CrossFirst Bankshares, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 18, 2021 at 06:45 pm EDT
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CrossFirst Bankshares, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2021. For the quarter, the company reported net interest income of $41,801,000 against $39,327,000 a year ago. Net income was $21,000,000 against $8,006,000 a year ago. Basic earnings per share was $0.41 against $0.15 a year ago.
For the nine months, the company reported net interest income of $125,246,000 against $118,712,000 a year ago. Net income was $48,612,000 against $4,507,000 a year ago. Basic earnings per share was $0.95 against $0.09 a year ago. Diluted earnings per share was $0.93 against $0.09 a year ago.
CrossFirst Bankshares, Inc. is a bank holding company for CrossFirst Bank (the Bank). The Bank provides a full suite of financial services to businesses, business owners, professionals and their personal networks through its offices located in Kansas, Missouri, Oklahoma, Texas, Arizona, Colorado and New Mexico. The Bank operates as a regional bank, which provides deposit and lending products to commercial and consumer clients. In addition to its branch locations, it also offers private banking solutions and commercial banking solutions. It focuses on various loan categories, including commercial loans; commercial real estate loans; construction and development loans; multifamily real estate loans; energy loans; and consumer loans. It offers deposit banking products, including personal and business checking and savings accounts; international banking services; treasury management services; negotiable order of withdrawal accounts; automated teller machine access; and mobile banking.