CrossFirst Bankshares (CFB) reported $67.13 million in income for the quarter ended September 2024, representing a year-over-year improve of 9.9%. EPS of $0.43 for a similar interval compares to $0.37 a 12 months in the past.
The reported income compares to the Zacks Consensus Estimate of $65.42 million, representing a shock of +2.62%. The corporate delivered an EPS shock of +10.26%, with the consensus EPS estimate being $0.39.
Whereas buyers carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s value efficiency.
Right here is how CrossFirst carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Internet curiosity margin: 3.3% versus 3.2% estimated by three analysts on common.
- Effectivity Ratio: 57.5% in comparison with the 56.3% common estimate based mostly on two analysts.
- Common curiosity incomes belongings: $7.45 billion in comparison with the $7.43 billion common estimate based mostly on two analysts.
- Complete non-performing loans: $10.20 million versus the two-analyst common estimate of $12.39 million.
- Complete non-performing belongings: $25.80 million versus $17.04 million estimated by two analysts on common.
- Internet charge-offs / Avg. loans: 0.1% versus the two-analyst common estimate of 0.1%.
- Non-interest revenue: $5.97 million versus $5.74 million estimated by three analysts on common.
- Internet curiosity revenue: $61.16 million in comparison with the $59.51 million common estimate based mostly on three analysts.
- Internet curiosity revenue (FTE): $61.67 million in comparison with the $59.85 million common estimate based mostly on three analysts.
View all Key Company Metrics for CrossFirst here>>>
Shares of CrossFirst have returned -6.4% over the previous month versus the Zacks S&P 500 composite’s +2.8% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.
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