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CrossFirst Bankshares (CrossFirst Bankshares) Net Margin % : 29.31% (As of Mar. 2024)


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What is CrossFirst Bankshares Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. CrossFirst Bankshares's Net Income for the three months ended in Mar. 2024 was $18.2 Mil. CrossFirst Bankshares's Revenue for the three months ended in Mar. 2024 was $62.2 Mil. Therefore, CrossFirst Bankshares's net margin for the quarter that ended in Mar. 2024 was 29.31%.

The historical rank and industry rank for CrossFirst Bankshares's Net Margin % or its related term are showing as below:

CFB' s Net Margin % Range Over the Past 10 Years
Min: 7.28   Med: 18.91   Max: 38.09
Current: 28.07


CFB's Net Margin % is ranked better than
59.56% of 1454 companies
in the Banks industry
Industry Median: 25.32 vs CFB: 28.07

CrossFirst Bankshares Net Margin % Historical Data

The historical data trend for CrossFirst Bankshares's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CrossFirst Bankshares Net Margin % Chart

CrossFirst Bankshares Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 18.91 7.33 38.09 29.23 27.16

CrossFirst Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.72 26.60 27.60 28.73 29.31

Competitive Comparison of CrossFirst Bankshares's Net Margin %

For the Banks - Regional subindustry, CrossFirst Bankshares's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CrossFirst Bankshares's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CrossFirst Bankshares's Net Margin % distribution charts can be found below:

* The bar in red indicates where CrossFirst Bankshares's Net Margin % falls into.



CrossFirst Bankshares Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

CrossFirst Bankshares's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=66.669/245.438
=27.16 %

CrossFirst Bankshares's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=18.223/62.183
=29.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CrossFirst Bankshares  (NAS:CFB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


CrossFirst Bankshares Net Margin % Related Terms

Thank you for viewing the detailed overview of CrossFirst Bankshares's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CrossFirst Bankshares (CrossFirst Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
11440 Tomahawk Creek Parkway, Leawood, KS, USA, 66211
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 include 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.
Executives
Hansen George E. Iii director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael Kent Robinson director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
James W. Kuykendall director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael John Daley officer: Chief Accounting Officer 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Jennifer M Payne officer: Chief Risk Officer 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Mason King director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
George Bruce director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Lance Humphreys director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Benjamin R Clouse officer: CFO 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Amy C. Abrams officer: General Counsel & Corp Sec 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Jana Merfen officer: CHIEF TECHNOLOGY OFFICER 11440 TOMAHAWK CREEK PKWY, LEAWOOD KS 66211
Mike Maddox director 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
David L. O'toole director, officer: CFO and Investment Officer 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Jones George F Jr director, officer: President and CEO 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Steve M Peterson officer: Chief Banking Officer 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211

CrossFirst Bankshares (CrossFirst Bankshares) Headlines