CrossFirst Bankshares (CFB) Gets a Hold Rating from Raymond James


In a report released today, Michael Rose from Raymond James maintained a Hold rating on CrossFirst Bankshares (CFB). The company’s shares closed last Tuesday at $9.28.

According to TipRanks.com, Rose is a 3-star analyst with an average return of 2.2% and a 53.5% success rate. Rose covers the Financial sector, focusing on stocks such as Pinnacle Financial Partners, Texas Capital Bancshares, and United Community Banks.

The word on The Street in general, suggests a Hold analyst consensus rating for CrossFirst Bankshares with a $9.00 average price target.

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Based on CrossFirst Bankshares’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $43.79 million and GAAP net loss of $7.36 million. In comparison, last year the company earned revenue of $36.97 million and had a net profit of $9.44 million.

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CrossFirst Bankshares, Inc. operates as a bank holding company. The firm through its subsidiaries provides financial services to businesses, business owners, professionals and personal networks throughout the five primary markets located in Kansas, Missouri, Oklahoma and Texas. It offers mobile & online banking services, savings accounts and financial tools. The company was founded by Ronald Baldwin on September 1, 2008 and is headquartered in Leawood, KS.

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