Crossfirst Bankshares (CFB)

Company Profile

CrossFirst Bankshares, Inc., is a Kansas corporation and a registered bank holding company for its wholly-owned subsidiary CrossFirst Bank, which is headquartered in Leawood, Kansas. Since its inception in 2007, CrossFirst Bank has grown rapidly and now has seven full-service banking offices primarily along the I-35 corridor in Kansas, Missouri, Oklahoma and Texas.

Company profile

Ticker

CFB

Exchange

NASDAQ

Website

investors.crossfirstbankshares.com

CEO

Michael J. Maddox

Incorporated

Kansas

Location

Kansas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Citizens Financial • Northern Trust • M & T Bank • Fifth Third Bancorp • Associated Banc-Corp. • SVB Financial • First Citizens Bancshares, Inc • Commerce Bancshares ...

Former names

CROSSFIRST HOLDINGS LLC

SEC CIK

0001458412

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

CrossFirst Investments, Inc. • CFBSA I, LLC • CFBSA II, LLC ...

CFB stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

CrossFirst Bank, today reported fourth quarter net income of $11.9 million, or $0.24 per diluted share, and full year net income of $61.6

8 Nov 22

CrossFirst Bankshares, Inc. Receives Regulatory Approval to Complete

7 Nov 22

8-K/A

CrossFirst Bankshares, Inc. Reports Third Quarter 2022

20 Oct 22

8-K

CrossFirst Bankshares, Inc. Reports Third Quarter 2022

3 Aug 22

CrossFirst Bankshares, Inc. Reports Second Quarter 2022

18 Jul 22

8-K

With Acquisition of Farmers & Stockmens Bank / Central Bank & Trust

13 Jun 22

8-K

Departure of Directors or Certain Officers

Transcripts

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CFB

Earnings call transcript

2022 Q3

18 Oct 22

CFB

Earnings call transcript

2022 Q2

19 Jul 22

CFB

Earnings call transcript

2022 Q1

19 Apr 22

CFB

Earnings call transcript

2021 Q4

25 Jan 22

CFB

Earnings call transcript

2021 Q3

19 Oct 21

CFB

Earnings call transcript

2021 Q2

22 Jul 21

CFB

Earnings call transcript

2021 Q1

23 Apr 21

CFB

Earnings call transcript

2020 Q4

29 Jan 21

CFB

Earnings call transcript

2020 Q3

20 Oct 20

Latest ownership filings

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SC 13G/A

BlackRock Inc.

7 Feb 23

Michael Kent Robinson

Michael Kent Robinson

25 Jul 22

Benjamin R Clouse

22 Jul 22

Michael Kent Robinson

20 Jul 22

W. Randall Rapp

5 Jul 22

Financial summary

Financial statements Chart CFB financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	309.14 mm	309.14 mm	309.14 mm	309.14 mm	309.14 mm	309.14 mm
Cash burn (monthly)	(no burn)	632.25 k	6.35 mm	6.06 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	2.72 mm	27.29 mm	26.06 mm	n/a	n/a
Cash remaining	n/a	306.42 mm	281.84 mm	283.07 mm	n/a	n/a
Runway (months of cash)	n/a	484.6	44.4	46.7	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

CFB institutional ownership history Ownership history

49.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	118	118	–
Opened positions	17	12	+41.7%
Closed positions	17	11	+54.5%
Increased positions	35	32	+9.4%
Reduced positions	32	40	-20.0%

13F shares	Current	Prev Q	Change
Total value	312.78 mm	332.56 mm	-5.9%
Total shares	23.97 mm	25.19 mm	-4.9%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
T. Rowe Price Investment Management	4.66 mm	$60.82 mm	NEW
BLK Blackrock	3.18 mm	$41.52 mm	-0.4%
Vanguard	2.07 mm	$27.03 mm	-4.2%
FHI Federated Hermes	1.89 mm	$24.67 mm	-0.0%
Banc Funds	1.59 mm	$20.75 mm	0.0%
King Luther Capital Management	1.06 mm	$13.81 mm	0.0%
EJF Capital	918.63 k	$11.99 mm	-12.7%
Geode Capital Management	825.30 k	$10.77 mm	+0.7%
Dimensional Fund Advisors	812.03 k	$10.60 mm	+18.6%
Captrust Financial Advisors	651.18 k	$8.50 mm	+158723.7%

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price	0.00	-4.66 mm	EXIT
T. Rowe Price Investment Management	4.66 mm	+4.66 mm	NEW
STT State Street	0.00	-1.07 mm	EXIT
Frontier Wealth Management	0.00	-737.61 k	EXIT
Captrust Financial Advisors	651.18 k	+650.77 k	+158723.7%
Hillsdale Investment Management	0.00	-319.10 k	EXIT
State of New Jersey Common Pension Fund D	174.55 k	+174.55 k	NEW
EJF Capital	918.63 k	-134.20 k	-12.7%
Dimensional Fund Advisors	812.03 k	+127.55 k	+18.6%
Intrust Bank Na	116.27 k	+116.27 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CFB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
31 Jan 23	Robinson Michael Kent	Common Stock	Sell	Dispose S	No	No	13.5	1,000	13.50 k	111,168
15 Dec 22	Bruce George	Common Stock	Sell	Dispose S	No	No	12.5	2,500	31.25 k	65,617
14 Sep 22	Kuykendall James W.	Common Stock	Buy	Acquire P	No	No	12.93	2,500	32.33 k	53,201
15 Aug 22	Humphreys Lance	Common Stock	Sell	Dispose S	Yes	No	15.61	14,122	220.44 k	137,394
28 Jul 22	Clouse Benjamin R	Common Stock	Payment of exercise	Dispose F	No	No	13.76	490	6.74 k	16,077
28 Jul 22	Clouse Benjamin R	Common Stock	Option exercise	Acquire M	No	No	13.76	1,667	22.94 k	16,567
28 Jul 22	Clouse Benjamin R	RSU Common Stock	Option exercise	Dispose M	No	No	0	1,667	0.00	8,722