CrossFirst Bankshares, Inc. (CFB)

CrossFirst Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	450.69	400.91	224.14	174.66	183.74	191.53
Interest Income on Investments	38.11	34.24	24.38	18.49	19.71	24.69
Total Interest Income	488.8	435.15	248.51	193.15	203.45	216.22
Interest Paid on Deposits	252.67	201.81	49.98	18.52	36.59	67.67
Interest Paid on Borrowings	3.52	8.5	5	5.94	6.61	7.11
Total Interest Expense	256.2	210.31	54.98	24.46	43.2	74.77
Net Interest Income	232.6	224.84	193.53	168.69	160.25	141.44
Net Interest Income Growth (YoY)	4.82%	16.18%	14.73%	5.27%	13.30%	28.16%
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.42
Gain (Loss) on Sale of Investments	-	-	-	-	1.75	1.05
Other Non-Interest Income	20.04	17.98	17.23	13.66	9.94	7.88
Total Non-Interest Income	21.74	20.66	17.28	13.66	11.73	8.71
Non-Interest Income Growth (YoY)	5.83%	19.58%	26.51%	16.42%	34.75%	43.14%
Revenues Before Loan Losses	254.34	245.51	210.82	182.35	171.98	150.15
Provision for Loan Losses	11.67	14.49	11.5	-4	56.7	29.9
Revenue	242.67	231.02	199.31	186.35	115.28	120.25
Revenue Growth (YoY)	7.66%	15.91%	6.96%	61.65%	-4.13%	16.80%
Salaries and Employee Benefits	85.64	83.9	70.87	56.5	53.38	52.39
Federal Deposit Insurance	7.5	7.26	3.35	3.71	4.3	2.79
Amortization of Goodwill & Intangibles	3.67	3.5	0.35	0.08	-	-
Selling, General & Administrative	37.05	38.88	33.4	26.99	24.97	24.35
Other Non-Interest Expense	12.34	11.94	12.72	11.41	8.68	8.03
Total Non-Interest Expense	146.49	145.61	120.68	99.38	92.57	87.64
EBT Excluding Unusual Items	96.18	85.41	78.64	86.97	22.71	32.61
Other Unusual Items	-	-1.3	-1.06	-	-	-
Pretax Income	93.78	84.11	77.57	86.97	15.31	32.61
Income Tax Expense	19.64	17.44	15.97	17.56	2.71	4.14
Net Income	74.15	66.67	61.6	69.41	12.6	28.47
Preferred Dividends & Other Adjustments	0.62	0.41	-	-	-	0.18
Net Income to Common	73.53	66.26	61.6	69.41	12.6	28.3
Net Income Growth	21.62%	8.23%	-11.26%	450.85%	-55.74%	45.34%
Basic Shares Outstanding	49	49	49	51	52	48
Diluted Shares Outstanding	50	49	50	52	53	49
Shares Change (YoY)	1.52%	-1.32%	-3.90%	-0.99%	8.18%	29.56%
EPS (Basic)	1.49	1.35	1.24	1.35	0.24	0.59
EPS (Diluted)	1.47	1.34	1.23	1.33	0.24	0.58
EPS Growth	19.65%	8.94%	-7.52%	454.17%	-58.62%	23.40%
Effective Tax Rate	20.94%	20.73%	20.59%	20.19%	17.72%	12.69%

Source: S&P Capital IQ. Banks template. Financial Sources.