CrossFirst Bankshares Net Income | CFB

Net profit is a financial indicator that reflects the remaining amount of money after deducting all expenses and taxes from the company’s total income over a certain period of time. It is one of the key indicators of a company’s financial stability and success.

Net profit is the portion of total profit remaining after taxes and depreciation have been deducted.^[1]

It is the result of a company’s operations and reflects its efficiency in managing resources, controlling expenses, and generating income. It includes all operating revenues and expenses, such as sales of goods or services, production costs, administrative expenses, taxes, and other financial metrics.

The calculation of net profit includes the deduction of all necessary expenses such as employee salaries, rent, utilities, taxes, and other mandatory payments. After all these expenses are deducted from the total income, the remaining amount is considered the company’s net profit.

Net profit is an important indicator of a company’s financial health, as it reflects its ability to generate earnings and manage its finances. High net profit indicates business success, competitiveness, and efficiency in resource utilization. It also allows a company to invest in its development, pay dividends to shareholders, or create reserve funds for unforeseen situations.

It serves as a basis for calculating other financial indicators, such as return on sales, return on assets, or return on equity. It is also used to assess the performance of management and make decisions regarding the future development of the company.

However, it should be noted that net profit can be affected by various factors, such as economic conditions, changes in legislation, market competition, and other external influences. Therefore, companies must be prepared for possible changes and take measures to ensure the stability of their financial results.

Annual Net Income CrossFirst Bankshares

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
66.7 M	61.6 M	69.4 M	12.6 M	28.5 M	19.6 M	5.85 M	-	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
69.4 M	5.85 M	37.7 M

Quarterly Net Income CrossFirst Bankshares

2024-Q3	2024-Q2	2024-Q1	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
19.6 M	18.6 M	18.2 M	16.9 M	16 M	16.1 M	-	17.3 M	15.5 M	16.8 M	-	21 M	15.6 M	12 M	-	8.01 M	-7.36 M	3.86 M	-	10.4 M	9.44 M	9.35 M	-	6.35 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
21 M	-7.36 M	12.8 M

References

Bhamornsiri, S., & Wiggins, C. (2001). Comprehensive income disclosures. The CPA Journal, 71(10), 54.

Net Income of other stocks in the Banks regional industry

Issuer	Net Income	Price	% 24h	Market Cap	Country
Valley National Bancorp VLY	598 M	$ 14.06	1.81 %	$ 7.87 B	USA
Pinnacle Financial Partners PNFPP	475 M	-	-	$ 1.91 B	USA
Prudential Bancorp PBIP	1.99 M	-	1.09 %	$ 116 M	USA
Limestone Bancorp LMST	4.91 M	-	-	$ 179 M	USA
PacWest Bancorp PACW	424 M	-	-2.71 %	$ 887 M	USA
Bank of South Carolina Corporation BKSC	1.81 M	-	-0.41 %	$ 66.6 M	USA
Westamerica Bancorporation WABC	116 M	$ 61.38	-0.87 %	$ 1.58 B	USA
Washington Federal WAFD	226 M	$ 29.47	0.1 %	$ 2.36 B	USA
Western Alliance Bancorporation WAL	969 M	$ 76.12	-0.72 %	$ 8.28 B	USA
Enterprise Bancorp EBTC	38.7 M	-	-	$ 491 M	USA
Woori Financial Group WF	3.17 T	$ 66.71	-3.81 %	$ 49.5 B	South-korea
Eagle Bancorp EGBN	-138 M	$ 33.68	2.15 %	$ 1.02 B	USA
WesBanco WSBC	223 M	$ 39.05	-0.2 %	$ 3.55 B	USA
Waterstone Financial WSBF	26.4 M	$ 19.95	-0.6 %	$ 356 M	USA
WSFS Financial Corporation WSFS	287 M	$ 79.02	1.95 %	$ 4.45 B	USA
West Bancorporation WTBA	32.6 M	$ 30.44	0.46 %	$ 515 M	USA
MidWestOne Financial Group MOFG	16.3 M	-	-	$ 773 M	USA
Capstar Financial Holdings CSTR	29.8 M	-	-	$ 425 M	USA
HMN Financial HMNF	6 M	-	-2.13 %	$ 122 M	USA
Citizens Holding Company CIZN	1.85 M	-	-5.65 %	$ 49.5 M	USA
First Commonwealth Financial Corporation FCF	152 M	$ 21.1	0.19 %	$ 2.18 B	USA
HarborOne Bancorp HONE	27.4 M	-	-	$ 499 M	USA
Luther Burbank Corporation LBC	80.2 M	-	0.55 %	$ 466 M	USA
Farmers & Merchants Bancorp FMAO	9.79 M	$ 36.54	1.81 %	$ 502 M	USA
FNCB Bancorp FNCB	13 M	-	-	$ 133 M	USA
HV Bancorp HVBC	2.23 M	-	2.06 %	$ 77.4 M	USA
The First of Long Island Corporation FLIC	17.1 M	-	0.25 %	$ 268 M	USA
Evans Bancorp EVBN	12 M	-	2.41 %	$ 218 M	USA
Mid-Southern Bancorp MSVB	376 K	-	1.55 %	$ 30.4 M	USA
Banco Santander-Chile BSAC	1.04 T	$ 31.72	-0.75 %	$ 5.98 T	Chile
Oconee Federal Financial Corp. OFED	4.1 M	-	-	$ 75.8 M	USA
Heartland Financial USA HTLF	-70.4 M	-	-2.16 %	$ 2.77 B	USA
Brookline Bancorp BRKL	68.7 M	-	-	$ 974 M	USA
Old Point Financial Corporation OPOF	9.51 M	-	-	$ 213 M	USA
Guaranty Bancshares GNTY	31.5 M	-	-	$ 570 M	USA
Professional Holding Corp. PFHD	21.4 M	-	-0.52 %	$ 404 M	USA
F.N.B. Corporation FNB	565 M	$ 18.18	-0.03 %	$ 6.56 B	USA
First Bank FRBA	19.4 M	$ 19.39	4.53 %	$ 386 M	USA
Ames National Corporation ATLO	19 M	$ 33.7	-1.0 %	$ 300 M	USA
Atlantic Union Bankshares Corporation AUB	274 M	$ 39.89	-0.47 %	$ 5.14 B	USA
BancFirst Corporation BANF	241 M	$ 111.21	-1.02 %	$ 3.7 B	USA
Banco BBVA Argentina S.A. BBAR	365 B	$ 13.17	5.36 %	$ 8.07 B	Argentina
Banco Bradesco S.A. BBD	23.9 B	$ 4.07	3.04 %	$ 215 B	Brasil
Banco Bradesco S.A. BBDO	23.9 B	$ 3.67	1.94 %	$ 215 B	Brasil
Business First Bancshares BFST	87.9 M	$ 31.8	-0.44 %	$ 935 M	USA
Bank of Marin Bancorp BMRC	26.5 M	$ 27.11	-0.84 %	$ 432 M	USA
Intercorp Financial Services IFS	1.31 B	$ 51.82	0.35 %	$ 5.92 B	-
Banco Santander (Brasil) S.A. BSBR	13 B	$ 5.55	0.91 %	$ 104 B	Brasil
Byline Bancorp BY	130 M	$ 38.4	1.21 %	$ 1.72 B	USA