyst estimate of $0.26.

"During the second quarter, we achieved the strongest profitability in the Company's history and I am extremely proud of our team for executing on several key strategic initiatives that provides a foundation for future growth and success," said CrossFirst’s CEO and President, Mike Maddox. "The Company took several steps to improve the efficiency of the balance sheet and reduce excess liquidity, which resulted in stronger performance metrics, improved margin, and stronger core earnings power. We grew our operating revenue 6% from the previous quarter and our asset quality metrics improved with the strengthening of the loan portfolio and economic recovery. We made great progress on our expansion efforts in Arizona and Frisco, which we believe will create long term value for the organization."

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

You May Also Be Interested In

• SLM (SLM) Misses Q2 EPS by 16c; offers guidance
• Cass Information Systems (CASS) Reports In-Line Q2 EPS
• Knowles (KN) Tops Q2 EPS by 2c, Offers Guidance