CrossFirst Bankshares (NASDAQ:CFB – Get Rating) was downgraded by Zacks Investment Research from a “maintain” ranking to a “promote” ranking in a report issued on Tuesday, Zacks.com experiences.
In response to Zacks, “CrossFirst Bankshares Inc. is a financial institution holding firm which, by its wholly-owned subsidiary CrossFirst Financial institution, supplies private banking, wealth administration, loans, financial savings accounts, leasing, retirement plans, funding administration and insurance coverage providers to companies. It operates primarily in Kansas, Missouri, Oklahoma and Texas. CrossFirst Bankshares Inc. is headquartered in Leawood, Kansas. “
Individually, Raymond James elevated their goal value on shares of CrossFirst Bankshares from $18.00 to $19.00 and gave the inventory a “strong-buy” ranking in a analysis be aware on Tuesday, January 25th.
NASDAQ:CFB traded up $zero.24 throughout buying and selling hours on Tuesday, reaching $14.76. 80,805 shares of the inventory had been exchanged, in comparison with its common quantity of 109,058. The corporate has a fast ratio of 1.00, a present ratio of 1.00 and a debt-to-equity ratio of zero.36. The enterprise has a 50-day transferring common of $15.63 and a two-hundred day transferring common of $15.18. CrossFirst Bankshares has a twelve month low of $11.81 and a twelve month excessive of $16.50. The corporate has a market capitalization of $737.10 million, a price-to-earnings ratio of 11.01 and a beta of 1.23.
CrossFirst Bankshares (NASDAQ:CFB – Get Rating) final posted its quarterly earnings information on Monday, April 18th. The corporate reported $zero.33 earnings per share for the quarter, topping analysts’ consensus estimates of $zero.30 by $zero.03. CrossFirst Bankshares had a return on fairness of 10.74% and a web margin of 33.56%. Throughout the identical quarter final yr, the corporate earned $zero.23 EPS. On common, analysis analysts forecast that CrossFirst Bankshares will put up 1.31 EPS for the present fiscal yr.
Numerous institutional traders have just lately added to or lowered their stakes within the inventory. Zurcher Kantonalbank Zurich Cantonalbank elevated its stake in CrossFirst Bankshares by 74.9% in the course of the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,685 shares of the corporate’s inventory value $89,00zero after buying an extra 2,434 shares over the last quarter. Citigroup Inc. raised its stake in CrossFirst Bankshares by 107.7% in the course of the third quarter. Citigroup Inc. now owns 6,440 shares of the corporate’s inventory valued at $84,00zero after shopping for an extra three,339 shares within the final quarter. Allspring World Investments Holdings LLC acquired a brand new stake in shares of CrossFirst Bankshares in the course of the 4th quarter value roughly $151,00zero. ProShare Advisors LLC acquired a brand new stake in shares of CrossFirst Bankshares in the course of the 4th quarter value roughly $160,00zero. Lastly, Susquehanna Worldwide Group LLP acquired a brand new stake in CrossFirst Bankshares within the 4th quarter valued at roughly $160,00zero. Hedge funds and different institutional traders personal 48.67% of the corporate’s inventory.
About CrossFirst Bankshares (Get Rating)
CrossFirst Bankshares, Inc operates because the financial institution holding firm for CrossFirst Financial institution that gives varied banking and monetary providers to companies, enterprise homeowners, professionals, and its private networks. The corporate provides industrial actual property, development and growth, 1-Four household actual property, industrial, vitality, and shopper loans.
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