CrossFirst Bancshares reports Q2 adjusted EPS 37c, consensus 34c

Reports Q2 revenue $63.6M, consensus $63.68M. Reports Q2 tangible book value per share $14.02. Reports Q2 ROAA 1%. Reports Q2 ROCE 10.59%. Reports Q2 net charge-offs .07%. “CrossFirst had a great quarter delivering solid earnings growth, maintaining strong credit quality, and strategically returning capital to stockholders,” said Mike Maddox, President and CEO of CrossFirst Bankshares, Inc. “Our earnings growth is a result of our focused strategy to scale our markets and verticals, driving expansion of net interest income and fee income. In turn, we increased operating leverage across our expense base.”