3-Mar-2025
CrossFirst Bankshares Merges with Busey, Delists from NASDAQ
TipRanks (Mon, 3-Mar 8:29 AM ET)
First Busey Corporation Completes Acquisition of CrossFirst Bankshares, Inc. and CrossFirst Bank
Globe Newswire (Mon, 3-Mar 8:00 AM ET)
CrossFirst Bankshares, Inc. Reports Record Fourth Quarter and Record Full Year 2024 Results
Globe Newswire (Tue, 28-Jan 5:00 PM ET)
First Busey Corporation Receives Federal Reserve Approval to Acquire CrossFirst Bankshares, Inc.
Globe Newswire (Fri, 17-Jan 9:00 AM ET)
First Busey Corporation and CrossFirst Bankshares, Inc. Announce Shareholder Approvals of Merger
Globe Newswire (Mon, 23-Dec 9:00 AM ET)
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CFB, ARCH, PDCO on Behalf of Shareholders
Globe Newswire (Thu, 12-Dec 10:06 AM ET)
PRNewswire (Wed, 11-Dec 9:00 PM ET)
PRNewswire (Wed, 11-Dec 12:27 PM ET)
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates LBRDA, CFB, NBR on Behalf of Shareholders
PRNewswire (Fri, 6-Dec 3:48 PM ET)
CrossFirst Bankshares Inc is engaged in providing banking and financial services to businesses, business owners, professionals, and professional networks. The services offered by the company includes Checking accounts, Savings accounts, Personal Loans, International Banking, Business Loans, and Treasury services. The company generates revenue from interest income and fees on loans and interest earned from its marketable securities portfolio.
Crossfirst Bankshares trades on the NASDAQ stock market under the symbol CFB.
As of March 3, 2025, CFB stock price was flat at $15.99 with million shares trading.
CFB has a beta of 0.92, meaning it tends to be less sensitive to market movements. CFB has a correlation of 0.12 to the broad based SPY ETF.
CFB has a market cap of $788.54 million. This is considered a Small Cap stock.
Last quarter Crossfirst Bankshares reported $69 million in Revenue and $.45 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.02.
In the last 3 years, CFB traded as high as $19.22 and as low as $9.29.
The top ETF exchange traded funds that CFB belongs to (by Net Assets): IWM, VTI, AVUV, VXF, IWN.
CFB has outperformed the market in the last year with a price return of +26.1% while the SPY ETF gained +16.7%. However, in the short term, CFB had mixed performance relative to the market. It has underperformed in the last 3 months, returning -9.0% vs -2.2% return in SPY. But in the last 2 weeks, CFB shares have fared better than the market returning -2.0% compared to SPY -4.3%.
CFB support price is $15.56 and resistance is $16.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CFB shares will trade within this expected range on the day.