CrossFirst Bankshares, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 18, 2023 at 01:47 am IST
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CrossFirst Bankshares, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 54.54 million compared to USD 46.71 million a year ago. Net income was USD 16.05 million compared to USD 15.55 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.31 a year ago. Diluted earnings per share from continuing operations was USD 0.33 compared to USD 0.31 a year ago.
For the six months, net interest income was USD 112.76 million compared to USD 89.82 million a year ago. Net income was USD 32.16 million compared to USD 32.37 million a year ago. Basic earnings per share from continuing operations was USD 0.66 compared to USD 0.65 a year ago. Diluted earnings per share from continuing operations was USD 0.65 compared to USD 0.64 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.