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CrossFirst Bankshares (CrossFirst Bankshares) Tangible Book per Share : $13.86 (As of Mar. 2024)


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What is CrossFirst Bankshares Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. CrossFirst Bankshares's tangible book value per share for the quarter that ended in Mar. 2024 was $13.86.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


CrossFirst Bankshares Tangible Book per Share Historical Data

The historical data trend for CrossFirst Bankshares's Tangible Book per Share 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.

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CrossFirst Bankshares Tangible Book per Share Chart

CrossFirst Bankshares Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial 11.43 12.08 13.23 11.96 13.72

CrossFirst Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tangible Book per Share 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 12.70 12.83 12.39 13.72 13.86

Competitive Comparison of CrossFirst Bankshares's Tangible Book per Share

For the Banks - Regional subindustry, CrossFirst Bankshares's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CrossFirst Bankshares's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CrossFirst Bankshares's Price-to-Tangible-Book falls into.



CrossFirst Bankshares Tangible Book per Share Calculation

CrossFirst Bankshares's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(708.143-0-31.335)/49.3359
=13.72

CrossFirst Bankshares's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(714.971-0-30.404)/49.4005
=13.86

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


CrossFirst Bankshares  (NAS:CFB) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


CrossFirst Bankshares Tangible Book per Share Related Terms

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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