CrossFirst Bancshares reports Q1 EPS 36c, consensus 35c

Reports Q1 revenue 62.2M, consensus $63.28M. Grew book value per common share 1% to $14.47 at March 31, 2024 compared to the prior quarter; tangible book value per common share(3) also grew 1% to $13.70. “CrossFirst had a solid first quarter with strong organic loan and deposit growth, stable credit quality, expansion of non-interest income, and an increase in earnings,” said Mike Maddox, President and CEO of CrossFirst Bankshares, Inc. “We benefit from operating in dynamic markets and continued to gain leverage in our operating model this quarter as we executed our strategy to serve our clients and drive enhanced shareholder return.”