CrossFirst Bankshares (CrossFirst Bankshares) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is CrossFirst Bankshares Debt-to-Equity?

CrossFirst Bankshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.5 Mil. CrossFirst Bankshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $85.2 Mil. CrossFirst Bankshares's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $715.0 Mil. CrossFirst Bankshares's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CrossFirst Bankshares's Debt-to-Equity or its related term are showing as below:

CFB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.47 Max: 1.12
Current: 0.12

During the past 7 years, the highest Debt-to-Equity Ratio of CrossFirst Bankshares was 1.12. The lowest was 0.12. And the median was 0.47.

CFB's Debt-to-Equity is ranked better than
88.8% of 1393 companies
in the Banks industry
Industry Median: 0.66 vs CFB: 0.12

CrossFirst Bankshares Debt-to-Equity Historical Data

The historical data trend for CrossFirst Bankshares's Debt-to-Equity 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 Debt-to-Equity Chart

CrossFirst Bankshares Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.60

0.47

0.36

0.38

0.12

CrossFirst Bankshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.51	0.43	0.16	0.12	0.12

Competitive Comparison of CrossFirst Bankshares's Debt-to-Equity

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

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

* The bar in red indicates where CrossFirst Bankshares's Debt-to-Equity falls into.

CrossFirst Bankshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CrossFirst Bankshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	86.839)	/	708.143
	=	0.12

CrossFirst Bankshares's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.549	+	85.202)	/	714.971
	=	0.12

CrossFirst Bankshares (NAS:CFB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

CrossFirst Bankshares Debt-to-Equity Related Terms

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CrossFirst Bankshares (CrossFirst Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CrossFirst Bankshares Inc (NAS:CFB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11440 Tomahawk Creek Parkway, Leawood, KS, USA, 66211

Website

https://www.crossfirstbank.com

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