CrossFirst Historical Income Statement

CFB Stock  USD 17.31  0.26  1.48%   
Historical analysis of CrossFirst Bankshares income statement accounts such as Net Interest Income of 167.5 M, Interest Income of 237.4 M or Discontinued Operations of 0.0 can show how well CrossFirst Bankshares performed in making a profits. Evaluating CrossFirst Bankshares income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CrossFirst Bankshares's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining CrossFirst Bankshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CrossFirst Bankshares is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CrossFirst Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade CrossFirst Stock refer to our How to Trade CrossFirst Stock guide.

About CrossFirst Income Statement Analysis

CrossFirst Bankshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CrossFirst Bankshares shareholders. The income statement also shows CrossFirst investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

CrossFirst Bankshares Income Statement Chart

At present, CrossFirst Bankshares' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 128.9 M, whereas Tax Provision is forecasted to decline to about 8.3 M.

Total Revenue

Total revenue comprises all receipts CrossFirst Bankshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of CrossFirst Bankshares minus its cost of goods sold. It is profit before CrossFirst Bankshares operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CrossFirst Bankshares. It is also known as CrossFirst Bankshares overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from CrossFirst Bankshares' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CrossFirst Bankshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CrossFirst Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade CrossFirst Stock refer to our How to Trade CrossFirst Stock guide.At present, CrossFirst Bankshares' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 128.9 M, whereas Tax Provision is forecasted to decline to about 8.3 M.
 2021 2022 2023 2024 (projected)
Interest Income192.5M247.8M399.7M237.4M
Net Interest Income168.0M192.8M221.9M167.5M

CrossFirst Bankshares income statement Correlations

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CrossFirst Bankshares Account Relationship Matchups

CrossFirst Bankshares income statement Accounts

201920202021202220232024 (projected)
Tax Provision4.1M2.7M17.6M16.0M16.2M8.3M
Net Interest Income140.4M159.3M168.0M192.8M221.9M167.5M
Interest Income215.1M202.5M192.5M247.8M399.7M237.4M
Depreciation And Amortization1.7M5.3M5.3M5.3M9.5M5.5M
Interest Expense74.8M43.2M24.5M55.0M210.3M220.8M
Selling General Administrative59.9M62.0M64.8M78.6M96.4M72.4M
Selling And Marketing Expenses2.5M1.2M2.1M3.2M2.9M2.7M
Total Revenue150.6M172.0M182.4M77K231.0M146.6M
Gross Profit150.6M172.0M182.4M77K231.0M146.6M
Other Operating Expenses102.0M156.7M95.4M132.5M122.8M112.4M
Operating Income48.6M15.3M87.0M132.6M84.1M72.1M
Net Income From Continuing Ops28.5M12.6M69.4M61.6M61.0M40.6M
Ebit48.6M15.3M87.0M77.6M84.1M63.4M
Ebitda50.3M20.6M92.2M82.9M93.6M68.9M
Total Operating Expenses(102.0M)(156.7M)(95.4M)132.5M122.8M128.9M
Reconciled Depreciation5.3M5.3M5.3M5.3M8.6M5.9M
Income Before Tax48.6M15.3M87.0M77.6M84.1M52.5M
Total Other Income Expense Net5.2M(21.6M)(15.9M)(17.5M)84.1M88.3M
Net Income Applicable To Common Shares28.3M12.6M69.4M61.6M70.8M74.4M
Net Income40.6M12.6M69.4M61.6M66.7M43.4M
Income Tax Expense8.1M2.7M17.6M16.0M17.4M9.1M

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When determining whether CrossFirst Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CrossFirst Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Crossfirst Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crossfirst Bankshares Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CrossFirst Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade CrossFirst Stock refer to our How to Trade CrossFirst Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CrossFirst Bankshares. If investors know CrossFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CrossFirst Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.149
Earnings Share
1.47
Revenue Per Share
4.908
Quarterly Revenue Growth
0.101
Return On Assets
0.0101
The market value of CrossFirst Bankshares is measured differently than its book value, which is the value of CrossFirst that is recorded on the company's balance sheet. Investors also form their own opinion of CrossFirst Bankshares' value that differs from its market value or its book value, called intrinsic value, which is CrossFirst Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CrossFirst Bankshares' market value can be influenced by many factors that don't directly affect CrossFirst Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CrossFirst Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if CrossFirst Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CrossFirst Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.